Offshore US Oil Firms Talos, Stone Energy Plan $2.5B Merger
Talos Energy and Stone Energy announced plans to merge and create a new company.

Reuters

NEW YORK, Nov 21 (Reuters) - Talos Energy LLC and Stone Energy Corp, two U.S.



Australia's FAR Expects 1.1B Barrels Of Oil From Gambian Blocks
FAR Ltd says an independent study of 2 of its offshore blocks in West Africa's Gambia found potential for a total of 1.1 billion barrels of oil.



Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock
Can Norway dump $35B in oil and gas investments, and simultaneously convince that same industry to throw money into the country's own fossil-fuel future?



BiFab 'Secures' Future, Workforce
Burntisland Fabrications Limited (BiFab) 'secures' its future after reaching a 'financial solution' with its key stakeholders.

Burntisland Fabrications Limited (BiFab) has ‘secured’ its future after reaching a ‘financial solution’ with its key stakeholders, the BOP Blow Out Preventer repair company gulf coast revealed Monday.



Reuters

BAGHDAD, Nov 20 (Reuters) - BP and Eni are among companies that have expressed an interest in developing the giant Majnoon oilfield which Royal Dutch Shell plans to leave next year, Iraqi oil officials said on Monday.



Reuters

LOS ANGELES, Nov 20 (Reuters) - Oil prices fell 0.8 percent on Monday, extending recent weakness ahead of next week's OPEC meeting, while a rally in the dollar hurt commodities across the board.



Siemens to Cut Almost 7,000 Jobs Worldwide
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).



Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil Corp.



Reuters

LONDON/FRANKFURT, Nov 17 (Reuters) - German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.



The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of oil rig flanges gulf coast production from the Maria field in the Norwegian Sea.

  1. Oil Rises Over 2%, But Shows First Weekly Fall In Six | Gulf Coast Oil Rig Equipment & Repair
  2. Norway's Oil Sell-Off Plan Is 'Shot Heard Around the World' | Gulf Coast Oil Rig Equipment & Repair
  3. China's Oil Refiners Rush To Cash In On Bumper Profits | Gulf Coast Oil Rig Equipment & Repair
  4. Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project | Gulf Coast Oil Rig Equipment & Repair

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