Latest News

 

Voser Steps in as Interim CEO at ABB

few minutes ago

ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.Spiesshofer’s abrupt exit follows…

Vattenfall Taps Seaway 7 for HKZ Installs

3 hours ago

Swedish power company Vattenfall has tapped Seaway 7 for installation work at the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm development offshore the Netherlands.Seaway 7, a subsidiary of Subsea 7, will perform a work scope including…

Woodside Q1 Revenue Rises 4%

5 hours ago

Australia's Woodside Petroleum Ltd on Thursday posted a 4 percent rise in first-quarter revenue on higher realized prices for its oil and gas.Revenue rose to $1.22 billion for the three-months ended March 31, compared to $1.17 billion a year ago…

Saipem Seeks Drilling Partners

5 hours ago

Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.Saipem, controlled by Italian state lender CDP and oil major Eni, is seeking…

Schlumberger Quarterly Profit Slides

5 hours ago

Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.Schlumberger said net income fell to $421 million…

Talakar Named CEO of Siemens Oil & Gas

5 hours ago

Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be based in Houston.Talakar brings to this position extensive leadership experience. Prior to taking this new role, he was responsible for Siemens Saudi Arabia…

Chrysaor to Buy ConocoPhillips’ UK Assets

5 hours ago

Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675 billion, the companies announced on Thursday.Full-year 2018 production and year-end 2018 proved reserves associated with the assets being sold were approximately 72…

Keppel to Add 1,800 Offshore, Marine Staff

6 hours ago

Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014…

Sudan Coup Puts Oil Plans in Disarray

6 hours ago

The collapse of the regime of former Sudanese President Omar al-Bashir is likely to jolt the country's oil sector and could leave in disarray earlier approved plans to open up the country's offshore blocks in the Red Sea basin for exploration…

DPU Approves Vineyard Wind Contracts

13 hours ago

The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts for 800MW of offshore wind between Vineyard Wind and the Commonwealth’s electric distribution companies.The DPU green signal is a crucial approval needed…

Wintershall Wins Argentina Offshore Bid

13 hours ago

Germany's largest crude oil and natural gas producer Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round.In addition to the CMA-1 exploitation concession…

Ocean Infinity Names Paul Helmore as CCO

13 hours ago

American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…

DNV GL Certifies Arkona Offshore Wind Farm

Apr 17, 2019

Norwegian testing and advisory company DNV GL said it awarded the Arkona Offshore Wind Farm with the project certificate.The certification was carried out according to the German Federal Maritime and Hydrographic Agency (BSH – Bundesamt für…

Successful Zama Appraisal and Production Test

Apr 17, 2019

Talos Energy said it has completed a successful Zama appraisal well and production test in Block 7, located in the offshore portion of Mexico's Sureste Basin.Talos is the operator of the bock, and its partners are Sierra Oil & Gas, a company of DEA Deutsche Erdoel AG…

MMA Offshore Wins Woodside Gig

Apr 17, 2019

MMA Offshore said on Wednesday it has been awarded a contract by Woodside to provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets over two scopes scheduled to commence in April 2019…

Current News

Voser Steps in as Interim CEO at ABB

Voser Steps in as Interim CEO at ABB

Vattenfall Taps Seaway 7 for HKZ Installs

Vattenfall Taps Seaway 7 for HKZ Installs

Woodside Q1 Revenue Rises 4%

Woodside Q1 Revenue Rises 4%

Saipem Seeks Drilling Partners

Saipem Seeks Drilling Partners

Schlumberger Quarterly Profit Slides

Schlumberger Quarterly Profit Slides

Talakar Named CEO of Siemens Oil & Gas

Talakar Named CEO of Siemens Oil & Gas

Chrysaor to Buy ConocoPhillips’ UK Assets

Chrysaor to Buy ConocoPhillips’ UK Assets

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