Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…
UK-based renewable energy giant SSE said Monday that its Seagreen 1A offshore wind farm proposal had achieved a significant milestone after Scottish Government Ministers consented to its Marine Licence application.The Marine Licence covers the offshore elements of the project…
Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…
The UK Government on Friday awarded planning consent for Vattenfall’s 1.8 GW Norfolk Boreas offshore wind farm. The project is part of Vattenfall’s proposed Norfolk Zone and will produce electricity equivalent to the annual consumption of around 2 million UK homes…
Marine seismic firm SeaBird Exploration, a subsidiary of seabed minerals-focused Green Energy Group, said Friday it had received notice of termination regarding work for the Fulmar Explorer vessel.SeaBird in October said it had entered into…
Britain on Monday opened applications for its biggest renewable energy auction round to date, offering 285 million pounds ($376.97 million) in funding to help deliver on its climate targets, the government said. 'By generating more renewable energy in the UK…
Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…
On the day that shareholders of Royal Dutch Shell PLC voted to move the company's headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.Signed by Shell CEO Ben van Beurden, the letter…
UK-based subsea equipment rental and solutions specialist Ashtead Technology said Monday it had strengthened its rental fleet with 'a significant investment' in iXblue subsea navigation systems.The investment includes the addition of further…
Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American nation into an oil powerhouse.A coming onshore…
Norwegian seismic data firm PGS has said it has secured awarded a 3D exploration contract in West Africa.A Ramform Titan-class vessel is scheduled to start the survey work in early February 2022 and will complete it in mid-March. 'We are very pleased with this contract award…
Oil and gas company Energean, working to develop the Karish gas field offshore Israel, has signed an EPC contract with process engineering business Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO, which is currently under construction in Singapore…
Norwegian subsea services company Reach Subsea said Monday it had secured a contract in the U.S. Gulf of Mexico for end of 2021 and 2022 execution, representing about 230 project days.The project, with an unnamed client, involves the support…
Norwegian oil company Aker BP on Monday said it had awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner (around $49 million).The contracts, awarded to Aker Solutions, ABB…
The conviction of Ziad Akle, a former Unaoil executive jailed last year for bribery, has been quashed and the UK Serious Fraud Office (SFO) was accused of a 'serious failure' in a damning judgment by London's Court of Appeal.Senior judges refused an SFO request for a retrial for the 46-year-old…