Wednesday, December 19, 2018

Woodside Petroleum reports a halving in its underlying profit and says deep uncertainty over oil prices is weighing on the prospects for its key growth project, a liquefied natural gas development...

Singapore-listed Cosco Corp. posts a net loss of $406.9 million in 2015, compared to a net profit of $14.9 million a year earlier. Source link

Petroleum Geo-Services ASA expects market uncertainty and low earnings to continue through 2016. Source link

OMV seeks a buyer for its Turkish unit, Petrol Ofisi, in line with the firm's strategy of focusing on upstream and integrated downstream businesses. Source link

Alliance Aviation Services bags a five year deal to provide jet services to Santos for the latter's oil and gas operations in Australia's Cooper Basin. Source link

Low oil prices and little sign of recovery anytime soon leaves Italian oil contractor Saipem ill-prepared to cope with a new life independent from its former parent Eni. Source link

Singapore's oil and gas services provider KS Energy issues profit warning for 2015, with its performance hurt by the industry downturn. Source link

Seanamic Group expands umbilical business with a new Umbilical International facility in Glasgow. Source link

PA Resources AB signs an agreement to divest its portfolio of North Sea assets to Petrogas E&P. Source link

Portuguese oil and gas firm Galp Energia posts a greater-than-expected 4Q profit of $166 million. Source link
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