The offshore industries and researchers are sharing industry-acquired ecological data as part of a program increase understanding of the influence of manmade structures on the ecosystem of the North Sea.The INSITE Program has attracted recognition and support from industry…
Energy services company Wood said Stephanie Cox will take over as CEO of its Americas business, succeeding Andrew Stewart who has been appointed executive president of strategy and development for the global business.Responsible for the firm’s…
Flow measurement research and development (R&D) specialist TÜV SÜD National Engineering Laboratory announced it has opened a £16 million ($20.5 million) Advanced Multiphase Facility (AMF), which aims to help global oil and gas operators to ensure production remains economically viable…
Sinomine Specialty Fluids (formerly Cabot Specialty Fluids) said it has signed a framework agreement with Equinor for supply of cesium drilling and completion fluids to the company’s operations on the Norwegian Continental Shelf. The contract…
Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa.Matt Fox…
BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by the end of 2019, a year ahead of schedule.In a statement, London-based BP said it expects…
Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…
Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, announced two senior hires to build upon recent successes in the Asia Pacific (APAC) region. Fueled by the region’s energy and infrastructure markets…
Norway's BW Offshore will wait for markets to stabilize before launching a planned initial public offering of its oil production arm, BW Energy, an executive said on Thursday.'We are generally ready to go to the market for a listing... however…
Offshore equipment and engineered solutions provider Gulfstream Services International (GSI) said it has moved into its new Aberdeen headquarters as part of an effort targeting expansion in the North Sea and beyond.The firm has expanded into an 8…
Rotating equipment services provider Sulzer said it has opened a new service center in Semenyih, Malaysia to offer specialist technical knowledge and support for all types of pumps, electrical equipment and turbomachinery for local industries including oil and gas…
Norway's TGS, a supplier of seismic data to the global oil industry, reported record third-quarter revenues on Tuesday, beating both its own and analysts' forecasts, the company said.So-called net segment revenues hit $277 million for the July-September period…
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…
UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea.Rockflow will provide subsurface evaluation support…
Veteran energy industry association executive Erik Milito has been named as the new president of the National Ocean Industries Association (NOIA) and will to take the helm of the offshore energy association effective November 1, 2019.“Erik is a strong leader and an effective communicator…
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