Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following alleged relationship probe.The CEO, who also held the position of Vice-President of the Board of Directors at Gulp…
Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.The oil major also said in an SEC filing that…
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.In a trading update ahead of Jan. 30 full-year results…
India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.BP has promised an…
Senegal's Sangomar offshore oil and gas field raised its output of crude to 16.9 million barrels in 2024, exceeding its initial target of 11.7 million, the West African country's energy ministry said on Tuesday.Discovered 10 years ago about 100 km (62 miles) south of the capital Dakar…
Damen Shipyards Cape Town has delivered an FCS 3307 patrol vessel to Homeland Integrated Offshore Service (Homeland IOSL) in Nigeria.This vessel, on charter with an international energy company, will perform offshore patrol duties to enhance the security of personnel…
SBM Offshore has made initial equity investment in Ocean-Power, a Norwegian company developing an offshore power hub which generates electricity using gas turbines in association with carbon capture and storage (CCS).The investment follows the…
Canadian oil and gas company Suncor said on Monday it saw higher upstream production and throughput at its refineries in the fourth quarter.The Calgary, Alberta-based company's upstream quarterly production rose to 874,000 barrels per day (bpd) from 808…
Scottish logistics and materials management company ASCO has secured a five-year contract from Aker BP to provide base and logistics services in Tananger, Sandnessjøen, and Farsund in Norway.The agreement also includes continued services in warehouse management…
Shearwater Geoservices has started the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic.The new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress…
U.K.-based oil firm Serica Energy has resumed production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the outage caused by a technical issue.Serica Energy said the production into the Triton FPSO resumed on December 27…
Oil prices edged up to a 12-week high on Monday as a winter storm boosted demand for energy to heat U.S. homes and businesses, and on support from a weaker U.S. dollar and expectations of tighter sanctions on Iranian and Russian oil exports…
Offshore Engineer interviewed global offshore energy expert Philip Lewis, Director of Research, Intelatus, for insights on the emerging offshore floating wind market through 2035, detailing the investments that need to be made now in technology…
Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1…
U.S. oil and gas company Talos Energy has informed that Joseph Mills has resigned as Interim President and Chief Executive Officer (CEO) and a member of the board, as the appointment of permanent CEO reaches final stage.Joseph Mills will leave the company to pursue other opportunities…
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