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Eni Restructures With Two New Business Groups
Friday, June 05, 2020Alessandro Puliti will lead Natural Resources and Massimo Mondazzi will lead Energy Evolution.
Syncrude Services Contract Goes to Worley
Friday, June 05, 2020Worley will provide construction and site maintenance services for the Canadian hydrocarbon facilities over a five-year term.
Archer Inks Decomm Contract With Repsol
Friday, June 05, 2020Archer is the sole provider of all downhole services on the Gyda Plug and Abandonment Campaign.
Enbridge Adds Former Central Banker to Board
Friday, June 05, 2020Enbridge has named Stephen S. Poloz, former governor of the Bank of Canada, as a director.
NNPC Develops Covid-19 Contact Tracing App
Friday, June 05, 2020The Nigerian National Petroleum Corporation has developed a Covid-19 contact-tracing application that will be deployed in all its locations across the country.
Wood Pledges 40 Percent Cut in Carbon Emissions
Friday, June 05, 2020Wood has pledged to set a science-based target to reduce its scope 1 and 2 greenhouse gas emissions by 40 percent by 2030.
$180MM in Contracts Go to Sapura
Thursday, June 04, 2020The photo above shows the vessel Sapura 3000 pipe laying vessel. PHOTO SOURCE: Sapura Energy Berhad
BP Aims to Sell More Than $1B Stake in Oman Gas Project
Thursday, June 04, 2020BP is considering cutting part of its 60 percent holding in the Khazzan natural gas field.
Greenlee Retiring as President of ExxonMobil Upstream Business
Wednesday, June 03, 2020He plans to retire in July after more than 38 years of service with the company.
Petrobras Divesting Partial Stake in Espírito Santo Basin
Wednesday, June 03, 2020The concessions are strategically positioned in relation to key post-salt discoveries.
McDermott Divests Pipe Fabrication Business
Wednesday, June 03, 2020Ithaca Acquisition Holdings has completed its acquisition of the former pipe fabrication assets of The Shaw Group from McDermott International, Inc.
Cooksen Joins Targa Board
Wednesday, June 03, 2020Targa Resources Corp. has elected Lindsey M. Cooksen to its board of directors, increasing the size of its board from 11 to 12 members.
Simmons Edeco Completes Onshore Mexico Campaign
Wednesday, June 03, 2020Simmons Edeco has completed its first drilling contract for Mexico oil and gas operator Newpek. PHOTO SOURCE: Simmons Edeco
BP Southern Africa Appoints New CEO
Wednesday, June 03, 2020BP Southern Africa has appointed Taelo Mojapelo as its new chief executive officer.
Halliburton Launches Wireless Depth Correlation System
Tuesday, June 02, 2020Operators can measure depth in real time while tracking changes in position to improve efficiency.
Petrobras Moves Forward with Camamu Stake Sale
Tuesday, June 02, 2020The sale is in line with the company's strategy of optimizing its portfolio and increasing the focus in deep and ultra-deep waters.
Five-Well North Sea Contract Goes to Petrofac
Tuesday, June 02, 2020Petrofac will support IOG's Core Project development of three fields in the U.K. Southern North Sea.
Aker Solutions CFO Quits
Tuesday, June 02, 2020Aker Solutions announced Tuesday that its chief financial officer Ole Martin Grimsrud has given notice that he will leave the company on September 1.
Seadrill to Delist from NYSE
Tuesday, June 02, 2020Seadrill Limited has revealed that it will delist from the New York Stock Exchange.
TGS Starts Seismic Project Offshore Europe
Monday, June 01, 2020The AM20 5,600-square kilometer survey will be undertaken over a three-month period during the summer season.
OGTC Appoints New Chair
Monday, June 01, 2020Aberdeen's Oil & Gas Technology Center announced Monday the appointment of Martin Gilbert as its new Chair.
Mermaid Deputy CEO Resigns
Monday, June 01, 2020Mermaid Maritime Public Company Limited has revealed that its deputy chief executive officer, Philippe Grasset, has resigned.
BP America Names New Chairman, President
Friday, May 29, 2020Susan Dio, a 36-year veteran of the company, will retire later this year.
Oxy Faces Investor Lawsuit Over Anadarko Acquisition
Friday, May 29, 2020Investors claim they lost billions when Oxy overleveraged itself after its Anadarko acquisition.
ConocoPhillips Sells Australia-West Assets, Ops to Santos for $1.3B
Friday, May 29, 2020Due to market volatility and deferring Barossa FID, the companies agreed to lower the initial upfront payment.
MRC Global's CEO to Retire in 2021
Friday, May 29, 2020The board of directors will begin a CEO selection process this year.
Suttles to Take on Additional Role at Ovintiv
Friday, May 29, 2020Ovintiv CEO Doug Suttles will assume the responsibilities of president upon the retirement of Michael McAllister.
Apache Listing Solely on Nasdaq
Friday, May 29, 2020Apache Corporation has revealed that it will list its common stock solely on the Nasdaq Stock Market from June 9.
Basic Energy Consolidates Regions to Slash Costs
Thursday, May 28, 2020It is slimming its number of operating regions from the current five to three.
Cold Bore Launching Beta Test for Frac Action Software
Thursday, May 28, 2020The software allows frac operators to overlay high resolution, real-time stage frac data onto that of multiple previous stages.
Oilex to Exit Australia in Asset Sale
Thursday, May 28, 2020Oilex plans to focus on developing its asset base in India and the UK Continental Shelf.
Petrofac Launches North Sea Decom Campaign
Thursday, May 28, 2020Petrofac has begun activity on its previously awarded well decommissioning contract for the Rubie and Renee fields in the U.K. Continental Shelf.
Survey Tracks Health of Energy Transition Amid COVID-19
Thursday, May 28, 2020Despite the upheaval from COVID-19, energy and industrial leaders will likely continue to commit their companies to decarbonization programs, according to Deloitte.
Subsea 7 Expects to Slash Around 3,000 Jobs
Thursday, May 28, 2020Subsea 7 expects to slash around 3,000 people from its global workforce of 12,000 by the end of the second quarter of next year.
EQT Closes Asset Sale for $125MM
Wednesday, May 27, 2020The transaction relieves EQT of about $47 million in asset retirement obligations and other liabilities.
Vermilion Energy Shuffles Leadership
Wednesday, May 27, 2020Anthony Marino has stepped down as president, CEO and director, effective immediately.
Stena Drilling Signs Rig Contract with Bahamas Petroleum
Wednesday, May 27, 2020COVID-19 had forced BPC to postpone drilling for Perseverance #1.
Offshore Workers Criticize Pemex
Wednesday, May 27, 2020Critics say Pemex's actions mirror that of the administration of President Andres Manuel Lopez Obrador.
Exxon Shareholders Say No to Splitting Chairman, CEO Roles
Wednesday, May 27, 2020Pressure for Exxon to appoint an independent chairman, separate to the CEO, has been building for years.
Chevron to Cut Global Workforce by Up to 15 Percent
Wednesday, May 27, 2020Chevron plans to strip $1 billion of operating expenses this year in addition to slashing capital spending by almost a third.
Archer Rig to Mobilize in UKCS for 21-Well Campaign
Tuesday, May 26, 2020Archer has won a multi-well plugging and abandonment contract in the UK Continental Shelf. PHOTO SOURCE: Archer Limited
Noble Completes Leadership Transition Plan
Tuesday, May 26, 2020Robert W. Eifler has been named president and CEO.
Saipem Signs Global Engineering Deal with Equinor
Tuesday, May 26, 2020Saipem has signed a two-year frame agreement with Equinor covering engineering services worldwide.
Total Still on Track for North Sea Divestments
Friday, May 22, 2020The sale is moving ahead, although Petrogas is no longer part of the transaction.
Offshore Australia 3D Seismic Survey Concludes
Friday, May 22, 2020Polarcus acquired the Petrel 3D seismic data using its Asima vessel. The geophysical firm's Nadia vessel appears in the above photo.
ConocoPhillips CFO to Retire
Thursday, May 21, 2020William L. Bullock Jr. will assume the role of executive vice president and CFO on Sept. 1.
Maersk Lands Contract for Dunlin Alpha Work
Thursday, May 21, 2020Project management and engineering will start this year, with offshore execution planned for 2022 or 2023.
BP Offshore Deals Go to Worley
Thursday, May 21, 2020BP has formed a pair of global framework agreements with Worley tied to BP's global offshore developments.
Shell Planning Voluntary Job Losses
Thursday, May 21, 2020Shell will have a clearer picture of what the reorganization of the company will look like by the end of the year.
API Names New Upstream VP
Wednesday, May 20, 2020The American Petroleum Institute reported Tuesday that it has named Lem Smith as its new vice president of upstream policy.
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