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Company Operations News

Friday, November 17, 2017

Company Operations News

German Gas Supplier VNG In Talks To Sell Norwegian Energy Business -Sources
German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, 3 banking sources say.

Saipem Secures Onshore Services Deals Worth Around $1B
Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.



Thursday, November 16, 2017

Company Operations News

BHP Eyes Two-Year Exit From Shale; Also Selling Nickel
BHP Billiton hopes to fully divest its troubled U.S. onshore shale business in around 2 years.

Premier Oil Seeking Buyers For Stake In Indonesia Gas Field
Premier Oil is seeking buyers for a 25% stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam.

New Aberdeen Oilfield Services Company Wins First Contract
Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July.

Wentworth Resources Relocating Head Office to London
Wentworth Resources Limited is relocating its head office and executive management team from Calgary, Canada, to London, UK, as part of a 'restructuring process'.



Tuesday, November 14, 2017

Company Operations News

Total Chief Says Would Have To Review Iran Gas Deal If New Sanctions Arose
Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given its interests in the U.S. market, its chief executive told CNN.

UK, Norway Team Up for North Sea Hackathon Events
The Industry Technology Facilitator and Norwegian Energy Partners to host joint technology hackathon events in an effort to tackle operator late life and decommissioning challenges in the North Sea.



Monday, November 13, 2017

Company Operations News

Noble Group Says Jeffrey Frase Resigns As Co-CEO
Commodities trader Noble Group says Jeffrey Frase resigns as co-chief executive officer (CEO) and global head of oil liquids.



Friday, November 10, 2017

Company Operations News

Baker Hughes: US Drillers Add The Most Oil Rigs In A Week Since June
US energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015.

Kenya Offers Bigger Share Of Oil Revenue To Local Communities
Kenya's government has proposed in a draft bill to give 30% of prospective oil revenue to the community where the resource was discovered.

Gambia To Market Oil Blocks Revoked From African Petroleum
Gambia plans to market 2 offshore oil blocks that it revoked from African Petroleum.

Oilfield Services Companies Team Up for New Joint Venture
Oilfield services companies Tasman Oil Tools Group and OLIO Resources Sdn Bhd announce the launch of a new joint venture entity, OLIO Tasman Oil Tools Sdn Bhd.

McDermott Teams in Dubai, Chennai, Al Khobar to Work on 'Major' Contract
Oilfield services company McDermott International Inc's engineering and procurement teams in Dubai, Chennai and Al Khobar will work on a 'major' contract award from a 'Middle East customer'.



Thursday, November 9, 2017

Company Operations News

Aramco Expects To Boost Capital Spending By About 10%
Saudi Aramco expects to increase its capital spending budget by almost 10% in its next financial year.

Russia's Tatneft Says Not In Talks To Sell Entire Company Or Its Part
Tatneft, Russia's mid-sized oil producer, has not been in any kind of talks and does not plan to hold any discussions on selling a part or the entire company, it said in emailed reply to Reuters on Thursday.



Wednesday, November 8, 2017

Company Operations News

UK's Tullow Oil Lifts Outlook On Higher Crude Prices, Output
Tullow Oil raised its production targets on Wednesday thanks to higher output from its flagship West African fields.

OPITO Launches Digital Safety Training Option
OPITO delivers digital safety training to help attract next generation of workers.

SIMMONS EDECO Opens New Base
SIMMONS EDECO opens a new base in Denmark following UK office expansion.



Tuesday, November 7, 2017

Company Operations News

Mexican Oil Regulator Approves First Withdrawal Of Contract
Mexico's oil regulator votes to begin the process of withdrawing an onshore contract.






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