The U.S. Justice Department has closed its investigations into alleged corruption by oil major Eni in Nigeria and Algeria without taking any action, the Italian energy group said on Tuesday.Eni, the biggest foreign oil and gas producer in Africa…
Papua New Guinea's biggest company Oil Search Ltd said on Tuesday long-serving Managing Director Peter Botten will retire from the firm next year after 25 years in the role, just as the company enters a major growth phase in PNG and Alaska.Botten…
Controls technology company Proserv announced it has established two separate divisions as part of a corporate restructure plan.The Aberdeen based firm was recapitalized by its new majority shareholders, Oaktree Capital Management and KKR, early in 2018…
Geosciences company Benthic announced it has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system…
Offshore drilling contractor Valaris on Tuesday announced a group of new global contracts and contract extensions, with associated revenue backlog of approximately $245 million. The latest batch of contracts, which includes work in several continents…
Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia…
Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.Harland and Wolff's multipurpose fabrication facility…
Polarcus said it has secured high industry prefunding for a multi-client XArray project in Australia.The project will commence in the fourth quarter of 2019 with an approximate duration of two months.
Wintershall Dea has agreed to sell its stakes in Norway's Nyhamna gas processing terminal and the Polarled gas pipeline to CapeOmega and Solveig Gas to focus on its upstream oil and gas activities, the German oil and gas company said on Tuesday…
The bodies of two more crew members from sunken offshore tug supply vessel Bourbon Rhode have been recovered by search teams in the Atlantic Ocean, the vessel's owner Bourbon announced on Tuesday. Three crew members are confirmed deceased, three…
Northland Deutsche Bucht GmbH confirmed that the first turbine at its 269 MW Deutsche Bucht offshore wind farm, has been successfully commissioned and is delivering power to the German grid.“This is a great achievement for our Deutsche Bucht project…
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…
The floating, production, storage and offloading (FPSO) service provider in Malaysia, Yinson Holdings Bhd has been awarded a contract extension for its Lam Son FPSO for operations on the Lam Son field, located offshore Vietnam.'On 30 September 2019…
Oceaneering International said it has been awarded a contract to support a decommissioning project off the east coast of Canada. This is the first decommissioning contract for Oceaneering in Canada.The contract’s work scope includes internal cutting…
Subsea 7 said on Monday it has been awarded two contracts, together worth between $50 million and $150 million, by BP for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters…