Oil & gas news
MacGregor strengthens its heavy-lift market share
The company has secured a contract to deliver twelve 450 t capacity heavy-lift cranes for six Ecolift F900 vessels.
Fircroft secures Exxon Sakhalin Island deal
The deal will see Fircroft provide around 250 business services contractors.
Fugro undertakes seabed investigations offshore NW Australia
The contract was awarded by Hess Exploration Australia.
Completion of dry well west of the Balder field
Suncor Energy Norge AS, operator of production licence 571, has completed the drilling of wildcat well 25/10-14 S.
Saudi Aramco IPO - winning the battle but losing the war
Douglas-Westwood consider the Saudi Aramco IPO and the state of the upstream industry.
TennStar Energy Inc. acquires a stake in 21 Well Lease in Caldwell County
TennStar Energy Inc. has announced it has acquired a stake in 21 Well Lease in Caldwell County.
ExxonMobil CEO wins Pitts Energy Leadership Award
The Maguire Energy Institute at SMU Cox School of Business has honoured Rex Tillerson, Chairman and CEO of Exxon Mobil Corp., with the L. Frank Pitts Energy Leadership Award.
Union Oil and Gas Group acquires 77% of Block 100 in Peru
A consortium of investors led by Union Oil and Gas Group, a subsidiary of Union Group has acquired 77% of Peruvian onshore oil and gas Block 100 in the Ucayali Basin.
Aker Solutions repositions MMO business in Norway
Aker Solutions steps to reposition its MMO business to enhance competitiveness will impact up to 900 employees across Norway.
SeaDrill announces DMSE Shipyard agreement
SeaDrill defers deepwater drillship agreement until 2Q 2018.