News

(Bloomberg) – Exxon Mobil Corp. is looking for opportunities to acquire smaller rivals, a year after buying Pioneer Natural Resources Co. for $60 billion, Chief Executive Officer Darren Woods said.  ExxonMobil CEO Darren […]

(Bloomberg) – Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded $4 billion, the venture said.  Kazakhstan previously sought to fine the Kashagan oil […]

SLB has acquired Stimline Digital AS, a leading cloud-based software company for the energy sector specializing in well intervention.  Stimline Digital’s IDEX™ platform provides operators with a powerful visualization canvas and collaborative environment […]

(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. posted better-than-expected results after record oil production cushioned the impact of lower crude prices.  Exxon pumped more oil than it has in any second quarter […]

EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.  bp Trinidad & Tobago Having […]