Norwegian accommodation services player Prosafe has filed an appeal against the Norwegian Competition Authority (NCA)’s rejection of its proposed merger with Swedish rival Floatel International.The merger would create the world's largest fleet of accommodation rigs - a North Sea giant…
Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this year…
Ireland-based energy company Electricity Supply Board (ESB) and Norwegian energy company Equinor plan to jointly develop offshore wind sites and enter them into the country's renewable energy auctions from the mid-2020s.The partnership will…
InfraStrata, the parent company of Belfast shipyard Harland and Wolff, has entered into a memorandum of understanding (MoU) with Spanish shipbuilding company Navantia SA.Under the MoU, the companies plan to cooperate on offshore wind projects…
Seadrill Chairman John Fredriksen, the oil rig firm's top shareholder, is stepping down with immediate effect, the company said on Thursday, as it holds discussions with lenders about restructuring its massive debts.The 75-year-old billionaire investor…
Lloyd’s Register announced it has made several key appointments to its wells engineering and project management consultancy following a series of major contract wins and global growth.John O’Neill brings more than 25 years’ experience in global…
As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7…
BW Offshore, a provider of floating production services to the oil and gas industry, has successfully completed a NOK 900 million senior unsecured bond issue with a coupon of three months NIBOR + 4.50% and maturity in December 2023.The Oslo…
Canadian energy company Northland Power and the Japanese provides renewable energy project development services Shizen Energy have agreed to set up a joint venture to develop offshore wind projects in Japan.Under the terms of the agreement,…
Oilfield services company Weatherford International announced on Thursday that Christoph Bausch will step down as Executive Vice President and Chief Financial Officer effective November 14, 2019 to pursue other opportunities. He will remain with the Company through November 30…
Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be the world’s largest event dedicated to offshore wind.The event, which will take place in Copenhagen from 26 to 28 November…
North Sea oil producer Chrysaor Norge has exercised an option to buy stakes in OKEA’s Grevling and Storskrymten discoveries offshore Norway.The Norwegean oil production company OKEA confirmed the sale of 20% of the Company's participating interest in Grevling (PL 038D) and 18…
Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…
Oilfield services firm RMEC has appointed an oil and gas industry veteran to boost its operations as it prepares for its next stage of international growth.Vic Allan has joined the company from American multinational corporation Halliburton…
The Board of Directors of MHI Vestas Offshore Wind has appointed Johnny Thomsen as the new Co-CEO following the resignation of Lars Bondo Krogsgaard.Thomsen is the former Vestas Senior Vice President of Product Management, said a press note from the Dutch offshore wind power solutions provider…