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ADES International
Business & Finance

ADES on the lookout for new CFO

ADES International is searching for a new Chief Financial Officer (CFO) following the resignation of Khaled Hassan, the group’s current CFO.

about 5 years ago
Block 2 offshore Western Greece - Energean
Business & Finance

Energean takes over Total stake in block off Greece

Energean has completed its acquisition of Total’s entire 50 per cent working interest share and operatorship position in Block 2, offshore Western Greece.

about 5 years ago
Sangomar project - FAR Limited
Business & Finance

FAR delays Sangomar sale to assess takeover offer

FAR Limited has once again postponed its shareholder meeting scheduled to approve FAR’s stake sale in the Sangomar project off Senegal to Woodside.

about 5 years ago
Maersk essen
Business & Finance

Maersk establishes a dedicated team to accelerate decarbonization

Danish container shipping and logistics major A. P. Moller Maersk is setting up a dedicated team to accelerate the company’s decarbonization efforts. Morten Bo Christiansen has been appointed head of the decarbonization team of the company. As explained by Christiansen, the team will focus on speedi

about 5 years ago
A Petrobras FPSO
Business & Finance

Petrobras sees record oil output in 2020

Brazilian oil and gas giant Petrobras has registered records in its 2020 annual oil production and total annual production (oil and gas).

about 5 years ago
TechnipFMC logo
Business & Finance

TechnipFMC split set to wrap up in Q1

TechnipFMC has relaunched its plan to split into two publicly traded companies aiming to complete the proceedings in the first quarter of 2021. Initial separation was put off in March last year due to the COVID-19 pandemic. As reported earlier, the move will result in TechnipFMC, a fully integrated

about 5 years ago
GMS Evolution
Business & Finance

GMS wins long-term job following cantilever system trial

Gulf Marine Services (GMS) has secured a long-term contract for the GMS Evolution following a trial of the vessel’s Cantilever Workover System.

about 5 years ago
Nikkiso sells Turboexpander business to Air Liquide
Business & Finance

Nikkiso sells Turboexpander business to Air Liquide

Nikkiso, through Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group, has agreed to sell its Turboexpander Business Line to Air Liquide.

about 5 years ago
Ocean Apex rig was used to drill the Ironbark well
Business & Finance

Diamond rig set to leave Ironbark well location

Ocean Apex, a Diamond Offshore-owned drilling rig, is working on plug and abandonment activities at the Ironbark-1 well with plans to demobilise underway.

about 5 years ago
L&T's Kattupalli facility
Business & Finance

L&T gets offshore platform job from ONGC

India’s L&T Hydrocarbon Engineering has secured a contract from ONGC)for a new living quarter & revamp at ‘NQ Complex’ (NLRNC-RT2) project offshore India.

about 5 years ago
James Fisher
Business & Finance

James Fisher ups outlook on better Q4

Marine services player James Fisher and Sons has upgraded its outlook on annual performance following improved results in the fourth quarter of 2020. “Whilst the fourth quarter continued to be challenging, we saw an improvement in trading over the third quarter with revenue ahead sequentially by 7 p

about 5 years ago
tanker
Business & Finance

United Overseas Group to acquire United Arab Chemical Carriers

United Arab Chemical Carriers Limited (UACC), the Dubai-headquartered international shipping company, has entered into a definitive merger agreement to be acquired by United Overseas Group Ltd, a company controlled by Peter Georgiopoulos and Leonidas Vrondissis. The transaction is structured as a re

about 5 years ago
Odfjell
Business & Finance

Odfjell to issue a sustainability-linked senior unsecured bond

Norwegian shipping and tank terminal company Odfjell SE is planning to issue a sustainability-linked NOK denominated four-year senior unsecured bond. Odfjell said that the bond issuance would follow a series of fixed income investor calls commencing January 11, 2021. The company explained that it ha

about 5 years ago
Deepsea Yantai rig - Neptune Energy
Business & Finance

Neptune adds more work to Deepsea Yantai rig backlog

Offshore drilling contractor Odfjell Drilling has won more work for its Deepsea Yantai drilling rig from Neptune Energy for operations offshore Norway.

about 5 years ago
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