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UK's Weir To Buy U.S. Mining Tools Maker ESCO For $1.05B
Thursday, April 19, 2018 Weir Group Plc, which makes pumps and valves for mining and energy industries, says it will buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion.

Head Of Oil Major Total Expects Good Q1 Results Due To High Oil Price
Thursday, April 19, 2018 French oil major Total expects to report good first quarter results next week, thanks to the impact of high oil prices, says company head Patrick Pouyanne.

BP, RIL Sanction Second Phase of KG D6 Development
Thursday, April 19, 2018 BP plc and Reliance Industries Limited announce the sanctioning of the 'Satellite cluster' project in Block KG D6, located offshore India.

Aibel Secures Statoil Njord Bravo FSU Contract
Thursday, April 19, 2018 Aibel secures a contract from Statoil for the refurbishment and lifetime extension of the Njord Bravo Floating Storage Unit.

Petroplan Appoints New CEO
Wednesday, April 18, 2018 Petroplan Group appoints Philippa Barnes as its new CEO.

OGTC, ACE Launch New UAVs
Wednesday, April 18, 2018 The UK's Oil & Gas Technology Centre and Air Control Entech launch a set of new unmanned aerial vehicles.

Total E&P UK Managing Director to Retire
Wednesday, April 18, 2018 Total E&P UK's managing director, Elisabeth Proust, will retire after 38 years of working for Total.

Greece Launches Tender To Sell Majority Stake In Hellenic Petroleum
Wednesday, April 18, 2018 Greece launches an international tender to sell a majority stake in Hellenic Petroleum as part of its third international bailout.




Tullow Oil Appoints New Non-Executive Chair
Tuesday, April 17, 2018 Tullow Oil plc announces the appointment of Dorothy Thompson as independent non-executive director and chair-designate.

CHC Signs Contract Extension With Aker BP to Support Valhall Field
Tuesday, April 17, 2018 CHC Group signs a 2-year contract extension with Aker BP to support its Valhall field in the Norwegian North Sea.

Statoil Awards LOI for $160MM Drilling Contract to Odfjell
Monday, April 16, 2018 Statoil awards Odfjell Drilling a conditional letter of intent for a drilling contract for the Deepsea Atlantic rig.

TechnipFMC Bags Tortue/Ahmeyim FPSO FEED Contract
Monday, April 16, 2018 TechnipFMC secures a front-end engineering design (FEED) contract with BP plc for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim field development.

BP, Petrobras Form Strategic Alliance
Friday, April 13, 2018 BP plc signs a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A.

Eni Shuts Output At Norway's Goliat Field After Sauna Fire
Friday, April 13, 2018 Italian oil firm Eni shut output from Norway's Arctic Goliat oilfield on Friday following a small fire.

Aberdeen Energy Services Firm Diversifies Into Aerospace Market
Friday, April 13, 2018 SengS, a north-east engineering services firm that primarily serves the energy industry, completes its first 'space' mission.

Kenya's National Oil And Schlumberger Sign Field Development Deal
Friday, April 13, 2018 Kenya's National Oil Corporation and U.S. oil services company Schlumberger agree to finalize a field development plan on behalf of the government for oil blocks in the northwest of the country.

Maersk Drilling, Maersk Supply Service Establishing JV Decom Company
Thursday, April 12, 2018 Maersk Drilling is establishing a 50:50 joint venture (JV) decommissioning company with Maersk Supply Service.

OGA Appoints Interim Chair
Wednesday, April 11, 2018 Frances Morris-Jones is confirmed as the interim chair of the UK's Oil and Gas Authority (OGA).

Nominations Open for Offshore Safety Awards
Tuesday, April 10, 2018 Nominations are now open for this year's Offshore Safety Awards, which are being organized by industry body Oil & Gas UK and Step Change in Safety.

Subsea 7 Secures 'Substantial' Services Contract Offshore Nigeria
Tuesday, April 10, 2018 Subsea 7 S.A. secures a 'substantial' services contract with Mobil Producing Nigeria Unlimited.

Devon Energy Plans to Lay Off 9 Percent of Staff to Boost Returns
Tuesday, April 10, 2018 U.S. shale oil producer Devon Energy Corp will lay off 300 workers, roughly 9 percent of staff, as part of a plan to streamline its operations.

Chevron Boosted Compensation for Incoming CEO Wirth in 2017
Tuesday, April 10, 2018 Chevron Corp boosted the pay for executive Mike Wirth last year by more than 25 percent ahead of his appointment as chief executive in early 2018.

Rig Mobilized for Workover Campaign Onshore Argentina
Friday, April 06, 2018 Echo Energy plc says the Quintana-01 rig has been mobilized for a 3 well workover campaign at the company's Fracción D asset, onshore Argentina.

DOF Subsea Secures Various Contracts in the Atlantic Region
Friday, April 06, 2018 Integrated offshore company DOF Subsea wins various contracts in the Atlantic region.

Statoil to Award Service Companies Contracts Worth Over $1.4B
Thursday, April 05, 2018 Statoil, on behalf of the Johan Sverdrup partnership, will award service contracts to Aibel, and a joint venture of Aker Solutions and Kværner, worth a total estimated value of more than $1.4 billion.

Husky CFO Resigns
Thursday, April 05, 2018 Husky Energy announces that its chief financial officer, Jon McKenzie, has resigned and will be leaving the company effective April 5.

Petrobras Minority Shareholders Unveil New Candidates For Board
Thursday, April 05, 2018 Petroleo Brasileiro says minority shareholders had named new candidates to represent them on the board, replacing those announced last month.

Bonanza Creek Appoints Eric Greager as CEO
Thursday, April 05, 2018 U.S. oil and gas producer Bonanza Creek Energy Inc named Eric Greager as its new CEO effective April 11.

Saipem Main Investors to Ask Shareholders to Reappoint Stefano Cao CEO
Thursday, April 05, 2018 The main investors in Italy's Saipem said they would ask shareholders to reappoint Stefano Cao as chief executive of the oil service company.

Argentina's YPF Names Ex-CFO Daniel Gonzalez as New CEO
Thursday, April 05, 2018 Argentina's state-owned oil company YPF SA has named former chief financial officer (CFO) Daniel Gonzalez as its new chief executive.

Palestinians, Seeking New Developer, Offer 45% Stake In Gaza Gas Field
Wednesday, April 04, 2018 The Palestinians are seeking to sell a 45% stake in a gas field off Gaza to help to develop the project, its main stakeholder, the Palestine Investment Fund, says.

Kreuz Subsea Strengthens Management Team to Support Global Expansion Plans
Tuesday, April 03, 2018 Kreuz Subsea strengthens its senior management team at its Singapore headquarters.

Sparrows Group Secures Multi-Million Dollar Contract with India's ONGC
Tuesday, April 03, 2018 Sparrows Group secures a multi-million dollar contract with India's Oil and Natural Gas Corporation for the refurbishment of 21 cranes.

Santos To Open Books To Harbour Energy After Unsolicited $10.4B Bid
Tuesday, April 03, 2018 Santos says it will 'engage with' Harbour Energy after receiving a $10.4 billion takeover offer from the US company.

Frontera Energy Names New CEO, Will Double Investment in Colombia, Peru
Monday, April 02, 2018 Canada's Frontera Energy Corp names a new chief executive, and said it plans to more than double its investment in operations in Colombia and Peru during 2018, to up to $500 million.

Baker Hughes GE's CEO Of Australia, New Zealand & Papua New Guinea Departs
Friday, March 30, 2018 Mary Hackett has left her job as chief executive officer of Australia, New Zealand and Papua New Guinea.

DNS Launches Decommissioning Awards
Thursday, March 29, 2018 Decom North Sea launches 'the first industry awards to be dedicated to decommissioning excellence'.

Shell to Buy into Cambo, Blackrock Assets
Thursday, March 29, 2018 Siccar Point Energy to divest a 30% non-operated working interest in licenses P1028 and P1189 and a 22.5% non-operated interest in license P1830.

BP Chief Dudley's 2017 Pay Rises After Previous Year's Cut
Thursday, March 29, 2018 BP Chief Executive Bob Dudley's remuneration rose to $13.4 million in 2017, when the oil and gas giant's profits more than doubled and production soared.

Providence, Lansdowne Partner with APEC for Barryroe Field Development
Wednesday, March 28, 2018 Providence Resources and Lansdowne Celtic Sea Limited sign a farm-out agreement with privately owned Chinese company APEC, for Standard Exploration License 1/11.

Sembcorp Nets Karish, Tanin FPSO Engineering Contract
Wednesday, March 28, 2018 Sembcorp secures contract for the engineering, procurement and construction of hull and living quarters for a newbuild Floating Production, Storage and Offloading vessel.

Oil Producer Concho To Buy Rival RSP In Permian Push
Wednesday, March 28, 2018 Concho Resources to buy smaller rival RSP Permian Inc in an all-stock deal valued at about $8 billion.

India's Reliance Sells Texas Shale Assets For $100MM
Tuesday, March 27, 2018 Reliance Industries Ltd says its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million.

Shell Names Former Maersk Oil CEO Watkins As Next US Boss
Tuesday, March 27, 2018 Shell's US boss, Bruce Culpepper, will step down at the end of the year.

Wintershall Discovers Gas in Norwegian Sea
Monday, March 26, 2018 Wintershall Norge AS, operator of production license 894, discovers gas at wildcat well 6604/5-1.

CGG Appoints Sophie Zurquiyah as New CEO
Monday, March 26, 2018 Sophie Zurquiyah will become the new CEO of CGG after the company's annual general meeting on April 26.

OGIC Investing in New Oil, Gas Technology
Monday, March 26, 2018 OGIC invests more than $426,000 into 3 new projects 'which have the potential to cut operational costs and improve efficiency in the oil and gas industry'.

Shell To Sell West Qurna 1 Oilfield Stake To Japan's Itochu For $406MM
Friday, March 23, 2018 Oil major Royal Dutch Shell agrees to sell its entire stake in Iraq's West Qurna 1 oilfield to Japan's Itochu Corp for $406 million.

Offshore Achievement Award Winners Announced
Friday, March 23, 2018 The winners of the 2018 Offshore Achievement Awards have been announced, with categories covering technology innovation, company performance and individual achievement across the UK offshore energy sector.

TechnipFMC, Magma Global in Collaboration Agreement
Friday, March 23, 2018 TechnipFMC agrees the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe for use in offshore applications.

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