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Statoil's Strategy Chief John Knight To Leave Oil Firm In 2019

John Knight, Statoil's head of global strategy and business development, will leave the Norwegian oil firm in 2019.
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Oil Prices Steady But Outlook More Bearish

Oil prices were largely steady, finishing the week with modest gains.
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Petrobras Resorts To Top Court To Free Divestment Plan

Petrobras has asked the Supreme Court to lift an injunction obtained by an oil workers' union that froze sales of its assets.
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OCS Group Secures Rig Services Contract

Oil and gas services company OCS Group secures a multi-million dollar contract, within the MENA region, to supply a suite of enhanced rig inspection services.
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Study Like a CEO: Universities Attended by Europe's Top Oil, Gas Execs

Where, and what, did the CEOs of some of Europe's top oil and gas companies study?
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Ownership Of Norway's Nyhamna Gas Export Plant To Expand

The ownership of Norway's Nyhamna gas-processing plant could expand to 13 companies this year, from 5 now, when Gassco succeeds Royal Dutch Shell as the facility's operator.
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Semco Maritime Inks Deal with Maersk Oil and Gas; Will Add Offshore Jobs

Semco Maritime enters into its largest contract in company history with Maersk Oil and Gas to add jobs in the North Sea.
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UK's Tullow Oil Makes $750MM Cash Call To Reduce Debt

Tullow Oil Plc plans a rights issue to raise about $750 million to cut its $4.8 billion debt burden and make investments in drilling and exploration in Latin America and Africa.
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Cheniere Gas Pipeline Would Link STACK-SCOOP to Gulf Coast, Southeast

Cheniere's Midship unit signs deals with foundation shippers, kicks off open season for proposed 200-mile gas pipeline.
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Senex to Accelerate Gas Delivery from Vanessa with Government Grant

Senex Energy will accelerate the delivery of gas from its Vanessa field in the Cooper Basin with the approval of $5.82 million in funding through the South Australian Government's PACE Program.
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BP Halves Stake In New Zealand's Only Oil Refinery

BP Plc sells around half its roughly 20% stake in New Zealand Refining Company Limited for NZ$80.4 million ($56.2 million) as part of a global portfolio review.
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China's Sinopec Close To Snapping Up Chevron's South African Oil Assets

China Petroleum and Chemical Corp (Sinopec) is nearing an agreement to buy a majority stake in Chevron Corp's South African assets.
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Nigerian Court Overturns Seizure Of Oilfield From Shell And Eni

A Nigerian court overturns a request by Nigeria's financial crimes agency to seize an oilfield from Royal Dutch Shell and Eni.
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Metrix High Velocity Sensor Receives SIL 2 And SIL 3 Certification

Metrix Instrument Company’s high-temperature velocity sensor, the 5485C, has been certified by H-ON Consulting as compliant with the international safety standard Safety Integrity Level (SIL) 2 and SIL 3 capable. SIL certification measures safety system performance and the likelihood of failure. Achieving SIL 2, and SIL 3 capable, based on the IEC6158 Functional Safety Standard, […]
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EIA: Warmer Weather Nets First February Nat Gas Injection

The warm spell that swept most of the United States last month lead to the first recorded net natural gas injection in February since weekly storage data has been collected, according to the U.S. Energy Information Administration (EIA). For the week ending February 24, stored natural gas amounts in the Lower 48 states increased 7 […]
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Facilities Ops Specialists in Demand in Middle East

Region's oil and gas employers still need facility asset pros, consultant tells Rigzone.
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EU Lawmakers Reject Call For Ban On Arctic Oil Exploration

The European Parliament rejected a call to ban Arctic oil and gas exploration.
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Saudi Says Oil-Supply Cuts May Be Extended If Necessary

OPEC and its allies may prolong production cuts after they expire in June if the world's crude inventories remain excessive, Saudi Arabia's Energy Minister said.
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Statoil CEO Warns of Globalization 'In Reverse' After DC Visit

After the surprise election of Donald Trump, the head of Norway's biggest oil company headed to Washington DC this month looking for reassurance. He came away as worried as ever.
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Oil Slips Despite Weak Dollar As US Stockpiles Remain High

Oil prices slipped, as support from a weaker dollar was offset by US crude inventories near record high levels.
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