Halliburton Co's fourth-quarter adjusted profit doubled from a year earlier, it said on Monday, beating analysts' forecasts and prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices…
Eni and HitecVision-backed Point Resources Holding, owning respectively of 69.85% and 30.15% of the Norwegian oil and gas company Vår Energi AS, said Monday they planned to launch an initial public offering for Vår Energi and for the company to apply for a listing on Oslo Børs (the “IPO”)…
Offshore drilling firm Seadrill Limited's unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11 plan of reorganization.The Plan was confirmed…
European power transmission system operator (TSO) TenneT might bring in private co-owners at some point to support huge investments needed to build up power links fit for the continent's renewable energy expansion, its CEO said.'We all agree that the energy transition in general…
Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's two neighbors, the foreign ministry said on Monday.Bolsonaro and the presidents of Suriname…
Maybe yesterday should be renamed Green Monday rather than Blue Monday. It was certainly a day to celebrate the ambition for renewable energy in Scotland as the ScotWind licensing round was announced with provision for significantly more GW than anticipated…
Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by 2050, catching up with rivals who are minimizing their carbon footprints.Exxon's 2050 plan, first mulled last year, covers emissions from its oil…
German oil company Wintershall Dea said Monday it had decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. 'This decision is the result of a very thorough…
Norwegian company Aker Solutions, a provider of offshore energy engineering and construction services, has appointed Kari Ertresvåg as senior vice president for communications. Ertresvåg, a Norwegian national, has wide experience within communications and public affairs…
Bumi Armada, a Malaysian offshore service firm and FPSO provider, has decided to wind up its two dormant subsidiaries.The company said that its subsidiaries Offshore Marine Ventures Sdn Bhd and Bumi Armada Ship Management Sdn Bhd, had approved…
John Douglas Westwood, the founder of energy intelligence firm Douglas-Westwood, now part of Westwood Global Energy Group, passed away on January 5, the company has informed.Westwood’s previous Head of Oilfield Services, Steve Robertson provided…
Petrofac, a service provider to the energy industry, has appointed Phaedra Pritchard as New Head of Wind Operations and Maintenance (O&M), boosting its global offering in the wind sector.Pritchard will be responsible for building and supporting…
Dutch FPSO leasing specialist SBM Offshore announced the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board on Thursday. Tangen has 19 years of experience with SBM Offshore in engineering and operational roles…
UKI-based offshore well plugging and abandonment specialist Well-Safe Solutions has appointed Mark Davison as the company’s Subsurface Team Lead, as the company expands the breadth of its service offering to include all aspects of subsurface plug and abandonment (P&A) design…
Energy industry services firm EnerMech has appointed Garry Ford as regional director for Asia Pacific.UK-based EnerMech said Ford would drive further business growth across the energy, industrial and infrastructure sectors and strengthen its existing oil and gas operations in the region…