Borr Drilling CEO speaks up on new drilling contract model

The driller is offering performance based drilling contracts to oil firms.

Oceanteam elects new CFO

Oceanteam, a Norwegian-Dutch offshore service provider, has elected the company’s new chief financial officer ...

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Balmoral Group buys stake in Ace Winches

Design, engineering, and manufacturing company Balmoral Group has taken a substantial stake in hydraulic winches ...

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Sparrows names UK and European head

UK’s offshore crane services specialist Sparrows Group has appointed the company’s new regional operations ...

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Ex-Chevron exec joins NOV as director

U.S. oilfield equipment provider National Oilwell Varco (NOV) has appointed a new member of the company’s board of ...

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Qinterra creates new global well service company

Qinterra Group’s North Sea well intervention specialist Altus Intervention and its international technology arm, ...

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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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