Bibby Offshore Delivers Multi-Million Dollar Decommissioning Contracts
Bibby Offshore completes two multi-million dollar decommissioning contracts on the UK Continental Shelf in 2015.
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Gazprom, CNPC Sign MOU on Gas Supply Project to China
Gazprom and CNPC sign a memorandum of understanding on the project for pipeline gas supply from Russia's Far East to China.
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YPF, Gazprom Sign Accord to Develop Gas Projects in Argentina
The agreement to develop tight and shale hydrocarbons in Argentina sets out the principles for cooperation for a final accord that could be signed in the Russian spring.
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Baker Hughes: US Oil Drillers Cut Rigs As Crude Prices Collapse
US energy firms cut 13 oil rigs for the first time in seven weeks, as a renewed slump in prices this summer forced drillers to make a second round of cut-backs.
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Arbitration Tribunal Closes Case on Cosco-Deepwater Dalian Drillship Spat
Cosco Dalian reports that an arbitration tribunal in London has indicated that the firm has no further liabilities to Dalian Deepwater Developer over the construction contract for a drillship.
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Heerema Secures Services Contract for Culzean
Heerema Fabrication Group secures an engineering, procurement and construction contract, with Maersk Oil North Sea UK Limited, for the Culzean development in the North Sea.
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Oil & Gas UK Launches North Sea Task Force
Oil & Gas UK launches a new North Sea task force, which aims to improve the efficiency and competitiveness of the UK's oil and gas industry.
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Trinity to Sell GU-1 Block for $2.8M
Trinity agrees to sell its 100 percent interest in the onshore Guapo-1 (GU-1) block to New Horizon Exploration Trinidad and Tobago Unlimited for $2.8 million.
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Keppel O&M to Acquire Cameron's Offshore Rig Business for $100M
Keppel Offshore & Marine to acquire Cameron's offshore rig business, comprising the LETOURNEAU jackup designs, rig kit business and aftermarket services for $100 million.
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Russian Oil Firms Raise Profits And Output, Spurred By Rouble Weakness
Russian oil firms are increasing their rouble profits and raising production as a weak currency protects their business, which has turned into one of the world's most profitable.
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