Rigzone Industry News

Occidental's oil and gas pre-tax income for the third quarter was $2.0 billion, compared to pre-tax income of $1.1 billion in the previous quarter.

AltaGas Ltd. reported a net loss before income tax of $36.99 million (CAD 51 million) for the third quarter.

These major energy companies are hiring right now for a range of roles in several different locations.

The Riograndense Petroleum Refinery in Brazil has successfully processed 100 percent soybean oil in a fluid catalytic cracking unit.

International Seaways logged $97.9 million in net profit for Q3.

McDermott will perform the transportation and installation of a central processing platform and living quarters for the KG-DWN-98/2 project.

The transport support services provider has invested around $200 million to purchase 10 offshore vessels targeted to bolster its offshore operations in the Middle East and Southeast Asia.

The collaboration involves both converting fossil fuel refineries and building new biofuel refineries.

Norway has raised petroleum license area fees by 18.02 percent.

Venezuela signed a contract with Etablissements Maurel & Prom that will allow the French driller to triple production following the easing of US oil sanctions.