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Company Operations News

Wednesday, March 29, 2017   (Today)

Company Operations News

Exxon To Sell Its Norway-Operated Oilfields
Exxon Mobil agrees to sell its operated upstream business in Norway to private equity firm HitecVision and oil company Point Resources for an undisclosed sum.

Mexico, UK Strengthen Ties with 5-Day Subsea Learning Event
Senior figures from Mexico's national oil company, Pemex, strengthen ties with the UK subsea industry with a 5-day subsea learning event in Aberdeen.

First Workers Complete New Industry Training Standard
The first downstream oil and gas workers successfully complete safety-critical training under a new industry standard, OPITO reveals.

Tuesday, March 28, 2017

Company Operations News

PDVSA Said to Be Preparing for Exit of President Del Pino
Petroleos de Venezuela SA is preparing for the departure of its president Eulogio Del Pino.

Schlumberger Says Bought Stake In Rig Firm Borr Drilling
Schlumberger buys a stake in upstart rig operator Borr Drilling.

Petrofac Wins $1.3B Contract In Kuwait
Petrofac Ltd says Kuwait Oil Co had awarded the company a $1.3 billion engineering, procurement and construction contract for the Burgan oil field in south-east Kuwait.

Scottish Offshore Service Provider Praised by Charity Group
Trinity International Services, a Scottish independent offshore catering provider, has been named as one of Scottish charity Erskine's 100 Heroes for 100 Years.

INPEX to Reorganize Natural Gas Business Division
INPEX Corporation will reorganize its natural gas business operations in Japan in a bid to strengthen them.

Sparrows Group Teams in Australia to Deliver Ichthys Services Contract
Sparrows Group has secured a three year contract to deliver fixed crane maintenance and lifting and rigging services for the INPEX-operated Ichthys liquefied natural gas (LNG) project in Australia.

Monday, March 27, 2017

Company Operations News

Petrobras Board Extends CEO Parente's Term Until March 2019
Petrobras' board votes to extend Chief Executive Pedro Parente's term for two years, until March 2019.

Iran's Rouhani Signals Expansion In Energy Cooperation With Russia
Iranian President Hassan Rouhani says Tehran welcomes Russian investment in its gas and oil fields, signalling major developments in energy cooperation between the 2 countries.

Software Developer Mltech Completes First Training Contract in Shetland
Specialist software developer, mltech, completes its first training contract in Shetland for engineering company Ocean Kinetics.

Friday, March 24, 2017

Company Operations News

Russian Private Oil Companies Swing Behind Output Cuts
Russia's private oil producers are ditching their scepticism and lining up behind an extension of a global deal to cut output after previous oil price increases compensated for lost income.

First Oil For Long-Awaited Myanmar Pipeline To China Delayed Again
A long-awaited pipeline that would allow overseas oil to be pumped through Myanmar and into China for the first time has been delayed again.

Serbian Oil Firm NIS Appoints New Chief After Run Of Weak Profits
Serbian oil firm NIS, majority owned by Russia's Gazprom Neft, has appointed its new top executive.

Thursday, March 23, 2017

Company Operations News

Algeria's Sonatrach to Invest $50 Billion, Boost Oil Output
Sonatrach Group plans to boost crude output by 14% in the four years to 2019 and invest billions of dollars in exploration.

Shell Reluctant To Part With California Refinery Amid Asset Sale
Royal Dutch Shell is in talks with several potential buyers for its refinery outside of San Francisco, but the Anglo-Dutch oil giant is reluctant to part with its last asset in California.

Top Asian LNG Buyers Form Alliance To Push For Flexible Contracts
3 of Asia's top buyers of liquefied natural gas (LNG) agree to work together to secure more flexible contracts when buying the commodity.

CNPC Sees Fourth Leg Of Shaanxi-Beijing Pipeline Operational In October
China National Petroleum Corp expects the fourth leg of the Shaanxi to Beijing pipeline to be operational in October.

Repsol Chooses Atlas for Onshore, Offshore Consultant Provision
Repsol chooses Atlas Professionals as the preferred supplier for the provision of onshore and offshore technical consultants.

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