Company Operations News for Mediterranean/N. Africa


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Schlumberger May Choose Current COO as Next CEO
Tuesday, April 16, 2019 Schlumberger Ltd.'s board is leaning toward picking Chief Operating Officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.

Chevron Cuts Staff in 2018
Tuesday, April 16, 2019 Chevron Corporation further reduced its headcount in 2018, according to the company's latest annual report.

Oceaneering Launches New Engineering Consultancy
Friday, April 12, 2019 Oceaneering International launches a new global engineering consultancy.

Total Increases Workforce by 6 Percent
Friday, March 22, 2019 Total increased its global workforce by six percent in 2018, the company's latest registration document has revealed.

Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019 The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.

BP Hopes Young Recruits Can Make Oil Cool Again
Tuesday, March 19, 2019 Some Big Oil companies are turning to younger hires for insight on competing with tech for talent.

Algeria NOC Enlists WorleyParsons' Help to Boost Output
Friday, March 15, 2019 Sonatrach wants to command a Top 5 NOC position.

Equinor Makes Close to 1,000 New Hires in 2018
Friday, March 15, 2019 Equinor made 905 new hires in 2018, according to the company's latest annual report.

Petrofac Secures $1B EPC Contract
Thursday, March 14, 2019 Petrofac has been awarded a contract worth around $1 billion by Groupment Isarene for engineering, procurement and construction services relating to the Ain Tsila development project in Algeria.

Shell CEO's Pay More Than Doubles in 2018
Thursday, March 14, 2019 Royal Dutch Shell CEO Ben van Beurden's total pay, including pension, more than doubled in 2018 compared to 2017.

$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.

Deepwater Egypt Contract Goes to ADES-Vantage JV
Friday, March 08, 2019 The Tungsten Explorer drillship. PHOTO SOURCE: Vantage Drilling International

Digital Platforms Offer Oil, Gas Workforce Solutions
Tuesday, March 05, 2019 Lloyd's Register executive shares why automation and digitalization are key for oil and gas companies to combat an aging workforce and aging assets.

Ensco and Rowan Merger Given Final Approval
Thursday, February 21, 2019 More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.

Ophir Adviser Joins Efforts to Disrupt Takeover
Thursday, February 21, 2019 One of Ophir Energy's earliest investors is adding to pressure the exploration company is facing over a takeover plan.

OPITO Appoints Ex-Transocean Manager
Tuesday, February 19, 2019 Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

BP Exceeds Expectations
Tuesday, February 05, 2019 BP joined its Big Oil peers by giving investors a positive surprise.

Chevron Shuffles Senior Leadership
Tuesday, February 05, 2019 Chevron Corporation announces a number of senior leadership appointments.

Shell Pledges To Do It All
Thursday, January 31, 2019 Shell delivers a 'do it all' message.

Shell Appoints New Upstream Director
Thursday, January 17, 2019 Shell appoints Wael Sawan as its new upstream director.

Halliburton's Lesar Exits After 25 Years
Thursday, January 03, 2019 Dave Lesar stepped down as chairman of Halliburton, ending a 25-year run with the oil-services giant.

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble has racked up new contracts in the US Gulf, Australia and South America.

Saipem Reveals Extent of Cyber Attack
Thursday, December 13, 2018 The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

Transocean Acquires Ocean Rig
Wednesday, December 05, 2018 Transocean reports that it has completed its acquisition of Ocean Rig UDW Inc.

University Launches Growth Program for Energy Firms
Wednesday, November 14, 2018 Robert Gordon University is launching a program to support businesses within the energy sector to accelerate their growth.

Shell Produces One of Its Strongest Ever Quarters
Thursday, November 01, 2018 Shell's CEO announced Thursday that good operational delivery across all Shell businesses produced one of the company's strongest ever quarters.

Saudi Aramco Signs Deals Worth Over $34B
Wednesday, October 24, 2018 Saudi Aramco signs 15 Memoranda of Understanding and strategic and commercial collaborations valued at more than $34 billion.

Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.

OGCI Sets First Collective Methane Target
Tuesday, September 25, 2018 The Oil and Gas Climate Initiative has set its first collective methane target for member companies.

BP Launches Skills Refinery to Improve Student Employability
Friday, September 21, 2018 BP launches the Skills Refinery, a new global online portal that aims to improve students' employability.

SDX Energy in Discussions to Acquire Egypt Asset Package from BP
Friday, September 21, 2018 SDX Energy confirms that it is in discussions for the acquisition of a 'significant package of assets' in Egypt from BP.

Shell Outlines Methane Emissions Intensity Target for O&G Assets
Monday, September 17, 2018 Royal Dutch Shell plc announces a target to maintain methane emissions intensity below 0.2% by 2025.

Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Wednesday, September 05, 2018 Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.

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.

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.

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.

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.

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.

Atkins Secures New Framework Contract with BP Global Wells Organization
Monday, June 25, 2018 Atkins, a member of the SNC-Lavalin Group, secures a 5-year framework contract with the BP global wells organization for global riser analysis services.

Libya's NOC Confirms LNA Control Of Oil Ports, Hopes For Quick Restart
Friday, June 22, 2018 The head of Libya's National Oil Corporation confirms that Khalifa Haftar's Libyan National Army has regained control of the key oil ports of Ras Lanuf and Es Sider.

Total Says Libya's NOC Knew Of Plans To Buy Marathon's Business
Wednesday, April 25, 2018 Total says it had informed Libya's authorities of plans to acquire Marathon Oil's stake in the Waha field.

EM&I: Local Staff 'Key' to Success of Overseas Bases
Monday, April 23, 2018 Employing a local staff majority as soon as possible has been 'key' to the success of EM&I Group's overseas bases, the international asset integrity specialist reveals.

Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.