Saturday, February 24, 2018

Malaysia's oil and gas services and manufacturing firms look overseas for business as domestic market contracts. Source link

Keppel Offshore & Marine completes acquisition of Cameron's offshore product division. Source link

Essel Group Middle East will employ up to 1,000 people across Africa from 2016 onwards, according to the company's group chief executive Punkaj Gupta. Source link

ConocoPhillips is pulling some of its assets off the market as a prolonged industry downturn makes it harder to get the desired prices. Source link

Premier Oil plc completes the acquisition of UK North Sea assets from E.ON. Source link

Det norske reports 1Q operating earnings in line with expectations and repeats its outlook guidance for 2016. Source link

Fugro will reduce its headcount by around 600 employees in "the coming quarters" as it continues to adjust its cost base and capacity to "the market reality". Source link

Eni beats operating profit expectations in 1Q despite swinging to a net loss because of weak oil prices and a charge on its Saipem holding. Source link

Wood Group secures a new 5 year contract with BP-operated projects, valued at $500 million, to deliver engineering, procurement and construction management services to 8 facilities, offshore Azerbaijan. Source link

Tullow Oil reduces its annual capital expenditure budget by another $100 million to $1 billion and may cut spending further as it adjusts its balance sheet to weak oil prices. Source link...
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