London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90
The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.
Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.
Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).
Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.
Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.
Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.
SeaRenergy has strengthened its offshore supply capabilities in the North Sea, thanks to a long-term charter agreement with Britoil Offshore Services for a 15-year-old platform supply vessel (PSV), which will support the installation and commissioning of converter platforms and be available for any
With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor
Norway-headquartered offshore drilling contractor Dolphin Drilling has promoted its interim Chief Executive Officer (CEO) to a permanent role and appointed a new Chief Executive Officer (CFO).
Portugal’s oil and gas company Galp has completed the sale of its upstream assets offshore Mozambique to XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC).
Norwegian state-owned energy giant Equinor has awarded compatriot Island Drilling with a well plugging contract on the fields it operates on the Norwegian continental shelf (NCS), while Archer and Baker Hughes Norge have won contracts for full-range delivery of plugging services.
The Chief Financial Officer (CFO) of offshore drilling contractor Odfjell Drilling is slated to replace his CFO position with another finance-related role at the company.
