Fri, 21 Oct 2016 00:00:00 GMTOilfield services company Petrofac Limited has appointed Alastair Cochran as the company's new chief financial officer and executive director, succeeding Tim Weller.
Fri, 21 Oct 2016 00:00:00 GMTShell will sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada for a total consideration of approximately $1.037B.
Fri, 21 Oct 2016 00:00:00 GMTOffshore services provider Sea Trucks Group secures a contract award from an unnamed oil major in West Africa.
Fri, 21 Oct 2016 00:00:00 GMTAker Solutions agrees to buy 70% of Brazilian C.S.E. Mecanica e Instrumentaçao Ltda.
Fri, 21 Oct 2016 00:00:00 GMTThe chief executive of Schoeller-Bleckmann Oilfield Equipment said on Friday it was fair to say that a bottom has been reached in the oil industry, pointing to rising rig counts.
Thu, 20 Oct 2016 00:00:00 GMTBHP Billiton Chairman Jac Nasser says he will not seek re-election at next year's annual general meeting.
Thu, 20 Oct 2016 00:00:00 GMTOilfield services firm Subsea 7 S.A. secures a "substantial" services contract offshore Egypt, worth between $150-300 million, from Pharaonic Petroleum Company.
Thu, 20 Oct 2016 00:00:00 GMTThe environment for getting deals done in oil and gas is better now than it was a year ago says Woodside Petroleum's Chief Financial Officer Lawrie Tremaine.
Wed, 19 Oct 2016 00:00:00 GMTMX Oil announces that PR Oil and Gas Limited, the holder of its investment in OML 113, has received $1.2 million from the sale of the first production of oil from the Nigerian Aje Field.
Wed, 19 Oct 2016 00:00:00 GMTIndependent oil and gas company Faroe Petroleum has announced plans to increase its net capital expenditure for production assets in 2017.
Wed, 19 Oct 2016 00:00:00 GMTHalliburton posts a surprise quarterly profit, helped by higher cost cuts, and says it expected a rise in oil prices to boost rig counts.
Wed, 19 Oct 2016 00:00:00 GMTShell is currently offering 16 assets worth more than $500 million for sale as part of its vast $30 billion three-year asset sales program.
Wed, 19 Oct 2016 00:00:00 GMTCluff Natural Resources plc announces a "substantial" increase in the prospective resources for its wholly owned P2248 (Block 43/11) license, located in the Southern North Sea gas basin.
Tue, 18 Oct 2016 00:00:00 GMTPemex approves a joint venture for two shallow water fields in the Gulf of Mexico, the firm says.
Tue, 18 Oct 2016 00:00:00 GMTDNV GL has called on oil and gas companies to team up for a joint industry safety project, after investigating over 2,000 incidents and failures globally and identifying a number of data trends.
Tue, 18 Oct 2016 00:00:00 GMTPapua New Guinea-focused Oil Search reports a 16% rise in 3Q revenue over the previous quarter, thanks to a rise in oil and gas prices and higher volumes.
Mon, 17 Oct 2016 00:00:00 GMTCzech energy group EPH agrees to sell a 30% stake in its EP Infrastructure (EPIF) unit to an investor group led by Macquarie Infrastructure and Real Assets.
Mon, 17 Oct 2016 00:00:00 GMTSinochem International Corp, a unit of state-owned Sinochem Group, says it has received no information regarding a proposed merger of its parent company with rival ChemChina.
Sat, 15 Oct 2016 00:00:00 GMTRosneft CEO Igor Sechin says his company will invest around $12.9 billion in India's Essar Oil.
Fri, 14 Oct 2016 00:00:00 GMTOceaneering is partnering with PacStar to deliver Internet of Things technology to help oil and gas companies stream and manage offshore data.