Company Operations News

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Offshore Achievement Awards Finalists Revealed
Tuesday, January 16, 2018 The finalists for the Offshore Achievement Awards have been revealed.

Tellurian Set to Boost Louisiana Gas Holdings Tenfold
Tuesday, January 16, 2018 Tellurian plans to start building its Driftwood LNG export terminal in Louisiana next year.

Wentworth Appoints New CEO
Monday, January 15, 2018 East Africa-focused oil and gas company, Wentworth Resources Limited, appoints Eskil Jersing as its new CEO.

EIC Takes On New Chairman
Monday, January 15, 2018 The Energy Industries Council (EIC) announces the appointment of Hugh Saville as the new chairman of its board of directors.

Noble Group Nets Less Than Expected From Oil Unit Sale To Vitol
Monday, January 15, 2018 Noble Group completes the sale of its U.S.-focused oil business to the world's largest oil trader Vitol.

Noble Corporation Appoints New CEO
Friday, January 12, 2018 Offshore drilling contractor Noble Corporation plc reveals that Julie Robertson will succeed David Williams as the company's new chairman, president and CEO.

Liberty Oilfield Services CEO Sees Muted Response To Crude Price Rise
Friday, January 12, 2018 Oil producers are unlikely to significantly expand drilling budgets this year despite the recent run-up in crude prices, Liberty Oilfield Services' CEO says.

BP Picks Jacobs Engineering for Khazzan Phase 2 Services Work
Thursday, January 11, 2018 BP selects Jacobs Engineering Group Inc. to provide engineering, procurement and construction management services for Phase 2 of the Khazzan Project in the Sultanate of Oman.

Aberdeen Services Firm Wins UKCS Contract with Total
Wednesday, January 10, 2018 Aberdeen-headquartered services company, TWMA, secures a 3 year contract with Total.

KCA Deutag Appoints New Senior Vice President of RDS
Wednesday, January 10, 2018 KCA Deutag appoints Albert Allan as the new senior vice president of RDS, the company's rig design and engineering subsidiary.

Iraq To Ask Foreign Oil Firms To Build Housing For Employees
Wednesday, January 10, 2018 Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects.

Kreuz Subsea Wins 'Most Financially Significant' Contract in its History
Tuesday, January 09, 2018 Kreuz Subsea, a global subsea services company, secures the 'most financially significant' contract its history.

SDX CEO 'Very Confident' Company Can Deliver on Forecast Gas Sales Rates
Tuesday, January 09, 2018 Following the release of the latest results at the KSR-16 well in Morocco, SDX Energy Inc President and CEO Paul Welch says the business is 'very confident' it can deliver on its forecast gas sales rates.

IOS Proceeding with Expansion Following Contract Wins
Tuesday, January 09, 2018 Independent Oilfield Services is proceeding with a $4 million expansion after securing 2 new contracts worth more than $16 million.

Aqualis Offshore Expands Service Offering
Monday, January 08, 2018 Aqualis Offshore, a marine and offshore engineering consultancy, expands its service offering to include drilling rig inspections.

San Leon Energy Discussions with Potential Offerors CGUP, Geron Terminated
Friday, January 05, 2018 Discussions with potential offerors China Great United Petroleum (Holding) Limited (CGUP) and Geron Energy Investment (Geron) have been terminated, San Leon confirms.

KrisEnergy Appoints New Non-Executive Director
Friday, January 05, 2018 KrisEnergy Ltd appoints Chris Ong Leng Yeow, CEO of Keppel Offshore & Marine Ltd, as a non-executive director.

Shell Progresses Hong Kong, Macau LPG Business Sale
Wednesday, January 03, 2018 Royal Dutch Shell plc completes the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG.

Coal Bed Methane Producer Changes Name
Wednesday, January 03, 2018 Green Dragon Gas Ltd changes its name.

Gulfport Names Noble Energy Executive As Operations Chief
Wednesday, January 03, 2018 Gulfport Energy Corp has recruited Noble Energy Inc's head of Texas operations.

Weatherford Completes Schlumberger Deal for $430 Mln
Tuesday, January 02, 2018 Weatherford International plc completes the sale of its U.S. pressure pumping and pump-down perforating assets to a subsidiary of Schlumberger Limited.

SandRidge Yields To Icahn Pressure, Ends Bonanza Creek Deal
Friday, December 29, 2017 SandRidge Yields To Icahn Pressure, Ends Bonanza Creek Deal

Russia's Rosneft, In U-Turn, Plans To Bid For Alrosa's Gas Assets
Friday, December 29, 2017 Rosneft said it had asked the country's competition watchdog for permission to bid for gas fields put up for sale by diamond miner Alrosa.

Energy Industry Accepting API's Newest Offshore Cargo Container Standard
Friday, December 29, 2017 The offshore energy industry is continually evolving to meet the demand for increased efficiency in drilling and production capabilities globally.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

Kremlin: Putin Favours Amicable Agreement In Rosneft-Sistema Row
Friday, December 22, 2017 A possible amicable agreement in a row between Russian oil major Rosneft and conglomerate Sistema was a topic of Russian President Vladimir Putin's informal meeting with businessmen.

ROV Operator Grows Following Funding Boost
Wednesday, December 20, 2017 ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs) with bases in Aberdeen and Houston, increases its fleet by 50% to meet ongoing customer demand.

OMV CEO Expects No Big Compensation Claims Over Baumgarten Gas Blast
Wednesday, December 20, 2017 The chief executive of OMV does not expect big compensation claims from clients after last week's explosion at the Baumgarten gas hub.

Cabot Oil And Gas To Sell Eagle Ford Assets Amid Cost-Cut Push
Wednesday, December 20, 2017 Cabot Oil & Gas Corp says it will sell its Eagle Ford Shale assets to a unit of Venado Oil & Gas LLC.

ICR Opens New Aberdeen Energy Park Headquarters
Tuesday, December 19, 2017 ICR Integrity Limited, a provider of integrated maintenance solutions to the oil and gas market, has relocated 6 bases across Aberdeenshire into 1 new facility in Aberdeen Energy Park.

AWE Raises Reserves Estimate At Flagship Gas Field Amid Takeover Offers
Tuesday, December 19, 2017 Australian gas producer AWE Ltd raises the reserves estimate on its flagship Waitsia gas field.

Vietnam Orders Prosecution Of Oil Firm Official In Corruption Crackdown
Tuesday, December 19, 2017 Vietnamese police order the prosecution of an official at scandal-hit state energy firm PetroVietnam over financial losses, the Ministry of Public Security says.

OPITO Names 2017 Apprentice of the Year
Monday, December 18, 2017 Energy industry skills body OPITO names former Peterhead Academy student Ashley Thomas as its 2017 Apprentice of the Year.

Zentech Introduces the Z-210 Liftboat
Monday, December 18, 2017 The Z-210 is the latest Zentech design, self-propelled, self-elevating, DP-2 (dynamically positioned) Liftboat.

Oil-Focused Engineering Firms McDermott, Chicago Bridge To Merge
Monday, December 18, 2017 McDermott International Inc and Chicago Bridge and Iron NV (CB&I) said they would combine to create a new company.

EIC Appoints New Board Members
Friday, December 15, 2017 The Energy Industries Council (EIC), a trade association for companies that supply goods and services to energy industries worldwide, has announced the appointment of 2 new board members.

UK's Petrofac Sees Recovery In New Orders, Cuts CAPEX
Thursday, December 14, 2017 Oilfield services company Petrofac Ltd sees a recovery in new orders as an uptick in oil prices boosts project activity.

Cenovus Energy To Cut More Jobs Amid Cost-Cutting Push
Thursday, December 14, 2017 Cenovus will cut an additional 15% of its workforce and lower operating expenses as new chief executive, Alex Pourbaix, works aggressively to cut costs and lower debt.

Aker Solutions Wins Modification Contract
Wednesday, December 13, 2017 Aker Solutions has won an order from Maersk Drilling to modify the production module on the Mærsk Inspirer jack-up rig for the Repsol-operated Yme oilfield offshore Norway.

UK's Wood Group Sees 2017 Core Earnings Of $590-$600MM
Wednesday, December 13, 2017 John Wood Group, which bought smaller rival Amec Foster Wheeler earlier this year, expects 2017 core earnings of between $590 million and $600 million.

Mozambique President Sacks Energy And Foreign Ministers
Wednesday, December 13, 2017 Mozambican President Filipe Nyusi has sacked 4 ministers, including those with the foreign affairs and energy portfolios, his office said in a statement late on Tuesday.

ExxonMobil to Lead Construction, Ops of Mozambique LNG Facilities
Wednesday, December 13, 2017 ExxonMobil assumes responsibility for midstream ops in deepwater Mozambique block.

Saffron Energy Unveils Board Changes
Tuesday, December 12, 2017 Saffron Energy plc announces a number of changes to its board.

AWE receives acquisition proposal from Mineral Resources Limited
Monday, December 11, 2017 AWE Limited receives an acquisition proposal from Mineral Resources Limited.

Subsea UK Unveils New Board for 2018-19
Monday, December 11, 2017 Industry body Subsea UK has unveiled its new board for 2018-19, following a members' ballot at its Annual General Meeting.

Kuwait Replaces Oil And Finance Ministers - State News Agency
Monday, December 11, 2017 Kuwait replaced its oil and finance ministers in a cabinet reshuffle on Monday, state news agency KUNA reported.

Wintershall, DEA Signal Intention to Merge
Friday, December 08, 2017 BASF and LetterOne sign a letter of intent to merge their oil and gas subsidiaries Wintershall and DEA.

CHC Lands Centrica Helicopter Support Contract
Friday, December 08, 2017 CHC Group secures a contract from Centrica to provide helicopter services in support of the forthcoming drilling program at the Fogelberg field in the Norwegian Sea.

One Dead, Output Shut After Accident At Norway's Tambar Oilfield
Friday, December 08, 2017 One person has been confirmed dead following an accident on Thursday on a Maersk-owned drilling rig at Aker BP's Tambar oilfield off Norway.

Hurricane Looking for New Chairman, Directors
Thursday, December 07, 2017 UK based oil and gas company Hurricane Energy plc is looking for a new non-executive chairman for its board.

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