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News Categories: Company Operations News

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Results48 articles shown

Norwegian Energy Company Replaces CEO With CFO
Monday, November 24, 2014 Norwegian Energy Company elevates Chief Financial Officer Tommy Sundt to CEO to replace Svein Arild Killingland as the firm tries to resolve production and financial difficulties.

Ineos Hires To Expand Into North Sea Oil And Gas Production
Monday, November 24, 2014 Ineos is looking to expand into North Sea oil and gas production by hiring a number of senior and mid-level staff, according to its website.

Salamander Backs Ophir Takeover Offer
Monday, November 24, 2014 UK oil and gas explorer Ophir Energy says its $418-million takeover of Salamander Energy has been recommended by the target firm's board.

Pryor to Retire from ExxonMobil
Friday, November 21, 2014 Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, elects to retire on January 1, 2015, after more than 44 years of service.

Sonardyne Grows Presence in Australasia, Chooses Scope Engineering as Agent
Friday, November 21, 2014 Sonardyne appoints Scope Engineering as its agent to expand business presence in Australasia.


  



Snoozebox Wins Workforce Hotel Deal with Premier Oil
Friday, November 21, 2014 Snoozebox to provide an 80-bedroom temporary workforce hotel to Premier Oil.

Ocean Installer Wins Delta House SURF Contract
Friday, November 21, 2014 Ocean Installer wins a contract for an umbilical installation project with Oceaneering for LLOG on the Delta House project in the Mississippi Canyon Area of the U.S. Gulf of Mexico.

Technip Wins Brazilian Flexible Pipe Deal
Friday, November 21, 2014 French oilfield services firm Technip wins a deal to supply high-tech flexible pipes to the Iracema North pre-salt field offshore Brazil.

Cosco Delivers Self-Erecting Drilling Tender Barge to Energy Drilling
Friday, November 21, 2014 Cosco Guangdong delivers a newbuild self-erecting drilling tender barge to Energy Drilling.

Ophir Energy Offers to Buy Salamander in SE Asia Push
Friday, November 21, 2014 British oil and gas explorer Ophir Energy offers to buy Salamander Energy Plc for 267 million pounds ($419 million) to expand in southeast Asia.

App Launched to Help Protect Oil, Gas Workers from Ebola
Friday, November 21, 2014 International SOS launches a free app aimed at helping oil and gas workers traveling to West Africa to stay updated about Ebola.

Intan Extends Charter for 5 OSVs to Emas Offshore by 2 Years for $23M
Friday, November 21, 2014 Perisai Petroleum's unit Intan Offshore extends charter for five of its offshore support vessels to Emas Offshore by two years for around $23 million.

Opus in Expansive Mood on First Drillship Delivery
Thursday, November 20, 2014 Opus Offshore, poised to take delivery of its maiden drillship in China soon, has unveiled plans to double its drilling fleet by the end of this decade.

Caribbean FLNG Facility Undergoes Commissioning, Delivery by End of 2Q 2015
Thursday, November 20, 2014 Newbuild Caribbean FLNG facility undocks at Wison Offshore & Marine's Nantong yard in China ahead of delivery to Colombia by the end of June 2015 quarter.

Oil Services Firm CGG Rebuffs $1.8B Offer From Rival Technip
Thursday, November 20, 2014 CGG rebuffs a $1.84 billion takeover offer from larger rival Technip, which wants to broaden the range of services it can offer cost-wary oil companies.

Drillsearch Energy Names Walter Simpson as Chief Operating Officer
Thursday, November 20, 2014 Drillsearch Energy names Walter Simpson as chief operating officer.

TransCanada Plans To Double Dividend Growth Rate Through 2017
Wednesday, November 19, 2014 TransCanada says it planned to double its dividend growth rate through 2017 as it brings about $11.47 billion worth of small and medium-size projects on line over the next five years.

COSL Takes Delivery of Newbuild Seimsub COSLProspector from CIMC Raffles
Wednesday, November 19, 2014 China Oilfield Services Limited takes delivery of the newbuild COSLProspector semisub from CIMC Raffles at Yantai yard in Shandong province, China.

Technip Names New Diving Support Vessel
Wednesday, November 19, 2014 French oilfield services firm calls its latest diving support vessel the 'Deep Explorer'.

CIMC Raffles to Build Deepwater Semisub Accommodation Rig for C.Helios
Wednesday, November 19, 2014 CIMC Raffles clinches order to build a deepwater semisub accommodation rig from C. Helios and has revealed plans to develop a new generation semisub drilling rig with Bassoe Technology.

Mermaid Maritime Extends Reach in Indonesia with Charter-in of DSV
Tuesday, November 18, 2014 Mermaid Maritime extends reach in Indonesia with the charter-in of dive support vessel Windermere, renamed Mermaid Nusantara, for five years.

Eni Expands its Presence in Turkmenistan
Tuesday, November 18, 2014 Italy's Eni signs a deal in Turkmenistan that will see it extend its production sharing agreement covering the Nebit Dag area of the country.

Pacific Radiance Lands $140M Contract for Newbuild OSV
Tuesday, November 18, 2014 Pacific Radiance lands $140 million contract for a newbuild offshore support vessel to be delivered in 2016/17.

Statoil Changes Staff Pension Scheme
Tuesday, November 18, 2014 Norway's Statoil shifts from a defined benefit pension scheme to one that is based on defined contributions.

Xcite Signs Rig Provision Agreement for Bentley Field
Monday, November 17, 2014 Xcite Energy signs a deal with China Oilfield Services Limited for the provision of a new jackup rig for use on the company's Bentley field in the North Sea.

Man-Camp Providers Emerge Strong Picks on LNG potential
Monday, November 17, 2014 Oilfield camp providers banking on the long-term prospects of liquid natural gas export terminals in British Columbia are emerging as hot stock picks as their shares slump.

CEPSA Says no Longer Interested in Buying Salamander Energy
Monday, November 17, 2014 A consortium led by Spain's Compania Espanola de Petroleos said it was withdrawing from the bidding to acquire oil firm Salamander Energy, reducing the competition for rival suitor Ophir.

Sinopec to Spend Billions to Handle Oil Pipeline Safety Problems
Monday, November 17, 2014 China's Sinopec pledges to spend $4.6 billion over three years to address safety concerns related to its oil pipelines.

Roc Oil Names Bin Zhao as Chairman to Succeed Mike Harding
Friday, November 14, 2014 Australia's Roc Oil names Bin Zhao as chairman to succeed Mike Harding.

Canada's Niko Resources Says Evaluating Plans For India Assets
Friday, November 14, 2014 Niko Resources said it was evaluating plans for its oil and gas assets in India, citing uncertainty related to the outlook for natural gas prices in the country.

Sino Australia Plans to Embark on EOR Project at Liaohe Oil Field in China
Thursday, November 13, 2014 Sino Australia Oil and Gas plans to embark on an enhanced oil recovery project at Liaohe oil field in China's Liaoning province.

North Sea Independents Report Solid Progress
Thursday, November 13, 2014 North Sea producers Premier Oil and Ithaca Energy both issue 'solid' updates for their respective third quarters.

NDC Orders 2 LeTourneau-Designed Jackups from Lamprell for $365M
Thursday, November 13, 2014 National Drilling Co. orders two LeTourneau-designed jackups from Lamprell for around $365 million.

GE Oil & Gas to Supply Turbomachinery for Petronas' Second FLNG Facility
Thursday, November 13, 2014 GE Oil & Gas lands contract to supply Petronas with turbomachinery for second floating liquefied natural gas facility to be deployed offshore East Malaysia.

Solvay Profit Rise Helped by Fracking, Cheaper Raw Materials
Thursday, November 13, 2014 Belgian chemicals firm Solvay sees 9.5-percent increase in its third-quarter profit thanks to an increased demand for fracking fluids in the US.

Hoidi's Unit Clinches 4 Jackup Rig Leg Fabrication Contract from CMHI
Wednesday, November 12, 2014 Hoidi's subsidiary Tianjin Hoidi clinches a rig leg fabrication contract for four Bestford Offshore's jackups from China Merchant Heavy Industries.

SBM Offshore Settles Bribery Case for $240M, Shares Jump
Wednesday, November 12, 2014 Dutch oilfield services firm SBM Offshore Settles Bribery Case for $240 million.

McDermott Bags Offshore Pipeline Deal for Brunei's Champion, Ampa Fields
Wednesday, November 12, 2014 McDermott bags a three year deal from Brunei Shell Petroleum to transport and install pipelines and umbilicals for the Champion and Ampa fields offshore Brunei.

Thai PTTEP Aims to Boost Cash Flow to $4B at End 2014
Wednesday, November 12, 2014 PTTEP aims to boost cash flow to $4 billion at the end of 2014 from $3.68 billion in 2013.

Subsea 7 Warns of Increased Uncertainty in Project Awards
Wednesday, November 12, 2014 Subsea 7, while reporting strong third quarter results, warns of increased uncertainty in the timing of certain project awards from customers due to lower oil prices.

PV Shipyard Commences Keel Laying for Tam Dao 05 Jackup in Vung Tau
Tuesday, November 11, 2014 Vietsovpetro's $230 million Tam Dao 05 jackup reaches construction milestone with a keel laying ceremony held at PV Shipyard in Vung Tau, Vietnam.

Vallianz to Acquire Stake in Indonesian OSV Company to Enter Local Market
Tuesday, November 11, 2014 Vallianz Holdings to acquire 49 percent interest in PT Swiber Berjaya for $17.5 million to gain entry into Indonesia's offshore support vessel market.

Urals Energy Appoints Interim CEO
Tuesday, November 11, 2014 Urals Energy appoints its chief financial officer as interim CEO while it searches for a permanent replacement for Alexei Maximov.

Shell to Maintain Asset Sales Target despite Oil Price Decline
Tuesday, November 11, 2014 Shell to maintain its target to sell $15 billion of assets by 2015 in an effort to boost cash flow.

Petrobras Says It Gets $2.2B From Sale Of Assets In Peru
Tuesday, November 11, 2014 Petrobras says it received $2.2 billion from the sale of its Peruvian oil and gas assets to PetroChina and its parent China National Petroleum Corp (CNPC).

Professor Green Quits as Circle CEO
Tuesday, November 11, 2014 Circle Oil says CEO Professor Green intends to step down as the company makes progress in North Africa and Oman.

COSL's NH9 Semisub Completes First Deepwater Assignment
Tuesday, November 11, 2014 China Oilfield Services Limited's NH9 semisub completed its first deepwater assignment as the firm seeks to boost its operational capability.

Maersk CEO Says Company Is Ready To Invest In Oil Fields
Tuesday, November 11, 2014 A.P. Moller-Maersk's third-quarter net profit beat expectations, boosted by a strong performance at its container shipping business Maersk Line.