Company Operations News
Rigzone.com: Company Operations News
The latest oil and gas news from around the world.
CGG Sells Multi-Physics Business
CGG has entered into a sale and purchase agreement with Xcalibur Group for the sale of its multi-physics business.
Read moreSupermajor Era Ends for BP
BP's CEO declared Tuesday the company would be a supermajor no more.
Read moreGulf of Mexico Operator Files Chapter 11
Fieldwood Energy has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
Read moreShell Shrinks Appalachia Portfolio
National Fuel Gas has acquired Shell's integrated upstream and midstream assets in Pennsylvania.
Read moreCalfrac Gets Competing Offer
Wilks Brothers LLC has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd.
Read moreRange to Sell Louisiana Acreage, Cut 100 Jobs
Range Resources Corp. is selling its Louisiana shale fields for about one-10th of what it paid for them just four years ago.
Read moreEni Gets New CFO
Francesco Gattei has become the new chief financial officer of Eni.
Read moreOGTC Launches Virtual Hackathon
The Oil & Gas Technology Centre has launched its first virtual hackathon event.
Read moreNEO Energy Wraps Up North Sea Total Deal
NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from Total Oil UK Ltd and Total E&P North Sea UK Ltd.
Read moreExxonMobil Rips Up $30B Growth Plan
As recently as March, the Texas giant had pinned its future to huge capital spending on oil and natural gas.
Read moreOxy Restores Cuts to Employee Pay
Occidental Petroleum Corp. has restored employee pay cuts imposed after oil prices tumbled and doubled the salary cap for executives to $500,000 a year.
Read moreHalliburton Launches Innovation Lab
Halliburton has announced the creation of Halliburton Labs.
Read moreOffshore Drilling Contractor Files Chapter 11
Noble Corp. plans to cut more than $3.4 billion of debt.
Read moreExxon and Chevron Post Historic Losses
Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation.
Read moreTotal Gabon Sells Assets for up to $350MM
Total Gabon has signed an agreement with Perenco to divest its interests in several assets for up to $350 million.
Read moreNew Chairman for Sapura Energy
Sapura Energy Berhad has announced the appointment of Tan Sri Dato' Seri Shamsul Azhar Abbas.
Read moreSubsea Cable Firm Breaks Ground on US Headquarters
The above photo shows work underway at the site of JDR's new Houston-area facility. PHOTO SOURCE: JDR
Read moreNOIA Approves New Vice Chairman
NOIA's board of directors approved Talos Energy Inc's founder as the organization's new vice chairman.
Read moreDenbury to File Chapter 11
Denbury Resources Inc. became the latest debt-laden oil producer to say it will seek bankruptcy and hand ownership to lenders.
Read moreTotal Takes $8.1B Impairment
The bulk of the impairment -- about $7 billion -- applies to Canadian oil sands.
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