Rovco, a UK-based provider of ROV services to the offshore energy industry, on Thursday said its CEO would lead a new start-up technology company, Vaarst, which will be looking for business opportunities in the wider industrial robotics sectors…
The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…
Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…
UK-based subsea technology and services provider Ashtead Technology said Tuesday it has invested £ 1million to develop a new R&D and engineering facility in Aberdeenshire to support renewables and decommissioning work. 'Upgrading an existing site at Thainstone Business Park…
Brazilian President Jair Bolsonaro's nominee to lead state-run oil company Petrobras said on Saturday the company needs to find 'balance' in fuel pricing, considering the impact on shareholders, investors, sellers and consumers.Joaquim Silva e Luna…
Portugal's oil and gas company Galp Energia cut its dividend payout by half on Monday after posting a 98% plunge in fourth-quarter net profit as the coronavirus pandemic hammered refining margins and output fell.The company said it would propose a dividend of 0…
The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on raising gasoline prices in line with international market hikes, two sources with direct knowledge of the matter told Reuters on Friday…
Marine seismic player Shearwater is on the lookout for a Source, Towing & Handling Manager.The company, which owns a fleet of 23 seismic vessels, has shared information via social media and on its career website and said this would be a full-time position…
Spanish energy group Repsol posted on Thursday forecast-beating fourth-quarter adjusted income, pushing its shares up even though write-downs on the value of oil and gas assets dragged it to a second consecutive annual net loss. Curbs on mobility…
Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard Looney’s plan to shift to renewable energy following a bruising year of mass layoffs, bonus suspensions, and spending cuts.The distribution of the shares…
Aberdeen-based offshore energy mooring solutions provider First Marine Solutions (FMS), said Tuesday it had invested in a new office and workshop premises to bolster its survey and positioning services. It has also made new appointments.The…
Shares in Technip Energies skyrocketed on Tuesday, the first trading day after Franco-American oilfield company TechnipFMC split its engineering and construction activities from its upstream oil services business.Shares were up 31.5% at 11.83 euros at 0901 GMT ($14…
UK-based energy services company Three60 Energy has appointed Garrie Scott as Projects Director in its Engineering, Procurement, Construction and Commissioning (EPC&C) service line, and has outlined plans to recruit 50 people over the next 12 months…
Wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - said Monday it had appointed Purvin Patel as Regional President of Asia Pacific, to strengthen its presence and market position in strategic and fast-growing markets in the region…
Mediation is starting Monday on the wage deal between the oil workers' union SAFE and the Norwegian Oil and Gas Association in a bid to avert a potential strike that could shut down production from several offshore oil fields in Norway.'This…
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