Results 46 articles shown
Inpex, MHI Ink Memorandum on Joint Study of Technological Challenges
Thursday, May 26, 2016 Inpex and Mitsubishi Heavy Industries ink memorandum agreeing to jointly study solutions for various technological challenges in the energy sector.
Bibby Offshore Wins North Sea Contract with Apache
Thursday, May 26, 2016 Bibby Offshore secures a contract with Apache North Sea Ltd to provide subsea construction, ROV and diving services at the largest oil field in the North Sea.
India's ONGC Reports 12% Rise In Q4 Profit, Beating Estimates
Thursday, May 26, 2016 Oil and Natural Gas Corp, India's biggest oil explorer, reports a surprise 12 percent rise in 4Q net profit, helped by a one-off gain.
Seadrill Warns of Further Cost-Cutting in 2016
Thursday, May 26, 2016 Seadrill will be cutting costs by approximately $340 million this year, after warning that the offshore drilling market "remains challenging".
Nostrum Oil & Gas Financials 'In Line', Production Guidance Unchanged
Wednesday, May 25, 2016 Nostrum Oil & Gas plc's 1Q financials are "broadly in line and operations are on track", according to a brief research note from FirstEnergy.
Sembcorp Marine Dismisses EIG's Allegations on Sete Brasil Investment
Wednesday, May 25, 2016 Sembcorp Marine dismisses allegations by EIG Management Co. that the latter was misled by the firm and its unit Jurong Shipyard to invest in Sete Brasil.
SMOE Delivers Ivar Aasen Field's Platform Deck to Det norske
Tuesday, May 24, 2016 SMOE delivers the platform deck for the Ivar Aasen field in the North Sea to Det norkse, with sailaway from Singapore to Norway planned for early June.
PNG Watchdog: Oil Search, InterOil Should Seek Approvals For Merger
Tuesday, May 24, 2016 Papua New Guinea may challenge the $2.2 billion merger between Oil Search and InterOil if they fail to comply with anti-competition procedures, the country's corporate watchdog says.
Australia's Tap Oil Renews Board, Appoints Three New Directors
Tuesday, May 24, 2016 Australia's Tap Oil renews company board with appointment of three new directors.
McDermott Charts Growth Path Following Company Restructuring
Monday, May 23, 2016 Fresh from a company turnaround, offshore engineering and construction firm McDermott gears up to tap opportunities in a market beset by the challenges of low oil prices.
Europa Oil & Gas Signs PEDL143 Farm-Out Deal with UJO
Monday, May 23, 2016 Europa Oil & Gas (Holdings) plc signs a farm-out agreement in relation to a 7.5% working interest in the PEDL143 license, located in the Weald Basin, with Union Jack Oil and Gas plc (UJO).
Atlas Professionals Secures NCS Contract with Det Norske
Friday, May 20, 2016 Atlas Professionals secures a frame agreement with Det norske oljeselskap ASA to support its operations on the Norwegian Continental Shelf, commencing June 1.
Malaysia's DNeX Oilfield Receives LOA from PETRONAS Carigali
Friday, May 20, 2016 Malaysia's DNeX Oilfield Services receives a letter of award from PETRONAS Carigali for oilfield services.
Keppel O&M, Rosneft & MHWirth Set Up Singapore Incorporated JV
Friday, May 20, 2016 Keppel Offshore & Marine sets up a Singapore incorporated joint venture company with Russia's Rosneft and Norway's MHWirth for the design and engineering of mobile offshore drilling units.
Brazil's Petrobras To Name Parente As CEO On Monday
Friday, May 20, 2016 Petroleo Brasileiro SA will meet on Monday to formalize the nomination of Pedro Parente as chief executive, replacing Aldemir Bendine.
Petrofac Secures 3-Year North Sea Services Contract Extension
Thursday, May 19, 2016 Petrofac secures a 3-year services contract extension from Total E&P UK to provide support for the Alwyn and Dunbar platforms in the Northern North Sea.
McDermott Joins 14 Other Offshore Firms to Establish Industry Standards
Thursday, May 19, 2016 McDermott joins 14 other offshore companies to establish engineering industry standards.
Report: North Sea Operator, Supply Chain Collaboration Increasing
Thursday, May 19, 2016 Collaboration between operator companies in the North Sea oil and gas industry and the wider supply chain is increasing, according to a report by Oil & Gas UK and Deloitte.
Gazprom, PTT Sign MOU to Cooperate in Oil and Gas Industry
Thursday, May 19, 2016 Gazprom signs a memorandum of understanding with Thailand's national oil company PTT for cooperation in the oil and gas industry.
Speedcast Clinches Network Services Contract in UAE, Oman
Thursday, May 19, 2016 Speedcast clinches contract to provide network services in the United Arab Emirates and Oman.
Russia's TMK Sees Flat Core Earnings In 2016
Thursday, May 19, 2016 TMK, Russia's largest maker of steel pipes for the oil and gas industry, expects its 2016 core earnings to be flat compared with last year.
Shell India Names Nitin Prasad to Replace Yasmin Hilton as Country Head
Wednesday, May 18, 2016 Shell India names Nitin Prasad as country head to succeed Yasmine Hilton, who will step down on Oct. 1.
Sembcorp Marine's Unit EJA Completes First Repair Job at its Brazil Yard
Wednesday, May 18, 2016 Sembcorp Marine's unit Estaleiro Jurong Aracruz completes its first vessel repair project at its yard in Brazil.
Exxon Neftegas, Sakhalin Energy Discuss Buying Gas For Sakhalin-2
Wednesday, May 18, 2016 ExxonMobil's Russian affiliate Exxon Neftegas and Sakhalin Energy restart talks on buying gas from the Sakhalin-1 project for Sakhalin-2 expansion.
Katalyst Data Management Opens Perth Office to Tap Asia Pacific Business
Tuesday, May 17, 2016 Katalyst Data Management opens new center in Perth, Australia to support operational and exploration programs in Asia Pacific.
Shell Shareholders Advised to Oppose CEO Pay
Tuesday, May 17, 2016 Investor advisors Glass Lewis and PIRC have recommended shareholders oppose Royal Dutch Shell Chief Executive Officer's 2015 remuneration at the oil and gas company's annual general meeting next week.
Malaysian Contractor UMW Oil & Gas Cuts 300 Jobs
Tuesday, May 17, 2016 Malaysia's UMW Oil & Gas Corp. cuts 300 jobs as it streamlines the workforce amid the downturn in oil prices.
InterOil Board Asks Shareholders To Reject Founder's Nominees
Tuesday, May 17, 2016 Oil and gas producer InterOil Corp's board urges shareholders to reject nominations made by founder and former Chief Executive Phil Mulacek as they are "not in the best interests" of the investors.
Wood Group Appoints New Chief Procurement Officer
Tuesday, May 17, 2016 Oilfield services firm Wood Group appoints Raymond Schlaff as its new chief procurement officer.
Gazprom, PetroVietnam to Jointly Develop Oil, Gas Projects
Tuesday, May 17, 2016 Gazprom and PetroVietnam sign a deal to jointly develop new oil and gas projects and cooperate on gas-based power generation.
InterOil Asks Shareholders to Reject Founder's Board Nominees
Tuesday, May 17, 2016 InterOil Corp urged shareholders to reject board nominations made by founder and former Chief Executive Phil Mulacek, saying they were "not in the best interests" of investors.
Cosco, KS Energy May Sell KS Orient Star 2 if Offer Covers Building Cost
Tuesday, May 17, 2016 Cosco and KS Energy are entitled to sell newbuild KS Orient Star 2 to a third party if either firm receives an offer covering the building costs.
CGG Qualifies as Mexican Reserves Auditor
Tuesday, May 17, 2016 CGGVeritas Services de Mexico S.A becomes one of only "a small number of companies" to be registered by Mexico's NHC as an independent third party qualified to audit and certify Mexico's reserves.
O Globo: Former Bunge Brasil CEO Parente Picked To Run Petrobras
Tuesday, May 17, 2016 Brazil's interim President Michel Temer has decided to appoint engineer and former Bunge executive Pedro Parente to be chief executive of ailing state-run oil company Petrobras, O Globo newspaper reports.
MEED: Abu Dhabi's ADNOC Cutting 5,000 Jobs
Monday, May 16, 2016 Abu Dhabi's state-owned National Oil Co (ADNOC) plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out, Middle East news service MEED reports.
Malaysia's MISC Completes Acquisition of Gumusut-Kakap Semi-FPS from EPV
Monday, May 16, 2016 Malaysia's MISC completes acquisition of 50 percent stake in Gumusut-Kakap Semi-Floating Production System from E&P Venture Solutions for $445 million.
Vallianz Secures $210M Contracts to Supply 13 OSVs to ME NOC
Monday, May 16, 2016 Vallianz Holdings secures $210 million contracts to supply 13 offshore support vessels to a Middle Eastern national oil company, bringing its order book to a record $1.2 billion.
Total Officially Opens Shetland Gas Plant
Monday, May 16, 2016 Total officially opens a new gas plant on the Shetland Islands, following the production start-up of the Laggan and Tormore gas and condensate fields earlier this year.
Chevron Thailand Says To Cut 800 Staff, Cut Costs By $500M
Monday, May 16, 2016 The Thai unit of U.S. oil firm Chevron plans to cut 800 staff this year as it looks to cut costs by half a billion dollars to weather the sharp fall in global energy prices and weaker demand.
Singapore's KHMO Inks MOU with Iran Marine Fund for Iranian O&G Projects
Friday, May 13, 2016 Singapore's Kim Heng Marine & Oilfield (KHMO) inks a memorandum of understanding with state-owned Iran Marine Fund to potentially set up a strategic partnership for Iranian offshore marine and oil and gas projects.
New OMV CFO to Start July 1
Friday, May 13, 2016 OMV Aktiengesellschaft's new chief financial officer, Reinhard Florey, will start his role July 1.
Malaysia's Gas Generators Bags a $4.4M Contract from PTS Resources
Friday, May 13, 2016 Malaysia's Tanjung Offshore says its unit GGM has bagged $4.42 million contract to supply, deliver, install, test and commission a battery system for PTS Resources.
InterOil Shareholders Nominate 5 Independent Directors To Board
Friday, May 13, 2016 InterOil Corp's former chief executive, Phil Mulacek, and other shareholders nominated five independent directors to the company's board.
Hydro Group Signs Deals with Asia Pacific Business Partners
Friday, May 13, 2016 Hydro Group signs deals with Asia Pacific business partners as it continues strategic growth in the region, including in the energy sector.
JKX Oil & Gas Appoints New PPC General Director
Friday, May 13, 2016 Eastern Europe-focused energy firm JKX Oil & Gas plc appoints Daniel Valk as the new general director of its wholly owned subsidiary Poltava Petroleum Company.
Cosco Nantong to Delay Delivery of KS Orient Star 2 to End 2017
Friday, May 13, 2016 Cosco Nantong agrees to delay delivery of newbuild jackup KS Orient Star 2 to KS Drilling to end 2017.
|Brent Crude Oil :||$49.74/BBL||2.32%|
|Light Crude Oil :||$49.56/BBL||1.93%|
|Natural Gas :||$1.99/MMBtu||0.50%|
|Updated in last 24 hours|