Your Research Tool and News Aggregator for Oil and Gas Business.
March 29, 2015 7:20 am

Oil Is Falling Again.

Finance Minister: Austrian Choice of OMV CEO to Surprise

Austria’s Finance Minister Hans Joerg Schelling tells reporters that OMV will name a surprise candidate Friday to take over as chief executive.

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Chevron Seeks to Exit Caltex Australia with $3.6B Stake Sale

Chevron seeks to sell its entire stake in Caltex Australia for $3.6 billion.

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Aker Appoints New Business Heads

Aker Solutions appoints Tore Sjursen as its new VP for operation improvement and risk management and Knut Sandvik as the new head of its MMO business.

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Advanced Drillships Become Burden For Owners As Business Dries Up

Drillship operators face a more brutal hit to margins than they did in 2008 because of the huge cost of maintaining the more than $10B worth of state-of-the-art vessels, analysts say.

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Offshore to Office: Transitioning from a Rig to Office in Oil, Gas

Industry veterans and experts offer tips and advice for offshore workers who are considering transitioning from working on a rig to working in an office.

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