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PGS
Business & Finance

PGS, ION integrate joint datasets in Trinidad Deepwater Open Bid Round

Seismic players Petroleum Geo-Services (PGS) and ION Geophysical have integrated their seismic datasets in the Trinidad Deepwater Open Bid Round launched by the country’s Ministry of Energy and Energy Industries.

about 4 years ago
Afreximbank to promote LNG distribution in West Africa
Business & Finance

Afreximbank to promote LNG distribution in West Africa

Fund for Export Development in Africa (FEDA), a subsidiary of African bank Afreximbank, has invested in Ecow-Gas, an LNG distribution infrastructure platform in the West Africa region.

about 4 years ago
Drillship Kanuni
Business & Finance

Turkish drillship wraps up all planned well tests on Black Sea gas field

Turkish oil and gas operator TPAO has completed all planned flow tests in the Sakarya gas field located in the Black Sea.

about 4 years ago
Gulf of Suez - Wintershall Dea
Business & Finance

Wintershall Dea closes Gulf of Suez chapter after 38 years

Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.

about 4 years ago
Prysmian
Business & Finance

Prysmian bags fresh EIB financing to speed up R&D activities

Italian cabling giant Prysmian Group has secured €135 million financing from the European Investment Bank (EIB) to boost its research and development (R&D) activities.

about 4 years ago
Eni - Abu Dhabi - ADNOC
Business & Finance

Eni hits gas in its first exploration well off Abu Dhabi

Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.

about 4 years ago
A photo of a Muehlhan Wind Service technician on an offshore wind turbine
Business & Finance

Another Danish company drops fossil fuel business and turns fully to renewables

Danish-based Muehlhan has sold its oil and gas business as the company decided to focus entirely on the renewable energy market. Muehlhan, which provides services in the offshore wind industry, said selling its oil and gas division supported the company’s strategy to focus its investments in sustain

about 4 years ago
Western Gas will use the Valaris MS-1
Business & Finance

All systems go for Western Gas-operated high-impact well

Western Gas has now secured all necessary government approvals required to drill the Sasanof-1 exploration well on the North West Shelf.

about 4 years ago
PSW Technology
Business & Finance

PSW, Cameron in exclusive license deal for risers recertification

Scana-owned PSW Technology has signed an exclusive license agreement with oil service provider Cameron, a Schlumberger company, to carry out recertification of risers produced by Cameron.

about 4 years ago
Nor Captain - Solstad
Business & Finance

Solstad gets rid of three anchor handlers, secures North Sea work

Norwegian offshore vessel owner Solstad Offshore has sold three of its anchor handling tug and supply (AHTS) vessels.

about 4 years ago
Shell CEO, Ben van Beurden
Business & Finance

Shell boosts dividend and buybacks as profit swells

Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.

about 4 years ago
MOL
Business & Finance

MOL closes acquisition of Waterfront stake

Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.

about 4 years ago
New interim CEO to lead Spirit Energy through transition
Business & Finance

New interim CEO to lead Spirit Energy through transition

As it transitions to a new phase, Spirit Energy has made board and executive appointments, including the appointment of an interim CEO.

about 4 years ago
Kristin platform - Equinor
Business & Finance

Equinor secures approval for Norwegian Sea project

Norway’s Ministry of Petroleum and Energy has approved a development plan from Equinor for the first phase of the Kristin Sør project.

about 4 years ago
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