Results45 articles shown
Circle Oil Appoints New CEO
Friday, May 29, 2015 Circle Oil announces the appointment of Mitchell Robert Flegg as the new Chief Executive Officer of the company.
Cosco Guangdong Agrees to Defer Delivery of 2 PSVs to U.S. Firm to Mid-2016
Friday, May 29, 2015 China's Cosco Guangdong Shipyard agrees to defer delivery of two platform supply vessels to a U.S. firm to mid-2016.
Polarcus Signs Seismic Services Deal with NAMCOR
Friday, May 29, 2015 Polarcus signs a deal to collaborate on seismic data acquisition and geoscience analysis with the National Petroleum Corporation of Namibia.
Ithaca Energy Shares Slide after Disclosing North Sea Dispute
Thursday, May 28, 2015 UK North Sea-focused Ithaca Energy says it has received a legal claim regarding its Greater Stella Area oilfield in the North Sea.
Synergy Resources Corporation Appoints Lynn Peterson as President
Thursday, May 28, 2015 Synergy Resources Corporation announces that Mr Lynn Peterson has joined the executive team as President.
Drone Inspection Firm Sky Futures Wins New Investment
Thursday, May 28, 2015 Oil and gas inspection firm Sky Futures wins an investment of up to $1 million for its drone-based inspection technology from San Francisco investor Airware.
DNV Appoints New CEO, Who Warns of Tough Times
Thursday, May 28, 2015 Remi Eriksen, the newly-appointed CEO of offshore safety assessment business DNV, says the firm sees challenging market developments.
Galp, Petrobras Return Caramba Oil Prospect
Thursday, May 28, 2015 Galp Energia and Petrobras return the Caramba oil block to Brazil's ANP regulator after finding it is not commercially viable.
BMT Clinches Contract for Africa's First LNG Import Terminal in Ghana
Thursday, May 28, 2015 BMT clinches contract from Endeavor Energy for Africa's first liquefied natural gas import terminal in Ghana.
Tidewater Maintains Weak OSV Outlook, but Positioned for Opportunities
Thursday, May 28, 2015 Despite lower revenues and utilization, Tidewater is well-positioned to take advantage of acquisition and investment opportunities in the global OSV market, company officials say.
Transocean Appoints Mey as New CFO
Wednesday, May 27, 2015 Esa Ikaheimonen is stepping down as Transocean's executive vice president and chief financial officer effective immediately.
Indonesia's Pertamina to Halt Oil Contracts with Petral in June
Wednesday, May 27, 2015 Indonesia's Pertamina will halt all contracts with its oil trading arm, Petral, next month.
HHI Delivers Ocean BlackLion Drillship to Diamond Offshore
Wednesday, May 27, 2015 Hyundai Heavy Industries delivers Ocean BlackLion drillship to Ocean Offshore.
MEO Informs Shareholders to Reject Mosman Oil and Gas' Takeover Bid
Wednesday, May 27, 2015 MEO Australia informs shareholders to reject Mosman Oil and Gas's offer to acquire the Australian-based firm.
Seismic Firm TGS Appoints New CFO
Wednesday, May 27, 2015 Seismic survey firm TGS appoints Sven Børre Larsen as its new chief financial officer.
Vanguard Steps Up M&A
Tuesday, May 26, 2015 Vanguard Natural Resources looks for growth opportunities through acquisition of rivals in neighboring acreage.
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.
McDermott Awarded Jacket Project by Saudi Aramco
Tuesday, May 26, 2015 McDermott International secures contract for the engineering, procurement, construction and installation of 12 jackets for offshore oil and gas fields in Saudi Arabian waters.
Four Cenovus Energy Executives to Retire in 2015
Tuesday, May 26, 2015 Cenovus Energy announces that four of its executives are scheduled to retire this year.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
|Brent Crude Oil :||$62.58/BBL||0.83%|
|Light Crude Oil :||$57.68/BBL||0.05%|
|Natural Gas :||$2.71/MMBtu||3.90%|
|Updated in last 24 hours|