Salamander confirms Greater Bualuang sale for $280million
Asia-focused explorer Salamander Energy has signed a definitive share sale and purchase agreement for 40% working interest in its two Gulf of Thailand concessions with Sona Petroleum Berhard.
Wildcat Lupus runs dry for Tullow
Irish explorer Tullow Oil has hit dry finds with its first wildcat well in Norwegian PL507 licence.
CSL kick-starts growth plan with senior appointments
Subsea engineering firm CSL has made three new senior appointments to its team as it enters a five-year growth plan.
Wressle exploration starts as Egdon spuds first well
The first onshore exploration well in Lincolnshire Wressle prospect has been spudded, the licence majority shareholder Europa Oil & Gas has reported.
Equity firm buys AGR for $265million
Norwegian oil services company AGR has been acquired by an independent European private equity firm Silverfleet Capital as part of its global expansion strategy.
Lack of trained staff contributes to Sterling’s financial performance dip
Oil and gas explorer Sterling Energy has reported a general drop in its financial performance in the first half of the year.
Santos revenue up on PNG start-up
Australian energy firm Santos has recorded a “significant jump” in revenue following the start-up of its Papua New Guinea liquefied natural gas (LNG) project.
Kongsberg scoops $53.3million worth of Asian deals
Norwegian technology group Kongsberg Maritime has won contracts in China and Korea to deliver its specialist offshore technology to 13 vessels, worth £53.3million in total.
Schlumberger’s profits drop amid mixed market results
Energy service giant Schlumberger has recorded a sharp drop in profits despite a continued increase in revenues.
Dong sells 50% of German wind farm for $812million
The wind division of Danish company Dong Energy has sold 50% of its shares in the German offshore windfarm project Gode Wind 2 to a consortium of Danish pension funds for $812million.
AGR Aberdeen team wins Benin job
Energy services group AGR’s Aberdeen team has won a well project management contract for exploration offshore Benin.
Motive Offshore hits 100-employe mark
Aberdeenshire company Motive Offshore has reached a growth milestone by employing its 100th employee in under four years in business.
Sound Oil adds investment partner to board
Mediterranean-focused explorer Sound Oil has appointed the managing partner of its institutional investor to its board.
Africa Oilfield raises $12million for inward investment
Africa-focused services firm Africa Oilfield Logistics has conditionally raised $12million to grow its investment arm.
Aker’s earnings slump ahead of split
Engineering group Aker Solutions has recorded a drop in its earnings before interests (EBITDA) on the previous year ahead of its planned split in September.
Video: Regulator funding key for industry success globally
The £15million funding by the UK Government towards the new energy regulator will ensure the body can address the industry's needs as soon as possible, believes a Scotland Office Minister.
Flowline Specialists eyes overseas growth
Aberdeenshire-based Flowline Specialists is targeting overseas growth following its second consecutive year of a 20% increase in annual turnover.
Rampion windfarm gets government’s green light
Renewable energy firm EON has been given the go ahead from the UK Government to develop a 700MW offshore windfarm off the coast of Sussex.
KCA Deutag bags $170million for jack-up deal
Aberdeen-based drilling contractor KCA Deutag has won a $170million contract for the provision of the Ben Rinnes jack-up rig in Angola.
Kvaerner’s earnings up as work backlog increases
Oil and gas engineering firm Kvaerner is targeting a continued increase in earnings by cutting costs of new projects as it reports improved financial results in the second quarter of the year.
Leni set to grow its Trinidad portfolio
Leni Gas & Oil (LGO) has signed heads of agreement to acquire 100% interest of a Trinidad company holding the service contract for the Trinity-Inniss field.
Saipem scoops $600million worth of FPSO contracts
Italian contractor Saipem has won two contracts for its floating production, storage and offloading vessels (FPSOs) in Brazil and Angola, worth a total of $600million.
P2 expands in Africa with software deal
Oil and gas technology company P2 Energy Solutions has won a contract in Ivory Coast with the country’s state oil and gas corporation.
Gas sales approval set to rev up Oilex Cambay production
Australian oil explorer Oilex has received a governmental approval for the sale of gas from its Cambay Field in India.
PSS opens new office in Wick
Aberdeen-based Process Safety Solutions (PSS) has officially opened its new Wick facility in Caithness as the company is looking to capitalise on the Highland's energy resources.