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Kremlin: Premature To Say If Turkstream Gas Project Will Be Resumed
Thursday, June 30, 2016 The Kremlin say it is still premature to say whether the Turkstream natural gas pipeline project involving Turkey will be resumed.

Triangle USA Petroleum, Oil and Gas Explorer, Files Bankruptcy
Thursday, June 30, 2016 Triangle USA Petroleum, an oil and gas explorer working one of the largest shale oil reservoirs in North America, files for bankruptcy with a plan to restructure that will keep its parent company out of Chapter 11.

Oman Oil Firm Raises $4 Billion Loan for Projects
Wednesday, June 29, 2016 State-owned Petroleum Development Oman obtains a $4-billion loan from international banks to help finance construction of new facilities.

Keppel's BrasFELS Completes Project for MODEC's FPSO
Wednesday, June 29, 2016 Singapore-based Keppel's subsidiary BrasFELS Shipyard completes an integration and completion project for FPSO Cidade de Caraguatatuba MV27 for MODEC.

Sembcorp Marine Acquires 50% Stake in KANFA Aragon from Sevan Marine
Wednesday, June 29, 2016 Sembcorp Marine acquires 50 percent stake in process solutions and services provider KANFA Aragon from Sevan Marine for $2.36 million.


  


VARD Agrees to Terminate Order to Build OCAH Vessel for REM Offshore
Wednesday, June 29, 2016 Vard Holdings accepts compensation to terminate REM Offshore's contract to build an offshore construction and anchor handling vessel.

Wood Group Secures Services Contract for Peregrino Field
Tuesday, June 28, 2016 Wood Group secures a multimillion dollar contract to provide detailed engineering, design, and procurement services to SAH for the development of the Peregrino field, offshore Brazil.

Statoil Acquires JX Nippon Utgard Stake
Tuesday, June 28, 2016 Statoil acquires JX Nippon's 45% equity share in, and operatorship of, the UK license for the Utgard field.

Maersk Oil To Focus On North Sea, Kenya After Qatar Contract Loss
Tuesday, June 28, 2016 Maersk Oil will focus on building on its operations in the North Sea and in Kenya, after it lost the contract to operate Qatar's largest offshore oilfield.

Higher Oil Prices Don't Equal Increase in Hiring ... Yet
Tuesday, June 28, 2016 Texas oil economist says if oil prices continue to increase, employment gains could take place as soon as early fall.

Saudi Aramco And SABIC Sign Oil-To-Chemicals Project Deal
Tuesday, June 28, 2016 Saudi Aramco agrees a deal with Saudi Basic Industries Corp (SABIC) to set up a joint oil-to-chemicals project in the Red Sea city of Yanbu.

SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
Tuesday, June 28, 2016 SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.

Intertek Clinches Inpex-operated Ichthys LNG Project Contract Off Australia
Tuesday, June 28, 2016 Intertek clinches contract to provide quality assurance services into the operational phase of the Inpex-operated Ichthys liquefied natural gas project off northwestern Australia.

Poland's PGNiG Sets Up London Trading Office Despite Brexit
Tuesday, June 28, 2016 Poland's top gas firm PGNiG will set up an office in London to buy liquefied natural gas, despite Britain voting to leave the European Union.

ABS, Keppel's KOMtech Collaborate on Joint Development Projects
Tuesday, June 28, 2016 ABS and Singapore's Keppel Offshore & Marine Technology Centre (KOMtech) collaborate on joint development projects in areas such as special purpose rigs, data analytics and subsea technology.

Aban Offshore Bags $87M Contract to Provide Aban Abraham Drillship to ONGC
Tuesday, June 28, 2016 Aban Offshore bags a deal from India's Oil and Natural Gas Corp. Ltd. to provide the Aban Abraham drillship under a two year $87 million contract.

Loss of Qatari Oil Contract Piles Pressure on Maersk Profits
Tuesday, June 28, 2016 Denmark's A.P. Moller-Maersk loses a major oil production contract in Qatar this week, just days after the shipping and oil group said it was considering a break-up due to worsening market conditions, shipping and banking sources say.

Europa Granted 2 Year Extension to PEDL 143
Monday, June 27, 2016 Europa Oil & Gas (Holdings) plc receives 2 year extension to PEDL 143 License in the Weald Basin, Surrey, UK, by the Oil & Gas Authority.

Det Norske Awards Services Contracts to DNV GL
Monday, June 27, 2016 Det norske oljeselskap ASA awards 2 new frame agreements to DNV GL for verification, Inspection and HSEQ services.

POSH Wins Contract from Technip for Prelude FLNG Project in Browse Basin
Monday, June 27, 2016 Singapore's PACC Offshore Services Holdings (POSH) wins a contract from Technip Oceania to support Shell's Prelude floating liquefied natural gas facility in the Browse Basin, off Western Australia.

Statoil to Launch Training Tool for 50th Anniversary
Friday, June 24, 2016 Statoil will launch a historical fact-based research project for its 50th anniversary in 2022, which will form a professional training tool for coming generations.

BP Says to Keep UK Headquarters Despite British EU Exit Vote
Friday, June 24, 2016 Oil major BP says its headquarters will remain in the United Kingdom, despite Britain voting to leave the European Union.

BP Says To Keep UK Headquarters Despite British EU Exit Vote
Friday, June 24, 2016 Oil major BP says its headquarters will remain in the United Kingdom, despite Britain voting to leave the European Union.

Technip Says London Still Natural HQ Of TechnipFMC Despite Brexit Vote
Friday, June 24, 2016 French oil services company Technip says there is no reason for Britain's exit from the EU to impact its merger with FMC Technologies, including plans for London to be the legal HQ of the new group.

SEC Sues 'Frack Master' for Spending Investor Cash on Strippers
Friday, June 24, 2016 Calling himself the "frack master," Texas businessman Chris Faulkner charmed hundreds of investors and major media companies into believing he had extensive experience in energy markets.

How Mobility Can Bring Operational Efficiencies to Oil, Gas Sector
Thursday, June 23, 2016 With crude oil prices currently in a slump, many companies are now looking to IT and emerging technologies such as mobile to help achieve their productivity.

VOG Appoints New CEO
Thursday, June 23, 2016 Victoria Oil & Gas plc appoints a new Group CEO, effective immediately.

Maersk Appoints Soren Skou As New CEO To Replace Nils Smedegaard Andersen
Thursday, June 23, 2016 Danish shipping and oil company A. P. Moller-Maersk appoints Soren Skou as the new chief executive for the group.

CITIC Resources, ITOCHU Sign MOU to Collaborate on E&P Projects
Wednesday, June 22, 2016 CITIC Resources and Japan's ITOCHU Corp. sign a memorandum of understanding to collaborate on upstream oil and gas exploration and production projects.

DNV GL Renews Inspection Services Contract for South Arne
Wednesday, June 22, 2016 DNV GL secures a contract with Hess Denmark ApS to provide asset integrity inspection management of the South Arne field, located in the Danish North Sea.

JDR Secures Services Agreement with Bibby Offshore
Wednesday, June 22, 2016 Subsea power cable and umbilicals supplier JDR signs a framework agreement with Bibby Offshore for cable maintenance activities.

KS Energy and China's ZPMC Amends Contract for a Newbuild Jackup
Wednesday, June 22, 2016 KS Energy and Shanghai Zhenhua Heavy Industry Co. amend the terms of a contract for the construction of a jackup at the Chinese yard.

Tokyo Gas Buys Eagle Ford Shale Stake, Despite Loss from Prior US Purchase
Tuesday, June 21, 2016 Tokyo Gas buys a 25-percent stake in an Eagle Ford shale gas formation.

Ezra Bags $300M Deals for Deepwater Projects in GOM, SE Asia, West Africa
Tuesday, June 21, 2016 Singapore's Ezra Holdings bags around $300 million contracts from international oil majors for deepwater projects in the Gulf of Mexico, Southeast Asia and West Africa.

Shell Sees Strong Potential for Permian Basin Assets
Tuesday, June 21, 2016 Shell outlines its strategy for the Permian Basin, part of its future plans to grow its unconventional oil and gas business.

Shell Expects Continued Benefit from Capital Efficiency Strategy
Tuesday, June 21, 2016 Shell officials discuss strategy on how the company has boosted in capital efficiency for drilling.

McDermott Secures Brunei's Offshore T&I Contract
Tuesday, June 21, 2016 McDermott secured an installation contract from Brunei Shell Petroleum for the Fairley and Ampa Fields offshore Brunei.

IOG Completes Blythe Acquisition
Tuesday, June 21, 2016 Independent Oil and Gas plc completes the acquisition of the other 50% of the license covering Blocks 48/22b and 48/23a in the Southern North Sea, containing the Blythe gas discovery.

Marathon Oil Deal Latest Big Oklahoma Bet by U.S. Drillers
Monday, June 20, 2016 Oil and gas producer Marathon Oil Corp's plans to buy a small Oklahoma producer is the latest signal U.S. shale companies are pouncing on properties in the state's high margin STACK basin as the price of oil rebounds.

Swiber Names Yeo Chee Neng as CEO & President, Succeeds Francis Wong
Monday, June 20, 2016 Swiber Holdings names Yeo Chee Neng as CEO and president, succeeding Francis Wong who will now be the firm's vice chairman.

Wood Group Acquires Part of Enterprise Engineering Services' Business
Friday, June 17, 2016 Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited's Aberdeen-based fabrication and manufacturing business.

Petrobras CEO Vows Corruption Investigation Will Go On
Friday, June 17, 2016 The new chief executive of Brazil's state-run oil company Petrobras, at the center of a huge corruption scandal, says that the investigation would continue relentlessly with the full support of the board.

Petroceltic Board Steps Down Following Survival Scheme Approval
Friday, June 17, 2016 The entire board of Petroceltic will step down after the Irish High Court approves the company's latest survival scheme.

Rosneft, BP Create New JV to Explore Russian Basins
Friday, June 17, 2016 Rosneft and BP sign final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.

Leading through Change: Judy Marks Shares Her Experiences
Friday, June 17, 2016 Dresser-Rand's EVP shares how she has been able to lead through an ever-changing market.


 
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