Kistos, an investment company chaired by former RockRose founder Andrew Austin, has signed an agreement to buy the entire issued and outstanding share capital of Tulip Oil Netherlands B.V.
Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.
North Sea-focused Jersey Oil & Gas has formally launched the farm-out process of the Greater Buchan Area in the UK North Sea and started talks to raise funds to progress work on the project.
UK’s Oil and Gas Authority (OGA) has reported that flaring in the North Sea has been reduced to the lowest level on the UK Continental Shelf on OGA records.
The pay package of Shell CEO, Ben van Beurden, dropped by 42 per cent to $7 million in 2020, a year marked by low oil prices and the coronavirus pandemic.
Expro Group and Frank’s International have entered into a definitive agreement to combine in an all-stock transaction.
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig. The wells named 30/11-U-1 and 30/11-U-2 are located in Production licence 035 and 272 in the North Sea. The licences a
Oilfield services provider Bilfinger Salamis UK has appointed Adam Mason as General Manager for its Southern North Sea business.
Romanian oil and gas company OMV Petrom has signed the production sharing contract (PSC) for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.
CHC Group has entered into a conditional agreement for the acquisition of the Oil and Gas aviation business of Babcock International Group.
French energy major Total will collaborate with Microsoft as strategic partners to further digital transformation and support progress toward net-zero emissions.
Greenpeace activists have staged a protest at the headquarters of the European Central Bank (ECB) in Frankfurt due to its support of fossil fuels companies.
National Energy Resources Australia (NERA) has launched the Centre of Decommissioning Australia (CODA) to address the challenges and maximise opportunities of decommissioning Australia’s ageing oil and gas infrastructure.
Shell is making several board changes with the appointment of a former BHP CEO as its new chair as well as the addition of a new non-executive director.
