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Exxon's South Pacific Gas Grab Derided By InterOil's Founder
Tuesday, July 26, 2016 InterOil's founder and third-largest investor says ExxonMobil's $3.6 billion offer for the South Pacific natural gas driller is "vastly inadequate" and he urged ExxonMobil to sweeten the offer.

Project GRAD Lets Students Experience Work in the Energy Sector
Tuesday, July 26, 2016 Houston-area high school students learn about career opportunities in the energy industry during through mock demonstrations and hands-on training.

China Oil Giant's Income Rises as Costs Cut Amid Shift to Gas
Tuesday, July 26, 2016 China National Petroleum Corp. says first-half profit rose 11 percent and that spending cuts at the country's largest field helped boost earnings.

British Oil Major BP Pursues New Projects Despite Profit Miss
Tuesday, July 26, 2016 BP will forge ahead with at least three more new projects this year, its CEO says, despite reporting a 45 percent drop in second-quarter earnings that prompted a cut in its 2016 investment budget to below $17 billion.

Examining the Rewards and Challenges of Modern Oil and Gas Jobs
Tuesday, July 26, 2016 Three workers share their unique insights on modern oil and gas jobs.


  


Malaysia's SapuraKencana Secures $113M Contract for a Mexican Assignment
Tuesday, July 26, 2016 Malaysia's SapuraKencana Petroleum secures a $113 million contract from Mexico's Pemex Exploracion y Produccion.

Police Probe into JKX Subsidiary Continues
Monday, July 25, 2016 JKX Oil & Gas says that a local police investigation into its Ukrainian subsidiary is continuing.

Keppel Sees Prolonged Dearth Of Oil-Rig Orders Amid Glut
Friday, July 22, 2016 Keppel Corp., the world's largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus that's caused quarterly profit to fall to the lowest in almost a decade.

NauticAWT, ENRA Sets Up JV to Tap Business Opportunities in Malaysia
Friday, July 22, 2016 NautiAWT forms a joint venture, ENRA NauticAWT, with ENRA Oil and Gas Services to tap business opportunities in Malaysia.

Kremlin: There is 'Understanding' Rosneft Should Not Buy Stake in Bashneft
Friday, July 22, 2016 Kremlin says that there is an 'understanding' in the Russian government that state-owned oil firm Rosneft should not take part in the privatisation of rival Bashneft.

Leading Procedural Compliance with a Checklist Culture
Friday, July 22, 2016 As the oilfield nears the "Great Crew Change," it is clear that industry leaders will have to make smart and strategic choices going forward.

Husky Energy Posts Loss as Production Falls
Friday, July 22, 2016 Canada's Husky Energy reports a second-quarter loss as production falls due to planned maintenance and the Fort McMurray wildfire in Alberta.

Precision Drilling Posts Bigger Loss, Hurt by Weak Activity
Thursday, July 21, 2016 Canadian rig contractor Precision Drilling Corporation posts a larger quarterly loss amid the lowest drilling activity in decades.

Canada's Encana Posts Smaller Loss, Raises 2016 Capital Spend Plan
Thursday, July 21, 2016 Canadian oil and gas producer Encana Corporation reports a smaller quarterly loss thanks to its ongoing cost-cutting drive.

China's CNEML Completes $220M Acquisition of a 51% Stake in Sino Gas Energy
Thursday, July 21, 2016 China New Energy Mining Ltd. completes the $220 million acquisition of a 51 percent stake in Sino Gas Energy, which is the operator of Linxing and Sanjiaobei Production Sharing Contracts in China's Ordos Basin.

Technip to Supply Engineering for Monkey Island LNG Terminal
Thursday, July 21, 2016 Technip to supply FEED services to the new LNG export terminal that is to be located on Monkey Island, Louisiana.

Keppel Singmarine Bags $74M Contracts from Jan De Nul to Build 3 Dredgers
Thursday, July 21, 2016 Keppel Singmarine bags $73.6 million contracts to build up to three dredgers for Jan De Nul Group.

Oil CEOs Still Paid for Growth Despite Crude Glut, Moody's Says
Thursday, July 21, 2016 US crude supplies remain at the highest seasonal level in at least a decade, but drillers are still rewarding their top brass when they add to the glut.

Total Seen Unlikely to Fight Exxon Mobil Over South Pacific Gas
Wednesday, July 20, 2016 Total SA is unlikely to challenge ExxonMobil in a bidding war for explorer InterOil Corp, the French firm's partner in a gas field in Papua New Guinea, analysts said on Wednesday.

Monadelphous Lands Contract from JKC Australia LNG for Ichthys Project
Wednesday, July 20, 2016 Monadelphous secured a new contract from JKC Australia LNG for the Ichthys Project onshore liquefied natural gas facilities in Darwin, Northern Territory, Australia.

South Korea's HHI Union Launches Partial Strike After Wage Talks Broke Down
Wednesday, July 20, 2016 Hyundai Heavy Industries union members launch a partial strike after wage negotiations broke down with the South Korean shipyard.

Saudi Aramco Boss Says Drilling, IPO Unaffected by Oil Price
Wednesday, July 20, 2016 Saudi Arabia's oil and natural gas production is unaffected by crude prices at current levels, the state-run producer's CEO says, signaling that the world's biggest oil exporter will maintain its battle for market share.

Mexico's Pemex Agrees to 3.17% Pay Increase for Oil Workers' Union
Wednesday, July 20, 2016 Pemex signs a one-year agreement with the country's oil workers union that boosts pay by 3.17 percent, the firm says.

Australia's Santos Commences Search for New CFO to Succeed Andrew Seaton
Wednesday, July 20, 2016 Australia's Santos is searching for a new chief financial officer to succeed Andrew Seaton ahead of the latter's retirement at the end of this year.

Total Seen Unlikely to Fight ExxonMobil over South Pacific Gas
Wednesday, July 20, 2016 French oil and gas producer Total is unlikely to take on ExxonMobil in a bidder war for explorer InterOil Corp, analysts say.

C&J Energy Files for Bankruptcy to Cut $1.4B in Debt
Wednesday, July 20, 2016 C&J Energy Services files for US Chapter 11 bankruptcy protection with an agreement with its lenders to swap $1.4 billion in debt for ownership of the reorganized company.

Aberdeen Drilling Consultants Wins Business from BP
Tuesday, July 19, 2016 Aberdeen Drilling Consultants is awarded a contract by BP to provide the oil supermajor with engineering services around the world.

Bangladesh Signs Deals with Excelerate Energy to Build Country's First FSRU
Tuesday, July 19, 2016 Bangladesh signs deals with Excelerate Energy to build the country's first floating storage regasification unit (FSRU).

Unique Acquires Singapore-based Oceanvision to Expand Business
Tuesday, July 19, 2016 Unique Group acquires Singapore-based Oceanvision as part of its business growth strategy.

Sembcorp Marine Delivers World's Largest Jackup Noble Lloyd Noble
Monday, July 18, 2016 Sembcorp Marine delivers the world's largest jackup Noble Lloyd Noble to Noble Corp., with the newbuild to be deployed to Statoil's Mariner field in the North Sea.

EnQuest in Talks to Sell 20% Stake in Kraken Oilfield to Israel's Delek
Monday, July 18, 2016 EnQuest is in talks to sell a 20-percent stake in the North Sea's Kraken oilfield to Israeli conglomerate Delek Group, according to the companies.

Brazil Has No Plans to Privatize Petrobras, CEO Says
Monday, July 18, 2016 The Brazilian government has no plans to privatize state-run oil company Petroleo Brasileiro, and is deciding whether to sell its controlling shares, according to the firm's CEO.

HHI Delivers Ocean Greatwhite Semisub to Diamond Offshore
Monday, July 18, 2016 South Korea's Hyundai Heavy Industries (HHI) delivers seimsub to Ocean Greatwhite to Diamond Offshore.

Ezion, PIO Form JV to Suport Development, Production Work by NOC
Friday, July 15, 2016 Singapore's Ezion Holdings and Pacific International Offshore form a joint venture to provide assets to support development and production work by a national oil company.

Queensland Court Judges in Favor of Armour in Farm-out Deal with AEGP
Friday, July 15, 2016 The Supreme Court of Queensland delivers judgement in favor of Armour Energy over the farm-out agreement for the Northern Territory tenements in Australia to AEGP.

Thailand's Mermaid Maritime Subsea Services Clinches $5.8M Contract
Thursday, July 14, 2016 Thailand's Mermaid Maritime Subsea Services clinches a $5.8 million technical support services contract.

Oil Firm Det Norske Looking for More Deals in 'Very Interesting' Market
Thursday, July 14, 2016 Norway's Det norske sees scope for further transactions after its planned merger with BP's Norwegian business.

Keppel AmFELS Delivers Newbuild Uxpanapa to Mexico's Central Panuco
Thursday, July 14, 2016 Keppel AmFELS delivers newbuild Uxpanapa to Mexico's Central Panuco and the jackup has been chartered for work offshore Mexico by national oil company Pemex.

Woodside Taps into Big Oil Find off Senegal for Growth
Thursday, July 14, 2016 Australia's Woodside Petroleum expands its push into West Africa, agreeing to buy ConocoPhillips' deepwater stakes off Senegal.

Sembcorp Marine Taps GE Technology for World's Largest Semisub Crane Vessel
Thursday, July 14, 2016 GE to provide Sembcorp Marine with the electric part of the power and propulsion system for the world's largest semisubmersible crane vessel being built for Heerema.

Wood Group Secures Apache North Sea Services Contract Extension
Wednesday, July 13, 2016 Wood Group secures an extension to its master service agreement contract with Apache Corporation in the North Sea.

India's ONGC May Relax Eligibility Criteria for Hiring Rigs
Wednesday, July 13, 2016 India's Oil and Natural Gas Corp. (ONGC) may relax the eligibility criteria for hiring drilling rigs, according to a local media.

Dril-Quip Bags $40M Subsea Deal for Indonesia's Offshore TSB Gas Project
Wednesday, July 13, 2016 Dril-Quip bags a $40 million contract to supply subsea equipment and services to Kangean Energy Indonesia for the Terang/Sirsaun/Batur (TSB) gas fields project offshore Indonesia.


 
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