Monday, August 20, 2018

Keppel Shipyard holds naming ceremony for floating production storage and offloading (FPSO) Armada Kraken ahead of delivery to Bumi Armada for deployment to the Kraken oil field in the North Sea. Source...

Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) says it will buy offshore support vessel provider Icon Offshore Berhad after agreeing to a share sale with its...

U.S.-based natural gas producer Chesapeake Energy Corp says it will sell a part of its acreage in the Haynesville shale area for $450 million in a private sale. Source link

Petrofac bags an engineering, procurement and construction contract from Saudi Aramco for Fadhili gas program in Saudi Arabia. Source link

Singapore's EMAS Offshore names Adarash Kumar as CEO, replacing Jon Dunstan. Source link

Samsung Heavy Industries Co Ltd says a $776.8 million order for a substructure for a liquefied natural gas (LNG) floating production, storage and offloading (FPSO) unit has been cancelled. Source link

Galp Energia reaches an agreement with a consortium led by Marubeni to sell a 22.5% stake in the share capital of Galp Gas Natural Distribuicao, S.A. (GGND), for $153 million (EUR...

Australian gas producer Santos is expected this week to outline its strategy to pay down debt and cope with weak oil and gas prices. Source link

Halliburton posts a surprise quarterly profit, helped by higher cost cuts, and says it expected a rise in oil prices to boost rig counts. Source link

A feasibility study for a liquefied natural gas plant in Sakhalin, designed by Russia's Rosneft and USA's ExxonMobil, should be ready by the middle of 2017. Source link
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