Repsol Sinopec Resources UK has appointed Nicolas Foucart as its new CEO, effective Thursday, September 1, 2022.Foucart replaces Jose Luis Muñoz, who held the post from April 2020. Muñoz is relocating to Spain upon being appointed Director of Mergers and Acquisitions (M&A) for Repsol in Madrid…
China's CNOOC Ltd more than doubled its first-half profit helped by higher oil and gas prices, the offshore oil and gas producer reported on Thursday.Interim net income rose 116% to 71.89 billion yuan ($10.50 billion) while revenue rose 75.6% to 176…
Harbour Energy, the UK North Sea's biggest oil and gas producer, increased a share buyback program by 50% to $300 million on Thursday as it reported first-half free cash flow of $1.4 billion.Harbour, which is set to produce just over 200,000…
Woodside Energy Group is in talks with 'high quality' companies looking to buy a stake in its $5.7 billion Scarborough gas project, but won't sell unless it gets the right price, Chief Executive Meg O'Neill said on Tuesday.The company has been…
Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian…
American Bureau of Shipping ABS said Wednesday it was providing New Technology Qualification (NTQ) services for pioneering subsea storage technology from NOV.The Joint Development Project (JDP) includes NOV, ABS, Equinor, Shell, The Research…
Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.During his tenure, van Beurden…
Vestdavit said Monday it had secured a contract to deliver its docking-head davit technology on a construction service operation vessel (CSOV) being built for Rem Offshore by Norwegian shipbuilding group VARD.The order for a PAP-15000 davit…
Alfa Laval has acquired Scanjet, a supplier of tank cleaning equipment and solutions for marine, offshore and industrial applications. 'The acquisition will extend Alfa Laval’s broad tanker offering, creating a more comprehensive product portfolio for cargo tanks…
Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually…
Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022…
Norwegian company Green Energy Group has completed the sale of its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition…
Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carbon emissions by 2050, modeling released on Thursday showed.The Net Zero Australia…
CessCon Decom, a Scotland-based firm specializing in decommissioning of oil and gas structures, plans to launch a decommissioning hub at the Port of Aberdeen’s £400 million South Harbour expansion in Q3 2022, creating up to 50 new jobs.The…
UK-based offshore well decommissioning firm Well-Safe Solutions has teamed up with Houston-based services company Trendsetter Engineering to equip its Well-Safe Guardian semi-submersible rig with the Trident Intervention System.'Featuring a compact yet powerful design…
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