Friday, December 14, 2018

Oilex Ltd successfully completes a workover on the Cambay-19z well, located on the Cambay field in Gujarat State, India. Source link

Maersk Drilling expects offshore drilling companies around the world to continue to face "significant headwinds" in the future. Source link

Songa Offshore produces a strong operating profit and highlights a strong order book thanks to its new 'Cat D' rigs. Source link

Faroe Petroleum completes its acquisition of Roc Oil, boosting its stakes in the UK North Sea Blane and Enoch units to 30.5 percent and 13.9 percent respectively. Source link

MOL's upstream segment posts a 99% year on year reduction in operating profit in its 3Q results. Source link

Amec Foster Wheeler increases its cost savings target to $180 million by 2017, marking a $55 million rise from its previous target of $125 million. Source link

Lundin Petroleum will continue to improve its operational and capital efficiency and work to reduce its costs for the foreseeable future, according to Lundin's president and CEO, Alex Schneiter. Source link

Wood Mackenzie outlines weak financial performance in 3Q, surging production levels and deep cost cutting as key trends among majors. Source link

Centrica Energy agrees to award services contracts to Aibel and Subsea 7 for projects on the Norwegian Continental Shelf. Source link

Husky swings to a quarterly loss due to a $2.9 billion after-tax impairment charge. Source link
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