Maersk Oil announced in its third quarter results that it is planning to shed its interest in the Buckskin oil and gas field, in the US Gulf.
GE and Baker Hughes announced a merger to create a world-leading oil field technology provider with “a unique mix of service and equipment capabilities”.
Transocean announced today it has been awarded a string of new contracts for its rigs in the UK North Sea and a new contract offshore Canada.
Wood Group announced today it has secured a contract to provide engineering, procurement, construction and maintenance services to the Hibernia platform offshore Canada, the world’s largest oil platform.
Royal Dutch Shell announced today it has agreed to sell oil and gas assets in Western Canada for a total consideration of approximately US$1.037 billion (£847.364 million).
A Texas-based oil company announced it has made a large-scale oil discovery offshore Alaska.
Malaysia’s Petronas is allegedly considering the sale of its majority stake in the British Columbia liquefied natural gas (B.C. LNG) plant, media sources reported.