Bibby Offshore Holdings Limited - Completion of Recapitalisation
Bibby Offshore Holdings Limited has announced that it has completed the recapitalisation of its balance sheet announced on 5 December 2017.
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Petrobras achieves record production in Brazil for the fourth consecutive year
In 2017, the company's average oil production in Brazil has grown by 0.4% and the average natural gas production has reached a volume 0.9% higher than in 2016.
Wintershall successful in the APA 2017 licencing round
The German company Wintershall have received shares in six licences by the Norwegian Ministry of Petroleum and Energy, in the Awards for Predefined areas (APA) 2017 licencing round.
New licences for DEA in Norway
DEA wins five exploration licenses in the 2017 Awards in Predefined Areas (APA).
KBR joint venture has been awarded two FEED contracts
The contracts have been awarded by the Azerbaijan International Oil Company for Azeri Central East Project.
Total Energy Services Inc. announces preliminary 2018 capital expenditure budget
This CAN$33 million budget includes CAN$9 million of expansion capital and CAN$24 million of equipment maintenance and upgrade capital.
BP to take $1.7 billion post-tax non-operating charge
Deepwater Horizon have claimed facility approaches closure.
Nord Stream reaches average utilisation of 93% in 2017
In 2017, the Nord Stream Pipeline delivered 51 billion m3 of natural gas to consumers in the European Union.
BiSN seals deal with significant investment
BiSN, a producer of metal-to-metal downhole sealing solutions, has been awarded significant investment by the Aberdeen-based Oil & Gas Technology Centre (OGTC).
Strategic Alliance milestone finalised between Petrobras and Total
The two companies have completed the transfer of rights in Lapa and Iara concessions.
MMT Sweden: frame agreement and contract award with Statoil for survey and light construction work
The work will be performed with the subsea vessel Havila Subsea from early February onwards.
Aker BP releases corporation update
Aker BP has a strong cash flow outlook and a robust balance sheet with a US$2.9 billion liquidity reserve, enabling the company to increase dividends for 2018 to US$450 million, and further strengthen its position as the leading independent E&P company offshore.
Petrel Energy Limited release Cerro de Chaga-1 Update
Site activities have been suspended pending repairs and are expected to resume mid-February.
Pipetech makes key appointments to support business growth
Gavin Booth joins the company as sales manager for UK and Holland while Thomas Karlsen is welcomed as sales manager of Scandinavia. The duo bring more than 20 years of oil and gas experience to Pipetech.
Cantor Fitzgerald Europe announces senior hires
Cantor Fitzgerald Europe has announced that it has made a number of senior hires with a focus on Oil & Gas, across its corporate finance, research and sales teams.