Offshore Engineer People News - page 102


Climate Activists Block Shell's Aberdeen Offices

Jan 16, 2020

Extinction Rebellion movements' climate protesters have blocked entry to Shell's offices in Aberdeen.'At 6.30 am this morning, ExtinctionRebellion Scotland blocked all entrances to the headquarters of the oil giant on Altens Farm Rd in the European Oil Capital Aberdeen…

Seawave Welcomes Lekoil Scam Probe

Jan 16, 2020

A consultancy firm that allegedly arranged a fraudulent $184 million loan announced by Nigerian oil company Lekoil Ltd said on Wednesday that it welcomed an investigation into the matter.Shares in Lekoil Ltd fell by more than 70% following a…

Japanese Duo Forge Offshore Wind Pact

Jan 15, 2020

Japanese companies Jera Corporation and Shimizu Corporation have signed a memorandum of understanding (MoU) to cooperate on offshore wind projects.The MOU provides that the energy group Jera and engineering specialist Shimizu will explore ways…

Aramco Mulls Offshore Oil Expansions

Jan 15, 2020

Saudi Aramco is continuing to focus significant efforts on crude oil expansion. The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstream investment over the next three years…

Italy Court Acquits Saipem, Eni In Algeria Corruption Case

Jan 15, 2020

An Italian appeals court said on Wednesday it had acquitted oil services group Saipem and oil major Eni of alleged corruption charges in Algeria.The court also acquitted a series of other defendants, including former Eni Chief Executive Paolo Scaroni…

BW Energy Oslo Listing Set For 1Q 2020

Jan 15, 2020

BW Offshore's exploration and production subsidiary BW Energy is gearing up for an initial public offering of shares in the first quarter of 2020, and listing on the Oslo exchange an independent company.BW Energy was established by the FPSO…

Tullow in $1.5B Writedown On Oil Price Outlook, Exploration

Jan 15, 2020

Tullow Oil expects to report a $1.5 billion writedown after lowering its long-term oil price assumptions by $10 to $65 a barrel, an announced reduction in reserves in Ghana and disappointing exploration wells, it said on Wednesday.'Tullow expects…

Equinor's Johan Castberg director moves to OKEA

Jan 13, 2020

Norway's OKEA has appointed Knut Gjertsen as a new SVP Project and Technology.The Oslo-listed oil firm said Monday that Gjertsen was joining from the position as Project Director for Johan Castberg in Equinor. Johan Castberg is Equinor's oilfield development in the Barents Sea…

Zenith Step Closer To Buying AAOG Congo

Jan 13, 2020

London-listed Zenith Energy has skipped „a major hurdle“ towards acquiring majority rights in Congo focused Anglo African Oil & Gas Congo SAU.Namely, Anglo African Oil & Gas’ shareholders have passed the resolution to approve the sale of an…

Lekoil in Trading Halt After Funding Deal Query

Jan 13, 2020

London-listed oil company Lekoil has suspended trading of its shares after the Qatari Investment Authority questioned the validity of its recently announced funding agreement.Lekoil, focused on oil and gas activities in Africa, earlier in January…

TGS names SVP Imaging. Strikes Google Cloud deal

Jan 13, 2020

Norway-based seismic data provider TGS has appointed Scott Mitchel, an ex-BP man, as Senior Vice President of Imaging at TGS. TGS has also signed a deal with Google Cloud for cloud-based computing capacity.Mitchell, who has 28 years of experience in the oil and gas industry…

Apache Corp To Close San Antonio Office, Cut 272 Jobs

Jan 10, 2020

U.S. oil and gas producer Apache Corp will close its San Antonio, Texas office overseeing its struggling Alpine High project in the Permian basin and 272 jobs will be affected.The closure follows the October resignation of Steven Keenan, the…

Providence's New CEO Eyeing Barryroe Investors

Jan 09, 2020

Irish oil and gas explorer Providence Resources has appointed Alan Linn as a new CEO. He hopes to help the company with the development of long-delayed Barryroe offshore oilfield. He will also join the board as an executive director.In a statement on Thursday…

RWE is Possible Takeover Target in Renewables Boom

Jan 09, 2020

RWE, Germany's largest power producer, could become a takeover target as big industry players strive to expand their renewable portfolios around the world, Goldman Sachs said in a research note on Wednesday.Following an asset swap with E.ON…

NY to Create Offshore Wind Training Institute

Jan 08, 2020

New York Governor Andrew Cuomo has announced plans to create Offshore Wind Training Institute to offer offshore wind training programs.The institute will provide benefits to workers across New York State through new job training programs, tailored college curriculum…

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