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Company Operations News

Friday, February 24, 2017

Company Operations News

Petronas, Saudi Aramco To Sign Agreement During Saudi King's Visit
Petronas and Saudi Aramco will sign an agreement during a visit by Saudi Arabia's King Salman to Malaysia, Prime Minister Najib Razak says.



Thursday, February 23, 2017

Company Operations News

Chesapeake Energy Posts Smaller Quarterly Loss
Chesapeake posts a smaller fourth-quarter loss than a year earlier, when it took huge charges to write down the value of some oil and gas assets.

Spain's Repsol Aims To Cut Debt By A Further 16% In 2017
Repsol says it would keep its dividend and investment spending stable in 2017 and pursue cost cuts to reduce debt by a further 16% this year.



Wednesday, February 22, 2017

Company Operations News

Malaysia's Petronas, Saudi Aramco May Sign New Deal On Refinery Project
Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.

Thailand's PTT Interested In Petronas Offshore Gas Stake
Thailand's PTT Pcl is interested in bidding for a stake in the SK316 offshore gas block in Malaysia's state of Sarawak, Chief Executive Thewin Wongwanich says.

PSA Grants Aker BP Consent to Connect Oda to Ula Field
Petroleum Safety Authority Norway grants Aker BP consent to connect the Oda field, located in the Norwegian sector of the North Sea, to the Ula field.



Tuesday, February 21, 2017

Company Operations News

Bhagwan Dryden Reaches Milestone in Safety Case Regime
Bhagwan Marine receives notification from NOPSEMA of acceptance of the Safety Case submitted for the Bhagwan Dryden.

MDT International Enters Partnership to Help Tackle Decommissioning
Global training provider to the oil and gas industry, MDT International, enters into a strategic partnership to help energy businesses plan for decommissioning.

Papua New Guinea LNG Export Plant Seeks To Sell 6 Cargos In Tender
Exxon Mobil's Papua New Guinea liquefied natural gas (PNG LNG) export facility is seeking to sell 6 cargoes in a tender.

Singapore's Proposed Carbon Tax Will Likely Include Refineries
A carbon tax proposed by Singapore on emissions of greenhouse gases from 2019 will likely include the city-state's oil refineries.

CGG Wins DPC Contract in Brunei
Geoscience company CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam.



Friday, February 17, 2017

Company Operations News

S. Korea's SK Energy Buys Russian Urals Crude For First Time In 10 Years
SK Energy has bought Russian Urals crude for the first time in 10 years, a spokeswoman for the parent company of South Korea's top refiner says.

Polish Govt Not Working On Lotos-PKN Merger
The Polish government is not working on a potential merger between the state-run oil companies Grupa Lotos and PKN Orlen.

Santos Sees Caldita-Barossa Gas Investment Decision In Late 2018
Santos Ltd says partners in the Caldita-Barossa gas fields off northern Australia aim to make a final investment decision in the next 2 years on whether to develop the project.



Thursday, February 16, 2017

Company Operations News

Encana Boosts Capital Spending By 50% Amid Oil Recovery
Encana reports a better-than-expected quarterly operating profit, helped by a cash tax recovery.

Seismic Surveyor PGS Sees Higher Demand From Oil Companies, 4Q Lags
Seismic surveyor PGS expects an increase in demand from oil companies in 2017 after years of cutbacks.

Wood Group Appoints New European President
John Wood Group plc appoints Alan Johnstone as the president of its Asset Life Cycle Solutions business in Europe.

Gazprom, CNPC Broaden Strategic Energy Cooperation
Russia's Gazprom agrees to broaden its strategic cooperation in the energy sector with China's CNPC.



Wednesday, February 15, 2017

Company Operations News

Oceaneering Names New CEO
Oceaneering announces Roderick A. Larson to succeed M. Kevin McEvoy as chief executive officer.

Origin To Take A$1.9B Charge On LNG, Exploration Assets
Origin Energy tweaks up its earnings forecast but warns it will book a $1.45 billion charge in its half-year results.






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