OEEC: Celebrating 10 years of Offshore Energy

Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors

GulfMark emerges from chapter 11 bankruptcy

GulfMark Offshore has completed its financial restructuring plan and emerged from bankruptcy protection under ...

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DOF Subsea books smaller profit

DOF Subsea recorded a decrease in its third quarter 2017 profit when compared to the last year's performance ...

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TWMA CEO moves to president role. New chief executive named

CEO of drilling waste management services specialist TWMA has stepped down from his position to become TWMA ...

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GMB Union to fight for cash-strapped BiFab

GMB Union to fight for cash-strapped BiFab

Burntisland Fabrications (BiFab), a UK-based fabrication company building facilities for offshore energy ...

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Aquaterra Energy picks new financial director

Aquaterra Energy, a global offshore engineering solutions provider, has appointed a new financial director as the ...

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Shell sheds more Woodside shares

Following a decision earlier on Monday to sell part of its stake in Woodside, oil major Shell has now decided to ...

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CGG shareholders approve restructuring plan

CGG's shareholders have approved all the resolutions required to implement the company's financial restructuring plan.

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ION makes well with NYSE

ION Geophysical has regained compliance with the NYSE's share price continued listing standards. 

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CGG posts $124M loss as the clock ticks on restructuring

CGG recorded a net loss of $124.4 million for 3Q 2017 on revenues of $320 million amid its financial restructuring ...

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Shell sells part of its Woodside stake

Shell has made an agreement to sell part of its stake in Woodside Petroleum to equity investors for $1.7 billion.

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MMA Offshore in new CFO appointment

Australia-based marine services provider MMA Offshore has appointed David Cavanagh as its chief financial officer ...

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KrisEnergy revenues fall on lower sales

KrisEnergy reduced its net loss year over year while experiencing a 12.2% drop in revenues as lower sales volumes ...

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Songa swings to loss

Songa Offshore's revenues dropped due to lack of contribution from two stacked rigs. 

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Erin Energy narrows 3Q loss

Erin Energy saw its net loss shrink and revenues grow during the third quarter of the year pushed up by crude sales ...

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Archer chairman resigns

The chairman of offshore services provider Archer Limited, Ørjan Svanevik, has resigned from the company’s board of ...

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ConocoPhillips to spend $5.5B per year in next three years

Oil and gas major ConocoPhillips will spend $5.5 billion a year in the next three years as long as oil prices ...

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GeoSea becomes majority owner of G-tec

GeoSea, the geotechnical and offshore solutions specialist of the DEME Group, has acquired the majority of G-tec ...

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Simmons Edeco opens first base in Denmark

Oilfield services provider Simmons Edeco has opened its first base of operations in Denmark.

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More red ink for Maersk Supply

Maersk Supply Service plans to sell another five vessels in the coming period. 

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Vantage Drilling revenues jump in 3Q

Vantage Drilling recorded an increase in its third quarter 2017 revenues while its net loss was almost the same as ...

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Court reschedules CGG's restructuring plan review

A court in Paris has rescheduled a hearing date to examine CGG’s request for sanctioning of its draft safeguard ...

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Impairments drag Maersk Drilling to the red

Danish offshore driller Maersk Drilling booked a loss for the third quarter 2017 compared to a profit in the ...

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Nabors-Tesco deal obtains anti-trust clearance

Nabors Industries and oilfield services company Tesco Corporation have received approvals for the previously ...

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Repsol Sinopec extends FPSO Bleo Holm charter

FPSO operator Bluewater has received a one-year contract extension for its unit operating in the UK. 

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Basalt takes over North Star from Craig Group

Basalt Infrastructure Partners has completed the acquisition of the 100 percent interest in offshore vessel owner ...

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Kosmos Energy posts 3Q loss

Kosmos Energy on Monday reported a net loss of $63.4 million for the third quarter of the year, on revenues of ...

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Aje field partners bury the hatchet

Pan Petroleum Aje Limited (PPAL), subsidiary of London-based E&P company Panoro Energy, has entered into a ...

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