Halliburton Appoints Lance Loeffler As New CFO
Halliburton Co. (NYSE: HAL) has appointed Lance Loeffler, previously vice president of investor relations, as CFO on Nov. 12.
China Overtakes Japan As World's Top Natural Gas Importer
China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.
Topaz Signs Long-Term Agreement With Reach Subsea
Topaz Energy and Marine has signed a long-term agreement with Reach Subsea on Nov. 8 under which Reach will charter the newbuild subsea vessel, Topaz Tiamat.
Weatherford Targets Digital Technologies To Optimize Oil Production
The oilfield service company is using digital technologies such as the Internet of Things, cloud computing and advanced analytics in an effort to improve production efficiency in the oil patch.
Voters Prop Up Industry, But Future Ballot Battles Likely
Colorado’s Proposition 112 and Washington State’s Initiative 1631 falter.
Philippines Says Exploration Deals With China Ready For Signing
The Philippines is ready with two joint oil and gas exploration agreements to be signed with China, its energy minister said on Nov. 7, and reiterated his position calling for the lifting of the ban on drilling works in a disputed area in South China Sea.
Rowan Renaissance Wins Contract From Total
Rowan Companies Plc (NYSE: RDC) said Nov. 5 that the Rowan Renaissance, an R-Class ultradeepwater drillship, has been awarded a contract in Mexico by Total with a firm term of one well with an estimated duration of 60 days.
Park Energy Services Partners With Chesapeake Following Midcon Compression Acquisition
The partnership with Chesapeake Energy follows the acquisition by Park Energy Services of Midcon Compression, a division of Chesapeake, for an undisclosed amount.
Equinor Awards Fourth Sverdrup Jacket Contract To Kværner
Equinor and the Johan Sverdrup license have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner, the company said on Oct. 31.
Oil Industry Moves Beyond Digital Hype To Add Value
Chesapeake, BHGE and VAKT share thoughts on digital technology and how it is transforming the industry.