Results 29 articles shown
Schlumberger Expects International Markets Recovery In Late 2017
Friday, January 20, 2017 Schlumberger NV says that it does not expect a "dramatic" short-term recovery in international markets.
Statoil Says Mistakes, Lack Of Maintenance Led To Troll, Mongstad Accidents
Friday, January 20, 2017 Accidents at Statoil's giant Troll gas field and the Mongstad refinery in October last year were caused by operational mistakes and wrong prioritisation of maintenance.
Baker Hughes: US Drillers Add The Most Oil Rigs Since April 2013
Friday, January 20, 2017 US energy companies this week added the most oil rigs in nearly four years, extending an eight-month recovery.
SOFF Secures Services Contract for Jangkrik Project in Indonesia
Friday, January 20, 2017 Solstad Offshore ASA (SOFF) has entered into a contract with PT. Saipem Indonesia for offshore installation work on the Jangkrik FPU.
Sound Energy Looks to Buy OGIF's Assets in Eastern Morocco
Thursday, January 19, 2017 Sound Energy signs a non-binding heads of agreement for the acquisition of all of Oil & Gas Investment Fund's (OGIF's) assets in Eastern Morocco.
Croatia Steps Up Plans For Buyout Of Oil Group INA
Thursday, January 19, 2017 The Croatian government has stepped up plans to take full control of oil group INA by setting up a special body to prepare a model for the buyout of Hungarian energy company MOL's 49% stake.
Malaysian Drilling Services Firm UMW-OG To Buy Icon Offshore
Thursday, January 19, 2017 Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) says it will buy offshore support vessel provider Icon Offshore Berhad after agreeing to a share sale with its major shareholder.
Norway Report Shows Net Jobs Creating Since 2013
Wednesday, January 18, 2017 Around 50,000 jobs have been lost in Norway's oil industry since 2013 as investments dry up amid a fall in crude prices.
Gazprom Chairman, Moldova President Discuss Gas Cooperation
Wednesday, January 18, 2017 Alexey Miller, chairman of the Gazprom management committee, and Igor Dodon, president of the republic of Moldova, discuss ongoing and future cooperation in the gas industry.
Rosneft Says Sold Saras Stake In Part Because Of Sanctions
Wednesday, January 18, 2017 Rosneft says it sold its stake in Italian refiner Saras in part because sanctions prevented it from taking a controlling stake in the refiner.
Oil, Gas Companies Lay Off More Workers in Texas
Wednesday, January 18, 2017 Transocean and Swift Energy report they will be laying off a total of 136 workers in Texas.
Technip, FMC Technologies Complete Merger
Tuesday, January 17, 2017 Technip and FMC Technologies finalize their merger, say new company can challenge conventions in oilfield project delivery.
Leviathan Partners Look To Sell 14.8 Bcm of Gas to Israel's Edeltech
Tuesday, January 17, 2017 The partners involved in Israel's giant Leviathan natural gas field enter talks to supply 14.8 billion cubic metres of natural gas over 17 years to Edeltech, an Israeli private power provider.
Azerbaijan's SOCAR Sees H2 2016 Net Profit At $298 MM
Tuesday, January 17, 2017 Azeri state oil company SOCAR expects net profit of around 550 million manat ($298 million) for the second half of 2016.
UK Export Agency Signs First Loan Deal In Africa For Ghana Energy Project
Monday, January 16, 2017 Britain's credit export agency, UK Export Finance (UKEF), signs its first direct loan deal in Africa, providing $310 million to GE Oil & Gas to supply equipment for an oil and gas project in Ghana.
ADNOC Shuts Half Capacity At Ruwais Refinery After Fire
Monday, January 16, 2017 Abu Dhabi National Oil Company (ADNOC) has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week.
UK Government Urged to Block Ship-to-Ship Oil Transfers in Moray Firth
Monday, January 16, 2017 Scottish National Party MSP for Caithness, Sutherland and Ross, Gail Ross, has called on the UK government's Maritime and Coastguard Agency to block proposals for ship-to-ship oil transfers in the Moray Firth.
GE to Transform Transocean Rigs for Condition-Based Maintenance
Friday, January 13, 2017 Through a new service agreement, GE will digitally upgrade seven Transocean rigs for conditional-based monitoring and maintenance.
Jesse Norman to Take on Full Energy Brief at UK Energy Department
Friday, January 13, 2017 UK MP Jesse Norman has confirmed through social media site Twitter that he will take on the full energy brief at the UK Department for Business, Energy & Industrial Strategy.
Fugro Nets 5-Year Services Contract with INPEX
Friday, January 13, 2017 Oilfield services company Fugro has been awarded a 5-year contract from INPEX Operations Australia Pty Ltd for subsea services to be executed across the Ichthys facilities in the Timor Sea.
North America's Premier Well Site Automation Summit Returns
Thursday, January 12, 2017 The highly anticipated 3rd Annual Well Site Automation 2017 returns to Houston Jan. 24 and 25.
Tullow's Founder Heavey to Step Down as CEO
Wednesday, January 11, 2017 Tullow Oil plc's chief executive officer and founder, Aidan Heavey, will step down as the company's CEO.
India's Petronet LNG Sees Kochi Terminal At 40% Capacity By 2019
Wednesday, January 11, 2017 India's biggest gas importer Petronet LNG expects its 250 mile pipeline connecting the Kochi LNG terminal in the south to industries further north to be ready in 2 years.
Ghana President Names Former Bankers As Finance, Energy Ministers
Wednesday, January 11, 2017 Ghana's President Nana Akufo-Addo names the co-founder of investment bank Databank as Finance Minister and a former vice-president of the Bank of New York, Boakye Agyarko, as Energy Minister.
Energean Expects To Spend Up To $1.5B On Israeli Offshore Gas Project
Wednesday, January 11, 2017 Energean Oil & Gas plans to build its own production system in the eastern Mediterranean at a cost of up to $1.5 billion to tap 2 Israeli offshore gas fields.
Proserv, SapuraKencana Technology Team-Up for APAC Services
Wednesday, January 11, 2017 Proserv and SapuraKencana Technology Sdn Bhd are joining forces to provide enhanced technology services to clients in Asia Pacific.
Russia's Novak To Attend Vienna Oil Deal Talks This Month
Wednesday, January 11, 2017 Russian Energy Minister Alexander Novak will travel to Vienna later this month to take part in talks aimed at monitoring how well a deal to cut oil output is being implemented.
Rosneft Signs Oil Supply Deal With Firm Linked To Qatar And Glencore
Tuesday, January 10, 2017 Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55 million tons of crude in total over a 5-year period.
Gabon Reshuffles Cabinet, Replaces Oil Minister
Tuesday, January 10, 2017 OPEC-member Gabon has replaced 3 ministers, including the oil minister, the government said in a statement.
|Brent Crude Oil :||$55.49/BBL||2.45%|
|Light Crude Oil :||$52.42/BBL||2.04%|
|Natural Gas :||$3.2/MMBtu||5.04%|
|Updated in last 24 hours|