Monday, June 25, 2018

Houston-based McDermott International is expanding its footprint in Saudi Arabia with opening of new office. Source link

Nigeria's President Muhammadu Buhari meets leaders from the Niger Delta and representatives of militant groups which have been attacking oil facilities in the restive region, a witness and official said. Source link...

A Nigerian oil workers union has confirmed an attack on a pipeline operated by state oil firm NNPC in the Niger Delta oil hub claimed by a militant group. Source link

Wood Mackenzie analysis finds that more than a dozen of the largest US independents need oil prices at $55 per barrel to grow by 5% in 2017. Source link

Italian oil major Eni stuck to its targets on Friday, despite reporting a worse-than-expected net loss in the third quarter as a result of lower oil prices and a domestic production...

France's Total battled lower refining margins to beat third-quarter profit expectations on Friday helped by cost cuts, output from new projects and the sale of a solar farm. Source link

Technip raises its full-year 2016 objectives for its subsea division as its revenue and profit beat 3Q expectations. Source link

GTI and BHP Billiton will partner to test hydraulic fracturing technology in the Delaware Basin in Reeves County, Texas. Source link

Oil workers will end a strike at French firm Maurel and Prom's Onal field in Gabon. Source link

BP's General Council Rupert Bondy will step down at the end of the year after 8 years in office during which he oversaw the legal battles surrounding the 2010 Gulf of...
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