Saturday, February 16, 2019

The two offshore drillers have amended their agreement to include increased acquisitions. Source link

Lundin Norway enters into an agreement with Lime Petroleum to acquire its entire Utsira High acreage position covering the Rolvsnes and Goddo basement area. Source link

Ophir Energy has given Medco a deadline extension on its takeover offer. Source link

Petrofac is establishing a global workforce forum, which it says will allow elected members to engage directly with senior management and board members. Source link

DOF has been awarded a 2 year contract by a 'major North Sea operator'. Source link

India's ONGC secures jackup for three years. Source link

Genel Energy reaches an agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks. Source link

Fresh off defeating a hostile takeover bid, MEG Energy is slashing capital spending and reviewing the makeup of its board. Source link

Saipem has secured 2 EPIC contracts (Engineering, Procurement, Installation, Construction) with Saudi Aramco worth approximately $1.3 billion. Source link

This marks the third consecutive week of rig declines for the US. Source link
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