GMS has appointed a former CFO of the Qatari Investors Group as its new CFO, since, its current CFO has decided to step down from the role.
After remaining unchanged for two weeks in a row, the number of offshore rigs in the U.S. fell down to 16 units last week.
Oil and gas giant Shell has made an oil discovery in its exploration well in the Orange Basin offshore Namibia.
Following an off-market takeover bid from Samuel Terry Asset Management, one of FAR’s shareholders has repudiated the offer.
The Noble Tom Prosser jack-up drilling rig is currently mobilising to drill the Pavo-1 well in the Bedout Basin offshore Australia for Santos.
UK’s petroleum regulator has reported that its CEO will be stepping down at the end of the year after eight years in the role.
Bolstering the long-standing collaboration, Norske Shell, a Norwegian subsidiary of the oil major Shell, has awarded a multi-year geophysical monitoring contract to Reach Subsea’s OCTIO for the Ormen Lange field.
Vår Energi has revealed plans to increase its dividend for 2022 and disclosed details regarding an IPO and listing of shares on Oslo Børs.
Turkish oil and gas operator TPAO has completed all planned flow tests in the Sakarya gas field located in the Black Sea.
Norwegian Solstad Offshore has secured multiple contracts for several of its subsea construction support vessels (CSVs) as the market continues to improve with strong demand from both renewable energy and oil & gas activity.
An offshore production vessel located in waters offshore Nigeria has been engulfed in flames following an explosion.
Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.
Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.
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
