U.S. Gulf of Mexico focused oil and gas W&T Offshore on Monday announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer.Tracy W. Krohn, W&T’s Chairman and CEO, stated, “William has been important…
The International Marine Contractors Association has suspended its Russian members from the association over Russia's invasion of Ukraine.IMCA CEO Allen Leatt said: 'We are all deeply saddened at IMCA by the events unfolding in Ukraine and the…
Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, on Wednesday announced Board of Directors for the combined company, to be effective upon the closing of the business combination announced on November 10…
MEO Group and its local joint venture partner, Uniwise Offshore Ltd, won a three-year contract for five Anchor Handling Tug Supply vessels (AHTS) by an E&P company in Thailand. The five vessels -- MEO Monarch 1, MEO Monarch 2, Uniwise Advantage…
Colombian Energy Minister Diego Mesa launched the country's plans for offshore wind energy at the CERAWeek by S&P Global conference in Houston on Tuesday, while an agreement to develop the first wind project has been signed, the government said in a statement…
Gulf Island Fabrication, Inc., a steel fabricator and service provider to the industrial and energy sectors, today announced that its Chairman of the Board of Directors, Michael A. Flick, will retire effective upon the expiration of his current…
Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters…
Offshore drilling company COSL Drilling Europe has recently secured a contract for its COSLInnovator semi-submersible drilling rig, and the rig will start drilling for CNOOC Petroleum Europe Limited next month.The news was shared this week by…
Engineering firm, a major supplier to the oil industry, has decided to pay a regular dividend and buy back stock as it swung to a full-year profit in 2021 and its outlook improved, the company said on Thursday.Subsea 7 said it 'firmly' believed…
TerraSond announced plans to invest in a new base in Massachusetts as part of its commitment to support the Vineyard Wind 1 project and wider US offshore wind developments. The company, which already has facilities in Alaska and Texas, has been…
Britain's business secretary Kwasi Kwarteng said on Sunday he welcomed BP's decision to exit its 19.75% stake in Russian state-controlled oil firm Rosneft in the wake of Russia's invasion of Ukraine.'Russia's unprovoked invasion of Ukraine…
BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft in the wake of Russia's invasion of Ukraine, marking an abrupt and costly end to 30 at times fraught years operating in the oil-rich country.The British oil and gas giant did not say how it planned to exit its stake…
BASF, co-owner of Nord Stream 2 backer Wintershall Dea, said it was prepared to push through an initial public offering of the oil and gas business next year if its joint venture partner LetterOne upholds its opposition to the transaction.'Given…
Matthias Warnig, the chief executive of Nord Stream 2 AG who has been targeted by U.S. sanctions, is stepping down from the supervisory board of German soccer club FC Schalke 04, the club said on Twitter.It said Warnig had informed the club that he was resigning with immediate effect…
U.S. oilfield services and equipment giant Halliburton has appointed Earl Cummings and Tobi Young to its board of directors. The appointments went into effect on February 23, 2022, and both will stand for election by shareholders at the annual meeting on May 18…