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Ex-BP Rep Becomes Chesapeake EVP and CFO
Friday, December 03, 2021For the last six years, Singh has served on the executive leadership team of BPX Energy, the United States onshore subsidiary of BP.
Exxon Plans Below Inflation USA Pay Raises
Friday, December 03, 2021Exxon's salary raises come after a difficult two-year period for the company and its employees.
Ex-FIFA Ref Gets Aberdeen Uni ET Director Role
Thursday, December 02, 2021Underhill used to be a professional football referee on the FIFA circuit.
Cenovus in $500MM+ Deal
Thursday, December 02, 2021The agreements allow Cenovus to further focus its portfolio, accelerate deleveraging and support increasing shareholder returns.
ConocoPhillips Completes $9.5B Shell Deal
Thursday, December 02, 2021The assets include around 225,000 net acres and producing properties located entirely in Texas.
Ex-ExxonMobil Leader Appointed Lundin Energy Norway MD
Thursday, December 02, 2021Kristin Faerovik will retire from her position on December 31.
Aramco Awards Deals Worth $10B
Wednesday, December 01, 2021The deals comprise 16 subsurface and engineering, procurement and construction contracts.
TotalEnergies Launches Texas Biomethane Unit
Wednesday, December 01, 2021The biomethane will be used as an alternative fuel for mobility.
Petrobras Sees More Oil Field Sales
Wednesday, December 01, 2021Brazil's state-controlled oil company plans to continue selling off its least profitable oil fields.
Saipem Signs New Deal Worth Around $750MM
Tuesday, November 30, 2021Saipem's latest deal is one of multiple several hundred million dollar contracts announced in November.
VIDEO: Neptune Completes Seagull Manifold Installation
Friday, November 26, 2021Working under the Neptune Energy Alliance Agreement, TechnipFMC undertook the construction activities on the development.
Shell Sees Major Potential for SAF in Asia
Friday, November 26, 2021Alternative aviation fuel, which can be made from feedstocks including algae and cooking oil, is still a lot more expensive than traditional jet fuel.
Wood Bags Deal for Largest Turkey Gas Reserve
Friday, November 26, 2021The Sakarya Gas Field has a confirmed capacity of 405 billion cubic meters, or 14 trillion cubic feet, of natural gas.
Chevron Venezuela Operations in Limbo
Thursday, November 25, 2021The U.S. is leaving Venezuelan operations of Chevron Corp. at a standstill.
Halliburton Unit Hired to Plug Delta Spill
Thursday, November 25, 2021Halliburton's Boots & Coots unit has been called in by independent producer Aiteo Eastern E&P Co. to contain a leak.
Standard Drilling Sells Vessel for $10MM+
Wednesday, November 24, 2021The sale of the vessel will result in a gain for Standard Drilling of gross $2.3 million.
BP Goes on Hydrogen Hiring Spree
Monday, November 22, 2021BP has kicked off a hiring campaign.
Saipem Bags Deal Worth Near $1B
Monday, November 22, 2021The deal comprises a SURF EPCI contract for the installation of a rigid riser-based subsea system for Buzios 7.
$15B Aramco Deal Goes Awry
Monday, November 22, 2021Reliance and Saudi Aramco signed a non-binding letter of intent in August 2019.
PD&MS to Create up to 80 Jobs in Aberdeen
Friday, November 19, 2021Back in May, PD&MS announced that it planned to increase its workforce with 75 new hires across Scotland and the UK.
Top USA Rig Owner Tumbles on Profit Squeezing Inflation
Friday, November 19, 2021Helmerich's warning follows similar commentary by America's No. 2 provider of frack pumps.
MOU Signed to Build Scotland Low Carbon Workforce
Thursday, November 18, 2021It is estimated that over 20,000 skilled jobs will be created through the peak of the Scottish Cluster development.
Ironwood Significantly Expands Eagle Ford Shale Footprint
Thursday, November 18, 2021The Ironwood leadership team has assumed management of the Nuevo Midstream Dos assets.
NOG in Permian Expansion with Significant Deal
Thursday, November 18, 2021The effective date for the transaction is October 1 and Northern expects to close the deal in the first quarter of next year.
Halliburton and Cairn Sign MOU
Wednesday, November 17, 2021The alliance will evolve through three distinct stages of conceptual design, conceptual detailing and execution.
Ex-Shell VP Becomes Sound Energy Director
Wednesday, November 17, 2021Bukovics, who will chair the HSE and remuneration and nomination committees under the position, will succeed Richard Liddell.
Woodside CFO Resigns
Tuesday, November 16, 2021Duhe will remain with Woodside into the first quarter of 2022 to ensure a smooth transition of her key responsibilities.
ADNOC Invests Near $6B to Enable Drilling Growth
Tuesday, November 16, 2021The investments, which are described as a record, are in the form of procurement awards to 'top-tier' contractors.
Shell Ditches Dutch from Name
Monday, November 15, 2021Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure.
TotalEnergies Launches Bateke Carbon Sink Project
Sunday, November 14, 2021The project, conducted in partnership with Foret Ressources Management, will see some 40 million trees planted over a period of 10 years.
Baker Hughes Invests in Turquoise Hydrogen
Friday, November 12, 2021Baker Hughes will take an approximately 20 percent stake in Ekona to help advance new project development and commercialization.
Civitas Buys Credits to Offset Carbon Emissions
Friday, November 12, 2021The credits cover emissions from the company's operations and the power and heat it uses, classified as Scope 1 and Scope 2, according to Ben Dell, its chairman.
Canadian Natural to Buy Storm Resources
Friday, November 12, 2021CNRL noted that it will assume Storm's total debt, working capital deficit and other monetary obligations of approximately $186 million.
Exxon Pumping $15B+ Into Lower Emission Initiatives
Wednesday, November 10, 2021A significant share of the spending will be directed towards ExxonMobil's Low Carbon Solutions business.
Petrofac Nets $96MM Petronas Deal
Tuesday, November 09, 2021Petrofac's latest deal is one of several announced recently.
Beach Energy CEO Resigns
Sunday, November 07, 2021Morne Engelbrecht, the company's chief financial officer, has been appointed acting chief executive officer.
BP in Talks to Buy JX Nippon North Sea Oil Field Stake
Friday, November 05, 2021JX Nippon said in May that it was considering selling all its U.K. North Sea assets.
Cairn Changing Name
Friday, November 05, 2021No action from shareholders is required in relation to the change.
McDermott and Shell in Decarbonization Deal
Thursday, November 04, 2021The agreement enables McDermott and Shell to explore opportunities for reducing, and eliminating, emissions from construction.
Exxon Selling Black Sea Gas Stake for $1B+
Wednesday, November 03, 2021The deal hinges on Romgaz SA obtaining approval from shareholders, according to a regulatory statement to the Bucharest Stock Exchange on Tuesday.
Ex-Petrofac Chief Forms New Company
Tuesday, November 02, 2021Venterra Group plc has been created.
Nabors Becomes Chesapeake Preferred Drilling Contractor
Monday, November 01, 2021Nabors said it and Chesapeake are teaming up to further enhance drilling performance.
Saipem and TechnipFMC in SURF Deal
Friday, October 29, 2021Saipem and TechnipFMC said the collaboration will have access to a broad range of SURF products and installation methods.
Maersk Drilling Sells Inspirer Rig
Friday, October 29, 2021The all-cash transaction divests a non-core asset and significantly deleverages Maersk Drilling's balance sheet, Maersk Drilling said.
Var Energi Shareholders Initiating Ownership Review
Thursday, October 28, 2021Var Energi is a full cycle exploration and production company which was established in 2018.
Subsea 7 Bags Very Large Petrobras Award
Tuesday, October 26, 2021The deals, which will be recorded in backlog in the fourth quarter, have a combined value of between $500 million and $750 million.
Aramco Announces Net Zero Aim
Monday, October 25, 2021Aramco highlighted that its announcement complements the Kingdom of Saudi Arabia's aim to reach net zero emissions by 2060.
Rosneft Sells Stake in Vostok Oil
Wednesday, October 20, 2021The deal was approved at a meeting of the Rosneft Board of Directors.
Shell Announces New Directors
Monday, October 18, 2021The new appointments will be effective on October 25.
Louisiana Announces $4.5B Clean Energy Complex
Monday, October 18, 2021Air Products will build, own and operate the megaproject.
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