Friday, October 19, 2018

Norway's Statoil cuts its 2016 capital spending guidance as it posts earnings well below forecasts. Source link

BP will forge ahead with at least three more new projects this year, its CEO says, despite reporting a 45 percent drop in second-quarter earnings that prompted a cut in its...

JKX Oil & Gas says that a local police investigation into its Ukrainian subsidiary is continuing. Source link

Keppel Corp., the world's largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus that's caused quarterly profit to fall to the lowest...

NautiAWT forms a joint venture, ENRA NauticAWT, with ENRA Oil and Gas Services to tap business opportunities in Malaysia. Source link

Canada's Husky Energy reports a second-quarter loss as production falls due to planned maintenance and the Fort McMurray wildfire in Alberta. Source link

Canadian oil and gas producer Encana Corporation reports a smaller quarterly loss thanks to its ongoing cost-cutting drive. Source link

French oil and gas producer Total is unlikely to take on ExxonMobil in a bidder war for explorer InterOil Corp, analysts say. Source link

Aberdeen Drilling Consultants is awarded a contract by BP to provide the oil supermajor with engineering services around the world. Source link

EnQuest is in talks to sell a 20-percent stake in the North Sea's Kraken oilfield to Israeli conglomerate Delek Group, according to the companies. Source link
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