Results47 articles shown
UZMA Secures $46.1M Helicopter Services Contracts from Petronas Carigali
Tuesday, May 26, 2015 Uzma's associate company SAZMA secures $46.1 million contracts to provide helicopter services for Petronas Carigali in East Malaysia.
Rosneft Rings Management Changes
Tuesday, May 26, 2015 Rosneft makes a series of appointments designed to enhance the firm's management structure.
Malaysian Barakah's Subsidiary PBJV Receives LOA from Shell
Tuesday, May 26, 2015 Malaysia's Barakah Offshore receives a letter of award from Shell for pipeline inspection gauges equipment and services.
Sources: Algeria's Sonatrach Appoints New Chief Executive
Monday, May 25, 2015 Algeria's state energy firm Sonatrach picks a new chief executive to replace an interim head appointed less than a year ago and has also replaced more than 20 other managers in a major shake-up, two industry sources say.
Malaysia's Petronas Posts 39% Drop in 1Q Profit on Global Oil Slump
Friday, May 22, 2015 Malaysia's Petronas reports a 39-percent drop in quarterly net profit due to lower oil prices.
KS Energy's Unit to Supply Onshore Drilling Rig to Ocean Pakistan
Friday, May 22, 2015 KS Energy's subsidiary KS Drilling bags a contract to provide an onshore drilling rig to Ocean Pakistan.
Cenergy Acquires Control Zone Solutions to Offer Safety Solutions Globally
Friday, May 22, 2015 Cenergy acquires Louisiana-based Control Zone Solutions and plans to offer safety solutions to clients globally.
BG Group, Prosafe Agree New Program for Safe Bristolia Vessel
Friday, May 22, 2015 BG Group and Prosafe agree a new work program for the use of the Safe Bristolia accommodation support vessel on BG's Everest field.
Roxi to Complete Galaz Contract Area Stake Sale to Xinjiang Zhundong Soon
Thursday, May 21, 2015 Roxi Petroleum expects to close the sale of its stake in the Galaz Contract Area by end of this month.
Thai PTTEP Cuts 2015 Sales Target, Investment Due to Weak Demand
Thursday, May 21, 2015 PTTEP cuts its 2015 petroleum sales growth target to 3 percent from 6 percent, mainly due to weak demand and slower-than-expected economic growth.
Aberdeen-based Jee Wins Enhance Oil Recovery Contract
Thursday, May 21, 2015 Aberdeen-based subsea engineering firm Jee wins a contract from Amec Foster Wheeler to design kit for an enhanced oil recovery field development.
Expro Receives RoSPA President's Award
Thursday, May 21, 2015 Expro wins the President's Award at the Royal Society for the Prevention of Accidents (RoSPA) Occupational Health and Safety Awards 2015.
MacGregor Partners with Aberdeen University for Work Placement Scheme
Wednesday, May 20, 2015 Offshore engineering specialist MacGregor announces partnership with Aberdeen's Robert Gordon University to form a graduate work placement scheme.
88 Energy Appoints New General Manager for Alaskan Operations
Wednesday, May 20, 2015 88 Energy Limited announces the appointment of Erik Opstad as the general manager of the company's Alaskan operations.
Hercules Sells Jackups Coldstacked Since 2009
Wednesday, May 20, 2015 A weak global jackup market prompts Hercules Offshore to sell four jackups coldstacked since 2009.
COSL Drilling Europe Inks Frame Agreement with PSW
Wednesday, May 20, 2015 COSL Drilling Europe inks a frame agreement with PSW Group for subsea and riser maintenance services for its drilling rigs.
CNOOC Appoints Yang Hua as Chairman, Succeeds Wang Yilin
Wednesday, May 20, 2015 CNOOC appoints Yang Hua as chairman of the Chinese company's board of directors, succeeding Wang Yilin.
Reflex Marine Supplies Mexico's First FROG-6 Transfer Device
Tuesday, May 19, 2015 Reflex Marine announces that it has sold the first six person FROG transportation vehicle to operate in Mexican waters.
DNV Unveils New Unmanned FLNG Concept to Trim Cost and Enhance Safety
Tuesday, May 19, 2015 DNV unveils a new unmanned floating liquefied natural gas concept that trims cost and enhances safety at an industry conference in Australia.
Ecopetrol CEO Expects 2015 Profits To Fall By Half
Tuesday, May 19, 2015 Ecopetrol will likely see profits halve this year over last, CEO Juan Carlos Echeverry said, due to a plunge in oil prices.
Afren Announces Non-Executive Director Resignations
Monday, May 18, 2015 Afren reveals Peter Bingham and John St John will resign as non-executive directors.
State Media: China Secures $330M UAE Oil Field Deal
Monday, May 18, 2015 A subsidiary of China's largest energy company China National Petroleum Corporation signs a $330 million deal on Sunday to build infrastructure for an onshore petroleum company in the United Arab Emirates, according to state news agency Xinhua.
BHP Puts Australian LNG Project With Exxon on Back Burner
Monday, May 18, 2015 BHP Billiton is putting its Scarborough liquefied natural gas project with ExxonMobil in Australia on the back burner amid lower prices and increasing competition from the US.
Asian Lift Names Newbuild Sheerlegs Asian Hercules III at Nantong Yard
Monday, May 18, 2015 Asian Lift names its newbuild sheerlegs Asian Hercules III at Keppel Offshore & Marine's yard in Nantong, China.
Tokyo Gas Targets More US Shale Gas Investments
Monday, May 18, 2015 Japan's Tokyo Gas is looking to invest in more US shale gas production, according to a company executive.
Nostra Terra Buys Minority Interest in Texas San Miguel Prospect
Monday, May 18, 2015 Nostra Terra announces the acquisition of a 1% interest in South Texas' 35,000 acre San Miguel Prospect.
Deepsea Metro I Secures $40M Job from Vietgazprom to Drill Offshore Vietnam
Monday, May 18, 2015 Vietgazprom signs $40 million contract for Deepsea Metro I drillship to operate in Blocks 130 and 131 offshore Vietnam.
Baker Hughes: US Eagle Ford Basin Gains One Oil Rig This Week
Friday, May 15, 2015 US oil drillers added a rig in the Eagle Ford basin for the first time since March, after weeks of idling rigs on slumping crude prices, industry data shows.
RCP Signs Supply Contract with Awilco Drilling
Friday, May 15, 2015 RCP signs six figure contract to supply control systems to WilPhoenix semisub rig.
Dayang Ups Stake in Perdana, Aims to be a Leading Offshore Services Player
Friday, May 15, 2015 Malaysia's Dayang Enterprise raises stake in Perdana Petroleum to 35.51 percent, with a view of taking full ownership of the company and becoming a leading regional offshore oil and gas services player.
Loyz Terminates Rig Lease Agreement with Fram Exploration for $13.8M
Friday, May 15, 2015 Loyz Energy terminates rig lease agreement with Fram Exploration for $13.8 million.
Drydocks Bags Turret Fabrication Deal from Orwell Offshore for FPSO Layang
Friday, May 15, 2015 Drydocks World bags contract from Orwell Offshore to fabricate an external turret for FPSO Layang for deployment to the Layang field in Block SK310 off East Malaysia.
Apache Appoints Daniel Rabun to Board of Directors
Thursday, May 14, 2015 Apache announces the appointment of Daniel W. Rabun to its board of directors.
BP Appoints Paula Reynolds and John Sawers as Non-Executive Directors
Thursday, May 14, 2015 BP announces decision to appoint Paula Rosput Reynolds and John Sawers as Non-Executive directors with immediate effect
marcus evans to Bring Facility Management, Process Safety Pros Together
Thursday, May 14, 2015 Facility Management & Process Safety professionals will join together to share strategies to achieve facility safety and sustainability.
Pemex E&P Head Hernandez Temporarily Reassigned After Accidents
Thursday, May 14, 2015 Pemex’ exploration and production director will be temporarily reassigned a week after a fatal oil platform collapse in the Gulf of Mexico.
Vedanta Resources Takes $4.5B Writedown as Oil Drags
Thursday, May 14, 2015 Vedanta Resources posts a full-year loss after a sharp drop in crude prices caused a $4.5-billion write down related to the firm's Indian oil and gas business.
APPEA Names Malcolm Roberts as Chief Executive
Wednesday, May 13, 2015 The Australian Petroleum Production & Exploration Association names Malcolm Roberts as chief executive to succeed David Byers.
Spain's Cepsa Wins Family-Friendly Award
Wednesday, May 13, 2015 Oil firm Cepsa is awarded "family-friendly" status by the Spanish Association for Standardization and Certification thanks to a range of employee-focused policies.
Rig Firm Prosafe Sees Pickup in Activity as Oil Prices Rise
Wednesday, May 13, 2015 Offshore accommodation provider Prosafe posts first-quarter operating earnings above expectations as activity picks up.
Massy Wood Group Secures 5-Year Service Contract with BP
Wednesday, May 13, 2015 Massy Wood Group signs five-year service contract to support BP operations in Trinidad & Tobago
Maersk Beats Forecasts, Loses Shipping Market Share
Wednesday, May 13, 2015 Maersk Line lost market share in container shipping in the first quarter, disappointing analysts who said AP Moller-Maersk's forecast-beating results had been helped by one-offs.
Panoro Energy Appoints John Hamilton as CEO
Wednesday, May 13, 2015 John Hamilton has been appointed as the new Chief Executive Officer of Panoro Energy.
Pertamina Says to Halt Operations at Oil Trading Arm Petral
Wednesday, May 13, 2015 Indonesian state-owned energy firm Pertamina will disband its oil trading arm, Petral, its chief executive says, in keeping with government efforts to clean up the country's graft-tainted oil sector.
FMC Technologies Appoints Douglas Pferdehirt as President
Wednesday, May 13, 2015 FMC Technologies appoints Douglas J. Pferdehirt as president of the company.
EMAS AMC Uses iSURVEY Singapore for Thai Pipeline Installation
Wednesday, May 13, 2015 EMAS AMC contracts iSURVEY Singapore to conduct positioning and survey services to support Chevron’s pipeline installation campaign in the Gulf of Thailand.
Trican Well Service Cuts 2,000 North American Jobs
Wednesday, May 13, 2015 Calgary-based Trican Well Service cuts North American workforce by 2,000.
|Brent Crude Oil :||$65.37/BBL||1.75%|
|Light Crude Oil :||$59.72/BBL||1.64%|
|Natural Gas :||$2.89/MMBtu||2.03%|
|Updated in last 24 hours|