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Aker Solutions expects increase in energy demand

Norwegian oilfield services provider Aker Solutions recorded an increase in its quarterly profit and revenues ...

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BP profit dips on lower prices

British oil major BP posted a slight dip in the first quarter underlying replacement cost (RC) profit, citing the ...

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Anadarko to resume Oxy talks

anadarko

Anadarko Petroleum intends to resume negotiations with Occidental Petroleum (Oxy) in response to Occidental's ...

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WorleyParsons closes Jacobs deal

WorleyParsons has paid the consideration to complete the US$3.2 billion (A$4.55 billion) acquisition of Jacobs ...

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ExxonMobil’s 1Q earnings drop to $2.4B

Exxon's 1Q earnings drop 49 percent versus the prior year’s 1Q earnings of $4,65 billion.

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Chevron earnings hit by lower oil prices

Capital and exploratory expenditures in the first three months of 2019 were $4.7 billion, compared with $4.4 ...

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Total profit falls despite output growth

French oil and gas company Total recorded a 4 percent decrease in first quarter profit while its production grew by ...

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TechnipFMC profit dips but orders grow

Oilfield services provider TechnipFMC recorded a decrease in quarterly profit and revenues but saw an increase in ...

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Aker BP profit slips on lower sales volume and prices

Norwegian oil and gas company Aker BP saw a decrease in its quarterly profit and revenues due to a combination of ...

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Hess posts profit driven by higher production

Hess Corporation booked a profit for the first quarter of the year as opposed to a loss in the same period last ...

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Offshore specialist GMS on the lookout for CFO

Stuart Jackson wont's be joining GMS after all.

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Eni books higher profit, eyes production growth in 2019

Eni saw an increase in its first quarter 2019 net profit when compared to the last year's performance. In 2019, Eni ...

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Oxy joins Anadarko takeover battle

The U.S. oil firm Occidental Petroleum has entered the race with Chevron to buy Anadarko Petroleum.

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Bumi Armada gets breathing space as it refinances debt

Malaysia's offshore energy vessels and services provider Bumi Armada has signed documentation related to its ...

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Helix Energy back to the black

Houston-based oil and gas services company Helix Energy Solutions returned to profit in the first quarter of 2019 ...

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Murphy Oil buying deepwater GoM fields from LLOG for $1.37B

Murphy Oil Corporation has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets from LLOG ...

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HitecVision rids of CapeOmega

HitecVision has sold its portfolio company CapeOmega, a Norwegian oil & gas and midstream infrastructure company, ...

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Halliburton leaves the worst behind with triple profit

Halliburton more than tripled its first quarter 2019 profit when compared to the prior-year while its revenues ...

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OGUK Efficiency Task Force adds trio to steering group

Efficiency Task Force of Oil & Gas UK, a trade association for the UK offshore oil and gas industry, has appointed ...

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Schlumberger books smaller profit

Oilfield services provider Schlumberger recorded a smaller profit in the first quarter of the year despite increase ...

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Keppel's offshore division bounces back to the black

Singapore's offshore rig builder Keppel Offshore & Marine bounced back to the black during the first quarter of ...

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Saipem returns to profit in 1Q 2019

Saipem returned to profit in the first quarter of 2019 from a loss in the prior-year period thanks to strong ...

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Chief financial officer of KrisEnergy resigns

Chief financial officer (CFO) of oil and gas company KrisEnergy has tendered his resignation to pursue other interests.

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Magnora CEO and CFO steps down

Chief executive officer (CEO) and chief financial officer (CFO) of Oslo-listed company Magnora has stepped down ...

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Deep Down adds fund managers to its board

Deep Down, a Houston-based specialist in deepwater oil and gas distribution equipment and services, has appointed ...

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Abu Dhabi pension fund invests $300M in ADNOC Oil Pipelines

Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF) will invest around $300 million into the recently formed ...

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Dolphin Drilling creditors to sell Bolette Dolphin drillship

Majority lenders in Oslo-listed offshore drilling contractor Dolphin Drilling's $2 billion loan are moving forward ...

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