South Africa-headquartered aviation industry player Ultimate Aviation has completed the acquisition of North Sea-focused helicopter services provider for the oil & gas industry Offshore Helicopter Services (OHS). The acquisition is effective immediately and will see OHS continue operating under its
Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has entered into a farm-in agreement with Hartshead Resources.
W&T Offshore is the apparent high bidder on two shallow water blocks in the recent Gulf of Mexico (GOM) lease sale.
What should organisations and energy players do to prevent offshore accidents to ensure the security and stability of the energy supply?
The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).
American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response
Vermilion has closed the acquisition of Equinor’s subsidiary in Ireland, increasing its operated interest in a natural gas field off Ireland.
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
Offshore drilling contractor Seadrill has completed the acquisition of Aquadrill, formerly known as Seadrill Partners.
Petrobras has kicked off the contracting process for the chartering of two FPSOs, which will be deployed at deepwater assets off Brazil.
Türkiye is putting the wheels into motion to achieve the first gas from a giant natural gas project in the Black Sea in less than three weeks.
Singapore-based shipbuilder Sembcorp Marine is proposing to change its name to Seatrium Limited. The move follows the completion of the combination of the businesses of Sembcorp Marine Ltd and Keppel Offshore & Marine Ltd on 28 February 2023. Following the completion of the proposed combination of S
Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.
McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and
