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Maersk Discoverer rig drilled the Kawa well off Guyana
Business & Finance

Exploration hotspot – Guyana well results reinforce belief in ‘transformational opportunity’

CGX Energy and Frontera Energy have made a discovery at the Kawa-1 well located in the Corentyne block offshore Guyana.

about 4 years ago
McDermott - Amazon vessel
Business & Finance

New boss joins McDermott to forge a new path

U.S. offshore engineering and constructions services player McDermott has named a new president and chief executive officer.

about 4 years ago
Wisting FPSO - Equinor
Business & Finance

Equinor unveils key document for Barents Sea project with development plan due by year-end

Equinor has presented an impact assessment for the development and operation of Wisting development located in the Barents Sea off Norway.

about 4 years ago
Stena Don rig - Stena Drilling
Business & Finance

Fresh well lined up for Stena rig in North Sea

Offshore drilling contractor Stena Drilling has secured a new contract with Petrofac for operations in the UK North Sea.

about 4 years ago
ExxonMobil CEO Darren Woods
Business & Finance

ExxonMobil reshuffling business lines and moving HQ to Houston

ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters.

about 4 years ago
v
Business & Finance

Maersk Drilling wins extra work for drillship in Malaysia

Danish offshore drilling contractor Maersk Drilling has secured a contract extension for a drillship operating offshore Malaysia.

about 4 years ago
UK: £5 bln grid investments proposed, including England-Scotland subsea links
Business & Finance

UK: £5 bln grid investments proposed, including England-Scotland subsea links

National Grid Electricity System Operator, the UK’s electricity system operator, has published Networks Options Assessment (NOA) for 2022 recommending more than £5 billion (around $6.7 billion) worth of grid infrastructure investments in the North of Scotland.

about 4 years ago
Saipem
Business & Finance

Saipem in profit warning as margins deteriorate due to pandemic and rising costs

Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins.

about 4 years ago
Three oil & gas firms gearing up for Norwegian wells in February
Business & Finance

Three oil & gas firms gearing up for Norwegian wells in February

Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea.

about 4 years ago
cma cgm
Business & Finance

CMA CGM takes majority stake in Colis Privé

French shipping and logistics major CMA CGM Group has entered into a preliminary agreement to acquire a 51% stake in the Colis Privé Group, a compatriot specialist in home and relay parcel delivery.

about 4 years ago
​Deirdre Michie will now become CEO of Offshore Energies UK
Business & Finance

UK oil & gas trade body changing name to reflect drive towards net-zero future

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.

about 4 years ago
Odfjell Drilling
Business & Finance

Odfjell Drilling mulls splitting into two groups to think beyond core services

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

about 4 years ago
TotalEnergies - Kistos
Business & Finance

TotalEnergies selling third of its stake in Greater Laggan Area fields to Kistos

London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies.

about 4 years ago
FAR ponders takeover bid from investment fund
Business & Finance

FAR ponders takeover bid from Australian investment fund

FAR will contemplate an off-market takeover offer from Samuel Terry Asset Management prior to making a recommendation to its shareholders.

about 4 years ago
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