Friday, October 19, 2018

GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, secures a field decommissioning contract with Premier Oil Indonesia to support the shut-down of four subsea wells in the Anoa Field. Source link

Europa Oil & Gas (Holdings) plc completes the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of $1.29 (GBP 1). Source link

GE inks a memorandum of understanding with L&T Hydrocarbon Engineering (LTHE) for the manufacture of subsea manifolds for deepwater projects in India. Source link

Vantage Drilling appoints industry veteran Ihab Toma as its new chief executive officer. Source link

The interim judicial managers of Singapore's Swiber Holdings says the company is considering legal action against London-based private equity firm AMTC for breaching a preference share subscription deal. Source link

IKM Subsea AS (IKM) secures a contract for ROV and subsea services from Statoil, covering the Visund and Snorre fields in the North Sea. Source link

An Indian court grants an interim order to freeze payment on bank guarantees posted by Singapore's financially troubled Swiber Holdings for its projects offshore India. Source link

SM Energy will expand its Midland Basin footprint with the acquisition of assets from Rock Oil Holdings for $980 million. Source link

Gulf Marine Services receives a new contract award for one of its mid-size class vessels. Source link

A Sinopec Corp subsidiary agrees to pay compensation of $4.5 million for damages caused by an explosion last month on a section of the Sichuan-East China natural gas pipeline. Source link
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