Company Operations News

    Rigzone.com: Company Operations News

    The latest upstream oil and gas news from around the world.

  • Oil Producer EQT Corp To Spin Off Midstream Operations

    Oil and gas producer EQT Corp will separate its upstream and midstream businesses, finally giving in to months of investor pressure.
    Read more
  • Austrian Oil And Gas Firm OMV Plans To Grow Via Takeovers -CEO

    Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs.
    Read more
  • Sparrows Group Secures Five Year Contracts with TAQA

    Sparrows Group secures 2 five-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf assets.
    Read more
  • Concho Resources Tops Profit Estimates

    Concho Resources posts a better-than-expected quarterly profit, helped by higher crude prices.
    Read more
  • OGTC Launches Events to Inspire Culture of Innovation in Scotland

    The Oil & Gas Technology Centre launches a series of weekly events to help inspire a culture of innovation in the North-East of Scotland.
    Read more
  • Bravo Target Safety to Create up to 500 Jobs in Coming Months

    Bravo Target Safety says it will be creating up to 500 employment opportunities in the coming months.
    Read more
  • Neptune Energy Completes Engie E&P International Transaction

    Neptune Energy Group completes the acquisition of Engie E&P International SA.
    Read more
  • Eni Holds Out Promise Of Richer Returns As Profits Soar

    Eni says it could create 'substantial surplus value' for shareholders in the future after 4Q profits more than double and beat forecasts.
    Read more
  • UK's Tullow Oil Names New Head Of Ghana Operations

    Tullow Oil names new lead for its Ghana operations.
    Read more
  • Enbridge To Double Asset Sales, Targets About C$8B, Sources Say

    Enbridge plans to accelerate its divestment program by selling assets.
    Read more
  • Marathon Oil Profit Beats Forecasts On Rising Crude, Cost Cuts

    Marathon Oil Corp posts a better-than-expected adjusted quarterly profit.
    Read more
  • Filing: Vallourec Drilling Products Cuts About 150 Jobs In Texas

    Vallourec Drilling Products will lay off roughly 150 employees in Texas, according to a regulatory filing.
    Read more
  • Occidental Petroleum Profit Matches Street Forecast; Shares Slip

    Occidental Petroleum Corp posted a quarterly profit that met - but did not exceed - Wall Street's expectations.
    Read more
  • Malaysia Renews Petronas CEO's Contract For Another Three Years

    The Malaysian prime minister's office re-appoints Wan Zulkiflee Wan Ariffin as the chief executive officer of state energy firm Petroliam Nasional Bhd, or Petronas, for a second 3-year term.
    Read more
  • Services Firm Kvaerner to Invest Millions in New Norwegian Quay

    Services firm Kvaerner plans to invest $46.8 million in a new quay at its facility at Stord in Norway.
    Read more
  • Cluff Natural Resources Chairman to Step Down from CEO Role

    Cluff Natural Resources chairman and CEO, Algy Cluff, will step down as CEO.
    Read more
  • Wood Hired to Support Saudi Aramco 'Mega Project'

    Wood is hired to support Saudi Aramco in the delivery of one of its 'mega projects' in the Kingdom of Saudi Arabia.
    Read more
  • Aberdeen Services Company Experiencing 'Strong' Start to 2018

    TWMA is experiencing a 'strong' start to 2018, particularly in the North Sea.
    Read more
  • Faroe Petroleum Agrees to Sell Stake in Norwegian Sea Development

    Faroe Petroleum plc to sell part of its stake in the Norwegian Sea's Fenja development to Suncor Energy Norge AS.
    Read more
  • Thailand To Hold Auction Of Erawan, Bongkot Gas Fields In March

    Thailand expects to hold auctions for two gas fields this March after terms are approved.
    Read more