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News Categories: Company Operations News

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Cosco Shipyard's Units Land $230M Contracts to Build FAU, Module Carrier
Wednesday, September 24, 2014 Cosco Shipyard's subsidiaries land contracts, worth $230 million, to build a floating accommodation unit and a module carrier.

Jacobs Opens Office in Al Khobar to Boost Support for Saudi Aramco, Others
Wednesday, September 24, 2014 Jacobs Engineering opens new office in Al Khobar, Saudi Arabia to strengthen its support for Saudi Aramco and other key local clients and partners.

SMOE Bags $190M Contract from Bechtel to Fabricate LNG Process Modules
Wednesday, September 24, 2014 Sembcorp Marine's subsidiary SMOE bags a $190 million contract from Bechtel to fabricate liquefied natural gas processing modules for a project in Western Australia.

Total Sells Stake In US Shale Gas Transport Firm For Up To $450M
Tuesday, September 23, 2014 Total has agreed to sell its 25% stake in Cardinal Gas Services, a gas transport company operating in Ohio's Utica shale gas basin, to a group of Korean companies.

Vallianz's Subsidiary to Acquire Shipyard in Batam, Indonesia for $15.6M
Tuesday, September 23, 2014 Vallianz Holdings' unit Vallianz Shipbuilding & Engineering signs agreement to acquire a shipyard in Batam, Indonesia for $15.6 million.


  



Well-Centric Oilfield Services Appoints Chris Mawtus CEO
Tuesday, September 23, 2014 Well-Centric Oilfield Services appoints Chris Mawtus as CEO, with the firm to double its workforce to 70 employees to achieve growth targets.

Siemens To Buy Dresser-Rand To Tap US Shale Gas Boom
Monday, September 22, 2014 Siemens agrees to buy US oilfield equipment maker Dresser-Rand Group for $7.6 billion in a move that would significantly boost its oil and gas business in North America.

Fairmount Successfully Tows FPSO Petrojarl Knarr to Norway from South Korea
Monday, September 22, 2014 Fairmount Marine successfully tows newbuild FPSO Petrojarl Knarr to the Norwegian port of Haugesund from Samsung Heavy Industries' Geoje Shipyard in South Korea.

Risco Energy to Acquire Galoc Oil Field Operator GPC for $101.4M
Monday, September 22, 2014 Risco Energy inks $101.4 million deal to acquire Galoc Production Company, which has a 33 percent operating interest in Galoc oil field in Service Contract 14C offshore the Palawan in the Philippines.

Newbuild Bhagwan Dryden DSV to Commence 5 Year Deal in Australia Soon
Friday, September 19, 2014 Neptune Marine Services reports that newbuild Bhagwan Dryden dive support vessel will commence a five year contract in Australia next month.

Wild Well Control Locates New Subsea Capping Stack to Singapore
Friday, September 19, 2014 Wild Well Control locates new subsea capping stack to Singapore to respond to global deepwater well control incident.

Marine Contracting Bags Bridge Contract for Cantarell Field in GOM
Thursday, September 18, 2014 Singapore-based Marine Contracting bags an engineering, procurement, construction and installation contract for the Cantarell field in the Gulf of Mexico.

Range Resources To Pay $4M Drilling Waste Fine
Thursday, September 18, 2014 Range Resources has agrees to pay a $4.15 million fine for problems at a western Pennsylvania site that handled natural gas drilling waste.

Mermaid Secures Saturation Diving Services Contracts in the Middle East
Thursday, September 18, 2014 Mermaid Maritime secures two saturation diving services contracts, valued up to $45 million, for work in the Middle East.

GE Oil & Gas Wins Subsea Manifold Deal with Petrobras
Thursday, September 18, 2014 GE Oil & Gas wins a $300 million-plus contract with Petrobras to supply subsea manifold systems for pre-salt fields located offshore Brazil.

Chevron Vows To Use 'Lessons Learned' After Angola LNG Missteps
Thursday, September 18, 2014 Chevron CEO John Watson vows that the company will learn lessons from missteps at its $10 billion Angolan LNG venture.

Continental Resources Names New President After Bott's Quick Exit
Wednesday, September 17, 2014 Continental Resources promotes Jack Stark to president, less than a week after Rick Bott quit the position.

Aqualis Wins Rig-Moving Deal with Saudi Aramco
Wednesday, September 17, 2014 Aqualis Offshore wins a deal to provide rig-moving services for Saudi Aramco's fleet of jackups in the Arabian Gulf.

Ambitious US Pipeline Firm Buckeye Quietly Makes Key Acquisition
Wednesday, September 17, 2014 Buckeye Partners spends more than $3.5 billion buying assets to transform itself from a regional pipeline utility into an emerging energy powerhouse.

Keppel FELS Clinches $227M Contract from GDI to Build KFELS B Class Jackup
Wednesday, September 17, 2014 Keppel FELS clinches a $227 million contract from Gulf Drilling International to build a high-specification KFELS B Class jackup for delivery in early 2016.

Woodside Selects Lloyd's Register Energy to be a Global Inspection Provider
Wednesday, September 17, 2014 Woodside selects Lloyd's Register Energy to be one of the company's global inspection providers under a three year contract.

Thailand's BCPE Gains Majority Ownership of Takeover Target Nido Petroleum
Tuesday, September 16, 2014 Thai refiner Bangchak Petroleum's unit BCPE gains majority ownership of its takeover target Nido Petroleum.

Swissco Acquires Liftboat for $56M to Tap Demand in the Market
Tuesday, September 16, 2014 Swissco Holdings acquires its first liftboat for $56 million as it hopes to tap demand in this market segment.

OMV's Huijskes To Leave In 2016 For 'Private Reasons'
Tuesday, September 16, 2014 OMV's head of exploration and production, Jaap Huijskes, will leave the company in the first half of 2016.

Oil & Gas UK Announces Finalists for 2014 Industry Awards
Tuesday, September 16, 2014 Oil & Gas UK announces finalists in seven categories for its annual awards ceremony.

Bill Barrett To Sell Gas Assets, Buy Oil Properties
Tuesday, September 16, 2014 Bill Barrett Corporation plans to exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado.

Apache Seeks To Sell Some Alberta Oil Properties
Tuesday, September 16, 2014 Apache says it plans to sell some of its oil and gas properties in Western Canada as it continues to winnow its portfolio of international assets.

Maersk Says Drilling Unit Sells Venezuela Drilling Barge Activities
Tuesday, September 16, 2014 Denmark's A.P. Moller-Maersk says its offshore oil and gas drilling unit has sold its Venezuelan barge activities.

Drillsearch Gains Control of 89.1% Shares in Ambassador Oil & Gas
Monday, September 15, 2014 Drillsearch gains control of 89.1 percent of Ambassador Oil & Gas shares and moves closer to compulsory acquisition of the latter's remaining shares.

Aker Wins Subsea Services Deal from Petrobras
Monday, September 15, 2014 Aker Oilfield Services wins a $465 million deal from Petrobras for the use of its Aker Wayfarer vessel offshore Brazil.

Harkand Appoints New Head of Engineering Services
Monday, September 15, 2014 Oilfield engineer Harkand names Alan White as its new head of engineering services for Europe.

Keppel's Unit KSI Completes Acquisition of 10% Stake in Golar Hilli
Monday, September 15, 2014 Keppel Corporation's indirect subsidiary KSI Production completes acquisition of a 10 percent stake in Golar Hilli.

Swire Names First G Class PSV Pacific Garnet at JMUC's Yokohama Yard
Monday, September 15, 2014 Swire Pacific names its first G Class platform supply vessel Pacific Garnet at Japan Marine United Corporation's Yokohama shipyard.

AOD Exercises Option for China's CSSC to Build a Zentech R-550D Jackup
Monday, September 15, 2014 TSC's subsidiary Alliance Offshore Drilling exercises option for the construction of a second Zentech R-550D jackup by China's CSSC Huangpu Wenchong Shipbuilding Company.

Dolphin Wins Indian Ocean 3D Seismic Contract
Monday, September 15, 2014 Seismic survey firm Dolphin Group wins a new 3D seismic contract in the Indian Ocean.

Spain's Tecnicas Reunidas Wins $500M Order from Pemex
Monday, September 15, 2014 Spanish oil engineer Tecnicas Reunidas wins a $500-million deal from Mexico's Pemex for a refinery project.

Oilfield Workforce Gets LOA to Supply Engineering Staff to Total in Brunei
Friday, September 12, 2014 Oilfield Workforce receives a letter of award from Total E&P Borneo to provide personnel for various engineering activities in Brunei.

Statoil Sells Norway Assets to Wintershall
Friday, September 12, 2014 Statoil farms down its Aasta Hansteen, Asterix and Polarled fields, while exiting its Vega and Gjoa fields in order to increase "flexibility".

MedcoEnergi Eyes 50% Contribution from Foreign Oil, Gas Projects by 2017
Friday, September 12, 2014 MedcoEnergi expects its foreign oil and gas projects to account for half the firm's production and revenue by the end of 2017, a company executive told a local daily.

Matrix Embraces Third Party Certification for its Drilling Riser Buoyancy
Friday, September 12, 2014 Matrix Composites and Engineering embraces third party certification for the firm's drilling riser buoyancy.

Neon Energy Recommends Shareholders to Ignore Evoworld's Takeover Bid
Friday, September 12, 2014 Australia's Neon Energy recommends shareholders to ignore Evoworld's takeover bid at this time.

Italy's Renzi Happy with Choice of Descalzi as Eni CEO
Friday, September 12, 2014 Italian Prime Minister Matteo Renzi says he remains happy with his choice to appoint Claudio Descalzi to lead Eni in spite of a corruption probe involving the Italian oil major's CEO.

Gazprom's 1Q Earnings Hurt By Ukraine, Exports Outlook Worsened
Thursday, September 11, 2014 Gazprom reports a 41% fall in 1Q net profit with more pain to come due to the firm's pricing dispute with Ukraine.

Mosman Updates on Operations at NZ Upstream Assets, Company Acquisitions
Thursday, September 11, 2014 Mosman Oil & Gas provides updates on operations at its New Zealand upstream assets and acquisitions of Trident Energy and OilCo.

Jurong Shipyard Inks $21M Deal to Acquire SSP Offshore's Business Assets
Thursday, September 11, 2014 Jurong Shipyard inks $21 million agreement with SSP Offshore to acquire substantially all the latter's business assets.

Eni CEO Investigated by Prosecutors over Nigerian Oil Deal
Thursday, September 11, 2014 Eni CEO Claudio Descalzi is under investigation over alleged international corruption relating to a big Nigerian oil deal.

CEO: Subsea 7 Keen on Taking Part in Sector Consolidation
Thursday, September 11, 2014 Subsea 7 would be keen to participate in oil and gas service industry consolidation but is not involved in any current deals.

Sembcorp Marine Invests $176M on Steel Fabrication Facility at Tuas Yard
Thursday, September 11, 2014 Sembcorp Marine to invest $176 million on a steel fabrication facility at its Tuas shipyard in Singapore to boost productivity for its offshore rig building, conversion, production and ship repair business.

Continental Resources President Quits, Leaves Leadership Gap
Thursday, September 11, 2014 W.F. "Rick" Bott was widely seen as the probably successor to Continental Chief Executive Harold Hamm.

Bakken Providing Jobs, Economic Growth for Williston, ND
Thursday, September 11, 2014 Williston is on a path of rapid growth, thanks to oil and gas activity in the Bakken Shale.

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