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DNO to Request Seats on Faroe Board
Thursday, August 16, 2018 DNO ASA reveals that it will request seats on the board of Faroe Petroleum plc.
Colombia's Ecopetrol Cuts Planned 2018 Spending To $3-3.5B
Wednesday, August 15, 2018 Ecopetrol says it will invest $3 billion to $3.5 billion during 2018.
Services Firm's Aberdeen Base Sees Increased Demand, Results in Office Move
Tuesday, August 14, 2018 Ampelmann says its Aberdeen base has experienced increased business demand in recent months.
Neptune Energy to Acquire North Sea Interests from Apache
Monday, August 13, 2018 Neptune Energy Group agrees to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited.
DNV GL Appoints Market Sector Leader for UK Onshore Gas Industry
Monday, August 13, 2018 DNV GL, a technical advisor to the global oil and gas industry, appoints Tim Roff as market sector leader for the UK onshore gas industry.
'New Player' Enters Louisiana Austin Chalk
Monday, August 13, 2018 Amelia Resources has sold 40,000 net acres of newly acquired leases in Louisiana Austin Chalk and Louisiana-Mississippi (LAMS) Stack plays to an 'undisclosed US-based buyer.'
ConocoPhillips to Cut US Staff in September
Monday, August 13, 2018 Oil and gas producer ConocoPhillips will be implementing modest workforce reductions.
Cenovus Agrees to Sell Pipestone Business for $625M
Friday, August 10, 2018 Cenovus Energy enters into an agreement to sell the general partnership that holds the Pipestone and Wembley natural gas and liquids business in northwestern Alberta.
Focus On: Procurement & Construction
Aberdeen Services Firm to Create 24 New Jobs
Thursday, August 09, 2018 Sentinel Marine takes delivery of a new vessel that will create 24 new jobs when it goes into service.
RockRose to Acquire North Sea Arran Field Stake from Dana
Thursday, August 09, 2018 RockRose Energy agrees to acquire a 20.43% interest in blocks 23/11a, 23/16b and 23/16c from Dana Petroleum.
Permian Producer Occidental Raises CAPEX Budget, Investors Balk
Thursday, August 09, 2018 Occidental Petroleum says it was raising its capital spending sharply but it maintained a tepid production forecast for the year.
Value of Canada M&A Deals Slumps Amid Oil Rally
Wednesday, August 08, 2018 Investors have been pushing Canadian energy companies to merge so they can cut costs and combine resources. That isn't going so well this year.
Rosneft Sets Cash-Flow Record
Tuesday, August 07, 2018 Rosneft PJSC posts record cash flow in the 2nd quarter.
Fred. Olsen Energy Edges Closer to Financial Restructuring
Tuesday, August 07, 2018 Fred. Olsen Energy is considering a debt and equity restructuring that would almost wipe out the value of its current shares, the company said.
Kosmos Energy Expands into Gulf of Mexico with $1.23 bln DGE Buy
Monday, August 06, 2018 Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.
Schlumberger Appoints Shale Innovator Mark Papa to Board
Monday, August 06, 2018 Schlumberger appointed shale pioneer Mark Papa and energy researcher Tatiana Mitrova to its board of directors, according to a filing with the U.S. Securities and Exchange Commission.
Aker Solutions to 'Integrate' UK Organization
Friday, August 03, 2018 Norway-headquartered oil and gas industry services company Aker Solutions has announced an initiative to 'integrate' its UK organization.
Noble Energy Gives In to Permian and Transport Challenges, Shares Fall
Friday, August 03, 2018 Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions.
Feds Drop Obama-era ExxonMobil Probe
Friday, August 03, 2018
ConocoPhillips to Sell Barnett Assets
Thursday, August 02, 2018 ConocoPhillips enters into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources.
OGTC Launches New Technology Program for Oil, Gas
Wednesday, August 01, 2018 The UK's Oil & Gas Technology Centre has launched TechX Ventures.
Aker BP to Acquire Total E&P Norge Interests in 11 NCS Licenses
Tuesday, July 31, 2018 Aker BP enters into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licenses on the Norwegian Continental Shelf.
Harvest Midstream to Purchase Assets from Williams for More than $1B
Tuesday, July 31, 2018 The deal is one of two made by Williams Cos. in the same day that will see Williams exiting the Four Corners region.
Frac Sand Producer US Silica Forecasts Strong Second Half
Tuesday, July 31, 2018 US Silica Holdings Inc's forecast an upbeat second half of the year on strong demand.
Diamond Offshore Posts Smaller-Than-Expected Loss On Lower Costs
Monday, July 30, 2018 Diamond Offshore Drilling posts a smaller-than-expected loss.
Saudi Aramco Weighing Global Bond Sale for First Time
Friday, July 27, 2018 If Aramco goes ahead with an international bond, the sale would force it to disclose its accounts to investors for the 1st time since nationalization 4 decades ago.
BHP Agrees to Sell US Onshore Assets for $10.8B
Friday, July 27, 2018 BHP has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for a combined base consideration of $10.8 billion.
Weatherford Posts Smaller-Than-Expected Loss On Higher Drilling
Friday, July 27, 2018 Weatherford International reported a smaller-than-expected loss.
Baker Hughes: US Drillers Add Oil Rigs For First Week In Three
Friday, July 27, 2018 US energy companies this week added oil rigs for the first time in the past three weeks.
KCA Deutag, SOCAR AQS Reach Agreement to Form Joint Venture
Thursday, July 26, 2018 KCA Deutag reaches an agreement with SOCAR AQS to form a joint venture.
ConocoPhillips Boosts 2018 Spending, Production Outlook
Thursday, July 26, 2018 ConocoPhillips posts better-than-expected quarterly profit thanks to rising crude prices.
South Sudan Terminates Petroleum License Talks With Total
Wednesday, July 25, 2018 South Sudan has called off talks with Total about developing two oil blocks, the petroleum ministry says.
Hess Loss Shrinks As Higher Oil Prices Offset Falling Output
Wednesday, July 25, 2018 Hess posts a smaller-than-expected quarterly loss, as higher crude prices offset an unexpected drop in production.
Forum Energy Technologies Suspends Manufacturing at Oil Equipment Facility
Wednesday, July 25, 2018 Market conditions have prompted the company to suspend manufacturing.
Wren House Infrastructure to Acquire NSMP from ArcLight
Tuesday, July 24, 2018 An affiliate of ArcLight Capital Partners agrees to sell its entire interest in NSMP to Wren House Infrastructure Management Limited.
UK Subsea Services Company Announces Plans to Double Workforce
Monday, July 23, 2018 UK-based Rovco, a subsea ROV and hydrographic company, announced Monday plans to double its workforce as it prepares for global expansion.
US Drilling Companies Announce Merger Agreement
Friday, July 20, 2018 Independence Contract Drilling Inc. and Sidewinder Drilling LLC have entered into a definitive merger agreement.
Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.
Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.
BP Named One of Best Employers for LGBT Staff
Thursday, July 19, 2018 BP plc has been named on Stonewall's list of the best multinational employers for lesbian, gay, bi and trans (LGBT) staff.
BGP Secures $1.6B ADNOC Seismic Survey Work
Thursday, July 19, 2018 ADNOC awards contracts worth $1.6 billion to a China National Petroleum Company (CNPC) affiliate for 'the world's largest continuous 3D onshore and offshore seismic survey'.
BHP: Exit Process for Onshore US Assets Progressing to Plan
Wednesday, July 18, 2018 BHP says the exit process for its onshore US assets is 'progressing to plan'.
Tullow Oil To Shoulder Kosmos' $65MM Burden Over Ghana Rig Dispute
Wednesday, July 18, 2018 Tullow Oil has to cover nearly $65 million of costs linked to a canceled rig contract in Ghana.
Wood Appoints Chief Technology Officer
Tuesday, July 17, 2018 Wood appoints Darren Martin as its chief technology officer, a newly created role within the company.
Aker BP Appoints New Exploration SVP
Monday, July 16, 2018 Aker BP announces Monday that it has appointed Evy Glørstad-Clark as its new exploration SVP.
China Willing To Invest $3B In Nigerian Oil Operations - NNPC
Monday, July 16, 2018 China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.
Shell Seeks Semisub for Trinidad and Tobago Campaign
Monday, July 16, 2018 Shell plans to launch an offshore Trinidad and Tobago drilling campaign in 2019.
Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.
Maersk Drilling Secures 2 North Sea Contract Extensions
Friday, July 13, 2018 Maersk Drilling secures contract extensions for the Maersk Resolute and Maersk Resolve jack-up rigs.
Automation in Oil and Gas: An Ally, Not an Enemy
Friday, July 13, 2018 Automation can be a solution to the problem of an ageing workforce.
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