Sunday, July 23, 2017

SBM Offshore and Repsol will share an insurance payment of $247 million, less legal costs, related to a troubled Norwegian offshore project. Source link

Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat says. Source link

Shell to sell its 45% stake in the Corrib gas venture to a unit of Canada Pension Plan Investment Board (CPPIB) for up to $1.23 billion Source link

British oil and gas explorer cuts 15% of its global workforce as it "right sizes" for new FLNG Project. Source link

Shale oil producer Halcon Resources Corp said it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas' Permian...

Houston-based Freeport-McMoRan Oil and Gas is conducting another round of layoffs due to asset sales. Source link

Ocean Installer has been awarded a contract for subsea installations and tie-in operations for Statoil on Johan Sverdrup, as well as Utgard and Bauge. Source link

Apache Corporation confirms it will complete an exit from Canada upon the closing of 3 recent transactions. Source link

African Petroleum's first priority is to engage in a constructive dialogue with Gambian authorities, its CEO says. Source link

Gazprom and the Hungarian Ministry of Foreign Affairs and Trade have agreed to advance cooperation. Source link
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