Results 50 articles shown
Vroon Takes Delivery of 2 PSVs from China's Fujian Southeast Shipyard
Thursday, July 28, 2016 Vroon takes delivery of 2 platform supply vessels built by Fujian Southeast Shipyard in China.
Singapore's Swiber Holdings to Wind Up Company, 3 Senior Executives Resign
Thursday, July 28, 2016 Swiber Holdings files an application to wind up the Singapore-based offshore construction and support services firm as 3 senior executives resigned.
Neptune Marine Services Wins Contract from PTTEP Australasia
Thursday, July 28, 2016 Australia's Neptune Marine Services wins inspection services contract from PTTEP Australasia.
Malaysia's PBJV Clinches $9.4M T&I Contract for SKO Field Off Sarawak
Thursday, July 28, 2016 Barakah Offshore's unit PBJV clinches a $9.4 million transportation and installation contract for the SKO Field in Sarawak off Malaysia.
Lamprell Delays Delivery of Jackup to Mid-August Due to Technical Issue
Wednesday, July 27, 2016 Lamprell delays delivery of a jackup to mid-August due to a technical issue found during commissioning of the newbuild.
Anadarko's Loss Smaller Than Expected as Cost Cuts Help
Wednesday, July 27, 2016 Oil and gas producer Anadarko Petroleum Corp reported a smaller-than-expected quarterly loss as it cut costs to counter a prolonged slump in crude prices.
Statoil Second Quarter Lags Forecasts, Cuts 2016 Capex Outlook
Wednesday, July 27, 2016 Norway's Statoil cuts its 2016 capital spending guidance as it posts earnings well below forecasts.
Mexico's Pemex must take Minimum 45 pct Stake in Deep Water Venture
Wednesday, July 27, 2016 Mexico's oil regulator said state-owned oil company Pemex must take a minimum 45 percent stake in its first-ever proposed joint venture with would-be private partners to develop oil reserves in the Gulf of Mexico's deep waters.
Pemex Says 500 People Evacuated for Gas Leak, no Injuries
Wednesday, July 27, 2016 Mexcan state oil company Pemex said around 500 people had been temporarily evacuated near the city of Salamanca in central Mexico due to a gas leak caused by an illegal pipeline tap, though no injuries were reported.
McDermott, N-KOM Signs MOU to Jointly Pursue EPCI Projects Offshore Qatar
Wednesday, July 27, 2016 McDermott inks a memorandum of understanding (MOU) to jointly pursue offshore engineering, procurement, construction and installation (EPCI) projects offshore Qatar with Nakilat-Keppel Offshore Marine (N-KOM).
Judge Moves to End Sabine Oil's Bitter Bankruptcy
Wednesday, July 27, 2016 A U.S. Bankruptcy judge said she would approve Sabine Oil & Gas Corp's plan of reorganization, which would clear the way for the Texas energy producer to exit Chapter 11 after a year-long battle with its creditors.
Hess Seeks Up to $40M from Schlumberger in Dispute Over Well Valve
Wednesday, July 27, 2016 Hess Corp is pursuing legal action against Schlumberger NV for as much as $40 million, claiming the oilfield service provider supplied a defective valve for a U.S. Gulf of Mexico oilfield that shuttered three wells and crimped p
North Sea Decom: Claxton Secures Statoil Deal
Wednesday, July 27, 2016 Statoil awards Claxton Engineering Services a contract to provide 'rigless recovery' of seven abandoned wells at the Huldra platform in the Norwegian North Sea.
Shell Ideas360: Student Contest Teaches Valuable Career Lessons
Wednesday, July 27, 2016 The recently-completed 2016 edition of Shell's Ideas360 competition featured five student teams around the world who will have learned valuable lessons for their future careers by taking part.
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.
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.
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.
Canadian Oil Spill Started Day Before Crews Arrived
Tuesday, July 26, 2016 An oil spill into a major Canadian river from a Husky Energy pipeline started last Wednesday evening and crews did not arrive on site until the following morning, the company says.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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|Brent Crude Oil :||$43.47/BBL||3.12%|
|Light Crude Oil :||$41.91/BBL||2.35%|
|Natural Gas :||$2.67/MMBtu||1.47%|
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