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Siemens to Modernize Arabian Drilling Jackup
Thursday, February 20, 2020 The upgrade includes a full drilling-drives package and cooling system.

OTC Partners with UAHT for Sixth Year
Thursday, February 20, 2020 The Offshore Technology Conference revealed Wednesday that it will continue its partnership with United Against Human Trafficking.

Repsol Profit Misses Estimates
Thursday, February 20, 2020 Repsol SA reported fourth-quarter earnings that missed estimates as a weaker refining and chemicals business and a drop in crude prices had a larger impact than expected.

Maduro Shakes Up PDVSA, Declares Oil 'Emergency'
Thursday, February 20, 2020 Venezuela's President Nicolas Maduro announced a commission to revamp PDVSA, redoubling efforts to shore up the nation's crumbling oil industry.

CGG Exits Land Seismic Business
Wednesday, February 19, 2020 The company has embarked on a strategic transition.

NGL Wins Permian Produced Water Contracts
Wednesday, February 19, 2020 NGL Energy Partners LP Tuesday reported that it has signed separate, long-term produced water transportation and disposal agreements with two large producer customers in the Delaware Basin.

Ex-SLB Worker Appointed TWMA CEO
Wednesday, February 19, 2020 Drilling waste management company TWMA revealed Wednesday that it has appointed Halle Aslaksen as its new chief executive officer.

Sheridan Production, Extraction Oil and Gas Reveal Layoffs
Tuesday, February 18, 2020 Market conditions are still forcing some operators to take drastic measures.




Petrofac Bags $1.6B Contracts for Mega Project
Tuesday, February 18, 2020 Petrofac Emirates has been awarded two contracts by Abu Dhabi National Oil Company worth a total of around $1.65 billion.

TGS Appoints New CFO
Tuesday, February 18, 2020 TGS has appointed Fredrik Amundsen as its new chief financial officer.

Murphy Oil Extends Valaris Drillship Contract
Monday, February 17, 2020 Murphy Oil Corp. has extended its contract for Valaris plc's DS-15 Renaissance drillship in the US Gulf of Mexico.

Transocean Ups Backlog by $366MM
Monday, February 17, 2020 Transocean reported that it has added 10 contracts since last October.

HitecVision Establishes Moreld
Monday, February 17, 2020 HitecVision has announced the establishment of Moreld, a new industrial group based on 20 of the companies in its portfolio which concentrate on the oil and gas industry.

Tendeka Names Baker Hughes Alum Americas VP
Friday, February 14, 2020 Tendeka's Jim McGowin will be based in Houston. PHOTO SOURCE: Tendeka

Coronavirus Could Test Oil Players' Risk and Compliance Plans
Friday, February 14, 2020 The global coronavirus outbreak could put heightened risk management and compliance plans to the test.

Pemex Ex-CEO Arrest Puts AMLO in Delicate Situation
Friday, February 14, 2020 The arrest of a former top government official is a breakthrough for Mexico's crackdown against corruption, but it puts President Andres Manuel Lopez Obrador in a delicate spot.

Tullow Gets Green Light on Gas-Flaring Request
Friday, February 14, 2020 The permission will assist heavily indebted Tullow to support production in its offshore fields.

Kosmos’ Ghana Performance Boosts 1P Reserves
Thursday, February 13, 2020 It marks the seventh consecutive year of greater than 100 percent of production replacement for Kosmos.

ConocoPhillips Extends Bristow Contracts
Wednesday, February 12, 2020 This photo shows a Bristow S-92 aircraft on the ramp at ConocoPhillips' Ekofisk platform in the North Sea. PHOTO SOURCE: Bristow Group, Inc.

Tallgrass Welcomes New CCO, Opens Houston Office
Wednesday, February 12, 2020 Daniels' career in the energy business spans tenures at both Phillips 66 and Energy Transfer from 2008 to the present.

Chevron Awards Angola Platform Contract
Wednesday, February 12, 2020 This photo shows one of Aquaterra's Sea Swift conductor supported platforms. PHOTO SOURCE: Aquaterra Energy

Oceaneering Wins Offshore Angola Contract From BP
Wednesday, February 12, 2020 This contract follows a successful intervention campaign by Oceaneering in the same region in late 2018.

TechnipFMC Expects $2.4B Impairment Charge
Wednesday, February 12, 2020 TechnipFMC has revealed that it expects approximately $2.4 billion of non-cash asset impairment charges to impact its results in the fourth quarter.

New BP CEO Sets Out Plan
Wednesday, February 12, 2020 BP pledged to achieve net-zero carbon emissions from its oil and gas operations and production by 2050.

Diamond Offshore Wins Contract Extension for Semisub
Tuesday, February 11, 2020 Diamond Offshore reported that it has secured a one-year extension for its Ocean Patriot semisub.

Sandridge Energy Announces April Layoffs
Tuesday, February 11, 2020 No further information surrounding the layoffs was provided.

Offshore Drilling Contractor Hits Full Utilization
Tuesday, February 11, 2020 Constellation Oil Services has signed a three-year contract with Petrobras for the Atlantic Star semi-submersible rig.

What Happens to McDermott Stock?
Tuesday, February 11, 2020 This is what will happen to McDermott stock after the company filed for Chapter 11.

Ineos Teams Up with F1 Team
Tuesday, February 11, 2020 Ineos has teamed up with the Mercedes-AMG Petronas Formula One team through a new principal partnership.

Exxon Cracking Down on Employee Travel
Tuesday, February 11, 2020 Exxon Mobil Corp. has been scrutinizing employee-travel budgets since the largest North American oil explorer posted its worst quarterly profit in almost four years, said people with knowledge of the matter.

Halliburton and Socar AQS to Form JV
Tuesday, February 11, 2020 Halliburton and Socar AQS have signed a memorandum of understanding to form a new joint venture.

Ecopetrol, Shell Team Up in Deepwater JV
Monday, February 10, 2020 Shell plans to drill an appraisal well in the area by the end of 2021.

BP Downstream Chief to Move On
Monday, February 10, 2020 Tufan Erginbilgic, the chief executive of BP plc's Downstream segment since 2014, has decided to leave the company at the end of next month.

TGS Shooting 3D Seismic in Texas and Alberta
Monday, February 10, 2020 Multi-client geoscience data provider TGS reported Thursday that it has begun acquisition of a pair of 3D seismic surveys--one in West Texas and the other in Alberta.

Mermaid Sets Up UK Subsidiary
Monday, February 10, 2020 Thailand-headquartered Mermaid Maritime Public Company Limited has incorporated an indirect wholly owned subsidiary in the UK.

OPITO Names 2019 Apprentice of the Year
Monday, February 10, 2020 A 33-year old from Dundee who decided to switch careers and enter the oil sector has been named as OPITO's 2019 apprentice of the year.

ARB Midstream Expands Via Connection to Pony Express
Friday, February 07, 2020 The link to the Pony Express system will be fed by ARB's 300,000 barrels of crude oil storage at Platteville.

Zion Purchases Land Rig, Forms New Subsidiaries
Friday, February 07, 2020 Zion will purchase the rig for drilling in Israel with immediately available cash.

$500MM+ in Offshore Contracts Go to Saipem
Friday, February 07, 2020 This photo shows the Saipem 7000 crane and pipelay vessel. PHOTO SOURCE: Saipem

McDermott Gets NYSE Delisting Date
Friday, February 07, 2020 The New York Stock Exchange intends to remove the entire class of the common stock of McDermott International from listing and registration on the Exchange on February 17.

Brazil FPSO Contract Goes to Aibel
Thursday, February 06, 2020 Service company Aibel reported that it has won a FEED contract for an FPSO that MODEC will construct for Equinor.

McDermott Wins Large SURF BHP Contract
Thursday, February 06, 2020 The project is expected to be completed in August 2020.

BJ Services Advances TITAN Fracturing Pump Platform
Thursday, February 06, 2020 The company plans to deploy the first commercial TITAN fleet in the second half of 2020.

Wood to Sell Industrial Services Business
Thursday, February 06, 2020 Wood has announced the sale of its industrial services business to technical services provider Kaefer.

Total Profit Beats Estimates
Thursday, February 06, 2020 Total SA's fourth-quarter profit beat even the highest estimate as record production offset the impact of slumping natural gas prices and strikes at its French oil refineries.

Tullow to Cut 40 Percent of Its Jobs in Kenya
Thursday, February 06, 2020 About 35 workers will become redundant.

New BP CEO Contends with Protests on First Day
Wednesday, February 05, 2020 Bernard Looney, who succeeded Bob Dudley as BP's group chief executive on February 5, contended with protests at the company,s headquarters on his first day in the new role.

Petrobras and Chevron Selling Stake in Papa-Terra Field
Tuesday, February 04, 2020 Papa-terra field is part of the BC-20 concession and is located at a water depth of 1,200 meters.

Worley Names New CEO
Tuesday, February 04, 2020 Worley COO Chris Ashton will succeed Andrew Wood as the engineering and construction firm's CEO.

BP Shines in Oil Industry Gloom
Tuesday, February 04, 2020 BP's fourth-quarter profit beat analyst estimates and the company increased its dividend slightly.

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