Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

Pacific Drilling shares suspended from trading on NYSE

Shares of the offshore rig owner Pacific Drilling have been suspended from trading on the New York Stock ...

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Seadrill enters restructuring deal to reduce debt

Indebted offshore driller Seadrill Limited has entered into a restructuring agreement with the majority of its ...

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IOG appoints new CFO

Independent Oil and Gas (IOG), a development and production focused oil and gas company, has elected a new chief ...

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Noble Corp. elects new board member

Offshore driller Noble Corporation has named a new member of the company’s board of directors, effective ...

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New CFO to join NAO in October

The newly appointed chief financial officer (CFO) of offshore shipping company Nordic American Offshore (NAO) will ...

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UK competition watchdog accepts Wood – Amec remedy

A merger between two UK oilfield services companies, Wood Group and Amec Foster Wheeler, is set to be complete next ...

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UTEC chooses business heads for Americas, Europe and Africa

UTEC, a global survey company in subsea services group Acteon, has elected three business unit directors across its ...

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Ashtead names UK regional head

Subsea equipment specialist Ashtead Technology has appointed a new UK regional director to its leadership team. ...

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BP presses on with pipeline assets IPO

BP’s subsidiary BP Midstream Partners has filed a registration statement with the U.S. Securities and ...

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Lamprell elects new chairman

Offshore rig builder Lamprell has appointed a new non-executive chairman of the company with effect from September ...

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Pacific Radiance in debt restructuring talks

Singapore-based offshore vessel operator Pacific Radiance has started debt restructuring talks with its bank ...

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Bourbon names new chief executive

French shipping company Bourbon Offshore has named a new CEO of the company as its current chief executive is ...

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Duo in offshore survey & inspection pact

Singapore-based M3 Marine Group and Indonesia’s PT ROV Inspeksi have transformed years of collaboration into a new ...

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Bourbon sinks deeper into the red

French shipping company Bourbon Offshore recorded a bigger loss in the first half of this year compared to the ...

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Nautilus Marine hires new managing director

Nautilus Marine Services PLC has announced the appointment of John Payne as a managing director. Nautilus, formerly ...

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ADES in new CFO appointment

ADES International Holding has named Ahmed El-Khatib as a chief financial officer (CFO) with immediate effect. ADES ...

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New member joins EnQuest board

EnQuest, a UK North Sea oil firm, has appointed a non-executive director to the company’s board with effect from ...

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Engie E&P boss joins DEA as CEO

DEA Deutsche Erdoel AG, an oil and gas company owned by LetterOne, has named Maria Moræus Hanssen as its new CEO ...

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Lloyd's Register names asset management & decom head

Lloyd’s Register (LR), an engineering, technical and business services organization, has appointed Steve ...

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McDermott adds SBM Offshore COO to its board

U.S.-based engineering, procurement, construction and installation company, McDermott International, has appointed ...

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Emas Offshore eyes $50M investment

Offshore services provider Emas Offshore has started restructuring process in Singapore and entered into an ...

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Pacific Drilling hit with NYSE delisting warning

Offshore driller Pacific Drilling has received notice from the New York Stock Exchange (NYSE) that the company is ...

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Borr ups stake in Atwood amid Ensco merger

Norway-based newcomer in the offshore drilling sector, Borr Drilling, has increased its stake in the U.S.-based ...

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Nabors to buy Robotic Drilling Systems

The shareholders of Robotic Drilling Systems (RDS) have entered into an agreement to sell all shares in RDS to ...

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Delek sees double in 2Q profit

Israel’s energy company Delek Group more than doubled its profit in the second quarter of 2017 compared to ...

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BW Offshore returns to black

FPSO provider BW Offshore went from red to black ink during the second quarter of 2017 despite decrease in ...

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Borr Drilling gains Oslo listing approval

Norwegian drilling contractor Borr Drilling has been given an approval for listing on the Oslo Stock Exchange (Oslo ...

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