Hague and London Oil (Halo) said that it has now formally completed its acquisition of Third Energy Offshore Limited (TEOL).The Southern North Sea-focussed company, with a diverse portfolio of offshore and onshore producing, development and…
Sistac is an established local offshore service provider in two subsea areas (ROV and Diving), along with its distinguished position as a pioneer in rope access services, which only enhances their value and importance to the national offshore growth effort…
SEACOR Marine Holdings, the provider of marine and support transportation services to offshore oil, has announced the acquisition of UP Offshore (Bahamas) by a new joint venture company that is 49% owned by a subsidiary of SEACOR Marine and…
Norway-based company engaged in the investment in vessels within oil-service and industrial shipping Ocean Yield ASA has entered into a standstill agreement with Solstad Offshore for two anchor handlers built in 2013, the Far Senator and Far Statesman…
Australian energy services group Three60 Energy has acquired Aberdeen-based North Sea Construction and Commissioning (NSCC) for an undisclosed sum. This is now the fourth company to be added to the fast-developing energy services group which now employs over 320 people…
The Scottish energy group Xodus Group has appointed Phil Cooper as a new corporate development director to support the continued growth of the company.The Aberdeen-based international energy consultancy said in a press release that Cooper has…
Subsea laser LiDAR (SL) technology and 3D data visualization solutions specialist 3D at Depth said it has expanded several global office locations and launched a new portfolio of services designed to support cohesive workflow efficiencies for offshore oil field design through decommissioning…
Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer.In addition, industry veterans Paul…
China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…
UK-based Moray Offshore Windfarm (East) announced that it has reached financial close – a major milestone marking the commencement of GBP 2.6 bln of project finance investment.The consortiumwhich develops and operates offshore wind farms, known as ‘Moray East’…
Global manufacturer of offshore wind turbines Senvion announced that Yves Rannou will join the company as Chief Executive Officer (CEO) on 1 January 2019.Rannou is taking over the role from acting CEO and CFO Manav Sharma. As an industry expert…
Oil major Chevron announced Monday it has named Navin Mahajan vice president and treasurer, effective February 1, 2019, and Dale Walsh vice president of Corporate Affairs, effective March 1.Mahajan, who is currently vice president, Finance Downstream & Chemicals…
The oil and gas company with focus in Norway and the U.K. Faroe Petroleum has reaffirmed that Norwegian oil giant DNO ASA's GBP608mln ($761.65 million) unsolicited takeover offer for the AIM-listed firm is 'opportunistic' and 'substantially' undervalues it…
NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth $5 million.The investment, which took place via a private placement with Scorpio Offshore Investments…
The 2019 Maritime Insights Database (MarTID) survey has just been launched. This annual survey and the resulting annual reports (available freely at www.MarTID.org) provide critical data on maritime training practices and trends useful to every segment of the maritime industry…
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