Santos names new board member

Australian oil and gas company Santos has appointed a new independent non-executive director to its board of ...

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Petrofac suspends COO amid fraud probe

UK oilfield services company Petrofac has suspended its chief operating officer as a response to an investigation ...

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Ex-Maersk Supply COO becomes Esvagt UK head

Danish shipowner Esvagt has named Claus T. Sørensen to the position of managing director for the UK. Esvagt said on ...

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Seadrill makes headway with restructuring plans

Offshore driller Seadrill has said it has made progress with its restructuring plans which may involve Chapter 11 ...

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Seadrill promotes CCO to CEO role

Offshore drilling contractor Seadrill has appointed a new chief executive officer of the company, effective July 1, ...

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Sevan Marine cuts quarterly loss

Sevan Marine, a Norwegian provider of cylinder platform design, narrowed its net loss during the first quarter of ...

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Impairments drag Vallianz into red

Singapore’s Vallianz Holdings, a provider of offshore support vessels and  integrated marine solutions, ...

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Tidewater gets 'relief' from court

U.S. offshore support vessel owner Tidewater has received a court approval of first day motions to continue normal ...

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Former Chevron president joins BP board

British oil giant BP elected a new non-executive director at the company’s annual general meeting (AGM) on May 17. ...

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Erin Energy fills CEO position

Oil and gas company Erin Energy has named a new chief executive officer (CEO) and a new chairman of the board ...

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Halliburton president transitions into CEO role

Halliburton, a Houston-based oilfield services company, has unanimously elected Jeff Miller, the company’s ...

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Paragon files for administration in UK

Drilling contractor Paragon Offshore has filed an application for administration in the United Kingdom to advance ...

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GulfMark prepares for bankruptcy

U.S.-based offshore support vessel owner GulfMark Offshore has reached an agreement with certain noteholders on a ...

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Deep Down returns to profit

Houston-based oilfield services company Deep Down went from red to black during the first quarter of 2017 compared ...

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Eidesvik: Challenging market for supply vessels lingers on

Eidesvik Offshore, a Norwegian owner of offshore support and construction vessels, sees no improvement in the ...

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Odebrecht gets new CEO

Brazilian engineering company Odebrecht has named a new chief executive officer following a corruption case plea ...

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Siem's head of chartering takes up CEO role

International offshore vessel owner Siem Offshore has named its head of chartering as the new chief executive. Siem ...

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Bibby Offshore boosts renewables business

Bibby Offshore a UK-based subsea services provider to the oil and gas industry, is beefing up its involvement in ...

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Providence adds Tullow director to its board

Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board ...

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CGG seeks stakeholder support amid financial restructuring

French geophysical services company CGG is seeking stakeholder support for its financial restructuring proposal as ...

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DOF Subsea mulls Oslo listing

Norwegian subsea services provider DOF Subsea and its shareholders, DOF ASA owning 51% and a fund managed by First ...

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North Sea rig use to reach historic low in 2017

Drilling contractor Songa Offshore posted a smaller profit for the first quarter of the year despite increase in ...

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More scrapping needed for accommodation market recovery

Further scrapping and industry restructuring, in addition to activity increase, will be needed for the offshore ...

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Anadarko names EVP for international & deepwater ops

U.S. oil and gas company Anadarko has made several changes to the company’s leadership. Anadarko said on Wednesday ...

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Oil price recovery brings Eni back to profit

Italian oil company Eni returned to profit during the first quarter of 2017, versus a loss in the year-before ...

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Cobalt sinks deeper into red

American oil company Cobalt International Energy sank deeper into the red during the first quarter of this year due ...

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Atwood scraps semi-sub as red ink spills

Offshore drilling contractor Atwood Oceanics has sold one of its semi-submersible drilling rigs for scrap after ...

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