Search results for: Oxy

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  • 29 May 2014
    Business & Finance

    Gulf Drilling International (“GDI”) and Occidental Petroleum of Qatar (“Oxy”) have jointly announced that the jack-up drilling rig “Msheireb”, which was acquired by GDI earlier this year and refurbished, has been accepted by Oxy for drilling operations. “Msheireb” will be the third GDI rig currently working for Oxy with the rigs “Al Rayyan” and “Al Wajba” […]

  • 28 June 2019
    Business & Finance

    Activist investor Carl Icahn is pushing to oust and replace four directors at Occidental Petroleum’s board over what he recently labeled a misguided “bet-the-company” acquisition of Anadarko by Oxy in which he owns shares

  • 6 June 2019
    Business & Finance

    Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion as the U.S. antitrust regulators have given it an approval.

  • 25 April 2019

    The U.S. oil and gas firm Anadarko, a takeover target of Occidental Petroleum (Oxy) and Chevron, has said it will carefully review Oxy’s Wednesday bid and has advised shareholders not to take action regarding the Oxy bid.

  • 11 October 2012

      Gulf Drilling International Limited (Q.S.C.) (“GDI”) has been awarded a two year contract by Occidental Petroleum of Qatar Ltd. (“Oxy Qatar”) for its Al-Wajba (Gulf-3) Drilling Rig. The rig has been working for Oxy Qatar since 2008. Under the new contract the Al-Wajba will be support of Oxy Qatar’s Idd El Shargi development. GDI’s […]

  • 7 May 2019
    Business & Finance

    Anadarko Petroleum’s Board has said that Occidental Petroleum’s revised takeover received on May 5, 2019, is a “Superior Proposal” to the agreement Anadarko reached with Chevron.

  • 29 April 2019
    Business & Finance

    Anadarko Petroleum intends to resume negotiations with Occidental Petroleum (Oxy) in response to Occidental’s proposal to acquire the company. Anadarko says that Oxy’s bid could result in a “superior proposal” to that made by Chevron.  

  • 6 May 2015
    Business & Finance

    Occidental Petroleum Corporation (Oxy) has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President of Occidental and President – Oxy Oil and Gas, responsible for operations in the United States, Middle East region and Latin America. Hollub has served as Executive Vice President of Occidental and President, Oxy Oil […]

  • 11 July 2013
    Business & Finance

    Occidental Petroleum Qatar has entered into a two year drilling contract with Gulf Drilling International for the use of the Al Rayyan rig. The value of the contract is estimated at approximately $750 Mln. Steve Kelly, President and General Manager of Occidental Petroleum of Qatar Ltd (Oxy Qatar) and Ibrahim Jassim Al-Othman, CEO of Gulf Drilling International […]

  • 11 July 2013
    Business & Finance

    Steve Kelly, President and General Manager of Occidental Petroleum of Qatar Ltd (Oxy Qatar) and Ibrahim Jassim Al-Othman, CEO of Gulf Drilling International (GDI) Ltd, a subsidiary of Gulf International Services (GIS) have signed a contract to provide drilling services with the continued use of the Al Rayyan rig. This contract is set for a […]

  • 7 October 2019

    State-owned Qatar Petroleum has assumed the management and operatorship of the Idd El-Shargi North Dome (ISND) and Idd El-Shargi South Dome (ISSD) offshore oil fields. 

  • 9 May 2019

    U.S. oil major Chevron will not be increasing its initial bid for the takeover Anadarko and expects the previously agreed deal to be terminated as Anadarko has entered into takeover talks with Oxy who recently submitted a superior offer.

  • 15 July 2013
    Business & Finance, Operations & Maintenance

    Occidental Petroleum Corporation announced that its wholly owned subsidiary Occidental Petroleum of Qatar Ltd. (Oxy Qatar) and Qatar Petroleum have agreed on the Phase 5 Field Development Plan (FDP) of the Idd El Shargi North Dome Field (ISND), offshore Qatar. The ISND Phase 5 FDP has been prepared in close cooperation between Oxy Qatar and […]

  • 15 July 2013
    Business & Finance, Project & Tenders

    Occidental Petroleum Corporation announced today that its wholly owned subsidiary Occidental Petroleum of Qatar Ltd. (Oxy Qatar) and Qatar Petroleum have agreed on the Phase 5 Field Development Plan (FDP) of the Idd El Shargi North Dome Field (ISND), offshore Qatar. The ISND Phase 5 FDP has been prepared in close cooperation between Oxy Qatar […]

  • 29 April 2014
    Business & Finance, Research & Development

    The Bureau of Safety and Environmental Enforcement (BSEE) participated in a day-long Government Initiated Unannounced Exercise involving Occidental Petroleum Corporation (OXY). The table top exercise, held in Huntington Beach, Calif., tested OXY’s ability to respond to a simulated spill event in accordance with its Oil Spill Response Plan (OSRP). For this exercise, OXY was instructed […]

  • 19 January 2011
    Project & Tenders

    Occidental Petroleum Corporation announced today it has been selected by the Government of Abu Dhabi to participate in the development of Abu Dhabi’s Shah gas field, one of the largest gas fields in the Middle East. Under the terms of the new agreement in principle, Oxy will hold a 40-percent participating interest in a 30-year […]

  • 28 April 2014

    The U.S. Bureau of Safety and Environmental Enforcement (BSEE) last week participated in a day-long Government Initiated Unannounced Exercise involving Occidental Petroleum Corporation (OXY). The table top exercise, held in Huntington Beach, Calif., tested OXY’s ability to respond to a simulated spill event in accordance with its Oil Spill Response Plan (OSRP). For this exercise, […]

  • 30 April 2019
    Business & Finance

    Billionaire Warren Buffet’s company Berkshire Hathaway has committed to invest $10 billion in Occidental Petroleum, subject to Oxy’s entering into and completing its proposed acquisition of rival Anadarko.

  • 22 February 2006

    oPetrol, a Chinese manufacturer, has developed oxy-liquid fuel cutting torches, welding torches and blowing torches, a revolutionary product that offers a unique franchise business opportunity.

  • 8 February 2013
    Business & Finance

    DESMI Ocean Guard has announced that its containerized solution for ballast water treatment has been tested by A.P. Moller – Maersk, concluding that it is a very attractive solution in particular for container vessel retrofits. Per Hother Rasmussen from Maersk Maritime Technology explains: ”We have tested containerized ballast water treatment system plants on two different […]

  • 8 November 2017
    Business & Finance, Equipment, Research & Development

    A consortium comprising Steatite with OXIS Energy, MSubs and the National Oceanography Centre (NOC) has developed a pressure tolerant Lithium Sulfur (Li-S) battery that’s capable of powering autonomous vehicles to ocean depths of over 6,000 metres. Reportedly, the cells can withstand the extreme pressure of 664 bars – that’s equivalent to a water depth of […]

  • 8 February 2013

    DESMI Ocean Guard has announced that its containerized solution for ballast water treatment has been tested by A.P. Moller – Maersk, concluding that it is a very attractive solution in particular for container vessel retrofits. Per Hother Rasmussen from Maersk Maritime Technology explains: ”We have tested containerized ballast water treatment system plants on two different […]