Russia's largest independent natural gas producer Novatek announced that its wholly owned subsidiary OOO Novatek-Yurkharovneftegas, upon testing of the exploration well PO-1 achieved commercial flows of natural gas from the Lower Cretaceous…
Cable manufacturer NKT announced Monday that its CFO Roland M. Andersen will step in as interim CEO of NKT as Michael Hedegaard Lyng steps down as CEO.The appointment became effective November 16, the company's Board of Directors announced.Chairman of the Board of Directors…
Brazil's right-wing President-elect Jair Bolsonaro said on Monday that certain units of Petroleo Brasileiro could be privatized, even though the state-run company is strategic for the state.Speaking to reporters after his team named Chicago…
Aberdeen-headquartered oil and gas service company TEMS International has appointed Nicola Lomax to the newly created role of QHSE manager as it continues to expand its workforce in response to growing demand for its services.Lomax will be responsible for developing and managing the firm’s health…
North Sea Forties crude differentials fell to a three-year low on Monday, pressured by ample prompt supplies and limited demand.Ekofisk DelaysSome Ekofisk cargoes for loading in November have been delayed by a few days because of unplanned maintenance…
Nexans announced Monday it has secured a contract to supply of over 200 kilometers of the high voltage alternating current (HVAC) subsea export cable system for the near shore section of the world's largest offshore wind farm. The contract…
Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom…
One of the world's largest semi-submersible crane and pipelaying vessels has arrived in the Netherlands for an extensive six-month upgrade.The Saipem 7000 is in Damen Verolme Rotterdam (DVR) for a dynamic positioning system overhaul to meet…
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities could damage regional stability.The eastern Mediterranean is believed to be rich in natural gas…
Nigerian opposition candidate Atiku Abubakar will seek to boost investment in the country's oil sector if he becomes president next year, according to a draft copy of his manifesto.He plans to reconsider the introduction of bidding rounds for marginal fields and oil blocks…
Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive said on Monday.Last year Delek spun off an initial 9.25 percent of Tamar into a new company in Tel Aviv called Tamar Petroleum…
Brazil's incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA, amid a debate over privatization of the company's assets…
Enpro Subsea & Kosmos Energy commit to subsea ‘smart standardization’ in Gulf of MexicoEnpro Subsea reached a Master Services Agreement (MSA) with Kosmos Energy (formerly Deep Gulf Energy) aimed at providing enhanced subsea architecture and…
Fifteen people have been rescued from a liftboat that lost power and is listing and taking in water in the U.S. Gulf of Mexico.The master of the 134-foot liftboat Ram XVIII reported on Sunday that the vessel had a 45-degree list and no power…
Dutch offshore access solutions provider Ampelmann has reached a new milestone: 500,000 safe personnel transfers for BP globally.The provider of offshore personnel transfer system completed its first transfer for the oil major in Trinidad &…
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