The Crown Estate for England, Wales, and Northern Ireland said Monday said Tuesday it had identified, and released a map of five broad ‘Areas of Search’ for the development of 4GW of floating offshore wind in the Celtic Sea by 2035.'These areas…
Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said.Maritime authorities of the southern province…
The U.S. Coast Guard rescued nine people Thursday from a burning jack-up drilling rig near Sabine Pass, Texas.Coast Guard Sector Houston-Galveston watchstanders received a notification at 12:51 p.m. from the dredging vessel Ohio that the Pride…
On April 20, 2010, the offshore oil rig Deepwater Horizon exploded, burned, sank in the Gulf of Mexico and terrified the world. This horrific accident — recorded as the largest oil spill in history — killed 11 workers and released 210 million gallons of crude oil into the ocean…
UK oil and gas industry regulator Oil and Gas Authority is set to start a search for a new CEO, as the current CEO Andy Samuel is expected to step down in December 2022.OGA said: 'As has been long agreed Andy Samuel will be stepping down as…
Australian gas producer Santos Ltd booked record sales revenue for 2021, pumped up by soaring oil and gas prices, and expects to reap big gains following its $6.2 billion takeover of Oil Search amid a surging energy market.After approaching Oil Search with an offer in the middle of last year…
Australian oil and gas company Santos has informed that the merger of Santos and Oil Search has been implemented.Santos has acquired 100 percent of the issued capital in Oil Search from Oil Search shareholders. Oil Search shareholders have been issued 0…
Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…
Papua New Guinea-focussed Oil Search Ltd said on Tuesday its A$8.8 billion ($6.21 billion) buyout by Santos Ltd received overwhelming support from its shareholders, getting over 95% votes in favor of the deal.Shares of Oil Search rose as much as 3…
Oil Search shareholders are set to vote on Dec. 7 on a merger with Santos Ltd after gaining approval from a Papua New Guinea court and a mixed endorsement from an independent expert.If it goes ahead, the A$8.8 billion ($6.5 billion) takeover…
Australian offshore vessel operator MMA Offshore has secured a contract with Oil Search Limited in Papua New Guinea.The contract is for the provision of diving inspection services. 'The works will leverage the successful working relationship between MMA and Oil Search…
Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover could harm national interests.The deal will make…
Oil Search Ltd will need billions of dollars to fund its growth plans, and tying up with Santos Ltd to create a A$20 billion ($14 billion) company will give it the access to capital that it needs, its boss said on Tuesday.Oil Search agreed to…
Santos Ltd expects its planned takeover of Oil Search, creating a A$20 billion ($15 billion) company, will help the combined group weather the energy transition better than if they remained separate.The companies agreed an all-scrip deal earlier…
Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion ($6.2 billion), in a deal that would create a top-20 global oil and gas company.The merged group would own oil and gas assets in Australia…
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