Indonesian NOC Pertamina readies IPO
Indonesia’s national oil company (NOC) Pertamina is preparing to take at least one of its business units public during the second-half 2021.
national oil company
ICR plots expansion as it adds new sales lead
Aberdeen-based maintenance firm ICR Integrity has announced it will expand with the introduction of a new head of sales.
Arctic rig protest
Environmental activists boarded a Seadrill rig yesterday at a Norwegian yard in protest at the country’s plans for an Arctic exploration campaign in the Barents Sea.
Hostage situation escalates in Algeria
Captives being held by Islamist militants at a gas plant in Algeria have been killed after Algerian forces opened fire on the site, it has been reported.
Songa Mercur arrives in Cuban waters while Scarabeo 9 leaves
Russian explorationist, Zarubezhneft, is making final preparations for its $126million exploration campaign offshore Cuba using the semi-submersible rig Songa Mercur.
Deadly re-run of the Wild West
Mexico is another example of a country hell-bent on jumping on the unconventional bandwagon with the emphasis on shale gas.
Building a global standard means never relenting
I have spoken many times over the years about the importance of establishing one common set of industry standards for safety and competency in oil and gas around the world.
Sevan rig’s BOP pulled for repair and investigation
Sevan Drilling has advised that it has been necessary to suspend drilling operations with its new-build Sevan Brasil cylindrical drilling rig.
Following Dubai lead with state-owned oil interests
The entry of CNOOC and Sinopec into the North Sea is a first for the Chinese.
South African exploration & production activity continues to gain momentum
Exploration and production (E&P) activity is gaining momentum across the south-western regions of Africa and in particular South Africa. Favourable geology for oil and gas off the country's west coast, high levels of foreign direct investment (FDI), legislative changes and updates to the tax regime are continuing to improve South Africa's investment in oil and gas prospects.
Petrofac’s $220m win
Petrofac Facilities Management Asia-Pacific has been awarded a $220million contract by the Petronas Carigali subsidiary of Petrolam Nasional (Petronas), the Malaysian national oil company, for the refurbishment of the Bekok-C platform on block PM9 in the southeastern part of the Malay basin.
Kuwait oil company signs £300m North Sea deal
The national oil company of the Gulf state Kuwait signed a deal yesterday to pave the way for a £300million investment in the North Sea.
Shares in oil firm Ithaca take plunge
Shares in North Sea oil firm Ithaca Energy slumped more than 30% yesterday after it said talks with potential buyers had ended without any deal.
North Sea oil company sets deadline for bids
North Sea oil firm Ithaca Energy said today it was still in talks with potential buyers and had set a bid deadline.
Ithaca sets deadline for bids
North Sea oil firm Ithaca Energy said today it was still in talks with potential buyers and had set a bid deadline.
North Sea firm in talks with suitors
North Sea oil firm Ithaca Energy said yesterday it was still in discussions with parties interested in acquiring it.
Market move in wake of Budget
BP has reportedly put nearly £2billion of North Sea assets on the market after the chancellor's Budget last week.
ITF recruits Thailand oil company
ITF, the oil and gas industry technology facilitator, announced a new membership agreement yesterday with Thailand's national oil company PTT Exploration and Production.
East Africa momentum builds on gas mega-finds
ExxonMobil with Statoil and a consortium led by Eni of Italy have made huge gas discoveries offshore East Africa, further fuelling the region's rapid rise as a clearly important energy province.
Rock Solid contract for geophysical firm
Rock Solid Images (RSI) said today work to turn the company around was paying off with a new £705,000 contract.
Scots oil firms set for return
THE death of dictator Muammar Gaddafi could see Scottish oil industry firms return to the north African country.
Saudi oil company meets in Aberdeen
ENERGY experts from across the world will meet in Aberdeen next month for the chance to work with Saudi Arabia's national oil company on new technology.
Exceedingly good win for Aberdeen firm
GeoGlobal Resources has awarded a drilling services contract to Aberdeen company Exceed, covering the Myra and Sara offshore licences offshore Israel.
Petrobras placing $4.63billion for newbuilds
PETROBRAS has ordered the first seven of a total build programme of 28 offshore drilling rigs.
Baghdad finally awards gas contracts after false start
THREE foreign consortia have been awarded the contracts to develop three key gas production assets in Iraq.