Algeria has definitely been excluded from Energean's pending acquisition of Edison E&P.The Greek oil and gas company in July last year agreed to buy Italy-based Edison's oil and gas subsidiary Edison Exploration & Production for an initial consideration of $750 million…
The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…
The Netherlands-based offshore services company Oceanteam has appointed a Henk van den IJssel as Chief Executive Officer.Van den IJssel, who has most recently served as CCO at DeepOcean, will take over as Oceanteam CEO on February 1. Oceanteam…
Italian oil group ENI's Chief Executive Claudio Descalzi could step down if he is found guilty by an Italian court of corruption in Nigeria, he told the Wall Street Journal.Descalzi is one of the defendants in a case over the alleged payment of bribes to facilitate a $1…
Swedish oil and gas company Lundin Petroleum is aiming to become carbon neutral by 2030. It has also proposed to lose the „petroleum“ part from its name, and replace it with „energy.“Announcing the launch of its Decarbonization Strategy on Monday…
Australian unions have negotiated permanent contracts for 70 percent of their members working for Monadelphous aboard Inpex facilities.'The Offshore Alliance and [Electrical Trades Union] negotiated Monadelphous INPEX facilities EBA [Enterprise…
The world’s largest LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s next generation offshore installation vessel Orion, this first such ship-to-ship bunker transfer at the Port of Rostock.Orion is currently at the Liebherr construction yard in the Port of Rostock…
New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…
Oilfield services company Stratagraph has appointed William A. Hagan as its new president and chief executive officer.Hagan was previously president at the Lafayette, La. based mud logging and pressure detection services company. He has performed roles in sales…
Nigerian oil company Lekoil has been given more time to find funds it needs to contribute for the drilling operation at the OPL 310 block in Nigeria, following a recent funding fiasco with unnamed scammers.Lekoil was required to pay Optimum Petroleum…
Oilfield services provider Baker Hughes Co missed analysts' estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors to liquefied natural gas (LNG) producers. Orders in the unit fell 10% year-over-year…
The global leader in offshore wind Ørsted becomes the first-ever energy company to top a index.The Denmark-based global power company has outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights'…
Harvey Gulf International Marine announced it has hired John Dunn as Vice President of Subsea Vessel Operations, as the US-based services firm looks to grow its subsea business.Dunn, formerly of Oceaneering, has been hired as a member of Harvey…
British oil major BP will appoint Murray Auchincloss as new CFO, as Brian Gilvary has decided to retire in June after eight years in position, and 34 years with the company. Auchincloss currently serves as CFO of BP’s Upstream segment and will take up the role of BP CFO and join the board on July 1…
Malaysian offshore vessel and rig owner Perisai Petroleum Teknologi is about to get delisted after Bursa Malaysia decided to dismiss the company's request to give it more time to get its business in order.Perisai, which provides vessels and rig to the local oil and gas industry…