Company Operations News


Results 50 articles shown

Sparrows Group Secures Five Year Contracts with TAQA
Wednesday, February 21, 2018 Sparrows Group secures 2 five-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf assets.

Austrian Oil And Gas Firm OMV Plans To Grow Via Takeovers -CEO
Wednesday, February 21, 2018 Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs.

Oil Producer EQT Corp To Spin Off Midstream Operations
Wednesday, February 21, 2018 Oil and gas producer EQT Corp will separate its upstream and midstream businesses, finally giving in to months of investor pressure.

Concho Resources Tops Profit Estimates
Tuesday, February 20, 2018 Concho Resources posts a better-than-expected quarterly profit, helped by higher crude prices.

OGTC Launches Events to Inspire Culture of Innovation in Scotland
Monday, February 19, 2018 The Oil & Gas Technology Centre launches a series of weekly events to help inspire a culture of innovation in the North-East of Scotland.

Eni Holds Out Promise Of Richer Returns As Profits Soar
Friday, February 16, 2018 Eni says it could create 'substantial surplus value' for shareholders in the future after 4Q profits more than double and beat forecasts.

Neptune Energy Completes Engie E&P International Transaction
Friday, February 16, 2018 Neptune Energy Group completes the acquisition of Engie E&P International SA.

Bravo Target Safety to Create up to 500 Jobs in Coming Months
Friday, February 16, 2018 Bravo Target Safety says it will be creating up to 500 employment opportunities in the coming months.




Enbridge To Double Asset Sales, Targets About C$8B, Sources Say
Thursday, February 15, 2018 Enbridge plans to accelerate its divestment program by selling assets.

UK's Tullow Oil Names New Head Of Ghana Operations
Thursday, February 15, 2018 Tullow Oil names new lead for its Ghana operations.

Marathon Oil Profit Beats Forecasts On Rising Crude, Cost Cuts
Wednesday, February 14, 2018 Marathon Oil Corp posts a better-than-expected adjusted quarterly profit.

Services Firm Kvaerner to Invest Millions in New Norwegian Quay
Tuesday, February 13, 2018 Services firm Kvaerner plans to invest $46.8 million in a new quay at its facility at Stord in Norway.

Malaysia Renews Petronas CEO's Contract For Another Three Years
Tuesday, February 13, 2018 The Malaysian prime minister's office re-appoints Wan Zulkiflee Wan Ariffin as the chief executive officer of state energy firm Petroliam Nasional Bhd, or Petronas, for a second 3-year term.

Occidental Petroleum Profit Matches Street Forecast; Shares Slip
Tuesday, February 13, 2018 Occidental Petroleum Corp posted a quarterly profit that met - but did not exceed - Wall Street's expectations.

Filing: Vallourec Drilling Products Cuts About 150 Jobs In Texas
Tuesday, February 13, 2018 Vallourec Drilling Products will lay off roughly 150 employees in Texas, according to a regulatory filing.

Faroe Petroleum Agrees to Sell Stake in Norwegian Sea Development
Monday, February 12, 2018 Faroe Petroleum plc to sell part of its stake in the Norwegian Sea's Fenja development to Suncor Energy Norge AS.

Aberdeen Services Company Experiencing 'Strong' Start to 2018
Monday, February 12, 2018 TWMA is experiencing a 'strong' start to 2018, particularly in the North Sea.

Wood Hired to Support Saudi Aramco 'Mega Project'
Monday, February 12, 2018 Wood is hired to support Saudi Aramco in the delivery of one of its 'mega projects' in the Kingdom of Saudi Arabia.

Cluff Natural Resources Chairman to Step Down from CEO Role
Monday, February 12, 2018 Cluff Natural Resources chairman and CEO, Algy Cluff, will step down as CEO.

Ocean Installer Bags First Job In Mauritania
Friday, February 09, 2018 Norway-headquartered subsea services company, Ocean Installer (OI), has won its first job in Mauritania.

Shell's Cougar Platform Becomes Artificial Reef
Friday, February 09, 2018 The Cougar platform in the Gulf of Mexico has become an artificial reef, after safely producing more than 31 million barrels of oil equivalent over a span of nearly two decades.

Fred. Olsen Energy Talking To Lenders Over Some Financial Commitments
Friday, February 09, 2018 Rig firm Fred. Olsen Energy is in discussions with its creditors about some of its financial commitments.

Thailand To Hold Auction Of Erawan, Bongkot Gas Fields In March
Friday, February 09, 2018 Thailand expects to hold auctions for two gas fields this March after terms are approved.

France's Total Lifts Shareholder Rewards As Profit Jumps
Thursday, February 08, 2018 Higher production drove a 28% rise in net profit at Total last year.

Abu Dhabi's TAQA Swings To Annual Profit, Helped By Higher Oil Prices
Thursday, February 08, 2018 Abu Dhabi National Energy Co. (TAQA) swings to an annual profit after a loss in 2016.

Algeria's Sonatrach To Invest $56 Bln From 2018 To 2022 - CEO
Thursday, February 08, 2018 Algerian state energy firm Sonatrach will invest $56 billion from 2018 to 2022, its chief executive said on Thursday.

DNO to Increase KRI Spending by 50%
Thursday, February 08, 2018 DNO ASA will increase spending in the Kurdistan Region of Iraq by 50% in 2018 to $250 million.

New Oil, Gas Production Technology Business Launched
Thursday, February 08, 2018 Services company FrontRow Energy Technology Group launches a new oil and gas production technology business.

Wood Secures North Sea Industrial Services Contract
Thursday, February 08, 2018 Wood wins a new contract with Bluewater to provide industrial services to the Haewene Brim floating production storage and offloading facility in the UK North Sea.

Statoil Raises Dividend And CAPEX As Oil Sector Picks Up
Wednesday, February 07, 2018 Statoil will raise its dividend, investments and exploration spending in 2018.

Bibby Offshore Secures Greater Dunlin Area Decom Contract
Wednesday, February 07, 2018 North Sea oil and gas operator, Fairfield Energy, awards Bibby Offshore a contract for the subsea infrastructure decommissioning of the Greater Dunlin Area.

Sparrows Group Secures North Sea Services Deal
Wednesday, February 07, 2018 Engineering services company, Sparrows Group, secures a 3-year contract with Repsol Sinopec Resources UK Limited to provide crane management services across its operating assets in the North Sea.

Tullow Swings Into Profit As Focus Shifts To Kenya
Wednesday, February 07, 2018 Tullow Oil swung back into profit in 2017 after 3 years in the red.

Midstates Petroleum Offers To Merge With Sandridge Energy
Tuesday, February 06, 2018 Midstates Petroleum Company Inc seeking to merge with larger rival SandRidge Energy Inc in an all-stock deal.

Aberdeen Harbour Board Appoints New Chief Executive
Monday, February 05, 2018 Aberdeen Harbour Board appoints Michelle Handforth as its new chief executive, effective immediately.

OGTC, ITF Agree on Merger
Monday, February 05, 2018 The Oil & Gas Technology Centre and the Industry Technology Facilitator agree to merge.

Xodus Group Hires General Manager for First Egypt Office
Monday, February 05, 2018 Xodus Group appoints a general manager for its first office in Egypt as the company 'aims to build on its track record in the country and target upcoming new contracts'.

Hess Posts 13th Straight Quarterly Loss; Shares Dive
Monday, February 05, 2018 Hess posts its 13th straight quarterly loss as ballooning expenses offset rising crude prices, sending shares down nearly 5%.

Australia's AWE Raises Concerns Over Chinese Co's Bid With Takeovers Panel
Friday, February 02, 2018 Takeover target AWE Ltd raises concerns over a bid for the company by state-owned China Energy Reserves and Chemical Group.

Gullkronen 2018 Winners Announced
Friday, February 02, 2018 Rystad Energy reveals the winners for the tenth anniversary of the Gullkronen awards.

Ocean Installer Secures 'Substantial' Contract with Statoil
Friday, February 02, 2018 Ocean Installer wins a 'substantial' contract with Statoil ASA for marine operations on the Johan Castberg project in the Barents Sea.

Portugal's Partex Owner In Talks To Sell Oil And Gas Firm
Friday, February 02, 2018 Portugal's Calouste Gulbenkian Foundation is in talks to sell its fully-owned oil and gas business Partex.

Aker BP Q4 Core Profit Lags Market Expectations
Friday, February 02, 2018 Norway's Aker BP posts a 5% rise in 4Q core profit on Friday, lagging market expectations.

North-East Entrepreneur Looks to Link Scotland, Asia in New Venture
Thursday, February 01, 2018 North-East entrepreneur Mark Skinner spearheads a new venture designed to make market entry into southeast Asia easier for Scottish and UK firms.

ConocoPhillips Swings To Profit, Helping Boost Dividend, Buyback
Thursday, February 01, 2018 ConocoPhillips swings to a quarterly profit due in part to rising crude prices.

China's CNOOC Plans To Raise Capex By At Least 40% In 2018, Lift Output
Thursday, February 01, 2018 CNOOC plans to ramp up spending by at least 40% in 2018, as well as raise production, thanks to a more 'suitable' oil price.

ExxonMobil Names MetLife CEO Kandarian To Its Board
Thursday, February 01, 2018 ExxonMobil names MetLife Inc Chief Executive to its board of directors.

Shell Says To Sell Its Stake In Thai Bongkot Fields To PTTEP For $750MM
Wednesday, January 31, 2018 Shell will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production PCL.

Statoil Quits Talks Over Stake In Mozambique Offshore Gas Block
Monday, January 29, 2018 Statoil pulls out of negotiations to take a 25.5% stake in a gas block off Mozambique.

ExxonMobil $50B Bonanza Returns Spending to Pre-Rout Level
Monday, January 29, 2018 ExxonMobil is set to spend $50 billion over the next half decade in a return to the oil giant's spending habits before crude suffered.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination.For more articles, please perform an Advanced Article Search.