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Bristow Secures Contract Extension with Perenco UK
Friday, May 25, 2018 Industrial aviation service provider Bristow Group Inc. secures a 3-year contract extension with Perenco UK Ltd.
Apache North Sea Donates to Aberdeen Cancer Support Charity
Friday, May 25, 2018 Cancer support charity Maggie's Aberdeen is set to receive a $100,000 (GBP 75,000) donation from Apache North Sea.
UAE's Mubadala To Take Stake In Subsidiary Of Russia's Gazprom
Thursday, May 24, 2018 Abu Dhabi's state-owned Mubadala Investment Company acquires a 44% stake worth at least $271 million in an oil subsidiary of gas giant Gazprom, the Russian company says.
Inaugural Decom North Sea Awards Winners Revealed
Thursday, May 24, 2018 The winners of the inaugural Decom North Sea Awards have been revealed.
Software Development Company Expects to Create Aberdeen Jobs in 2019
Wednesday, May 23, 2018 Verum Solutions, a software development company which serves the oil and gas industry, expects to create new jobs in Aberdeen by early next year.
Serica Says Awaiting US License For Rhum Field
Tuesday, May 22, 2018 Serica Energy is still awaiting clarity on the impact of the renewal of US sanctions on fields in the North Sea.
Bibby Offshore Secures Multimillion Dollar North Sea Contract
Tuesday, May 22, 2018 Bibby Offshore secures a two-phase multimillion dollar contract with a 'leading' oil and gas company.
Australia's Santos Rejects Harbour Energy's Final $10.8B Takeover Offer
Tuesday, May 22, 2018 Australia's Santos terminates discussions with Harbour Energy.
Focus On: Capital Budget Annoucements
Australia's Santos Gets Final Sweetened $10.8B Bid From Harbour Energy
Monday, May 21, 2018 U.S.-based Harbour Energy makes a final offer of $10.8 billion for Australia's Santos Ltd, hiking its bid for a fifth time in nine months.
Simmons Edeco Wins Multi-Million Dollar Deal with 'Major' N.Sea Operator
Monday, May 21, 2018 Oilfield services company Simmons Edeco secures a multi-million dollar contract with a 'major' North Sea oil and gas operator.
UK's Petrofac Awarded More Than $1.7B New Orders This Year
Friday, May 18, 2018 Oilfield service firm Petrofac Ltd secures more than $1.7 billion of new orders so far this year.
Ophir Energy CEO Steps Down
Friday, May 18, 2018 Ophir Energy plc announces that Nicholas Cooper, its current chief executive officer and executive director, has stepped down from the board with immediate effect.
Union Jack Oil 'Delighted' By BEIS Statement on UK Shale Industry
Friday, May 18, 2018 The executive chairman of Union Jack Oil plc says the company was 'delighted' by the Secretary of State for Business, Energy and Industrial Strategy's recently released written statement on UK shale.
BP Is Said in Talks for Conoco's UK Field Stake in Swap
Friday, May 18, 2018 BP and ConocoPhillips are in discussions for an asset swap deal, according to sources.
Australia's Santos Gets $10.4B Bid From Harbour; Investors May Want More
Thursday, May 17, 2018 U.S. investment fund Harbour Energy formalises its $10.36 billion bid for Australia's Santos Ltd on Thursday but fails to sweeten its offer.
Faroe Petroleum Completes Fenja Stake Sale
Thursday, May 17, 2018 Faroe Petroleum plc completes the sale of its 17.5% working interest in the Fenja development, located in PL586 in the Norwegian Sea.
Norway Says Not Happy With Gazprom-OMV Asset Swap Deal - Oil Minister
Wednesday, May 16, 2018 Norway is not happy with the asset swap deal between Austria's OMV and Gazprom that would give the Russian gas giant access to the Norwegian continental shelf.
Russia's Rosneft Looks To Vietnam Experience To Help Global Expansion
Tuesday, May 15, 2018 With sanctions barring Russia's largest oil producer from offshore extraction with Western companies, Rosneft is looking to its operations in Vietnam for the experience needed to expand its global reach.
Santos Suitor Harbour Works With Target's Top Shareholders To Seal Takeover
Tuesday, May 15, 2018 Santos Ltd's suitor Harbour Energy says it is working with its target's top shareholders toward sealing a takeover offer for the Australian gas producer.
XTO Energy Closes Headquarters; Relocates Hundreds to Houston
Tuesday, May 15, 2018 More than 1,000 XTO Energy employees will relocate to Houston after the company closes the doors to its Fort Worth headquarters this summer.
Proserv Completes Financial Restructuring, CEO Steps Down
Monday, May 14, 2018 Proserv completes a financial restructuring, which it says has strengthened its long-term plans.
Ophir Energy Enters Into Equatorial Guinea Farm-Out Deal with Kosmos Energy
Monday, May 14, 2018 Ophir Energy plc enters into a farm-out agreement with Kosmos Energy for the EG-24 exploration license in Equatorial Guinea.
Yemen's Houthis Say They Fired Missile At Saudi Aramco Center
Monday, May 14, 2018 Yemen's armed Houthi movement launch a missile at a distribution center belonging to oil giant Saudi Aramco, the group's al-Masirah TV reports.
China's CNPC Ready To Take Over Iran Project If Total Leaves - Sources
Friday, May 11, 2018 China's state-owned energy major CNPC is ready to take over Total's stake in the giant Iranian South Pars gas project if the French company leaves amid newly announced U.S. sanctions, industry sources say.
Wood Group Sees Good Trading Momentum, Amec Integration Ahead Of Schedule
Friday, May 11, 2018 Wood Group Plc sees good trading momentum in Q1 and says its integration of Amec Foster Wheeler is ahead of schedule.
Reach Subsea Hails Workforce Following Statoil Frame Agreement Win
Friday, May 11, 2018 Reach Subsea hails its workforce after securing a 5 year frame agreement with Statoil for inspection, maintenance and repair services.
Japan's Inpex May Drop Bid For Iran's Azadegan Oil Project
Thursday, May 10, 2018 Japan's biggest energy explorer, Inpex Corp, may drop its second attempt to join in developing Iran's South Azadegan oilfield after U.S. President Donald Trump said he will re-impose sanctions on Tehran.
Subsea 7 Wins 'Substantial' 5-Year Statoil Contract
Thursday, May 10, 2018 Subsea 7 S.A. secures a 'substantial' contract with Statoil for the provision of subsea inspection, repair and maintenance services on the Norwegian Continental Shelf.
Serica Evaluating Impact Of Iran Sanctions On British Gas Field
Wednesday, May 09, 2018 Britain's Serica Energy is looking into how renewed sanctions on Iran would impact a British gas field which it operates in partnership with the Iranian Oil Company (UK) Limited.
Total to Sell Retail Business in Haiti
Wednesday, May 09, 2018 Total revealed Wednesday that it has signed an agreement to sell its retail business in Haiti, which consists of a network of 92 service stations and general trade fuel sales operations.
Centrica Chairman to Step Down
Tuesday, May 08, 2018 Centrica plc announces that Rick Haythornthwaite will step down as chairman within the next 12 months.
Energen Profit More Than Triples On Higher Oil Prices
Tuesday, May 08, 2018 Energen Corp reports a first-quarter profit that more than tripled, helped by a surge in production and higher average prices for its oil.
Siemens Makes Deal With German Unions On Job Cuts
Tuesday, May 08, 2018 Siemens agrees in principle with trade unions about its plans to cut jobs and restructure its struggling Power and Gas (PG) and Process Industries and Drives businesses in Germany.
Aker BP Profit Tops Forecast, May Drill More Wells
Monday, May 07, 2018 Aker BP says it may drill more wells this year than previously planned.
Baker Hughes: US Drillers Add Oil Rigs For Fifth Straight Week
Friday, May 04, 2018 US energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year.
Apache Beats Profit Estimates On Higher Crude Prices
Wednesday, May 02, 2018 Apache reports a 32% fall in first-quarter profit as the oil and gas producer failed to benefit from higher crude oil prices due to lower production.
Continental Resources Profit Surges Past Wall Street's Forecast
Wednesday, May 02, 2018 Continental Resources posts a better-than-expected quarterly profit.
BP Profit Beats Estimates, Highest in Years
Tuesday, May 01, 2018 Shareholders react positively to the highest profit in years even as the continuing burden of oil-spill payments push debt higher.
Noble Energy's Sales Volume Forecast Disappoints, Shares Slide
Tuesday, May 01, 2018 Noble Energy's 1Q profit topped analysts' estimates.
Diamond Offshore Posts Smaller-Than-Expected Quarterly Loss
Monday, April 30, 2018 Diamond Offshore Drilling reports a smaller-than-expected quarterly loss.
Aker Solutions Opens Upgraded Aberdeen Site
Friday, April 27, 2018 Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.
EM&I Wins ROSPA Safety Award
Friday, April 27, 2018 EM&I Group wins its second Royal Society for the Prevention of Accidents (ROSPA) President's Award.
Mexican State Oil Company Pemex Turns $6B Profit On Oil Prices
Friday, April 27, 2018 Pemex says its net profit rose 29% in the first quarter compared with the year-earlier quarter.
BP Names Former Statoil Boss Lund As Next Chairman
Thursday, April 26, 2018 BP names Helge Lund, a former head of Norway's Statoil, as its next chairman.
Thailand's PTTEP 1Q Profits Rise, Prepares For Gas Auctions
Thursday, April 26, 2018 PTTEP says 1Q net profit rose 21% as revenue increased on higher energy prices and that it was seeking growth through the acquisition of new assets.
Subsea 7 Says Could Change Offer If McDermott Cooperates
Wednesday, April 25, 2018 Subsea 7 is open to potentially sweetening its $2B offer for McDermott if the US company would work with it to identify additional benefits of a deal, Subsea says.
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.
Norway's Point Resources Looks For Partners In North Sea Fields
Wednesday, April 25, 2018 Energy firm Point Resources has hired investment bank BMO Capital Markets to find a minority partner in some of its oil fields in the North Sea.
Singapore's Sembcorp Marine 1Q Profit Slumps 86%, Outlook Subdued
Wednesday, April 25, 2018 Sembcorp Marine says first-quarter profit fell 86%, and signaled a subdued outlook for orders and business volumes.
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.
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