Thai offshore service provider Mermaid Maritime has completed the previously proposed exit from Asia Offshore Drilling, a joint venture firm with drilling contractor Seadrill.Earlier this month, Mermaid said it would exercise its put option and sell its 33…
OPITO, a UK-based skills and workforce body whose main focus has been offshore oil and gas - as its full name Offshore Petroleum Industry Training Organization suggests - is shifting its course and venturing into renewables.The organization…
Offshore heavy transport and installation contractor OHT has been admitted to trading on Merkur Market in Norway under the ticker code OHT-ME.OHT, which apart from its traditional heavy lift and transportation business is increasingly shifting focus on offshore wind…
Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…
Offshore drilling company Dolphin Drilling has appointed Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil rigs, preventing a strike that could eventually have halted the exploration for new oil and gas reserves, the unions, and companies said in separate statements on Thursday…
UK-focused offshore oil and gas firm Hurricane Energy said Wednesday that Alan Parsley had resigned from his position as Non-Executive director.Parsley, 76, appointed in 2020 as a Kerogen Capital nominee director, is a geologist with over 50 years’ experience in the oil and gas industry…
Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.The potential issue of investment-grade senior unsecured notes will be subject to market conditions…
Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…
UK's oil and gas regulator the Oil and Gas Authority (OGA) has appointed Andy Brooks as Area Manager - Central North Sea, starting the role in September 2020.Brooks graduated from Leeds University in 2002 with a Masters in Chemical Engineering…
Fircroft, and NES Global Talent, two global recruitment companies providing skilled personnel across various sectors including oil and gas, renewables, and power sectors, have agreed to merge.'The integration of these two great businesses will…
Philippe Kavafyan, CEO offshore wind turbine maker MHI Vestas Offshore Wind, will chair Europe’s wind energy association, WindEurope, for the next 18 months.Kavafyan has been elected Chair of WindEurope by the association’s Board of Directors…
Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has received a letter from Seafox, a rival, and a holder of 29.9% of shares in GMS, seeking removal of four of GMS' directors from the board.To remind…
Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, Chief Executive Roberto Castello Branco said during an online event on Thursday.That number…
Inpex Corp said on Friday it expects to shed jobs at its Ichthys liquefied natural gas (LNG) project in Australia due to the slump in oil prices, but did not say how many would go.The cuts by Japan's biggest oil and gas company mark the latest…
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