Oceaneering announced on Wednesday it has secured a contract from Anadarko Petroleum Corporation to supply umbilicals, distribution hardware, and aftermarket services for its liquefaction and export terminal project in Mozambique.The multiple…
A UK shipbuilder known for building high-speed ferries aims to enter the offshore wind market with a new line of wind farm support vessels (WFSV).Wight Shipyard Co (WSC) said its Vortisea brand of vessels, designed in collaboration with Australian naval architect Incat Crowther…
Equinor said it will make changes to the leadership of two corporate staff areas.Siv Helen Rygh Torstensen, head of the CEO office, will take over as General Counsel, succeeding Hans Henrik Klouman, who will take on a role as Senior Advisor to the EVP CFO from August 1…
Some 922 workers on Norwegian offshore oil drilling rigs and floating production platforms could potentially go on strike on June 28 unless a pay deal is agreed, Norway's largest oil workers union Industri Energi said on Wednesday.The strike would hit oil companies' exploration efforts this summer…
International energy consultancy Xodus Group said it has added a new principal consultant to strengthen its renewables team as the company sets its sights on a range of new offshore developments.Dr. Adrian de Andres joins Xodus from Black &…
Equinor and Barra Energia have completed their transaction announced in July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of $379 million.Upon the completion of this transaction…
PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment towards the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.Oslo-listed PGS…
Norwegian oil firm Okea has raised 315 million crowns ($36 million) in an initial public offering, the company said on Monday, less than half of what it had initially planned due to a fall in the oil price.Europe's oil and gas sector has built…
Fortune 500 science and technology leader Leidos and international energy consultancy Xodus Group are joining forces on a new North America offshore wind alliance, bringing a wealth of expertise to the growing industry. The move will leverage…
Marine geoscience companies CGG and Shearwater GeoServices earlier this month signed a binding term-sheet for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.Under the agreement…
Svein Oskar Stoknes has been appointed Chief Financial Officer (CFO) of Norwegian industrial investment company Aker, effective August 1, 2019.Stoknes, who has worked at Aker Solutions since 2007 and was named CFO in September 2014, replaces Frank O…
Ivory Coast is expected to finalize the licensing procedures for six oil blocks this month with the outcome likely to boost the West African country’s drive to attract increased investment in its upstream activities and enable it double output by 2020 in line with the National Development Plan…
Scotland-based energy equipment manufacturer and service provider Flowline Specialists announced changes to its senior management team, including the appointments of Ross Whittingham as CEO and Graeme Chalmers as COO.Whittingham, who was previously the firm’s engineering manager…
Subsea 7 announced Thursday it has been awarded a contract for subsea pipelines and associated marine operations in the second phase of the large scale Johan Sverdrup project, in the Norwegian sector of the North Sea.The contract, awarded by…
A project that achieved a world first in subsea vehicle deepwater residency capability, proving the potential for marine autonomous systems to take a greater role in underwater inspection, repair and maintenance methodologies, is the winner of the annual UTC Subsea Award…