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.

CGG faces uncertainties to carry on 'as a going concern'

French geophysical services player CGG might be facing a going concern issue amid financial restructuring process ...

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Marco Polo Marine in refinancing & debt restructuring

Singapore’s Marco Polo Marine, an integrated marine logistics provider, has proposed refinancing and debt ...

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Farstad gains restructuring plan approval

Offshore service vessel provider Farstad Shipping on Friday gained support for its financial restructuring plan.  ...

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Boa Offshore in financial restructuring

Norwegian offshore services provider Boa Offshore has initiated a financial restructuring process due to ...

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Afren in restructuring talks. Shares nosedive

Afren plc, a struggling oil company focused on Africa and Middle East, has today said that in light of the ...

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AGR Group Announces Internal Restructuring, Norway

AGR Group Announces Internal Restructuring, Norway

Following the successful refinancing of AGR Group, the Group’s two business areas, Petroleum Services and Drilling ...

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USA: ConocoPhillips Announces New Appointments as Part ...

ConocoPhillips Announces New Appointments as Part of Future Restructuring

ConocoPhillips yesterday announced announced several future appointments to the  management teams of the two energy ...

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Russia: BP, AAR Agree on TNK-BP Management Restructuring

TNK-BP shareholders Alfa, Access, Renova (AAR) and BP have agreed a number of decisions regarding senior management ...

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Australia: Inpex Announces Ichthys Project Corporate ...

INPEX CORPORATION (INPEX) announced today that its affiliate INPEX BROWSE, LTD. (the Company), which has been ...

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