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Samsung Heavy Industries Clinches $4.7B Contract to Build 3 FLNGs for Shell
Friday, July 03, 2015 South Korea's Samsung Heavy Industries clinches a $4.7 billion contract to construct three floating liquefied natural gas facilities for Shell.

Australia's Drillsearch Looking Globally for New CEO to Succeed Brad Lingo
Friday, July 03, 2015 Australia's Drillsearch Energy is looking globally for a new CEO after Brad Lingo's departure.

Cosco Agrees to Defer Delivery of a Semisub Floatel to Axis Offshore
Friday, July 03, 2015 China's Cosco Qidong agrees to defer delivery of a semisubmersible floatel to Axis Offshore to 2016, a year later than planned.

Minister: Indonesia Expects Total to Make Decision on Mahakam within Days
Friday, July 03, 2015 Total will decide over the next few days how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block, according to the country's energy minister.

Bumi Armada Allocates More Funds from Rights Issue to FPSO, FGS Units
Thursday, July 02, 2015 Malaysia's Bumi Armada allocates more funds raised from a rights issue on its floating production, storage and offloading as well as floating gas solutions business units.


  


Indonesia's Pertamina May Acquire 60% of Engineering Firm Rekind
Thursday, July 02, 2015 Indonesian state energy firm Pertamina is considering acquiring a 60 percent stake in engineering contractor Rekayasa Industri (Rekind), among efforts to improve its engineering resources.

Opus Offshore Takes Delivery of Opus Tiger 1 Drillship in China
Thursday, July 02, 2015 Opus Offshore takes delivery of Opus Tiger 1 drillship from Shanghai Shipyard in China.

UK's Hunting Warns of Profit Slump as Rig Counts Fall Further
Thursday, July 02, 2015 Oilfield services firm Hunting warns operating profit may slide by up to 75 percent this year as weak oil prices lead to ongoing cuts in drilling.

FourPoint Acquires Chesapeake's Western Anadarko Assets
Thursday, July 02, 2015 Chesapeake Energy sells western Anadarko assets to FourPoint Energy for $840 million.

Gulf Marine Services Expands Fleet
Thursday, July 02, 2015 Although offshore support solutions for the oil, gas and renewable energy industries might be seen as a very niche business, one company in the UAE has made this space all its own.

Baker Hughes: US Oil Rig Count Rises For First Time Since December
Thursday, July 02, 2015 US oil drilling this week increases for the first time after 29 weeks of declines, data show.

DSME Delivers Songa Equinox Semisub, Newbuild to Work for Statoil in 4Q15
Wednesday, July 01, 2015 Songa Offshore takes delivery of newbuild Songa Equinox from Daewoo Shipbuilding & Marine Engineering in South Korea and the semisub will soon head for Norway to work for Statoil at the Troll field.

Sembcorp Marine Reorganizes Business to be a Globally Integrated Firm
Wednesday, July 01, 2015 Sembcorp Marine reorganizes its business to be a globally integrated company, focusing on four key capabilities.

AOD Exercises Option to Build 2 R-550D Jackups at China's CSSC HPWC Yard
Wednesday, July 01, 2015 Alliance Offshore Drilling exercises option to build two R-550D jackups at China's CSSC Huangpu Wenchong Shipyard in Guangzhou, China.

Petrobras History of Failed Plans Raises Doubt over New Promises
Wednesday, July 01, 2015 Brazil's state-run oil company Petroleo Brasileiro's history of failed spending and output plans may be the biggest obstacle to its efforts to convince investors it will reduce its debt.

AGR Energy Takes Controlling Stake in Tethys Petroleum
Wednesday, July 01, 2015 Central Asia-focused Tethys Petroleum raises a much-needed $48 million via a share placing with Kazakhstan's AGR Energy.

ENOC Presses Ahead with Dragon Oil Takeover amid Shareholder Protest
Wednesday, July 01, 2015 Emirates National Oil Company progresses with its purchase of Dragon Oil shares it does not already own, despite a major investors saying the takeover undervalues the company.

Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project
Wednesday, July 01, 2015 Golar LNG and Perenco reach agreement on the commercial terms of the floating liquefaction natural gas export project in Cameroon.

Statoil to Suspend Saipem Rig Contract
Wednesday, July 01, 2015 Norway's Statoil will suspend a rig contract with Italy's Saipem due to overcapacity in its rig portfolio.

Technip Sees HSE Success with Pulse Program
Wednesday, July 01, 2015 Technip places health and safety of its employees as a core value with development of its Pulse program.

Liannex Offers $60.4M for Malaysian FPSO Firm Yinson's Non-Oil, Gas Units
Tuesday, June 30, 2015 Liannex Labuan offers to acquire the non-oil and gas business of Malaysia's floating production, storage and offloading firm Yinson Holdings for $60.4 million.

Technip Wins Topsides Contract with Jurong Shipyard
Tuesday, June 30, 2015 France's Technip is awarded a topsides engineering and procurement services contract by Singapore's Jurong Shipyard.

SeaZip Wins Partnership Deal with Heerema Marine Contractors
Tuesday, June 30, 2015 Dutch maritime logistics firm wins a partnership agreement with offshore oil and gas construction firm Heerema Marine Contractors.

Otto Marine Lands $131M in New Orders in 2Q 2015, Lifted by Chartering Unit
Tuesday, June 30, 2015 Otto Marine secures $131 million contract in new orders in the second quarter, thanks largely to its chartering business.

Swire Oilfield Services Secures 5 Year Contract with Weatherford in Brazil
Monday, June 29, 2015 Swire Oilfied Services secures a five year contract with Weatherford in Brazil.

Polish Minister to Meet Builder Saipem on Delayed LNG Terminal
Monday, June 29, 2015 Polish treasury minister Andrzej Czerwinski will meet Italian construction firm Saipem next week to ensure a liquefied natural gas terminal opens in 2015 after numerous delays.

COSL Takes Delivery of Newbuild AHTS from Cosco Guangdong
Monday, June 29, 2015 Cosco Guangdong delivers a newbuild anchor handling tug supply vessel to COSL.

Kea Agrees to Dispose Assets
Friday, June 26, 2015 Kea Petroleum has conditionally agreed to sell its 70% interest in PEP51153, which could lead to the firm being classified as an investing company under AIM rules.

How to Beat Workplace Shyness, Advice from Mary, an IT Manager at Shell
Friday, June 26, 2015 Mary Jarrett became "successfully shy" with the support of her colleagues. Discover how overcoming her struggle with shyness has set her on track to fulfilling her career potential.

Russia's Gazprom Does Not Rule out Participation in Iran LNG Projects
Friday, June 26, 2015 Gazprom may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, according to Gazprom's deputy Chief Executive Officer Alexander Medvedev.

Rosneft First-Quarter Profit Falls 35% After Oil Prices Drop
Friday, June 26, 2015 Russia's largest oil producer, said first-quarter profit fell 35%, hurt by last year's decline in crude prices.

Thailand's PTT Names Subsidiary Head Tevin as New CEO
Friday, June 26, 2015 PTT has appointed Tevin Vongvanich, head of subsidiary PTTEP, to become the chief executive officer of Thailand's biggest energy firm, PTT's chairman says.

Tanjung Offshore Mulls Brownfield Development Ventures in Malaysia, SE Asia
Friday, June 26, 2015 Tanjung Offshore considers venturing into brownfield development in Malaysia and Southeast Asia.

Otto Energy Appoints Matthew Allen as Managing Director, Continues as CEO
Thursday, June 25, 2015 Otto Energy appoints Matthew Allen as managing director, while continuing as CEO.

CIMC Raffles Completes Mating Ops for Frigstad's UDW Semisub at Yantai
Thursday, June 25, 2015 CIMC Raffles completes mating operations for an ultra deepwater semisubmersible ordered by Frigstad at its yard in Yantai, China.

EnQuest Appoints New Non-Executive Director
Thursday, June 25, 2015 EnQuest announces the appointment of Phil Holland as a Non-Executive Director, effective August 1, 2015.

MMA Offshore Secures $77.2M Contract from Chevron Australia
Thursday, June 25, 2015 MMA Offshore secures a $77.2 million contract to provide supply base facilities and services to Chevron in north west Australia.

Lukoil Launches New Oil Refining Installation
Thursday, June 25, 2015 Lukoil puts its new ELOU AVT-1 oil refining installation into operation in Volgograd, Russia.

Australia's Wesfarmers Acquires 13.7% Stake in Quadrant Energy for $100M
Thursday, June 25, 2015 Australia's Wesfarmers takes a 13.7 percent stake in Quadrant Energy, which acquired Apache's petroleum assets in Western Australia for $2.1 billion earlier this year.

In Bet On Oil Prices, WPX Plans To Add Bakken Rigs
Thursday, June 25, 2015 WPX Energy, a small oil producer in the No. 2 US crude state, says it will add two rigs this year.

Hyundai Bags $720M Deal to Build Facilities for O&G Projects in East Timor
Wednesday, June 24, 2015 Hyundai Engineering & Construction bags a $720 million contract to construct a seawall and other facilities to support offshore oil and gas development in East Timor.

Lundin's Hans Christen Ronnevik Retires
Wednesday, June 24, 2015 Lundin Petroleum announces that Lundin Norway AS Exploration Manager Hans Christen Ronnevik has retired from his executive duties.

Chevron Selling 40% Stakes in Two More Nigerian Oil Blocks
Wednesday, June 24, 2015 Chevron says it was selling its 40% stakes in two more Nigerian shallow water offshore oil blocks, Oil Mining Leases (OML) 86 and 88 in the Niger Delta area.

Russia's Lukoil Says Saudi Aramco Wants to Raise Stake in Luksar
Wednesday, June 24, 2015 Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50%, according to the chief executive of the Russian company.

Thai PTT in Deal with Ratchaburi to Expand into SE Asia Energy
Wednesday, June 24, 2015 PTT, Thailand's largest energy firm, says it had signed a contract with Ratchaburi Electricity Generating to study the possibility of investing in a liquefied natural gas receiving terminal in Myanmar.

Seatronics Appoints New Global Operations Vice President
Tuesday, June 23, 2015 Seatronics has promoted Derek Donaldson from Vice President Asia Pacific to Vice President Global Operations.

Qatar Petroleum Eyes Foreign Expansion After Restructuring
Tuesday, June 23, 2015 Qatar Petroleum plans to expand overseas after a restructuring that included the takeover of its foreign investment arm and the firing of some foreign workers.

Qatar Petroleum Says Has Laid Off Staff, To Exit Non-Core Areas
Tuesday, June 23, 2015 Qatar Petroleum has completed a restructuring which involved laying off some foreign staff, although no Qatari employees were let go, CEO Saad Sherida al-Kaabi says.

Center for Offshore Safety Recognized for SEMS Audits
Tuesday, June 23, 2015 BSEE recognizes the Houston-based Center for Offshore Safety as the first and currently only official accreditation body for audit service providers.

Micyln Express Offshore Appoints Venkatraman Sheshashayee as CEO
Tuesday, June 23, 2015 Miclyn Express Offshore appoints Venkatraman Sheshashayee as CEO of the Singapore-based service vessels provider.

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