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Petrobras
Business & Finance

Top Petrobras executives leave after clashing with incoming CEO

Several top executives of state-own Brazilian oil company Petrobras decided to leave the company following the end of their mandate on 20 March.

about 5 years ago
Hexicon-and-Aker-Exploring-Swedish-Floating-Wind-Opportunities
Business & Finance

Hexicon and Aker exploring Swedish floating wind opportunities

Aker Offshore Wind and Hexicon have entered into an agreement to together explore floating wind opportunities offshore Sweden. The companies intend to establish a 50-50 joint venture with an ambition to realize multiple Swedish projects with a combined capacity of several gigawatts. Aker Offshore Wi

about 5 years ago
Photo of KRG Engineering's facility in Coatbridge (Courtesy of KRG Engineering)
Business & Finance

KRG Engineering to diversify into renewables, expand oil and gas presence

KRG Engineering (KRG), a turnkey precision engineering specialist, has announced plans to expand its presence in the oil and gas sector, while diversifying into renewables as well.

about 5 years ago
Simply-Blue-Energy-and-Subsea-7-to-Develop-Floating-Wind-Project-in-Scotland
Business & Finance

Simply Blue Energy and Subsea 7 to develop floating wind project in Scotland

Simply Blue Energy and Subsea 7 have entered into a joint venture to develop the Salamander floating offshore wind project in Scotland. The joint venture, in which Subsea 7 has a minority interest, will focus on developing the pre-commercial project of up to 200 MW off the North East Coast of Scotla

about 5 years ago
Deltic Energy's Southern North Sea assets, including Pensacola
Business & Finance

Shell to drill Pensacola well next year

Deltic Energy and Shell have made a positive well investment decision to drill the high impact Pensacola Prospect in the UK Southern North Sea.

about 5 years ago
AGR
Business & Finance

AGR’s consultancy specialists to support OMV

Norwegian energy services company AGR has been awarded a contract to deliver consultancy specialists to oil and gas company OMV in Norway.

about 5 years ago
Maersk Reacher jack-up rig - Maersk Drilling
Business & Finance

Another Maersk rig coming back from warm-stack for new job

Maersk Drilling has been awarded a contract with Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher, which will be reactivated for the job.

about 5 years ago
Samsung Heavy
Business & Finance

Samsung Heavy lands $2.5 billion deal for 20 Evergreen boxships

South Korean shipbuilder Samsung Heavy Industries (SHI) has been selected by Evergreen Marine Corp. to build twenty 15,000 TEU containerships for the Taiwanese shipping major.

about 5 years ago
NAGA 7 jack-up rig - Velesto
Business & Finance

Velesto rig lands ConocoPhillips gig

Malaysian contractor Velesto Drilling has received a letter of award from ConocoPhillips for the provision of jack-up rig services.

about 5 years ago
Prinos oil & gas producing complex - Energean
Business & Finance

Energean getting $118 million aid due to ‘severe losses’

Energean is getting financial aid of nearly $118 million due to losses suffered during last year’s oil price collapse in the wake of the Covid-19 outbreak.

about 5 years ago
The Valaris 8503 rig was used for Zama appraisal
Business & Finance

Mexican ministry to decide on Zama field unitization

Talos Energy has informed that the unitization process of the Zama oil field off Mexico will enter its next phase, as established in Mexican regulation.

about 5 years ago
West Mira rig
Business & Finance

West Mira rig returning to work in April after dropping X-mas tree on seabed

Following an equipment failure on the West Mira rig while it was working for Wintershall Dea in Norway, the rig is expected to remain offline for weeks.

about 5 years ago
Photo of OceanTools' subsea pressure housings (Courtesy of OceanTools)
Business & Finance

OceanTools secures second Proeon Systems subsea housings order

Subsea engineering company OceanTools has completed the initial subsea housings supply contract for Proeon Systems, securing a second major order from the same company.

about 5 years ago
The Dvalin field development where Sval Energi now has a 10% ownership
Business & Finance

Sval Energi closes $300 million buy of Edison Norge

Sval Energi has completed its $300 million acquisition of Edison Norge, expanding its portfolio and workforce as part of the company’s growth strategy.

about 5 years ago
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