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News Categories: Company Operations News

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Sources: Eni to Revive Saipem Sale Plans
Friday, July 25, 2014 The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas, sources said.

Farstad Receives $282M Charter Contracts to Supply AHTS, PSVs
Friday, July 25, 2014 Farstad Shipping receives $282 million in charter contracts to supply anchor handling tug supply and platform supply vessels.

Brazil Regulator Approves Petrobras Plan to Upgrade Marlim Field
Friday, July 25, 2014 Brazil's oil regulator ANP approves a plan by Petrobras to renew its development plan for the Marlim offshore oil field, one of the country's largest.

Statoil Cut 1,000 Jobs during 2Q
Friday, July 25, 2014 Statoil reduces its headcount by around 1,000 employees and may cut up to 400 more positions.

Keppel O&M's Second Quarter Net Profit Rises 14% to $216M
Friday, July 25, 2014 Keppel Offshore & Marine's second quarter net profit increases 14 percent from last year to $216 million as revenue rises 13 percent to $1.64 billion.


  



Rosneft Lines Up Anti-Sanctions Measures, Net Income Up
Friday, July 25, 2014 Russia's biggest oil producer Rosneft says it has been seeking ways to cope with the negative impact of international sanctions, as it reported higher net income Helped by a stronger rouble.

Repsol Profit Tops Forecasts On Surprise Refining Strength
Thursday, July 24, 2014 Repsol beats quarterly profit forecasts as a surprise surge in refining margins helps cushion production declines due to shutdowns in Libya.

Noble Energy's Profit Beats As Output From US Fields Rises
Thursday, July 24, 2014 Noble Energy reports better-than-expected profit for 2Q thanks to a rise in production from wells in the Marcellus shale and the Denver-Julesburg basin.

Serbian Oil Company NIS 1H Profits Fall
Thursday, July 24, 2014 Serbia's NIS reports a five-percent fall in first-half profit and will have to cut spending on projects in the second half.

Cosco Nantong Delivers Jackup Kai Xuan Yi Hao to Asian Buyer
Thursday, July 24, 2014 Cosco Nantong delivers newbuild jackup Kai Xuan Yi Hao to its Asian buyer.

BW Offshore Takes 100% Ownership of Petroleo Nautipa FPSO
Thursday, July 24, 2014 BW Offshore pays almost $60 million to take complete ownership of the Petroleo Nautipa FPSO vessel.

Ezion Sells Two Australian Subsidiaries to AusGroup for $44M
Thursday, July 24, 2014 Ezion Holdings inks agreement to sell its two Australian subsidiaries to AusGroup for $44 million.

Nakilat-Keppel O&M Bags $110M Contracts from Gulf Drilling International
Thursday, July 24, 2014 Gulf Drilling International awards $110 million contracts to Nakilat-Keppel Offshore & Marine to build a liftboat and to repair and maintain its fleet of jackups.

Talisman Says Approached By Spain's Repsol About Deal
Wednesday, July 23, 2014 Talisman says it has been approached by Repsol, a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company.

Unipetrol Sees Positive Impact from Acquisition of Rafinerska Stake
Wednesday, July 23, 2014 Czech oil processing firm Unipetrol expects a $20-million positive impact from the pending acquisition of a 32-percent stake in Ceska Rafinerska by ENI.

Kongsberg Bags $53M Contracts from Chinese, South Korean Shipbuilders
Wednesday, July 23, 2014 Kongsberg Maritime bags $53.3 million contracts from Chinese and South Korean shipyards for 13 advanced newbuild offshore vessels.

Semco, PV Shipyard Set Up Vung Tau Rig Services to Serve Southeast Asia
Wednesday, July 23, 2014 Semco Maritime and PetroVietnam Marine Shipyard establish Vung Tau Rig Services to repair, refurbish and upgrade rigs in Southeast Asia.

Max Petroleum Says Reviewing Strategic Options
Tuesday, July 22, 2014 Max Petroleum says it was reviewing strategic options, including a sale.

Technics Wins $14M Gas Compressor, Plant Maintenance Deal in Indonesia
Tuesday, July 22, 2014 Technics Oil and Gas wins a $13.84 million contract for lease and maintenance of gas compressor equipment as well as plant maintenance in Indonesia.

Swissco's Shareholders Approve Firm's Acquistion of Scott and English
Tuesday, July 22, 2014 Swissco's shareholders approve the company's $225 million acquisition of Scott and English Energy at an extraordinary general meeting.

Swire's New PSV Pacific Legacy Named at Japan's Maizuru Shipyard
Monday, July 21, 2014 Swire Pacific Offshore names newbuild platform supply vessel Pacific Legacy at Maizuru Shipyard in Japan.

Semisub Barge POSH Mogami Sank Off Indonesia's Batam Island, 3 Dead
Monday, July 21, 2014 Three people were killed when POSH Mogami sank off Batam, Indonesia when the semisubmersible barge was undergoing submerging trials Friday.

Halliburton Sees N. America Margin Growth On Rise In Drilling
Monday, July 21, 2014 Halliburton says it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.

Sembawang Shipyard Bags $480M Contract from Saipem for 2 FPSO Conversions
Monday, July 21, 2014 Sembawang Shipyard bags a $480 million contract for the conversion of two floating production,storage and offloading vessels for the Kaombo project offshore Angola.

Reliance's Oil, Gas Business Revenue Rises 27.3% in June Quarter
Monday, July 21, 2014 Reliance posts a 27.3% gain in revenue for its oil and gas exploration and production business in the June quarter to $527.54 million.

Perisai Expects Drilling Business to Provide 40% of Revenue in 2014
Friday, July 18, 2014 Perisai Petroleum expects its offshore drilling business to provide 40 percent of its revenue this year as the firm's first jackup Perisai Pacific 101 gets ready to commence a contract with Petronas Carigali soon.

Italy Union Calls General Strike at Eni Refineries for July 29
Friday, July 18, 2014 Italian union plans a one-day strike at all of Eni's refineries in Italy in order to protest against closures.

EOC Orders 2 Accommodation/Maintenance Vessels from China's XSIC for $72M
Friday, July 18, 2014 EOC orders two new accommodation/maintenance vessels from China's Xiamen Shipbuilding Industry Co. for $72 million.

PNG LNG Project Start-up Boost Santos' 2Q Revenue by 22% to $911M
Friday, July 18, 2014 Santos posts a 22 percent rise in second quarter revenue to $911 million, lifted by the start-up of Papua New Guinea liquefied natural gas project in April.

Woodside's Sales Revenue Reaches $1.69B in 2Q 2014, Up 24.8% YOY
Thursday, July 17, 2014 Woodside's sales revenue reaches $1.69 billion in the second quarter of 2014, up 24.8 percent over the previous year.

Unique Maritime Secures Strategic Equity Investment from Blue Water Energy
Thursday, July 17, 2014 Unique Maritime Group secures strategic equity investment from Blue Water Energy in the United Arab Emirates-based company.

Baker Hughes Says New Technology To Lift N. American Results
Thursday, July 17, 2014 Baker Hughes posts better-than-expected profit and expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.

Armour Inks MOU for Future Gas Supply to MMG's Queensland Operations
Thursday, July 17, 2014 Armour Energy enters into a non-binding memorandum of understanding with MMG Century to work towards a gas supply arrangements from its exploration tenements in North West Queensland, Australia.

Sound Oil Appoints New Director
Thursday, July 17, 2014 Junior energy firm Sound Oil appoints Marco Fumagalli of Continental Investment Partners as a non-executive director.

SBI Offshore Completes $30M EPCC Project in Malaysia
Thursday, July 17, 2014 SBI Offshore completes a $30 million engineering, procurement, construction and commissioning project in Malaysia.

Norway's Aker Solutions Earnings, Orders Miss Forecasts
Thursday, July 17, 2014 Norwegian oilfield services firm Aker Solutions posts 2Q earnings and order backlog figures that fall short of expectations.

Sino G&E Appoints Glenn Corrie as CEO, Philip Bainbridge as Chairman
Wednesday, July 16, 2014 Sino Gas & Energy Holdings appoints Glenn Corrie as CEO, while Philip Bainbridge has been named chairman.

KCA Deutag Wins $170M Sonangol Rig Contract
Wednesday, July 16, 2014 KCA Deutag wins a $170-million rig contract with Sonangol for work offshore Angola.

Vard Bags Contract to Design, Build PSV for E.R. Offshore
Wednesday, July 16, 2014 Vard Holdings bags a contract to design and build a platform supply vessel for E.R. Offshore.

Viking Offshore & Marine Secures $32M Charter for Land Rig System
Tuesday, July 15, 2014 Viking Offshore & Marine secures a $32 million charter for a land rig system.

Otto Marine Secures $404M in Charter Contracts for OSVs in 1H 2014
Tuesday, July 15, 2014 Otto Marine secures $404 million of charter contracts for its offshore support vessels in the first half of this year.

Saipem Wins Contracts In Brazil, Angola Worth A Total $600M
Tuesday, July 15, 2014 Italian oilfield services company Saipem wins contracts in Brazil and Angola worth a combined $600 million.

Ezion Receives $269M Contracts to Supply 2 Service Rigs
Tuesday, July 15, 2014 Ezion Holdings receives two contracts, worth $269 million, to supply service rigs for operations in Southeast Asia and North Sea in 2016 and 2015, respectively.

PSS Plans to Recruit 40 Staff in NE Scotland
Tuesday, July 15, 2014 Aberdeen-based Process Safety Solutions plans to boost its staff at its new Wick facility, northeast Scotland, by up to 40 people.