Sunday, December 17, 2017

MOL's upstream segment posts a 99% year on year reduction in operating profit in its 3Q results. Source link

Amec Foster Wheeler increases its cost savings target to $180 million by 2017, marking a $55 million rise from its previous target of $125 million. Source link

Lundin Petroleum will continue to improve its operational and capital efficiency and work to reduce its costs for the foreseeable future, according to Lundin's president and CEO, Alex Schneiter. Source link

Wood Mackenzie outlines weak financial performance in 3Q, surging production levels and deep cost cutting as key trends among majors. Source link

Centrica Energy agrees to award services contracts to Aibel and Subsea 7 for projects on the Norwegian Continental Shelf. Source link

Husky swings to a quarterly loss due to a $2.9 billion after-tax impairment charge. Source link

Keppel FELS delivers Arabdrill 70 jackup to Arabian Drilling Company. Source link

French oilfield services firm Technip wins 'a substantial contract' to supply flexible pipes to the Libra giant field development offshore Brazil. Source link

Duke Energy Corporation plans to buy Piedmont Natural Gas Company for $4.9 billion in cash to help expand its natural gas distribution business. Source link

Energy firms signal "further cuts" for the next 2 years, according to geoscientific data company TGS. Source link
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