The head of China National Offshore Oil Corporation (CNOOC) told an audience of energy industry executives in Houston he hoped to overcome “misunderstandings" about the purpose of recent acquisitions by Chinese oil companies.
US oil firm Apache Corporation said last night it had completed a "merger" with fellow-Houston company Mariner Energy.
Hunting, said yesterday it was positioned to exceed full-year market expectations following a strong performance from July 1 to October 28.
THE president of Houston-based private-equity firm SCF Partners is in Aberdeen this week to mark its achievements since entering the local market in 2007.
ABERDEEN mechanical service group EnerMech has appointed Shirley Smith as director of human resources.
NORTHERN Offshore, which was listed on the Norwegian stock exchange less than 12 months ago, believes it is well placed to win drilling work in the UK and Norwegian sectors.
Scottish engineering firm Weir Group said yesterday it expected more progress this year as it announced a substantial increase in first-half profits.
THE Reservoir Group has moved a step closer to achieving its goal of becoming a global leader in downhole drilling products and services to the oil and gas industry.