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Keppel's offshore division bounces back to the black

Singapore's offshore rig builder Keppel Offshore & Marine bounced back to the black during the first quarter of ...

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Saipem returns to profit in 1Q 2019

Saipem returned to profit in the first quarter of 2019 from a loss in the prior-year period thanks to strong ...

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Chief financial officer of KrisEnergy resigns

Chief financial officer (CFO) of oil and gas company KrisEnergy has tendered his resignation to pursue other interests.

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Magnora CEO and CFO steps down

Chief executive officer (CEO) and chief financial officer (CFO) of Oslo-listed company Magnora has stepped down ...

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Deep Down adds fund managers to its board

Deep Down, a Houston-based specialist in deepwater oil and gas distribution equipment and services, has appointed ...

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Abu Dhabi pension fund invests $300M in ADNOC Oil Pipelines

Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF) will invest around $300 million into the recently formed ...

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Dolphin Drilling creditors to sell Bolette Dolphin drillship

Majority lenders in Oslo-listed offshore drilling contractor Dolphin Drilling's $2 billion loan are moving forward ...

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Chevron moves to buy Anadarko in $33 billion deal

Chevron has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the ...

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Africa Oil beefs up stake in Guyana-focused Eco

Canadian oil firm Africa Oil has beefed up its share in Eco Atlantic oil company currently preparing for a ...

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Acteon adds Benthic to portfolio

Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic.

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Delek to buy Shell's stake in U.S. Gulf of Mexico field

The transaction is likely to close by the end of the third quarter 2019, with an effective date of January 1, 2019. 

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KrisEnergy COO to leave in October

Chief operating officer of oil and gas company KrisEnergy has decided to resign from the company.

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BSM expands UK offshore team

Maritime services company Bernhard Schulte Shipmanagement (BSM) has expanded its specialist offshore team in BSM ...

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Israel Electric in Leviathan gas supply deal

Israel Electric Corporation has signed a short-term gas supply agreement with Noble Energy-operated consortium ...

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Teekay Offshore gets loan to pay for new shuttle tankers

Teekay Offshore Partners has secured a new $414 million long-term loan that will be used to finance four LNG-fueled ...

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WoodMac: TDC 1972 'strongest competitor among peers'

The newly-listed offshore driller The Drilling Company of 1972 (TDC 1972), ex-Maersk Drilling, is now considered ...

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KrisEnergy looking to increase credit facility 

Singapore's independent oil and gas company KrisEnergy is working to increase its revolving credit facility amid ...

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Norwegian OSV owners win work with Total, Ocean Installer

Norwegian offshore vessel owners Eidesvik and Havila have this week secured work for two of their vessels

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Rolls-Royce Commercial Marine becomes part of Kongsberg

Norway's Kongsberg Group has completed the purchase of Rolls-Royce Commercial Marine (RRCM).

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Yinson moves to acquire Singapore's Ezion

Malaysia's Yinson Holdings has decided to acquire Singapore's liftboat operator Ezion Holdings. 

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Oceanteam divests its stake in Mexican JV

FSV Icacos

Offshore support vessel provider Oceanteam has decided to divest its stake in a Mexican joint venture company to ...

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SBM Offshore denies withholding price sensitive information

Illustration only. An SBM Offshore FPSO in Brazil / Image source: SBM Offshore

Dutch FPSO supplier SBM Offshore might need to pay 2 million euros for not disclosing price sensitive information ...

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Saudi competition nod for Ensco-Rowan merger

Offshore drillers Ensco and Rowan Companies have received clearance from the General Authority for Competition in ...

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IOG slams RockRose's "exploitative" debt offer

Following RockRose's offer to buy the entire debt of its takeover target Independent Oil & Gas owed to London Oil ...

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PDi rakes in $2.6 million worth of contracts

Aberdeen-based subsea engineering specialist PDi Ltd, a Tattva Group Company, has announced expansion plans and ...

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Sapura Energy's 4Q result boosted by OMV deal

Malaysian company Sapura Energy has turned to profit in the fourth quarter ended January 31 (fiscal year 2019), ...

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RockRose tries to buy IOG's debt

UK-based oil and gas company RockRose has made a formal approach to acquire the entire debt of Independent Oil and ...

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