UK-based subsea equipment rental and solutions specialist Ashtead Technology has named Bob Gillespie as Commercial Director. Gillespie most recently worked for the Norwegian offshore installation services firm Havfram where he was UK Managing Director…
Japanese oil and gas company Inpex has transferred its entire stakes in two U.S. Gulf of Mexico offshore oilfields to project partners.The company has transferred its 10.1% stake in the Lucius Field located in the US Gulf of Mexico’s Keathley Canyon blocks 874…
Modern American Recycling Services Europe (M.A.R.S.) said Friday that Equinor's Veslefrikk B platform had arrived in the Port of Frederikshavn, where it will be recycled.The Veslefrikk B arrived at the M.A.R.S quayside on Wednesday, August 31…
Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.Alweendo said Namibia had agreed with the companies that they should start production as fast as possible…
Mauritania hopes to agree a business plan for BP's BirAllah offshore gas field in two to three years' time, Energy Minister Abdessalam Ould Mohamed Saleh said at a conference in Dakar on Thursday. Speaking earlier at the same conference, BP…
Brazilian oil company PetroRio said on Thursday it signed a memorandum of understanding to buy Dommo Energia, formerly known as OGX Petroleo e Gas SA, in a deal valued at 942.9 million reais ($179.9 million).Once the darling of Brazil's one-time richest man Eike Batista…
Oil and gas company Noreco on Thursday announced the sailaway of the new Tyra II process module (the 'TEG'), 10.15am local time, from Batam, Indonesia and bound for the TotalEnergies-operated Tyra gas field redevelopment project in the Danish North Sea…
Repsol Sinopec Resources UK has appointed Nicolas Foucart as its new CEO, effective Thursday, September 1, 2022.Foucart replaces Jose Luis Muñoz, who held the post from April 2020. Muñoz is relocating to Spain upon being appointed Director of Mergers and Acquisitions (M&A) for Repsol in Madrid…
Offshore installation and decommissioning contractor Allseas has secured a contract with TAQA UK for the removal and disposal ofseveral Northern North Sea (NNS) facilities.Aberdeen-based TAQA manages the UK North Sea exploration and production…
The second phase of Senegal's Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal's President Macky Sall said on Thursday.BP and U.S.-listed Kosmos Energy KOS.N are leading the development of GTA and Yakaar-Teranga…
Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…
Offshore drilling company Diamond Offshore Drilling has secured a contract for its Ocean Apex rig with Inpex in Australia. Inpex, based in Japan, will use the rig on the Northwest Shelf of Australia. The new contract covers two wells and is…
Senegal's Sangomar oil project is 60 percent complete, and a first barrel is expected in the second half of 2023, Woodside Executive Vice-President for International Operations Shiva McMahon said at a conference in Senegal on Thursday. Australia's…
Output at Kazakhstan's Kashagan giant oilfield will remain below normal at least until the end of September due to maintenance following a gas leak early in August, two sources familiar with the situation told Reuters on Wednesday.Daily oil production on Kashagan stayed close to 100…
Dutch marine services and towage firm KOTUG has closed the acquisition of Seaways, first announced in April. The fee was not disclosed.'The acquisition of Seaways brings together the assets, expertise and people of two leading companies that…
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