Diamond Offshore Drilling Inc., a unit of Jim Tisch's Loews Corp., suffers a loss in its lawsuit against Statoil as a judge said Norway's biggest oil company didn't breach a contract...
Malaysia Marine and Heavy Engineering Holdings bags an engineering, procurement, construction and commissioning contract from Petronas Carigali for a wellhead platform at the Kumang cluster gas fields offshore Malaysia. Source link
Petroleos Mexicanos hopes to start 2016 with a plan to become leaner and more efficient. Source link
Noble Group Ltd signs its first liquefied natural gas (LNG) sales contract in the Asia Pacific region. Source link
Petrobras will have to agree to extract at least 900 million barrels more of oil and natural gas equivalent from its Marlim and Voador fields to win early renewal of its...
Eni's CEO meets the chairman of Libya's Tripoli-based National Oil Corporation to discuss the outlook for the oil sector in the country. Source link
KCA Deutag sells its jack-up drilling unit, the Ben Loyal, to Egyptian-headquartered Advanced Energy Systems "for an undisclosed sum". Source link
National Oilwell Varco and Lone Star College partner to provide job training to 271 workers. Source link
Azerbaijan's state oil firm SOCAR plans to cut spending next year due to lower oil prices and introduce changes in the way its overseas offices operate. Source link
GE is in advanced talks to buy the drill-bits and drilling-services divisions of Halliburton, which is divesting assets to win antitrust approval for its takeover of Baker Hughes, according to people...