KrisEnergy names Jeffrey Macdonald as interim CEO after the retirement of Keith Cameron as company searches for a new chief executive. Source link
Shell's move to reduce its operational standards – as part of its fit for purpose strategy on shale – makes sense as greater capital efficiency will be needed to meet the...
Lundin Petroleum AB completes the acquisition of an additional 15% interest in the Edvard Grieg field, PL338 and interests in associated pipeline assets, from Statoil Petroleum AS. Source link
The Kremlin say it is still premature to say whether the Turkstream natural gas pipeline project involving Turkey will be resumed. Source link
Vard Holdings accepts compensation to terminate REM Offshore's contract to build an offshore construction and anchor handling vessel. Source link
Maersk Oil will focus on building on its operations in the North Sea and in Kenya, after it lost the contract to operate Qatar's largest offshore oilfield. Source link
Europa Oil & Gas (Holdings) plc receives 2 year extension to PEDL 143 License in the Weald Basin, Surrey, UK, by the Oil & Gas Authority. Source link
Statoil will launch a historical fact-based research project for its 50th anniversary in 2022, which will form a professional training tool for coming generations. Source link
Oil major BP says its headquarters will remain in the United Kingdom, despite Britain voting to leave the European Union. Source link
French oil services company Technip says there is no reason for Britain's exit from the EU to impact its merger with FMC Technologies, including plans for London to be the legal...