Saipem changes management team in wake of profit decline
The Italian multinational revoked its October outlook last week, due to the “significant deterioration” of profit margins.
Source: offshore-technology.com
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Nigerian FPSO vessel explodes; 10 missing, oil spilled
The Nigerian FPSO vessel Trinity Spirit was working on the Ukpokiti field near the Niger delta when it exploded, leaving 10 missing.
Source: offshore-technology.com
Wintershall Dea sells interest in Egypt's Gulf of Suez concession
Wintershall Dea has divested its interest in the Gulf of Suez concession in Egypt to the Egyptian General Petroleum Corporation.
Source: offshore-technology.com
Vitol partners with ATX Energy Partners for shale expansion
Independent oil trader Vitol Group has partnered with oil and gas company ATX Energy Partners to expand their business.
Source: offshore-technology.com
Cureton Midstream buys Aka Energy's Gilcrest System in US
Cureton Midstream has acquired the Gilcrest System in the US from Aka Energy Group, which is owned by the Southern Ute Indian Tribe.
Source: offshore-technology.com