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  • long read
Posted: 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...

Categories:
  • Transition
Posted: 6 hours ago
Posted: 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...

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  • Outlook & strategy
Posted: 8 hours ago
Posted: 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...

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  • Authorities & Government
Posted: 10 hours ago
Posted: 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 ...

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  • Business & Finance
Posted: 12 hours ago
Posted: 12 hours ago

Noble Corporation files for bankruptcy protection

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

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  • Business & Finance
Posted: 12 hours ago
Posted: 13 hours ago

James Ritchie-Bland leaving Tekmar

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

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  • Business & Finance
Posted: 13 hours ago
Posted: 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...

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  • Business & Finance
Posted: 13 hours ago
Posted: 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 ...

Categories:
  • Business & Finance
Posted: 16 hours ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 1 day ago

Eni names new chief financial officer

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

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business developments & projects
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business developments & projects
Posted: 1 day ago
Posted: 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....

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

Categories:
  • Business & Finance
Posted: 1 day ago
Posted: 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...

Categories:
  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 1 day ago
Posted: 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...

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  • Business & Finance
Posted: 4 days ago
Posted: 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...

Categories:
  • Business & Finance
Posted: 4 days ago