Business & Finance - Offshore Energy

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6 hours ago

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Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050

A green energy transition will require the industry to make real progress in reducing its carbon foo...

6 hours ago

8 hours ago

Staatsolie mulls entering Apache’s Suriname block

Block 58 offshore Suriname has again come under the spotlight since state-owned oil company Staatsol...

8 hours ago

10 hours ago

UOG scoops Tullow’s stake in Jamaican offshore licence

Oil and gas company United Oil & Gas (UOG) has been assigned Tullow Oil’s stake in the Wal...

10 hours ago

12 hours ago

BP takes Solstad vessel trio for Ironbark drilling support

Oil major BP has chartered three Solstad Offshore’s vessels to support the company’s Ironbark ...

12 hours ago

Noble Corporation files for bankruptcy protection

Offshore drilling contractor Noble Corporation has filed for Chapter 11 bankruptcy protection to res...

12 hours ago

13 hours ago

James Ritchie-Bland leaving Tekmar

Subsea protection specialist Tekmar said that James Ritchie-Bland has resigned as CEO and stepped do...

13 hours ago

Borr Drilling wins deals for three warm-stacked rigs

Offshore drilling rig owner Borr Drilling has won deals for three of its warm-stacked jack-up drilli...

13 hours ago

16 hours ago

Maersk Drilling chief financial officer to step down

The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would ...

16 hours ago

1 day ago

NEO Energy wraps up buy of Total’s UK North Sea assets

NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the U...

1 day ago

COVID-19 forces AGS to tighten its belt

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Monday that it will reduce operat...

1 day ago

McMenon appoints regional general manager for Middle East and Asia-Pacific

McMenon Engineering Services has appointed Bipin Nair, who has over 20 years’ industry experience, a...

1 day ago

KPI Bridge Oil and OceanConnect Marine wrap up merger

Marine fuel broking firm KPI Bridge Oil and oil trading company OceanConnect Marine have formally co...

1 day ago

Eni names new chief financial officer

Italian energy major Eni has appointed a new chief financial officer (CFO) of the company. ...

1 day ago

IOG picks HSM Offshore for EPCI work on Core Project Phase 1

Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installati...

1 day ago

EU backs Spanish LNG bunkering projects

Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7...

1 day ago

Prosafe still negotiating with lenders as forbearance agreement expires

Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussi...

1 day ago

TenneT to raise its annual RE connection investments to up to € 5 billion

TenneT will raise its investment in renewable energy connections to EUR 4 to 5 billion per year, the...

1 day ago

Origin’s LNG revenue dips despite APLNG record production

Australia’s power and gas retailer Origin Energy reported a slip in revenue as Australia Pacific LNG...

1 day ago

Chevron posts massive $8.3 billion loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4....

1 day ago

Airborne Oil & Gas names chief financial officer

Airborne Oil & Gas, a provider of Thermoplastic Composite Pipe (TCP), has promoted William de la...

1 day ago

ExxonMobil posts first consecutive quarterly losses since the mid-80s

Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a h...

1 day ago

German offshore wind to hydrogen project takes off

Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Ger...

1 day ago

Fugro adds new member to Supervisory Board

Fugro has nominated Sjoerd Vollebregt as member of the Supervisory Board for a term which will end w...

1 day ago

MPS sets new crowdfunding goal after raising £1.5 million

Swansea-based Marine Power Systems (MPS) has hit a £1.5 million crowdfunding target in just two week...

1 day ago

4 days ago

EnQuest to operate Bressay field as Equinor halves interest

Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay o...

4 days ago

Red ink for ConocoPhillips on lower oil prices and volumes

ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices...

4 days ago

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