Company Operations News
Rigzone.com: Company Operations News
The latest oil and gas news from around the world.
Cairn Appointing New Chair
Cairn Energy plc (LON: CNE) has announced that Nicoletta Giadrossi will be appointed chair of the company with effect from January 1, 2021.
Read moreBP to Invest More in Middle East Oil Fields
BP Plc said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
Read moreKeppel Bags $Multimillion FPSO Deal
Keppel has secured a contract from a repeat customer worth around $75 million.
Read moreTexas Upstream Job Count Rises Again
Texas' upstream oil and gas sector added jobs for the second month in a row in October, TXOGA reported Tuesday.
Read moreAngola to Sell Stake in National Oil Company
The sale is part of a push by Africa's second-biggest oil producer to raise cash and jump-start a moribund economy.
Read moreNeptune Appoints New Egypt MD
Neptune Energy announced Tuesday that Mohamed Mounes Shahat will join the company in December as its new Egypt Managing Director, based in Cairo.
Read moreTXRRC Commissioner Becomes IOGCC Vice Chairman
Texas Railroad Commissioner Wayne Christian has been selected to be the Vice Chairman of the Interstate Oil and Gas Compact Commission.
Read moreNoble Shares Reorganization Update
Noble Holding Corporation plc (OTC-PINK: NEBLQ) announced Monday that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the company's joint plan of reorganization.
Read moreOilfield Services Players Seek Electric Fracturing Supremacy
Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
Read moreAqualisBraemar to Buy LOC Group
AqualisBraemar ASA revealed Monday that it has entered into an agreement to acquire 100 percent of the shares in LOC Group.
Read moreAker Bags Equinor Deal
Aker Solutions has won a framework agreement with Equinor (NYSE: EQNR) to provide maintenance and modifications services at the Peregrino field, offshore Brazil.
Read morePressure Pumper Overcomes Extinction Threat
Here is a recap oil and gas market hits and misses for the week ending Nov. 20, 2020.
Read moreWill Exxon Sell Iraq Field Stake to Chinese Firms?
Such a deal reportedly could fetch at least $500 million.
Read moreOGA Highlights Benefit of UK Energy Integration
Integrating energy systems could deliver around 30 percent of the carbon reduction needed to meet the UK's 2050 net zero target, according to a new report from the UK Oil and Gas Authority.
Read moreGentle to Join Ovintiv Board
Ovintiv reported Thursday that Meg A. Gentle will become an independent member of its board of directors.
Read moreAramco Awards Major Deals to 8 Companies
Saudi Aramco (TADAWUL: 2222) has awarded major long-term agreements to eight companies for its oil and gas brownfield projects.
Read morePerenco Eyes Controlling Stake in Ivory Coast Well
The investment would boost Ivory Coast's ambition to develop its extractive industries.
Read moreSapura Bags Major Middle East Contract
Sapura Energy Berhad (KLSE: SAPNRG) has announced a major contract win in the Middle East via its subsidiary Sapura Fabrication Sdn Bhd – Qatar Branch.
Read moreGulfport Energy Files Chapter 11 Bankruptcy
Gulfport Energy filed for bankruptcy, joining a slew of US oil and gas companies that are collapsing after the pandemic deepened their struggle with low prices and too much debt.
Read moreSaudi Aramco Eyes Debt Market to Support $75B Dividend Payout
Saudi Aramco is set to return to the bond markets for the first time since April of last year as it seeks to fund a $75 billion dividend commitment.
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