Monday, March 19, 2018

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...

Semco Maritime secures a contract with Maersk Drilling for the expansion of the Maersk Guardian rig, which will be inserted at various fields in the Danish part of the North Sea...

Brazil's Petroleo Brasileiro SA is not considering selling a 10 percent stake in its giant Libra offshore oil prospect at this time, the state-run oil company said. Source link

Spain's Repsol agrees to swap assets with Statoil in a bid to reduce its capital spending. Source link

Tullow Oil says its executive director, Graham Martin, will leave the company in the spring of 2016. Source link

Wood Group PSN secures a multi-year services contract with ConocoPhillips in Australia, which is effective immediately. Source link

Devon Energy says it will buy some assets in the Anadarko Basin from smaller peer Felix Energy for $1.9 billion. Source link
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