Woodside Petroleum abandons $8.1bn proposal to acquire Oil Search
Australian energy major Woodside Petroleum has dropped its A$11.6bn ($8.1bn) proposal to acquire Oil Search.
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Australian energy major Woodside Petroleum has dropped its A$11.6bn ($8.1bn) proposal to acquire Oil Search.
National Oilwell Varco Norway has announced plans to reduce its employees by up to 900 as the company looks to cut costs due to weak oil price.
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