People & Company News News


Occidental Agrees to Sell Anadarko Assets to Total

May 06, 2019

Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…

Wintershall, DEA Complete Merger

May 03, 2019

The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe…

Ashtead Names New Asia-Pacific Leader

May 02, 2019

Global subsea equipment solutions specialist,  Ashtead Technology has appointed a new regional director for Asia-Pacific.James Christie joins the Aberdeen-based firm from Subsea 7 as Ashtead completes a six-figure investment to double the size of its Singapore facility…

Compliant & Efficient Solutions for Telford Offshore

May 01, 2019

In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…

Teekay Sells Offshore Stake to Brookfield

May 01, 2019

The provider of international crude oil and gas marine transportation, Teekay Corporation announced  an agreement to sell to Brookfield Business Partners all of the Company’s remaining interests in Teekay Offshore Partners for total proceeds of $100 million in cash…

JFSE Bolsters its Team

May 01, 2019

Global controlled flow excavation (CFE) specialist James Fisher Subsea Excavation (JFSE), part of the James Fisher & Sons group, announced that it has bolstered its expert team by a number of key appointments and promotions.The strategic appointments…

Overcoming Local Crew Challenges

Apr 30, 2019

Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017…

E.ON, Kyuden Mirai to Develop Offshore Wind in Japan

Apr 24, 2019

Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in…

Saipem Settles South Stream Dispute

Apr 23, 2019

South Stream Transport, which is responsible for the construction and operation of the TurkStream Offshore Pipeline, and the Italian oil and gas industry contractor Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14…

Voser Steps in as Interim CEO at ABB

Apr 18, 2019

ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.Spiesshofer’s abrupt exit follows…

Ocean Infinity Names Paul Helmore as CCO

Apr 18, 2019

American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…

Rever Offshore Appoints Ops Director

Apr 15, 2019

The subsea services provider to the oil and gas industry Rever Offshore, has announced the appointment of Bob Bryce to the newly-created role of Operations Director.The provider of fully integrated subsea construction and offshore management…

Japan Group Buys Stake in Taiwan Offshore Wind

Apr 08, 2019

A group of Japanese investors - JXTG Nippon Oil & Energy, Sojitz Corp and other Japanese firms - have joined German wind farm developer Wpd in the 640MW Yunlin offshore wind project off Taiwan.The Japanese group will take a 27% stake in in Taiwan's Yunneng Wind Power for an undisclosed sum…

Tender Rig Specialists to Merge

Apr 08, 2019

Singapore-based tender assist rig specialist Energy Drilling and Houston-headquartered Atlantica Tender Drilling (formerly BassDrill) are planning to merge into what is expected to become the second largest tender drilling contractor.Tender rig pair signed a letter of intent (LoI) for the merger…

Borr Drilling Buys New Jack-Up

Apr 02, 2019

The offshore drilling contractor to the oil and gas industry worldwide, Borr Drilling  has acquired a new jack-up newbuilding. The acquisition price is nearly half of what it was originally ordered for.The offshore driller informed that the Hull No…

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