Tap Oil names new non-executive director

Australia's oil and gas company Tap Oil has appointed a new non-executive director of the company.

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New general manager joins J2 Subsea

J2 Subsea, an Acteon company, has named a new general manager of the company.

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Ex-Oceaneering man takes FairfieldNodal board seat

U.S.-based geophysical company FairfieldNodal has named a new addition to its board of directors.

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Kosmos increases borrowing capacity to $1.5B

U.S. oil and gas explorer Kosmos Energy has refinanced the loan facility tied to its reserves, increasing the ...

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Prosafe returns to quarterly profit

Prosafe, an operator of offshore accommodating units known as flotels, returned to quarterly profit but sank to a ...

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BP profit soars in 4Q

UK oil major BP recorded an increase in its fourth quarter 2017 profit compared to the prior-year period. On an ...

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Expro emerges from Chapter 11

Oilfield services company Expro has completed its financial restructuring.

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Petrofac: Bribery investigation continues

UK's Serious Fraud Office is still investigating oilfield services provider Petrofac for bribery, corruption, ...

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Hess narrows losses. Axes 400 jobs

Hess Corporation narrowed its net loss in the fourth quarter 2017 as its revenues fell when compared to the same ...

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Qatar Petroleum buys into offshore block in South Africa

Qatar Petroleum entered into an agreement with the French oil giant Total to buy a 25% participating interest in ...

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Aberdeen Harbour elects new CEO amid ongoing expansion

Aberdeen Harbour, a marine support center for the oil and gas industry, has elected a new chief executive officer.

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Xodus names first general manager in Egypt

Engineering company Xodus Group has appointed its first general manager in Egypt.

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Chevron earnings spike in 4Q

Chevron Corporation recorded a significant increase in its quarterly earnings and revenues boosted by tax benefits ...

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ExxonMobil earnings lifted by higher oil prices and tax cuts

U.S. oil and gas company ExxonMobil increased its quarterly earnings to $8.4 billion lifted by higher oil prices ...

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Impairments drag PGS deeper into the red

Affected by impairment charges, Norway's seismic player PGS posted a bigger quarterly loss despite an increase in ...

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ConocoPhillips swings to profit, raises dividend

U.S. oil major ConocoPhillips returned to quarterly profit helped by higher oil prices and increased its dividend ...

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TechnipFMC to take over Island Offshore's subsea unit

TechnipFMC has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s ...

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ExxonMobil adds MetLife CEO to its board of directors

ExxonMobil has made a new addition to the company’s board of directors, effective immediately.

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Chevron names new VP of strategic planning

U.S. oil company Chevron has named a new vice president of strategic planning, effective immediately.

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Lundin narrows loss, launches first dividend

Lundin Petroleum narrowed its net loss for the fourth quarter 2017 compared to the prior-year period and saw an ...

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Shell's 4Q earnings up 147%

Oil giant Shell’s 4Q CCS earnings attributable to shareholders excluding identified items were $4.3 billion ...

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TechnipFMC finalizes Plexus deal

Plexus Holdings has completed the sale of its wellhead business for jack-up applications to TechnipFMC.

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Caterpillar CEO joins Chevron board of directors

U.S. oil major Chevron has elected the chief executive officer of Caterpillar to its board of directors.

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Hess spending to focus on Guyana and Bakken assets

Hess Corporation will spend about two thirds of its 2018 budget on Guyana asset and Bakken shale play. 

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AWE: MinRes given three days to match Mitsui's takeover bid

Australian oil and gas producer AWE has given Mineral Resources three days to match Mitsui's takeover bid.

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Transocean closes Songa deal

Offshore driller Transocean has completed its acquisition of its rival Norwegian-Cypriot offshore driller Songa Offshore.

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Noble Energy sells Tamar field stake

Noble Tamar Delek Israel

U.S. oil and gas company Noble Energy will sell 7.5 percent in its Tamar field offshore Israel to Tamar Petroleum ...

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