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Xodus adds consultants to subsea integrity team

International energy consultancy Xodus Group has appointed two principal consultants to its subsea integrity ...

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Woodside profit slips in 1H 2019

Australian energy giant Woodside saw its profit slip in the first half of the year compared to the same period last ...

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MODEC issues $1.1 billion in bonds for FPSO in Brazil

MODEC has decided to issue project bonds to international investors to refinance an FPSO vessel chartered to the ...

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SeaBird sinks deeper into the red

SeaBird Exploration sank deeper into the red in the second quarter of 2019 due to project delays and increased ...

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TGS, Spectrum move into integration process

Norwegian seismic player TGS-NOPEC Geophysical Company (TGS) has completed its acquisition of Spectrum, creating a ...

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Deep Down books loss despite higher revenues

Houston-based oilfield services company Deep Down reported a net loss for the second quarter of 2019 compared to a ...

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Petrobras payments lift Vantage back to profit

Offshore drilling contractor Vantage Drilling returned to quarterly profit on the back of drilling contract ...

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Kreuz Subsea chief executive resigns

Chief executive officer (CEO) of subsea services company Kreuz Subsea has resigned from the company.

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PetroRio CFO resigns

The executive director of Brazilian oil and gas company PetroRio has resigned from his positions within the firm.

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Seacor Marine cutting costs amid slow market recovery

Seacor Marine has started implementing cost-reducing measures, including reduction of the workforce and closure of ...

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Occidental closes $55 billion worth acquisition of Anadarko

Occidental Petroleum has completed its acquisition of Anadarko Petroleum in a transaction valued at $55 billion, ...

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Barakah sues Petronas over licence suspension

Malaysian offshore services provider Barakah Offshore Petroleum has sued compatriot Petronas for RM 1.02 billion ...

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Talos boasts 'best quarter on record in terms of production'

Talos Energy bounced back to the black in the second quarter of 2019 on the back of higher revenues boosted by ...

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Archer swings back to the black

Oil services company Archer returned to profit in the second quarter of this year from a loss in the same period ...

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AGS conducts record-breaking seismic program off Norway

Axxis Geo Solutions (AGS) has achieved several seismic production records during an Utsira multi-client ...

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Shelf Drilling narrows loss, adds $343 million to backlog

Shelf Drilling reduced its net loss in the second quarter of 2019 and added $343 million to its contract backlog ...

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SeaBird expects two-month delays for two surveys

Seismic services player SeaBird Exploration has estimated that its ongoing seismic surveys in West Africa and ...

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TGS and Spectrum fulfill all merger conditions

All conditions for the merger between two Norwegian seismic companies, TGS-NOPEC and Spectrum, have now been ...

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James Fisher snaps up Brazilian diving service provider

James Fisher and Sons has decided to acquire a 60% of the share capital of Continental Participação E Administração ...

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Former MOL Group manager joins Deloitte

Former MOL Group’s accounting and reporting manager has joined Deloitte as an audit director

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Saipem to set up spool-base in Gulf of Mexico

Italian Saipem will establish a spool-base on Greenwood Island, Pascagoula, Mississippi.

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Noreco names new CFO

Norwegian Energy Company (Noreco) has appointed a new chief financial officer (CFO) of the company. 

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Diamond sinks deeper into the red

Ocean Apex

Diamond Offshore sank deeper into the red in the second quarter of 2019 amid smaller dayrates and lower utilization ...

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Kosmos returns to quarterly profit

U.S.-based oil and gas company Kosmos Energy returned to profit in the second quarter of 2019 on the back of higher ...

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Providence cuts jobs while waiting on Chinese loan

Providence Resources has decided to lay off all of its technical and support staff and downsize its board. The ...

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Record production volumes lift Chevron profit

Oil major Chevron Corporation saw an increase in its quarterly earnings boosted by record production volumes driven ...

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ExxonMobil profit drops in 2Q

U.S. oil major ExxonMobil booked a smaller profit in the second quarter of 2019 compared to the prior-year, but the ...

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