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Malaysian Drilling Services Firm UMW-OG To Buy Icon Offshore
Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) on Thursday said it would buy offshore support vessel provider Icon Offshore Berhad after agreeing to a share sale with its major shareholder.
By : Reuters l Reporting by Liz Lee l editing by Jason Neely | February 01, 2017
Petrovietnam, Exxon Mobil Sign Deal On Gas Generation
State energy group PetroVietnam (PVN) signed an agreement with the Vietnamese unit of U.S. Exxon Mobil Corp on Friday to develop the country's biggest gas project for power generation, the state firm said
By : Reuters l Reporting by My Pham l editing by Susan Thomas | February 01, 2017
Indonesia's Pertamina Removes CEO, Deputy In Management Shakeup
Pertamina removes its CEO Dwi Soetjipto and Deputy CEO Ahmad Bambang, with renewable energy director Yenni Andayani appointed acting CEO.
By : Reuters l Reporting by Wilda Asmarini l Writing by Fergus Jensen l Editing by Tom Hogue | February 08, 2017
Thai PTTEP Back In Black In 2016, Sees Lower Sales By Volume This Year
Thailand's largest oil and gas explorer, PTT Exploration and Production Pcl (PTTEP), said on Thursday it swung into a net profit in 2016 from a loss a year earlier, when it booked a big impairment charge on assets as oil prices slumped.
By : Reuters l Reporting by Manunphattr Dhanananphorn l Writing by Orathai Sriring l Editing by Kenneth Maxwell | February 01, 2017