Thursday, June 29, 2017

Providence Resources plc agrees terms with Searcher Seismic Pty Ltd for a new 3D seismic program in the southern Porcupine and Goban Spur basins, offshore south-western Ireland. Source link

Keppel Offshore & Marine posts a net loss of $42.5 million for fourth quarter 2015, down from a net profit of $200.1 million in the previous year. Source link

Santos reports a 24 percent drop in fourth-quarter sales and flagged asset writedowns after a further decline in oil prices since its November announcement of a $2.5 billion program to cut...

Southwestern Energy plans to lay off 1,100 employees (almost 40 percent of its workforce) as it slows down drilling activity. Source link

Mubadala Petroleum signs memorandum of understanding with Pemex to cooperate in Mexico, including upstream projects. Source link

Indonesia's PT Pertamina Hulu Energi unit allocates $565 million for investments, including $168 million in capital expenditure, for 2016, a local media says. Source link

Premier Oil agreed to buy the UK North Sea assets of Germany's EON SE for $120 million. Source link

Singapore's TRIYARDS posted net profit of $6.2 million for first quarter 2016 ending Nov. 30, 2015, down 25 percent from a year ago. Source link

Ingenu and WellAware will work together to expand the Machine Network, a network of wireless connectivity designed for M2M and IoT. Source link

Statoil signs master service agreements with Aker Solutions and OneSubsea Processing, which form the basis for potential new EPC contracts for subsea equipment in the medium-term future. Source link
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