Business & Finance
Malaysian operator taps Tendeka to help boost output
Completions service company Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator.
CNOOC brings online new project offshore China
CNOOC Limited has started production from the Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project located offshore China.
Noble Corp. CEO transitions to executive chairman role
CEO of Noble Corporation has transitioned to the role of executive chairman of the board while a new CEO has been named.
New Contract for the Missouri River Levee System
The Army Corps’ Omaha District has awarded a contract to AECOM Technical Services, Inc. of Los Angeles, California, to complete levee repairs on the Missouri River L-536 levee system north of Corning, Missouri. According to USACE, the $8.74 million project will close the remaining breaches and make
U.S. weekly LNG exports continue to decline
The United States exported less liquefied natural gas cargoes in the week ending May 20 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG shipments between May 14 and Ma
First steel cut for ARO Drilling’s new jack-up rig
International Maritime Industries (IMI) has cut the first steel on the first of two newbuild rig orders from ARO Drilling.
Green Light for Rochdale Flood Defense Scheme
The first phase of a £46 million flood defense scheme in Rochdale and Littleborough has been given the green light by Rochdale Borough Council’s Planning Department. Led by the Environment Agency in partnership with Rochdale Council, the new scheme features a range of measures to reduce the risk of
Royalty exemptions could save the day for U.S. oil and gas operators, Rystad says
The Covid-19 pandemic and the price crisis it has brought upon the oil and gas sector have hit the profitability of exploration and production (E&P) companies hard.
Matrix nets EPC deal for LNG plant in western US
Tulsa-headquartered Matrix Service Company’s unit Matrix Service secured an EPC deal for an LNG plant in the western United States.
Subsea specialist 1CSI strengthens management team
Subsea integrity and inspection firm 1CSI has appointed new director, Richard Gibson to the company’s board. As a result of 38 years of experience in the oil & gas industry, Gibson brings experience and knowledge in business and product development. His appointment also reflects 1CSI’s strategy to g
Report Released on Cherry Sand Accident
The UK Marine Accident Investigation Branch (MAIB) officials have published report on the investigation of the man overboard from the dredger Cherry Sand that resulted in one fatality in the non-tidal basin at Port Babcock Rosyth, Scotland on 28 February 2019. According to the report, on 28 February
Energean set to lay Karish offshore pipeline
Energean has completed near-shore operations for the Karish gas pipeline and is now ready for offshore installation.
New Rothera Wharf Completed
Completion of the new King Edward Point Research Station wharf marks the latest milestone for the £140m UK Antarctic Infrastructure Modernisation Programme. The new wharf at Rothera Research Station and mooring dolphin provide the extra capability required to berth the new UK polar research vessel,
Halliburton cuts dividend due to market conditions
Halliburton has decided to cut its dividend amid uncertainties related to the duration of the market downturn.