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Company Operations News

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.

Ezra Says It Faces Court Application To Wind Up Unit Of Subsea JV
Ezra Holdings Ltd says a creditor of a business owned by an Ezra joint venture had filed a court application requesting that the JV's subsidiary be wound up.



Tuesday, February 14, 2017

Company Operations News

Anadarko and Freeport-McMoRan Cut Jobs in Texas
Two energy companies will be laying off employees due to sales of their assets.

Dana Gas Says Wins Court Judgement In Kurdistan Dispute
Dana Gas, one of the largest investors in Iraq's Kurdistan region, wins a judgement against the Kurdistan Regional Government (KRG) at a London tribunal.

DOF Subsea Wins Prelude FLNG Services Contract
DOF Subsea Australia Pty Ltd wins a contract for the provision of the Geoholm Multipurpose Support Vessel for the Prelude FLNG project, operated by Shell Australia.

Eni Completes Sale of 10% Shorouk Concession Interest
Eni SpA completes the sale of a 10% interest in the Shorouk concession offshore Egypt to BP plc.



Monday, February 13, 2017

Company Operations News

Argentina Awards Most Of LNG Tender To Trafigura
Enarsa awards most of its liquefied natural gas (LNG) purchase tender for a portion of its 2017 needs to trading house Trafigura, trade sources say.

Malaysia's Petronas May Consider Relocating Canada LNG Project
Petroliam Nasional Bhd may consider relocating its Canadian liquefied natural gas (LNG) export terminal project.

Saudi Aramco Inks First Oil Contract With China's Huajin
Saudi Aramco signs a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017.



Friday, February 10, 2017

Company Operations News

Brazil Court Suspends $5.2B Sale Of Petrobras Unit To Brookfield
A Brazilian federal court suspended the $5.2B sale of state-controlled Petrbras' natural gas pipeline unit to a group of investors led by Canada's Brookfield Asset Management Inc.

University of Houston Introduces New Graduate Program in Data Analytics
A new workforce program offered by the University of Houston will focus on efficiency in using and maintaining oil and gas equipment by using data analytics.

Shell's Departing CFO To Join Rio Tinto As Non-Executive Director
Royal Dutch Shell's CFO, Simon Henry, will join miner Rio Tinto as non-executive director from July 1 after he leaves the oil major.






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