API’s IM standards boost offshore safety

API is continuing to lead the way on safety

Hess Profit Rises on Asset Sales

Hess Corporation today reported net income of $1,276 million for the quarter ended March 31, 2013. Adjusted ...

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BASF, Gazprom in Asset Swap Deal

BASF, Gazprom in Asset Swap Deal

Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the ...

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ADMA-OPCO Selects DNV’s Asset Integrity ...

Ageing installations and infrastructures are an increasing challenge for the oil and gas industry. Through ...

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Faroe Petroleum Completes Asset Swap with Petoro

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and ...

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Sinopec to Buy Galp’s Offshore Asset in Brazil ...

Sinopec to Buy Galp's Offshore Asset in Brazil for USD 3.5 Billion

Chinese state-owned oil company Sinopec Group said on Friday it had agreed to pay $3.54 billion to Portuguese oil ...

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Norway: Total, Statoil in Asset Swap Deal

Norway: Total, Statoil in Asset Swap Deal

Statoil increases its equity in the Valemon project through an asset swap with Total. Statoil and Total E&P ...

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USA: Chevron 3Q Profit Soars on High Oil Prices and ...

USA: Chevron 3Q Profit Soars on High Oil Prices and Asset Sales

Chevron Corporation today reported earnings of $7.8 billion ($3.92 per share – diluted) for the third quarter 2011, ...

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Germany: Wintershall, Gazprom in Asset Swap Deal

Germany Wintershall, Gazprom in Asset Swap Deal

Today (October 28, 2011) a framework agreement which sets out the terms for the planned asset swap to further ...

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USA: Hercules Offshore Acquires 20 Jackup Rigs from ...

  Hercules Offshore, Inc.  and Seahawk Drilling, Inc. announced today the completion of the asset purchase and ...

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Norway: Spring Energy Announces Major Asset Sale

Spring Energy announces the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing ...

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UK: Endeavour Sells Cygnus Asset to Bayerngas for $110 ...

Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today announced it has signed a definitive ...

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Universal Power Corp. Expands Oil Asset Base Offshore Namibia

Universal Power Corp. announced today that it has been awarded a Petroleum Exploration Licence (“PEL”) ...

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