Company Operations News

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US Drilling Companies Announce Merger Agreement
Friday, July 20, 2018 Independence Contract Drilling Inc. and Sidewinder Drilling LLC have entered into a definitive merger agreement.

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.

Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.

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.

BGP Secures $1.6B ADNOC Seismic Survey Work
Thursday, July 19, 2018 ADNOC awards contracts worth $1.6 billion to a China National Petroleum Company (CNPC) affiliate for 'the world's largest continuous 3D onshore and offshore seismic survey'.

BHP: Exit Process for Onshore US Assets Progressing to Plan
Wednesday, July 18, 2018 BHP says the exit process for its onshore US assets is 'progressing to plan'.

Tullow Oil To Shoulder Kosmos' $65MM Burden Over Ghana Rig Dispute
Wednesday, July 18, 2018 Tullow Oil has to cover nearly $65 million of costs linked to a canceled rig contract in Ghana.

Wood Appoints Chief Technology Officer
Tuesday, July 17, 2018 Wood appoints Darren Martin as its chief technology officer, a newly created role within the company.

Aker BP Appoints New Exploration SVP
Monday, July 16, 2018 Aker BP announces Monday that it has appointed Evy Glørstad-Clark as its new exploration SVP.

China Willing To Invest $3B In Nigerian Oil Operations - NNPC
Monday, July 16, 2018 China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.

Shell Seeks Semisub for Trinidad and Tobago Campaign
Monday, July 16, 2018 Shell plans to launch an offshore Trinidad and Tobago drilling campaign in 2019.

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.

Maersk Drilling Secures 2 North Sea Contract Extensions
Friday, July 13, 2018 Maersk Drilling secures contract extensions for the Maersk Resolute and Maersk Resolve jack-up rigs.

Automation in Oil and Gas: An Ally, Not an Enemy
Friday, July 13, 2018 Automation can be a solution to the problem of an ageing workforce.

Chevron Taps Geologist Insider to Head Brazil Operations
Friday, July 13, 2018 Chevron, which had global revenues of $135 billion in 2017, has been growing its presence in Brazil.

Weatherford to Sell Drilling Rigs Business in Kuwait, Saudi Arabia, Algeria
Thursday, July 12, 2018 A subsidiary of Weatherford signs a definitive agreement with ADES International Holding for the sale of Weatherford's land drilling rig operations in Algeria, Kuwait and Saudi Arabia.

Equinor: Njord Bravo FSU Now Docked in Norway for Refurbishment
Monday, July 09, 2018 Equinor confirms that the Njord Bravo floating storage unit has now docked at Aibel's yard in Haugesund, Norway.

Australia Regulator Finds Safety Problems On Inpex Offshore Gas Platform
Monday, July 09, 2018 An Australian regulator says it has found some safety problems on the offshore gas platform for Japanese firm Inpex Corp's Ichthys LNG project off northern Australia.

CNPC To Sign Oil Exploration, Refining Pact With ADNOC This Month - Sources
Friday, July 06, 2018 CNPC is expected to sign a preliminary agreement with ADNOC later this month to invest in oil and gas exploration and refinery projects, sources with knowledge of the matter say.

Spirit Energy to Take on Operatorship of UK North Sea Babbage Field
Friday, July 06, 2018 Spirit Energy Limited reaches an agreement with its joint venture partners in the Babbage field to take on operatorship of the license, where it holds a 13% interest.

Preparations for Listing Aramco Stalled - WSJ
Thursday, July 05, 2018 Public listing preparations of Saudi Aramco have stalled, the Wall Street Journal reported.

New Decommissioning Leadership Group Formed
Wednesday, July 04, 2018 Decom North Sea forms a new Decommissioning Leadership Group.

Chevron Initiates Process of 'Marketing' All UK Central North Sea Assets
Wednesday, July 04, 2018 Chevron has taken a decision to initiate the process of marketing all its UK Central North Sea assets, a company spokesperson has revealed.

Aker Solutions Secures Perenco UK Services Contract Extension
Wednesday, July 04, 2018 Aker Solutions secures a 3-year contract extension, with two one-year options, from Perenco UK to continue operations and maintenance services on its southern North Sea assets.

PSAN Grants Equinor Consent to Use Deepsea Atlantic on Utgard
Wednesday, July 04, 2018 Petroleum Safety Authority Norway (PSAN) gives Equinor Energy AS its consent to use the Deepsea Atlantic mobile drilling facility on the Utgard field in production licenses 046E and 046F.

Brazil's Petrobras, China's CNPC Sign Letter Of Intent
Wednesday, July 04, 2018 Petroleo Brasileiro SA says it has signed a letter of intent with China National Petroleum Corp (CNPC).

SBM Offshore Wins FEED Work for Second Liza FPSO
Tuesday, July 03, 2018 SBM Offshore secures contracts to perform Front End Engineering and Design (FEED) work for a second Floating Production, Storage and Offloading vessel (FPSO) for the Liza development.

Tullow Told To Pay Seadrill $254MM Over Ghana Dispute
Tuesday, July 03, 2018 A London judge orders Tullow Oil to pay rig owner Seadrill around $254 million.

Eni Norge, Point Resources to Merge into Var Energi AS
Monday, July 02, 2018 Italy based energy company Eni and private equity investor HitecVision announce Monday an agreement to merge Point Resources AS into Eni Norge AS.

Offshore Safety Awards Finalists Announced
Monday, July 02, 2018 The finalists for this year's Offshore Safety Awards, jointly organized by industry body Oil & Gas UK and Step Change in Safety, have been announced.

TechnipFMC Wins Offshore Angola Contract
Monday, July 02, 2018 TechnipFMC wins contract for $1.2 billion, nine-well subsea development.

Seadrill Emerges From Chapter 11 Bankruptcy
Monday, July 02, 2018 Seadrill says it successfully completed its reorganization, emerging from a US Chapter 11 bankruptcy process launched last September.

Fogelberg 'Shaping Up' to be Spirit's Next Operated Development
Friday, June 29, 2018 Spirit Energy says the Fogelberg project is 'shaping up' to be the company's next operated development.

Decom Joint Venture Launches New Name
Friday, June 29, 2018 The 50:50 decommissioning joint venture between Maersk Drilling and Maersk Supply Service launches its new name.

Petrofac Marks 20-Year Academy Partnership By Welcoming Aberdeen Pupils
Friday, June 29, 2018 Petrofac marks its 20-year partnership with Kincorth Academy this week by welcoming pupils for a week of activities.

Malaysia's Sapura Energy Makes First-Quarter Loss
Friday, June 29, 2018 Malaysia's largest oil and gas services firm Sapura Energy Bhd reports a loss in Q1,.

Sandridge To Explore Strategic Options, Including Sale
Friday, June 29, 2018 U.S. shale oil producer SandRidge Energy Inc says it plans a strategic review of its business that could include a sale of the company or some of its assets.

Petrobras Could Raise $28B Selling Stake In Key Offshore Area-Minister
Thursday, June 28, 2018 Petroleo Brasileiro SA could raise around $28 billion by selling a big stake in a key offshore oil area if Congress passes a bill allowing such a move, Brazil's Mining and Energy Minister says.

Students from Aberdeen, Angus Visit Oil, Gas Companies
Thursday, June 28, 2018 Secondary students from Aberdeen and Angus are visiting several oil and gas companies as part of OPITO's three-day Industry Awareness program.

Saudi Aramco Signs Deal To Make Onshore Oil Rigs, Equipment
Thursday, June 28, 2018 audi Aramco signed a deal with National Oilwell Varco Inc. (NOV) to form a joint venture.

Shell Hands Over Iraq's Majnoon Oilfield - Oil Officials
Wednesday, June 27, 2018 Royal Dutch Shell exits the Majnoon oilfield in southern Iraq.

Petrofac Posts Higher Orders As Demand Picks Up
Tuesday, June 26, 2018 Oilfield services firm Petrofac Ltd reports a 5.9% increase in new orders.

Activist Investor Icahn Raises Stake In Oil Producer Energen
Tuesday, June 26, 2018 Activist investor Carl Icahn boosts his stake in Energen Corp, a filing shows on Tuesday.

African Petroleum Seeks Arbitration As Senegal Talks Break Down
Monday, June 25, 2018 African Petroleum is requesting legal arbitration in a dispute over oil and gas exploration licenses in Senegal after negotiations with authorities broke down, the Oslo-listed company says.

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.

Shell, Exxon Not To Seek Compensation For End Of Groningen Gas Production
Monday, June 25, 2018 Shell and Exxon will not submit a claim for missed revenue due to the Dutch government's decision to halt gas production at the Groningen field by 2030, the Dutch ministry of Economic Affairs says.

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.

Shell Completes $750MM Offshore Thai Field Stake Sale
Thursday, June 21, 2018 Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd complete the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand.

Analysts: SDX Energy 2018 Drilling Program 'Very Successful'
Thursday, June 21, 2018 SDX Energy Inc's 2018 drilling program has been 'very successful' to date, according to oil and gas analysts at Cantor Fitzgerald Europe.

Qatar May Increase Stake In Rosneft, But No Current Plans
Thursday, June 21, 2018 Qatar may consider increasing its stake in Rosneft at some point but there are no immediate plans to do so, Faisal Alsuwaidi, a Qatari representative on the Rosneft board of directors, says.

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