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.
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  • BP 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.
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  • Keppel Bags $Multimillion FPSO Deal

    Keppel has secured a contract from a repeat customer worth around $75 million.
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  • Texas 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.
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  • Angola 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.
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  • Neptune 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.
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  • TXRRC 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.
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  • Noble 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.
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  • Oilfield Services Players Seek Electric Fracturing Supremacy

    Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
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  • AqualisBraemar 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.
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  • Aker 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.
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  • Pressure Pumper Overcomes Extinction Threat

    Here is a recap oil and gas market hits and misses for the week ending Nov. 20, 2020.
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  • Will Exxon Sell Iraq Field Stake to Chinese Firms?

    Such a deal reportedly could fetch at least $500 million.
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  • OGA 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.
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  • Gentle to Join Ovintiv Board

    Ovintiv reported Thursday that Meg A. Gentle will become an independent member of its board of directors.
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  • Aramco 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.
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  • Perenco Eyes Controlling Stake in Ivory Coast Well

    The investment would boost Ivory Coast's ambition to develop its extractive industries.
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  • Sapura 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.
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  • Gulfport 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.
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  • Saudi 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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