Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute…
Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.The cost of emissions will be raised to 2…
Oil and gas drilling contractor ADES has informed that its CFO Khaled Hassan has decided to resign to pursue other interests.'Mr. Hassan has decided to step down from his position to pursue a greater role outside of the Group. To ensure an orderly transition…
Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners…
Crew transfer vessel company Northern Offshore Services (N-O-S) has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N-O-S will provide crew transfer support to Ørsted’s UK West…
BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources said on Thursday.BP originally agreed to sell its interest in…
The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of…
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…
Gulf Marine Services, a UAE-based provider of offshore jack-up support vessels, has secured a long-term contract for its GMS Evolution jack-up. 'Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with…
UK-based offshore energy technology and services company Tekmar has said that its Pipeshield International subsidiary has won its largest-ever contract.'Pipeshield International Limited...has secured its largest contract win to date, to design…
Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras.Constellation said this week that the contract for the 2015-built Brava Star…
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible drilling rig. This is the rig Neptune used when it last year made one of Norway's largest offshore discoveries - the Dugong.The Deepsea Yantai…
London-listed Nigerian oil company Lekoil's shareholders will vote on Friday on an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute even drew in Nigeria's Ministry of Petroleum…
Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…
Malaysian oil and gas company Petronas has become the operator of the E11 gas hub, located 130km offshore Bintulu, Sarawak, Malaysia, effective 1 January 2021. The E11 hub which has been producing since 1982 under the MLNG Production Sharing…
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