Apache Corp said it plans to create a new holding company called APA Corp, that would replace the oil and gas producer as the public company trading on the Nasdaq stock exchange.Apache will become a unit of APA and continue to hold assets in the United States…
Norwegian offshore vessel owner Havila Shipping has settled a dispute with subsea services provider DeepOcean.The dispute, now settled, came to light after Havila in December said it had terminated the contract with DeepOcean for the Havila Phoenix vessel…
Oil company ConocoPhillips has obtained regulatory approval for remote operations of its Eldfisk 2/7 Bravo facility in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, covers the conversion to a new…
Norwegian oil company Vår Energi has appointed Torger Rød as the company’s new CEO. Rød will take over from Kristin F. Kragseth who has recently accepted the position as CEO of Petoro, the management company for the Norwegian state-owned oil and gas interests…
Norway's Equinor has breached safety regulations at its long-delayed Martin Linge oil and gas development and must fix the problems before output can begin, an industry regulator said on Tuesday.Following an audit of control, monitoring and safety systems…
Norwegian oil and gas company Pandion Energy has agreed to acquire interests in two offshore production licenses in Norway from Wintershall DEA.Pandion will acquire a 2.5 percent interest in PL 820 S and a 15 percent interest in PL 617, both in the North Sea…
Danish offshore engineering group Ramboll has recently announced that said its Group Chief Operating Officer Markku Moilanen and Group Chief Innovation Officer Hilde Tonne would both leave the company to take on CEO positions elsewhere.Markku Moilanen will be joining YIT Corporation as CEO…
Lundin Energy has been granted a permit to drill the 16/4-13 S well in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which granted the permit, said Tuesday the offshore well would be drilled using the West Bollsta semi…
Norwegian offshore vessel owner Havila Shipping said Tuesday its deputy CEO Olav Haug Vikebakk would resign.'The Deputy CEO Olav Haug Vikebakk will resign during the first quarter to take up another senior position in the region,' Havila said…
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance…
UK-based subsea energy products company Express Engineering has sold its aerospace division for an undisclosed sum, to focus on expanding its capabilities in the offshore oil and gas market.The aerospace division has been sold to Paralloy. 'The…
Norwegian oil company Equinor has received regulatory consent to keep using the Island Wellserver well intervention vessel in 2021.The consent, granted by the Petroleum Safety Authority Norway, is an extension of an existing consent.The consent…
Maersk Drilling's Maersk Inspirer jack-up rig, converted to a production platform, has been towed to the Repsol-operated Yme oil field in the North Sea, offshore Norway, OKEA, a partner in the field said Monday.'OKEA ASA...is pleased to announce…
Russian energy giant Gazprom said on Friday it had begun delivering natural gas to Serbia and Bosnia through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.The gas supplies destined to Serbia and Bosnia first reach Turkey via the TurkStream pipeline…
Croatia's liquefied natural gas (LNG) terminal on the northern Adriatic island of Krk began operations on Friday amid the first delivery of gas, said the company which runs the unit.'LNG tanker Tristar Ruby anchored with 143,000 cubic meters…