Company Operations News for South Asia


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VIDEO: Neptune Completes Seagull Manifold Installation Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
Thursday, November 25, 2021The U.S. is leaving Venezuelan operations of Chevron Corp. at a standstill.

Halliburton Unit Hired to Plug Delta Spill Share your comments
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+ Share your comments
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 Share your comments
Monday, November 22, 2021BP has kicked off a hiring campaign.

Saipem Bags Deal Worth Near $1B Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
Thursday, November 18, 2021The Ironwood leadership team has assumed management of the Nuevo Midstream Dos assets.

NOG in Permian Expansion with Significant Deal Share your comments
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 Share your comments
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 Share your comments
Wednesday, November 17, 2021Bukovics, who will chair the HSE and remuneration and nomination committees under the position, will succeed Richard Liddell.

Woodside CFO Resigns Share your comments
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 Share your comments
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 Share your comments
Monday, November 15, 2021Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure.

TotalEnergies Launches Bateke Carbon Sink Project Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
Wednesday, November 10, 2021A significant share of the spending will be directed towards ExxonMobil's Low Carbon Solutions business.

Petrofac Nets $96MM Petronas Deal Share your comments
Tuesday, November 09, 2021Petrofac's latest deal is one of several announced recently.

Beach Energy CEO Resigns Share your comments
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 Share your comments
Friday, November 05, 2021JX Nippon said in May that it was considering selling all its U.K. North Sea assets.

Cairn Changing Name Share your comments
Friday, November 05, 2021No action from shareholders is required in relation to the change.

McDermott and Shell in Decarbonization Deal Share your comments
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+ Share your comments
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 Share your comments
Tuesday, November 02, 2021Venterra Group plc has been created.

Nabors Becomes Chesapeake Preferred Drilling Contractor Share your comments
Monday, November 01, 2021Nabors said it and Chesapeake are teaming up to further enhance drilling performance.

Saipem and TechnipFMC in SURF Deal Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
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 Share your comments
Wednesday, October 20, 2021The deal was approved at a meeting of the Rosneft Board of Directors.

Shell Announces New Directors Share your comments
Monday, October 18, 2021The new appointments will be effective on October 25.

Louisiana Announces $4.5B Clean Energy Complex Share your comments
Monday, October 18, 2021Air Products will build, own and operate the megaproject.

Total Opens UK Offshore Wind Hub Share your comments
Monday, October 18, 2021The center will utilize the offshore expertise that TotalEnergies has built in Aberdeen, Scotland, over the last 50 years.

Shell-Backed Co Buys Solar Startup Share your comments
Friday, October 15, 2021Nashville, Tennessee-based Silicon Ranch bought Clearloop for an undisclosed amount.

TechnipFMC Bags Substantial Petrobras Deal Share your comments
Thursday, October 14, 2021The company describes a "substantial" deal as being worth between $250 million and $500 million.

Oxy Sells Ghana Assets for $750MM Share your comments
Thursday, October 14, 2021The transactions include Occidental's interests in both the Jubilee and TEN fields.

TC Energy, Nikola in Large Scale Hydrogen Team Up Share your comments
Wednesday, October 13, 2021The companies are actively collaborating to identify and develop projects to establish the infrastructure required to deliver low-cost and low-carbon hydrogen at scale.

Subsea 7 Sets Net Zero Goal Share your comments
Tuesday, October 12, 2021One of Subsea 7's sustainability priorities is to be the partner of choice for the transition of offshore energy towards a sustainable future.

Northern Buys Stakes Across 400 Producing Wellbores Share your comments
Tuesday, October 12, 2021The wellbores are located primarily in Williams, McKenzie, Mountrail and Dunn Counties, ND.

Google Shows Cloud Customers Their Carbon Footprint Share your comments
Tuesday, October 12, 2021Customers can now use a carbon-footprint feature to see the gross emissions associated with their use of the Google Cloud platform.

Neptune Works With Sheltersuit UK Share your comments
Monday, October 11, 2021Neptune Energy has funded the supply of 300 shelterbags and 50 sheltersuits to support the homeless in London and Aberdeen.

Penn Virginia Corp Closes Deal and Plans Renaming Share your comments
Friday, October 08, 2021Penn Virginia Corporation (NASDAQ: PVAC) has closed the acquisition of Lonestar Resources US Inc.

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