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AOG Daily: 2019 / July

Wednesday, 31 July 2019 18:30

Oxy Q2 Earnings Dip

Occidental Petroleum Corp , which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% drop in quarterly…
Wednesday, 31 July 2019 16:24

MDL Wins Equatorial Guinea Pipelay Work

Maritime Developments (MDL), a provider of back-deck equipment for the subsea sector of oil and gas industry, has been awarded a contract to supply a…
Wednesday, 31 July 2019 09:35

Fire Erupts at Exxon's Baytown complex; 37 Hurt Featured

Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people…
A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 pipeline from…
Wednesday, 31 July 2019 02:38

Hess Corp Posts Smaller Quarterly Loss

Hess Corp reported a smaller-than-expected quarterly loss on Wednesday, helped by lower exploration costs and a surge in output in its Bakken shale and Gulf…
Wednesday, 31 July 2019 01:39

BP and Eni Ink Exploration Deal in Oman

Supermajors BP and Eni on Wednesday signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil…
Tuesday, 30 July 2019 20:16

KBR Wins Aramco Offshore Contract

American engineering company KBR, Inc., announced that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi…
Pipeline operator Enterprise Products Partners  signed long-term agreements with Chevron Corp to develop Enterprise’s Sea Port Oil Terminal (SPOT) in the Gulf of Mexico. Chevron…
GSP Holding company GSP Offshore SRL is the preferred drilling and engineering services provider of Trident Black Sea, in its bid for the right to…
Tuesday, 30 July 2019 20:01

US LNG Exports to Europe Grow

U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in…
Tuesday, 30 July 2019 20:00

Swiber Forms JV with Hilong Marine

Singapore offshore company Swiber Holdings' wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder's agreement with Hilong Marine Engineering (HME) to establish a…
Tuesday, 30 July 2019 19:58

UK Plans to Boost Drilling

The Oil and Gas Authority (OGA), UK has published for the first time a Wells Strategy which provides a framework of how the OGA and…
Tuesday, 30 July 2019 19:57

Neptune Acquires German Oil & Gas Fields

UK-based Neptune Energy has agreed to acquire interests from Wintershall Dea in certain oil and gas fields in the Emsland and Grafschaft Bentheim regions in…
Dutch dredging company Royal Boskalis Westminster N.V. has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export…
Tuesday, 30 July 2019 16:30

Digitalization Boosts Renewable Sector

Renewable energy investors and developers are increasingly turning to digital technology to build effective investment strategies, with almost half (47%) of the finance industry saying…
Tuesday, 30 July 2019 09:52

USCG Investigating Offshore Facility Fatalities Featured

Rear Adm. John Nadeau, who recently took command of the Eighth Coast Guard District in New Orleans, convened a formal investigation last week for the…
Tuesday, 30 July 2019 03:18

BP Profits Lifted by Production Uptick Featured

A strong rise in oil and gas production helped BP offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting…
State-run Korea National Oil Corp (KNOC) is considering upping the stake it is planning to sell in its British unit Dana Petroleum after failing to…
Tuesday, 30 July 2019 03:04

For China, U.S. Soybeans are Small Fry

China's purchase of some U.S. soybeans is being viewed as a tentative sign of a little détente in the dispute between the world's two largest…
Tuesday, 30 July 2019 02:55

ConocoPhillips Profit Slides

ConocoPhillips missed Wall Street estimates for quarterly profit on Tuesday as it spent more than expected and took a hit from lower crude prices due…
Dubai-based Drydocks World has signed a contract with Petrofac and end-client TenneT to build a High Voltage Alternating Current (HVAC) platform in the Netherlands sector…
Monday, 29 July 2019 16:16

DNV GL Looks for Partners in LIDAR JIP

The international accredited registrar and classification society DNV GL calls on industry stakeholders to jointly develop acceptance criteria for LIDAR-measured Turbulence Intensity (TI). Pic: DNV…
Sunday, 28 July 2019 19:43

Ocean Monarch Mobilises to Otway

Australian upstream oil and gas exploration and production company Cooper Energy  announced the semi-submersible drilling rig Ocean Monarch, operated by Diamond Offshore, has commenced mobilisation…
Spanish public multinational utility company Iberdrola said that its gross operating profit (EBITDA) grew by 12.5% to €4.99 billion, due to the positive performances in…
The iconic former coal-fired Ferrybridge Power Station in West Yorkshire has been demolished, before the official opening of Beatrice Offshore Wind Farm in the Moray…
Sunday, 28 July 2019 19:34

Dana Gas Finds New Oil in Kurdistan

Sharjah-based gas giant Dana Gas has announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and…
National Petroleum Construction Company (NPCC) and Petrofac, in a joint venture with CNPC, have won a front-end engineering design (Feed) contract from Adnoc Group company…
North American LNG exports will grow quickly until 2023 then plateau until a second wave of capacity comes online from 2025, McKinsey Energy Insights said…
Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited,…
Sunday, 28 July 2019 19:00

LAGCOE 2019 Marketing Opportunity

  Don't Miss This Unique Opportunity to Get Your Company in Front of 10,000 Oil & Gas Professionals  An advertising sponsorship on the 2019 LAGCOE event map…
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