The activist investor leading a proxy fight to reshape Exxon Mobil Corp on Monday named the four directors it wants shareholders to remove at the oil company's upcoming annual general meeting.The investor, Engine No. 1, is a small fund that last year took on the top U…
U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively…
Norwegian oil and gas company Vår Energi has received regulatory approval to use the subsea facilities on the Marulk field in the Norwegian Sea beyond their original operating life.Vår Energi had consent for the operation of the Marulk field until December 31…
Engineering and construction firm Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative twin-turbine floating offshore wind technology for large-scale floating power generation projects off the coast of the U.K. 'The…
Abu Dhabi-based oil and gas giant ADNOC has suspended oilfield services firm Petrofac from competing for new ADNOC contracts 'until further notice,' over a bribery case related to contracts awarded in 2013 and 2014.'Petrofac Ltd announces it…
Norwegian offshore wind vessel owner Edda Wind has ordered two additional Commissioning Service Operation Vessels (CSOV), as it expects long-term growth for the renewable energy sector. The company is also set for an initial public offering…
Dutch marine contractor and offshore installation services company Van Oord will install a combustion conditioning system with hydrogen and methanol on its subsea rock installation vessel Bravenes, in a push to cut emissions from its fleet.The system…
Guyana, a country that has become a deepwater oil and gas exploration hotspot mostly due to a string of discoveries made by ExxonMobil in recent years, is set for a record year when it comes to the number of offshore wells expected to be drilled in 2021…
In the last year, the Covid-19 pandemic has increased the risks of working in what was already one of the most hostile environments on Earth. But, with the first anniversary of the outbreak not long in our collective rear-view mirrors, offshore…
Ministers in the UK are reportedly looking to put an end to new offshore oil and gas exploration licenses as part of the country's 'net-zero' ambitions, the Sunday Telegraph said in a report released over the weekend, citing an unnamed industry source…
Oil and gas company Noreco has appointed John Hulme as Chief Operating Officer (COO), effective Monday.'Mr Hulme brings 30 years of global experience in the oil and gas industry. He was most recently Country Manager for Sapura Energy E&P business in Malaysia…
Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC, offshore Malaysia.The assets located offshore Sarawak, Malaysia, are operated by…
A new company called Nicola Offshore specializing in marine survey campaigns and on-demand missions has started operations from its headquarters in Hamburg, Germany on Monday.According to the company's press statement, Nicola Offshore was established…
China's CNOOC on Monday said it had started production from the Caofeidian 6-4 offshore oil field in the Bohai bay, China.The Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with an average water depth of about 20 meters. 'In addition…
Australian oil and gas firm Woodside and its Pluto LNG joint venture partners have delivered their first cargo of carbon offset condensate to commodity trading company Trafigura.The cargo was loaded at Pluto LNG plant in Western Australia, which…
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