Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. has reached final agreements with its lenders for the financial restructuring of a total of $179 million, consisting of four senior credit facilities. Under the terms of the restructuring, approximately $87 million of debt
TechnipFMC has named Alf Melin as its new executive vice president and chief financial officer, effective January 25, 2021. Melin has been with the company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as senior vice president, finance
Woodside has received approval from the country’s regulator for the Greater Western Flank 3 and Lambert Deep development drilling and subsea installation.
A merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of 1Q 2021.
Oil major ExxonMobil is preparing to drill an exploration well in waters offshore Brazil, using Seadrill’s West Saturn drillship.
Anglo-Dutch oil giant Shell has revealed plans to cut 330 jobs from its operations in the North Sea, most of them based in Aberdeen.
Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.
Subsea 7 informed that its non-executive director and senior independent director Allen Stevens passed away on 10 January 2021. Stevens started in the shipping industry in financial planning at Sea Land Service Inc. and subsequently served as Treasurer of McLean Industries Inc. from 1972 to 1988. As
John Lawrie Decom, a metal recycling specialist, has completed the final stages of the Buchan Alpha decommissioning project in the UK.
Neptune Energy has awarded integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork.
The Government of Canada has allowed for three offshore exploration drilling projects operated by BHP, Equinor, and Chevron to proceed.
Offshore Wind Consultants has appointed Tom Whittle to the newly created role of Asia Pacific regional director. Whittle, previously OWC’s country manager in Taiwan, has worked as a project director, project manager and package manager on a number of offshore wind projects in the UK, Europe and Asia
SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.
Africa-focused oil and gas exploration group Bowleven has named a new non-executive chairman with immediate effect.
