The National Ocean Industries Association (NOIA) board of directors has elected Tim Duncan, president & CEO of Talos Energy, as chairman and Paul Danos, owner, president and CEO of Danos, as vice chairman for the 2021-22 term. Duncan and Danos…
Belgian offshore installation company DEME Offshore has been awarded a substantial contract to deliver foundations for Parkwind's offshore wind farm in the Baltic Sea, offshore Germany.DEME Offshore will be responsible for engineering, procurement…
Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it…
Occidental Petroleum Corp Chief Executive Vicki Hollub said on Tuesday she opposes a carbon tax, an idea that has gained the backing of large rival oil companies and some trade groups.'A carbon tax would be bad for a lot of the industry, a carbon…
Australian oil and gas company Emperor Energy has acquired from CGG a license to recently acquired 3D seismic data covering its Judith gas field located within the Vic/P47 Permit in the offshore Gippsland Basin, Victoria, Australia.According to Emperor Energy…
Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…
Norwegian offshore oil and gas company Vår Energi has received regulatory approvals to drill four wells in the production license 229, in the Norwegian section of the North Sea.The Norwegian Petroleum Directorate said Tuesday it had granted Vår Energi a drilling permit for wells 25/8-20 S…
INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…
Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…
Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February.'The vessel has today been delivered to the new owner…
Oil and gas services and technology company OSSO, specializing in fluid temperature control and separation solutions, has been awarded a contract by oil company Neptune Energy, to deploy its high volume mud cooler and AutoCUL technology at the Seagull project in the UK North Sea…
Flaring in the UK North Sea dropped by 22% in 2020 compared to 2019, and as production facilities cut the overall volume to 33 billion cubic feet (bcf), a reduction which is roughly equivalent to the gas demand of 200,000 UK homes, the UK Oil and Gas Authority said Thursday…
Oil giant Shell has announced the appointment of Sir Andrew Mackenzie as the new company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021.Mackenzie, a former BHP Billiton CEO, will succeed…
Italian oil giant Eni has recently extended the contract for Saipem's Saipem 10000 drillship.The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report.'The most significant…
UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor 'have now been satisfied and all of the requisite anti-trust approvals have been received.'Premier oil said following receipt of notice from the Oil and Gas Authority (OGA)…
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