The pay package of Shell CEO, Ben van Beurden, dropped by 42 per cent to $7 million in 2020, a year marked by low oil prices and the coronavirus pandemic.
Expro Group and Frank’s International have entered into a definitive agreement to combine in an all-stock transaction.
Wave energy developer Bombora has welcomed the Welsh First Minister Mark Drakeford on a virtual tour of its assembly facilities, showcasing its full-scale mWave wave energy device currently under construction.
Dutch survey contractor Fugro has inked a strategic framework agreement with UK-based geo-energy resource company dCarbonX for decarbonisation exploration projects in the UK and Ireland. Fugro said Thursday the deal will enable the two companies to collaborate on the above mentioned projects at the
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig. The wells named 30/11-U-1 and 30/11-U-2 are located in Production licence 035 and 272 in the North Sea. The licences a
Oilfield services provider Bilfinger Salamis UK has appointed Adam Mason as General Manager for its Southern North Sea business.
BW Ideol, a company established after oil & gas services provider BW Offshore bought into the floating wind technology developer Ideol, has applied for admission to the Oslo Stock Exchange and is expected to start trading there around 18 March. Through a private placement of shares, for which a day-
Romanian oil and gas company OMV Petrom has signed the production sharing contract (PSC) for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.
RWE, one of the world’s leading companies for renewable energy, has unveiled plans to construct its first floating photovoltaic (PV) project in the Netherlands.
CHC Group has entered into a conditional agreement for the acquisition of the Oil and Gas aviation business of Babcock International Group.
CCCC – First Harbor Engineering Company has installed the first suction pile jacket at the Fujian Changle Waihai offshore wind project in China. CCCC installed the suction pile jacket on 21 February using SPT Offshore’s SAPS007S suction spread. The Netherlands-based SPT Offshore won a contract in Au
UK’s Engineering and Physical Sciences Research Council (EPSRC) and Science Foundation Ireland (SFI) have awarded funding for a £1.1 million multi-institution project that aims to assist the development of offshore renewable energy in challenging sea conditions.
London-based Intertek has delivered a permit feasibility study for Xlinks’ subsea cable system between the UK and Morocco. UK-based Xlinks is developing the world’s longest 3.6 GW subsea power link between the UK and Morocco, which will transit through the territorial waters of France, Spain and Por
Carnegie Clean Energy has substantially reduced its debt following the conversion of Au$1.75 million (€1.1 million) of convertible notes into shares and unlisted options, making the existing company’s funds sufficient to complete the CETO technology pathway.
