Schlumberger Looks Overseas for Offshore, Exploration Growth
Thursday April 18, 2019 - The company sees growth in the shallow-water markets, followed by an expansion in deepwater spend in 2020.
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Schlumberger Looks Overseas for Offshore, Exploration Growth
Thursday, April 18, 2019 The company sees growth in the shallow-water markets, followed by an expansion in deepwater spend in 2020.
Schlumberger and Halliburton's Fortunes May Be Improving
Wednesday, April 17, 2019 The number of frac crews working in US shale basins hit a new record earlier this month.
Alta Mesa Cuts More Jobs Following Delisting Warning
Wednesday, April 17, 2019 Independent energy company Alta Mesa Resources, Inc. has cut more staff at its Houston facility, just one week after receiving a delisting warning from NASDAQ.
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.
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.
Permian Water Co. Solaris Close to Deal with Driller
Tuesday, April 16, 2019 Solaris Water Midstream LLC is closing in on a deal with another driller as explorers increasingly outsource one of the key components of fracking.
Oceaneering Launches New Engineering Consultancy
Friday, April 12, 2019 Oceaneering International launches a new global engineering consultancy.
Ensco and Rowan Become EnscoRowan
Thursday, April 11, 2019 The companies first announced their merger plans last October.
Callon Petroleum to Sell Non-Core Midland Assets
Wednesday, April 10, 2019 Callon Petroleum Company has entered into a definitive agreement to divest its non-core assets in the Ranger operating area of the Midland Basin for $260 million cash.
Williams Sells 50% Interest in Powder River Basin JV
Wednesday, April 10, 2019 Williams has sold its 50 percent interest in Jackalope Gas Gathering Services LLC to Crestwood Niobrara LLC for $484.6 million cash.
Laredo Petroleum Cuts Staff by 20 Percent
Tuesday, April 09, 2019 The Tulsa, Oklahoma-based independent said the cuts are part of a bigger plan to cut company costs.
Tenaris to Buy IPSCO Tubulars for $1.2B
Monday, March 25, 2019 Steel pipe manufacturer Tenaris S.A. has entered into a definitive agreement to acquire IPSCO Tubulars, Inc. for $1.2 billion.
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.
Williams, CPPIB to Form $3.8B Shale Gas JV
Tuesday, March 19, 2019 Canada Pension Plan Investment Board and Williams have entered into a long-term partnership that will help Williams optimize its midstream operations in the western Marcellus and Utica basins.
Precision Drilling to Sell All Mexico Assets
Monday, March 18, 2019 Precision Drilling is selling five Mexico-based drilling rigs for $48 million.
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.
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.
ExxonMobil Ups Earnings Projection
Wednesday, March 06, 2019 The bullish outlook stems in part from successes in South America and the Permian Basin.
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.
New CEO for Pioneer
Friday, February 22, 2019 Timothy L. Dove will retire as CEO and a board director, effective immediately.
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.
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.
Schlumberger and Rockwell Create Digital Oilfield Solution
Wednesday, February 20, 2019 Schlumberger and Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.
Permian Player May Be Too Big To Sell
Wednesday, February 20, 2019 Consolidation has been a hot topic in the Permian Basin.
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.
Kosmos Founding Partner to Retire
Monday, February 18, 2019 Kosmos Energy's chief exploration officer and founding partner, Brian F. Maxted, has decided to retire from the company.
Harvest Oil & Gas Sells San Juan Basin Assets
Thursday, February 14, 2019 US independent Harvest Oil & Gas is exiting the San Juan Basin, just months after emerging from bankruptcy.
Schlumberger Board Names COO
Friday, February 08, 2019 Olivier Le Peuch takes the COO role immediately.
Chevron Shuffles Senior Leadership
Tuesday, February 05, 2019 Chevron Corporation announces a number of senior leadership appointments.
BP Exceeds Expectations
Tuesday, February 05, 2019 BP joined its Big Oil peers by giving investors a positive surprise.
Shell Pledges To Do It All
Thursday, January 31, 2019 Shell delivers a 'do it all' message.
BHGE Ends 2018 with a $195MM Profit
Thursday, January 31, 2019 The oilfield services giant closes out 2018 with a $195 million profit on nearly $22.9 billion of revenue.
Hillcrest and Xstate Form Strategic Alliance
Wednesday, January 30, 2019 Hillcrest Petroleum signs an MOU with Xstate Resources to jointly pursue oil and gas acquisitions in Canada and onshore US.
SandRidge Energy Names New CEO
Tuesday, January 29, 2019 The Oklahoma City-based shale producer names Paul McKinney as new president and CEO.
Hatch and Ridgemont Seek Permian Assets
Tuesday, January 29, 2019 Newly formed E&P company's management team has acquired approximately $4 billion in assets in past three years.
US Drops 25 Oil and Gas Rigs This Week
Friday, January 18, 2019 This marks the third consecutive week of rig declines for the US.
Shell Appoints New Upstream Director
Thursday, January 17, 2019 Shell appoints Wael Sawan as its new upstream director.
Halliburton Names New Western Hemisphere President
Tuesday, January 15, 2019 The oil services giant has promoted Mark Richard as president for the Western Hemisphere.
WildHorse to Lay Off Staff After Chesapeake Acquisition
Monday, January 14, 2019 WildHorse Resources Management Company will permanently close its Houston office, resulting in almost 100 layoffs.
US Drops Four Oil Rigs This Week
Friday, January 11, 2019 The US oil rig count dropped by four this week, while the country added four gas rigs, keeping the total rig count flat.
Chesapeake to Cut Rigs to Reduce CAPEX in 2019
Thursday, January 10, 2019 The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019.
One of Oil's Highest Paid Execs Taking Pay Cut
Wednesday, January 09, 2019 One of the oil industry's highest-paid executives is taking a pay cut as his company braces for possibly difficult times ahead after its stock plunged last year.
QEP Resources Receives $2B Takeover Bid
Monday, January 07, 2019 Elliott Management Corp. has offered up $2.07 billion in cash for 'undervalued' QEP Resources.
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.
Earthstone Terminates Sabalo Acquisition
Thursday, December 27, 2018 Earthstone Energy and Sabalo Energy have terminated their deal based on poor market conditions.
Kosmos Energy to Relocate to Delaware
Friday, December 21, 2018 Kosmos Energy has filed with the US Securities and Exchange Commission to redomesticate from Bermuda to the US.
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.
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