Bahrain's National Oil and Gas Authority (NOGA) will transition into an energy company that will look at energy resources outside of fossil fuels, an official said on Tuesday.Bahrain's king issued a royal decree in September abolishing the National Oil and Gas Authority (NOGA)…
Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the ADIPEC Exhibition in Abu Dhabi…
Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…
Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…
Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…
Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…
Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…
Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large oil spill from one of its subsea pipelines in southern California last month forced it to shut its operations in the region.In mid-October, the U.S. Coast Guard said about 588 barrels (25…
UK-based drilling waste management company, TWMA, said Monday it would highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC, where it is exhibiting…
Malaysian FPSO supplier Yinson has signed two letters of intent with Brazilian oil company Petrobras for the charter, operations, and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin…
Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…
Italian energy industry giant Eni said Monday it had held the naming and sail away ceremony for the Coral-Sul FLNG unit, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje…
Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…
Saab Seaeaye, a company building underwater remotely operated vehicles, has agreed to sell 10 of its newly launched electric work remotely operated vehicles (eWROV), including further options, to marine robotics company, Ocean Infinity.'The…
Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday the world could not 'simply unplug' from hydrocarbons and that the oil and gas industry needed to invest over $600 billion a year until 2030 to meet expected demand…