Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute…
Oil and gas drilling contractor ADES has informed that its CFO Khaled Hassan has decided to resign to pursue other interests.'Mr. Hassan has decided to step down from his position to pursue a greater role outside of the Group. To ensure an orderly transition…
Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners…
Crew transfer vessel company Northern Offshore Services (N-O-S) has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N-O-S will provide crew transfer support to Ørsted’s UK West…
BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources said on Thursday.BP originally agreed to sell its interest in…
The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of…
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…
Gulf Marine Services, a UAE-based provider of offshore jack-up support vessels, has secured a long-term contract for its GMS Evolution jack-up. 'Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with…
Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras.Constellation said this week that the contract for the 2015-built Brava Star…
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible drilling rig. This is the rig Neptune used when it last year made one of Norway's largest offshore discoveries - the Dugong.The Deepsea Yantai…
London-listed Nigerian oil company Lekoil's shareholders will vote on Friday on an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute even drew in Nigeria's Ministry of Petroleum…
Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…
Allseas' giant heavy lift vessel Pioneering Spirit will remove the DP3 and DP4 platforms in Morecambe Bay off the U.K. for independent oil and gas operator Spirit Energy.The two normally unmanned installations used to produce gas as part of…
Canadian energy company Suncor will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project in the Jeanne d’Arc basin off Newfoundland and Labrador…
Norwegian offshore vessel owner Havila Shipping has settled a dispute with subsea services provider DeepOcean.The dispute, now settled, came to light after Havila in December said it had terminated the contract with DeepOcean for the Havila Phoenix vessel…
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