Australian oil and gas giant Woodside has hired Oslo-listed offshore vessel operator DOF Subsea to support its flowline installation work offshore W. Australia.DOF Subsea said Thursday the contract was for the transportation and installation…
Italian energy contractor Saipem has agreed with state lender Cassa Depositi e Prestiti (CDP) to study the development of energy transition projects in Italy and abroad.In a joint statement on Wednesday, the two groups said the agreement was focused on carbon-cutting initiatives…
Services company TechnipFMC said it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Australia's Woodside for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields…
Offshore drilling company Valaris has agreed to appoint Adam Weitzman to its Board. Weitzman is a partner at hedge fund Luminus which owns 18.7% of the outstanding shares of Valaris.Weitzman, as part of Luminus, has over the past year criticized Valaris (formerly known as EnscoRowan)…
London headquartered offshore drilling contractor Valaris said it has appointed Frederick Arnold to the company's board of directors, as the company as part of an ongoing board refreshment plan.Arnold, who joins the board as an independent director effective immediately…
Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea's biggest oil and gas producers, according to a document sent to prospective buyers seen by Reuters.Spirit Energy currently produces around 130…
Bids for North Sea oil and gas firm Siccar Point, backed by private equity groups Blackstone and Blue Water Energy, are due on Nov. 7 and are likely to target specific assets rather than the whole company, four industry sources said.The list…
Danish offshore wind engineering and consulting company Head Energy Group has established Head Energy Germany GmbH in Hamburg as part of the expansion of its offshore wind business.Head Energy Germany GmbH will be administrated by Head Energy’s offshore wind experts in Esbjerg…
London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer.Under the terms, Ophir shareholders will receive 57…
U.S. President Donald Trump on Wednesday praised Saudi Arabia over recent oil prices and called for prices to go even lower, likening it to 'a big tax cut' that could boost the U.S. and global economies.'Oil prices getting lower. Great! Like a big Tax Cut for America and the World…
U.S. President Donald Trump on Monday said he hoped there would be no oil output reductions, after Saudi Arabia said OPEC was considering cutting oil supply next year, citing softening demand.'Hopefully, Saudi Arabia and OPEC will not be cutting oil production…
Australia’s marine energy companies have united in an industry task force to advance the commercialization of marine renewable technologies. Tidal and wave energy developers Atlantis Resources, Bombora Wave Power, BioPower Systems, MAKO Tidal Turbines…
The Future Energy Asia Exhibition & Conference was launched by Areepong Bhoocha-Oom, Permanent Secretary of the Ministry of Energy of Thailand today (24 April), in an initiative towards securing the path to Thailand’s Energy 4.0. The…
North Sea Energy (NSE) Chairman and CEO J. Craig Anderson and CFO Petya Popova are leaving the company with immediate effect, to pursue other interests. Anderson has been the CEO of NSE for the last 10 years, since founding the company…
Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…