Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel.
Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.
The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, is on the lookout for a new CEp and CFO.
The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company.
Italian energy major Eni has appointed a new chief financial officer (CFO) of the company.
Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.
Global oil and gas project sanctioning in 2020 has made a colossal drop in comparison to 2019 levels with Norway, and somewhat Russia, attempting to increase the total sanctioning value.
The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.
The Hydrogen Council, a global CEO-led coalition working to enable the global energy transition through hydrogen, has welcomed three new members from the maritime sector.
Germany’s Uniper has teamed up with General Electric to decarbonize its gas-fired power plants and natural gas storage facilities.
