Asset Portfolio Management News

Agreement to Manage Seadrill Partners LLC’s Deepwater Floaters
United Kingdom >> 3/19/2021 - Vantage Drilling International (“Vantage”), announced, that it has entered into a Framework Agreement and related Management and Marketing Agreements with Seadrill Partners LLC (“Seadrill Partners”) u...
Fluor Unveils New Strategic Priorities and Goals
United States >> 1/28/2021 - Fluor Corporation (FLR) unveiled its new strategy to become the preeminent leader of professional and technical solutions at its 2021 Strategy Day called “Building a Better Future.” ...
Apache Corporation Announces Creation of Holding Company Structure
United States >> 1/4/2021 - Apache Corporation (“Apache”) (NAPA) announced that its Board of Directors authorized the company to create a holding company structure. Upon its formation, APA Corporation, the new holding company, w...
Siemens & Bentley Introduce Asset Performance Management Solution for Oil & Gas Operators
United States >> 10/19/2020 - Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with o...
Aramco Announces Corporate Development Organization
Saudi Arabia >> 8/23/2020 - The Saudi Arabian Oil Company (“Aramco”) announced the establishment of an integrated Corporate Development organization to optimize the Company's portfolio. <...
Disposal of Italian Portfolio and Notice of General Meeting
Italy >> 12/3/2019 - Coro Energy plc is pleased to announce that the Group has entered into a conditional sale and purchase agreement (the SPA) with Zenith Energy Ltd (Zenith) for the proposed disposal by Coro of its enti...
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake Egypt >> 8/1/2019 - Shares in Egypt’s Qalaa Holdings, one of the country’s largest investment companies, fell by nearly 10% on Wednesday after it said that its stake in a new refining company had been reduced. ...
TC Energy Enters Agreement to Sell Columbia Midstream Assets for US$1.275 billion
United States >> 7/2/2019 - TC Energy Corporation (TRP) has entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporati...
Delek Group Participating in The Sales Process For Chevron’s North Sea Assets
United Kingdom >> 4/29/2019 - Delek Group has announced that, as part of its strategy to expand its activities in the international energy markets and capture additional operational and financial synergies, its wholly-owned subsid...
Oceaneering Enters Strategic Agreement to Grow Asset Integrity Capability in Pakistan
Pakistan >> 12/23/2018 - Oceaneering International, Inc. (“Oceaneering”) announces that its subsidiary Oceaneering International GmbH entered into a strategic collaboration agreement with F&M Private Ltd (F&M Inspections) to ...
ABB Wins Significant Asset Management Solution Order in China
China >> 11/14/2018 - Jiangsu Electric Power Company, one of the largest subsidiaries of State Grid of China Corporation (SGCC), which supplies electricity to more than 80 million people, has selected ABB Ability™ Ellipse®...
Erdogan Says Other Countries Cannot Extract Gas in Turkish, N.Cyprus Waters
Turkey >> 11/4/2018 - Turkey will not allow the exploitation of gas reserves in Turkish and north Cypriot waters of the eastern Mediterranean, President Tayyip Erdogan said. ...
New Technology & Digitization Driving a Transformation in Plant Asset Management
United Kingdom >> 10/30/2018 - Our commercial director, Phil Buchan, has been featured in the Latest newsletter from Gastech insights. ...
McDermott Completes Strategic Review of Portfolio
United States >> 10/30/2018 - McDermott International, Inc. (MDR) announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting from its combination with CB&I earlier thi...
Brazil Court Authorizes Resuming the Divestment Program
Brazil >> 3/15/2017 - Petroleo Brasileiro S.A, Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) issued, repealed the pr...
Gran Tierra Announces Status of Peruvian Assets
Peru >> 1/11/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, announced that management of Gran Tierra is evaluating a proposal relating to the Company's asse...
Karoon in the Federal Court for Petrobras Assets Sale
Brazil >> 12/20/2016 - On 25 October 2016, Court proceedings were initiated in the Federal Court of Sergipe by Mr. Jose Hunaldo Nunes Santos against Petroleo Brasileiro S.A. (Petrobras), the Brazilian oil and gas regulator ...
Brazil's Audit Court Asks Petrobras to Pause New Asset Sales
Brazil >> 12/7/2016 - Brazil's federal auditing court (TCU) asked state-controlled oil company Petrobras to temporarily suspend its divestiture program while the court reviews asset sales procedures. ...
Wayne Fueling Systems to Acquire Vianet Fuel Solutions
United Kingdom >> 12/8/2015 - Wayne Fueling Systems (Wayne), a global provider of fuel dispensing, payment, automation, and control technologies for retail and commercial fuel stations, has announced that they have reached an agre...
Intertek Achieves Accreditation for ISO 55001 for Asset Management
United Kingdom >> 10/16/2015 - Intertek, a leading quality solutions provider to industries worldwide announced the approval by the United Kingdom Accreditation Service (UKAS) to be accredited to the ISO 55001 standard for Asset Ma...

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