EC-OG, developer of energy management and storage technologies for the energy industry, has appointed Bob Black as a non-executive director on its Board. He will act as the Board representative of EC-OG’s investors Par Equity.Bob has 30 years…
SBM Offshore, one of the world's largest suppliers of FPSO vessels for the offshore oil and gas industry, has been ordered to pay 7.0 million CHF (around USD 7.6 million) for bribery in the 2005 – 2012 period.A year ago, SBM Offshore said that…
Bonheur, a Norwegian holding company for the Olsen family, has established Fred. Olsen 1848, described as a company dedicated to developing technologies and solutions for the renewable energy industry.'In Fred. Olsen 1848 we are determined to act now…
3t Transform, a 3t Energy Group company, previously known as NeutronVR said Monday it had, in the past year, doubled turnover, launched several technology products, and secured 34 new global customers with plans for more growth by 2023. The…
State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…
The Business Network for Offshore Wind held its first Ventus Awards Gala on Thursday in Washington D.C.According to the organizers, the event brought together more than 200 people to celebrate the industry’s accomplishments, milestones, and the individuals…
Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…
Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday…
Engineering and construction company PD&MS Group has secured a contract to carry out modifications on Dana Petroleum's Triton and Western Isles FPSOs in the UK North Sea.The contract, of an undisclosed value, is expected to create up to 80 new jobs at its Aberdeen base…
UK-based offshore well plug and abandonment company Well-Safe Solutions has appointed Chris Hay as Director of Strategy and Business Development.'Chris brings over 16 years of energy industry experience to Well-Safe Solutions, with the majority…
About 300 employees working for Ponticelli UK and Semco Maritime aboard TotalEnergies' North Sea offshore facilities in the UK have voted in favor of a strike after a dispute over cuts to terms and conditions, Unite the union said Tuesday.Unite’s…
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…
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,…
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…
Oil major BP and Norway's Aker said on Thursday they have jointly sold a 5% stake in Norwegian oil firm Aker BP, cutting their combined holding in the company to 65%.The 18.01 million shares were sold at 310 crowns each, a 10.2% discount to Wednesday's close…
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