Tuesday, October 23, 2018

Just weeks after announcing it was laying off 150 offshore workers, Rowan Cos. has said it will let another 50 workers go in August. Source link

Aker BP enters into an agreement with Equinor to acquire its 77.8% interest in the King Lear gas/condensate discovery. Source link

Chinese private gas distributor ENN is set to become the top shareholder in Australia's Santos Ltd after agreeing to buy an 11.7 percent stake for $750 million from Hony Capital, in...

Petrobras announces its intention to join the Oil and Gas Climate Initiative (OGCI) Source link

Chrysaor teams up with RiskPoynt for an operational risk management solution. Source link

Xodus Group delivers a decommissioning and abandonment study for wells, surface and subsea facilities in Tunisia. Source link

Kenya's government has proposed in a draft bill to give 30% of prospective oil revenue to the community where the resource was discovered. Source link

Sparrows Group secures 2 five-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf assets. Source link

Malaysian offshore marine services provider Perdana Petroleum cancels order with Nam Cheong to build an accommodation work barge. Source link

Vietnamese police order the prosecution of an official at scandal-hit state energy firm PetroVietnam over financial losses, the Ministry of Public Security says. Source link
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