Survitec Group, a manufacturer of marine safety and survival equipment, has restructured its offshore division to better serve customers with assets operating in the oil, gas and wind (renewable) energy sectors, it said.The reorganization of…
Danish renewable energy developer Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds.The fund is to finance its green growth ambition towards 2025 including the investment in the offshore wind farm Hornsea 2 in the United Kingdom with a capacity of 1…
TechnipFMC has chosen Semco Maritime to deliver telecommunication systems, topside firefighting equipment and safety equipment for the ‘Energean Power’ FPSO for the Karish & Tanin fields, offshore Israel.As a total systems integrator Semco Maritime…
US oil giant ExxonMobil and Abu Dhabi's national oil company have met to discuss new opportunities for collaboration in the upstream and downstream sectors. The discussions were held during a joint visit to review the two firm's US$ 30 billion (AED 110 billion) Upper Zakum expansion project…
Anadarko Petroleum Corp’s board on Monday backed a US$38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.The decision capped a series of moves by Occidental…
Occidental Petroleum Corp has revised its bid for Anadarko Petroleum Corp. increasing the amount of the US$38 billion deal that it would pay in cash. The Houston-headquartered firm's move is part of its bid to overthrow Chevron's $33 billion offer for Anadarko…
Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…
The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe…
Global subsea equipment solutions specialist, Ashtead Technology has appointed a new regional director for Asia-Pacific.James Christie joins the Aberdeen-based firm from Subsea 7 as Ashtead completes a six-figure investment to double the size of its Singapore facility…
In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…
The provider of international crude oil and gas marine transportation, Teekay Corporation announced an agreement to sell to Brookfield Business Partners all of the Company’s remaining interests in Teekay Offshore Partners for total proceeds of $100 million in cash…
Global controlled flow excavation (CFE) specialist James Fisher Subsea Excavation (JFSE), part of the James Fisher & Sons group, announced that it has bolstered its expert team by a number of key appointments and promotions.The strategic appointments…
Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017…
Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in…
South Stream Transport, which is responsible for the construction and operation of the TurkStream Offshore Pipeline, and the Italian oil and gas industry contractor Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14…