Business & Finance
BP strikes oil in delayed deepwater Gulf of Mexico well
Oil major BP has made an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico. The well, on Green Canyon Block 821, was drilled by BP on behalf of co-owners Chevron and Talos Energy. BP holds a 50 per cent working interest and is the operator with Talos and Chevron […]
Navigator signals merger with Ultragas
Gas shipping company Navigator Holdings has signed a non-binding Letter of Intent with Naviera Ultranav Limitada to merge its fleet and business activities with Ultragas ApS. The merger of the two gas shipping companies would bring the combined fleet to a total 56 vessels. Specifically, Ultragas has
ADNOC boosts crude capacity by adding two more VLCCs
ADNOC Logistics & Services, a shipping and maritime logistics arm of ADNOC, has acquired two additional Very Large Crude Carriers (VLCC).
Nexans Norway inks $23.6M ROV contract with IKM Subsea
Subsea cables specialist Nexans Norway has signed an ROV services contract with subsea services provider IKM Subsea, reportedly worth NOK 200 million ($23.6 million).
Hai Long Offshore Wind gets OK for localization plan
Hai Long Offshore Wind has received approval for its Industrial Relevance Plan from the Taiwanese government after two years of negotiations. Hai Long stated it will now continue working with the government, local suppliers and main contractors CDWE and Siemens Gamesa on the delivery of the localiza
Ex-Ithaca CEO joins Jersey Oil & Gas board
Jersey Oil & Gas (JOG) has announced the appointment of Les Thomas to its board as an independent non-executive director.
Tullow Oil outlines path to net-zero by 2030
UK-based oil and gas company Tullow Oil has committed to becoming a net-zero company by 2030 on its Scope 1 and 2 emissions.
Woodside CEO sets retirement date
Chief executive officer (CEO) of Australian energy major Woodside will be retiring from the company on 3 June 2021.
Petrobras shareholders roll out red carpet for new CEO
Shareholders of Brazilian state-owned oil company Petrobras have completed the groundwork for the appointment of a new chief executive officer (CEO) by removing current CEO Roberto Castello Branco from his position.
Saipem clinches more work in Qatar worth $350 million
Saipem has received by Qatargas the confirmation of the exercise of two options for additional scope of work on the North Field Project.
SeaTerra and Trident form offshore partnership
Unexploded ordnance (UXO) specialist SeaTerra and archaeology expert Trident Archäologie have joined forces to streamline their services for offshore developments in Germany.
Dong Fang Offshore buys Pacific Constructor
Dong Fang Offshore (DFO), a subsidiary of Hung Hua Construction, has bought the subsea multi-purpose vessel Pacific Constructor from Swire Pacific Offshore to strengthen its fleet serving the offshore wind sector in Taiwan, as well as in the Asia Pacific region. Pacific Constructor, renamed to Const
BP’s giant Argos platform arrives in Texas – gallery
Argos, the centrepiece of BP’s Mad Dog 2 project, has arrived in the U.S. after completing its 16,000-mile journey from South Korea to Texas.
Kosmos Energy appoints new head of exploration
U.S.-based oil and gas company Kosmos Energy has named a new head of exploration as well as a new chief geoscientist.