Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…
Australian oil and gas company FAR Limited said Thursday it had given notice of termination to Managing Director Catherine Norman. She has also resigned as a director of the company.Norman, a professional geophysicist with over 30 years’ experience…
Offshore wind turbine maker Siemens Gamesa Renewable Energy on Thursday announced the ratification of the recent appointment of the CEO, Jochen Eickholt, as an executive director. Eickholt took over from Andreas Nauen as CEO on March 1.The…
British North Sea-focused oil producer EnQuest on Thursday reported its highest free cashflow in 2021 of $397 million, almost double the previous year, thanks to higher oil prices.EnQuest, with a market capitalization of $730 million, reduced its net debt by the end of last month to $1…
Offshore Renewable Energy (ORE) Catapult, the UK-based research, and innovation center for offshore wind, wave, and tidal energy, has appointed Jane Stewart as a Non-Executive Director.'A Chartered Accountant with a background in private equity…
Oilfield services provider Petrofac on Wednesday warned of fewer near-term deals but expects higher energy prices to boost contracts later in 2022 as annual profit halved on lower orders and higher costs.The company put behind a major overhang…
U.S. offshore energy industry equipment maker Dril-Quip has appointed Carri Lockhart to its Board. She most recently served as Equinor's Executive Vice President for Technology, Digital & Innovation (TDI), with responsibility for enabling Equinor’s energy transition…
Rights group Sherpa has called on French prosecutors to open an investigation into alleged corruption related to the activities of Dutch oil and gas services firm SBM Offshore, it said in a statement on Monday.Sherpa said it had filed a request…
Norwegian offshore energy services firm Aker Solutions has appointed Trine Svalestad to the new position of senior vice president for sustainability. The company, for years mostly referred to as 'oilfield services company,' said Monday it 'sees…
Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…
Engineering and technology firm Technip Energies has appointed Laure Mandrou as head of the Carbon Free-Solution Business Line. In this role, she will sit on the Group's Extended Executive Committee.Based in Paris, Laure reports to Marco Villa…
Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, on Friday announced executive management team for the combined company.The executive management team appointments will be effective after the closing of the business combination announced on November 10…
Harland & Wolff Group Holdings plc has appointed Malcolm Groat as Chairman of the Board of Directors. Groat had earlier assumed the role of Interim Chairman on September 27, 2021, after Clive Richardson stepped down from the Board.The company…
There is a possibility of replacing Petrobras' chief executive, Brazil's President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company's pricing policy.In an interview with regional TV channel, Bolsonaro said…
MR Deepwater Subsea, part of the MR Group, has partnered up with Offshore Technical Compliance (OTC) to offer real-time, monitoring, digital pressure testing and BOP Compliance services. Mike Fry, Director of MR Deepwater Subsea, explained that…
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