Oilfield service provider Danos announcd it has hired 30-year industry veteran Jerry Knight as general manager of project services, tapped to lead the company’s fabrication, construction, coatings, scaffolding and rope access service lines.Prior to joining Danos…
Royal Dutch Shell said it will pursue 'at pace' a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural gas (LNG) outages and slower fuel sales due to the economic hit from Omicron.Shares in Shell…
Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year.The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration…
Canada's Northland Power and Germany's RWE on Thursday said they'd jointly develop a cluster of offshore wind projects in the German North Sea, with a total combined capacity of 1.3 gigawatts (GW). The duo has signed a deal to form a joint venture firm that will develop…
Denmark-based BMS Heavy Cranes has ordered a 3,000mt Ringer Crane, with an option for a second unit from the Dutch crane maker Huisman.According to Huisman, the crane setup has been optimized for operations in the wind industry. With the capability to lift components of 1…
U.S. Gulf of Mexico-focused oil and gas company EnVen Energy has awarded a drilling contract to Transocean for the Discoverer Inspiration ultra-deepwater drillship.EnVen has committed to one firm well with options for two additional wells and…
Mexico's attorney general has requested a prison sentence of up to 39 years for the former chief executive of state oil company Petroleos Mexicanos (Pemex) for his role in a corruption scandal, two judicial sources said on Wednesday.Emilio Lozoya…
The organizers of SPE Offshore Europe offshore energy-focused event in Aberdeen have decided to postpone the event on 1-4 February 2022 at P&J Live, Aberdeen, in alignment with Scottish Government guidance on the coronavirus situation.Jonathan Heastie…
Rex International's subsidiary Lime Petroleum has completed its 20 percent farm-in to each of the respective licenses PL867 and PL867B Gjegnalunden in the Norwegian part of the North Sea from operator Aker BP.Lime now holds a 20 percent stake in each of the two licences…
Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…
The finalists for the 2022 Subsea Expo awards, a UK-based subsea-focused exhibition and conference, have been announced.The awards ceremony, organized by the Global Underwater Hub, will take place on February 23, 2022, at P&J Live in Aberdeen…
Offshore vessel owner Tidewater on Tuesday announced the appointment of Melissa Cougle to its Board of Directors, effective immediately. Cougle most recently served as Senior Vice President and Chief Financial Officer of Frank’s International until November 2021…
Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU), the Moroccan ports agency said on Tuesday.The deadline for bids has been set at Jan…
Portfolio investors have started to rebuild bullish positions in the oil market, reassessing earlier fears about the likely impact of the Omicron variant of coronavirus on major economies and passenger aviation in 2022.Hedge funds and other…
Exxon Mobil Corp's fourth quarter profit should top Wall Street's consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, analysts said.Credit Suisse, Scotiabank and JPMorgan have raised their…