One death reported at Petronas gas pipeline explosion in Malaysia
Petronas’ Sabah-Sarawak gas pipeline explosion on Wednesday in Lawas, Malaysia, killed one and injured two people.
Source: offshore-technology.com
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Japan to retain 30% stake in Russia's Sakhalin-1 project operator
The Japanese government has decided to retain its stake in the new Russian firm that manages the Sakhalin-1 oil and gas project.
Source: offshore-technology.com
Shell divests stake in Malampaya gas field offshore Philippines
Shell Petroleum N.V. has concluded the divestment of its 100% stake in Shell Philippines Exploration to Malampaya Energy XP (MEXP).
Source: offshore-technology.com
Chesapeake cuts workforce prior to sale of South Texas oil assets
Chesapeake Energy has laid off nearly 3% of its workforce ahead of its potential sale of oil properties in South Texas.
Source: offshore-technology.com
Exxon looking to buy oil and gas producer Denbury
Exxon Mobil is in preliminary talks to acquire US-based oil and gas producer Denbury, reported Bloomberg News.
Source: offshore-technology.com