Oceaneering International, Inc. announced it has bolstered its expanding asset integrity business in Chandigarh, India with more capabilities. The engineering support team is expected to grow to around 30 full time engineers by the end of 2019…
United Kingdom-based petroleum exploration and production company Enquest said it had completed the acquisition of the remaining 75% stake in Magnus, an additional 9.0% stake in the Sullom Voe Oil terminal and supply facility and additional interests in associated infrastructure from BP…
Houston based Forum Energy Technologies, Inc. announced Monday that C. Christopher Gaut will return to the role of Chief Executive Officer to replace outgoing CEO Prady Iyyanki. Gaut will continue to serve as Chairman of the BoardGaut, a seasoned oil and gas industry executive…
Global integrated subsea services business Kreuz Subsea has appointed Knut Eriksen as the board’s first independent nonexecutive director. Eriksen, who took up the advisory position on December 1, will support the business on a strategic level and help to identify future growth opportunities…
Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby…
Rig company Northern Drilling has appointed Scott McReaken as chief executive officer (CEO).The John Fredriksen-controlled company said in a press release that McReaken will succeed Gunnar Winther Eliassen who will continue to support the company through Seatankers Consultancy Services…
UK-based KNOT Offshore Partners has announced that John Costain has decided to step down as CEO and CFO of the partnership.'Although Costain is resigning in order to pursue other interests outside of the partnership, he will be available for the partnership until 31 May 2019…
Transocean, international provider of offshore contract drilling services for oil and gas wells, has announced that its shareholders approved the acquisition of Ocean Rig UDW, by approving the proposals presented at Transocean’s Extraordinary General Meeting…
MHI Vestas Offshore Wind (MVOW), a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, has announced the appointment of Jason Folsom, the US offshore wind veteran.Folsom, a respected offshore wind expert with extensive new…
Petrobras says it reached a USD370mln deal with Perenco to sell its operations in the Polo Nordeste and granted oil 3R Petroleum a 40-year concession to operate 34 oil fields in Bacia Potigar in a deal worth USD453mln.According to a press release…
Energy services provider THREE60 Energy has appointed Walter Thain as Group Chief Executive Officer. He will be responsible for leading strategic growth across the group, broadening its technical and geographic capability and extending its footprint in key energy markets…
Sea-state monitoring firm Miros Group is set to supply eight Oil Spill Detection (OSD) systems to Brazilian oil major Petrobras in the world’s largest x-band radar-based OSD surveillance and response contract to date.The agreement is in partnership with Ulstein Belga Marine…
Aberdeen-based NRG Group announced two new directors have been appointed to lead the family-owned company.The company, which consists of NRG Well Examination and NRG Well Management, was founded by Andrew Mackay in 1988. Mackay has handed the reins to his son…
Colombian state-run oil company Ecopetrol said on Tuesday it will invest between $3.5 billion and $4 billion in 2019, slightly above this year as it bolsters spending on exploration and production projects.The investment is the backbone of an…
Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP)…
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