Company Operations News
Rigzone.com: Company Operations News
The latest upstream oil and gas news from around the world.
Baker Hughes: US Drillers Cut Oil Rigs For Second Week In Three
US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.
Read moreConoco To Start Dismantling Historical Norwegian Oil Platform
ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago, the country's industry regulator says.
Read moreColombia's Ecopetrol Names New CEO, Echeverry Resigns
Ecopetrol says its current vice-president, Felipe Bayon, will take over as chief executive.
Read moreTransocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B
Transocean has agreed to buy Norwegian competitor Songa Offshore for $1.1 billion.
Read moreAmec Foster's First-Half Trading Profit Falls, Margins Improve
Amec Foster Wheeler reports an 8% fall in half-year profit, but stronger margins helped to boost its shares.
Read morePremier Oil Names Roy Franklin As Chairman
Premier Oil hires oil and gas industry veteran Roy Franklin as its chairman.
Read moreBaker Hughes Clinches Integrated Services Contract For PNG Gas Field
Baker Hughes wins a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field.
Read moreChinese-Owned Oil Firm Addax Shuts Offices After Swiss Bribery Case
Chinese-owned oil firm Addax Petroleum is shutting its offices in Geneva, Houston and Aberdeen, a month after it agreed to pay 31 million Swiss francs ($31.85 million)to settle charges of suspected bribery of foreign officials.
Read moreUAE's ADNOC To Split Huge Oil Concession, In Talks With Potential Partners
Abu Dhabi National Oil Co (ADNOC) says it will split its ADMA-OPCO offshore oil concession into two or more areas.c
Read moreCanadian Natural Resources Profit Tops Estimates; Cuts CAPEX
Canadian Natural Resources posts a higher quarterly profit that topped estimates.
Read moreChesapeake To Cut Rig Count, Bring Fewer Wells To Production
Chesapeake beats quarterly profit estimates, but says it plans to cut its rig count and bring fewer wells into production this year.
Read moreUK Regulator: Wood Group Takeover Of Amec Could Hurt Competition
Britain's market regulator says a takeover of Amec Foster Wheeler by oilfield services firm Wood Group could hurt competition.
Read moreBP's West Africa Partner Kosmos To List In London By End-September
Kosmos Energy will list on the London Stock Exchange by the end of September in a bid to attract more European investors.
Read morePioneer Natural Trims 2017 Budget, Cites Weak Oil Prices
Pioneer Natural Resources Co posted a better-than-expected profit, but said it would trim its 2017 capital budget.
Read moreDevon Energy Trims Full-Year Spending
Devon Energy trims its full-year exploration spending by $100 million, joining a growing list of US shale producers.
Read moreEOG Resources Profit Disappoints, But Sticks By CAPEX
EOG Resources Inc posted a lower-than-expected quarterly profit.
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