Maersk Supply growing in Aberdeen

OSV owner working on becoming more than just a vessel supplier.

Total E&P UK head to retire after 38 years of service

Managing director of Total E&P UK will be retiring shortly after nearly forty years of working for the Total.

read more →

Proxy firm backs McDermott-CB&I merger

As the clock ticks on McDermott and CB&I merger, another firm has decided to weigh in on the proposed plan. 

read more →

Swire branching out with aviation company takeover

Swire Oilfield Services has made a strategic acquisition of Aberdeen-based specialist aviation service company ...

read more →

Bankruptcy court confirms Seadrill's reorganization plan

Seadrill's plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas.

read more →

Maersk Drilling puts focus on innovation

Maersk Drilling has named a chief commercial and innovation officer to lead its newly-established Commercial and ...

read more →

French oil major to buy electric utility firm

French oil major Total has decided to buy its compatriot electric utility company Direct Energie in a deal worth ...

read more →

BiFab saved as Scotland makes deal with Canadian firm

The future of the UK-based offshore fabrication company BiFab has been secured following a deal with a Canadian ...

read more →

Oceanteam gains backing for refinancing plan

Oceanteam has managed to obtain shareholder backing for its refinancing plan proposing to swap debt for equity. 

read more →

Tullow elects new chairperson

Tullow Oil has appointed an independent non-executive director and chair-designate of Tullow with effect from the ...

read more →

Petrofac names new chief information officer

Petrofac has appointed a new chief information officer (CIO) to the company’s management team.

read more →

Petrofac appoints new Americas business head

Oilfield services provider Petrofac has appointed a new president of its Americas business.

read more →

Petrobras in financing agreement for up to $400M

Petrobras has signed a financing agreement for up to $400 million as part of its four-year business plan. 

read more →

Vroon boss steps down amid restructuring

Vroon's managing director has decided to step down from his position just days after the company reached an ...

read more →

Norwegian operator buys more Faroe stake

Norwegian oil and gas operator DNO ASA has further increased its stake in UK-based Faroe Petroleum.

read more →

Oceanteam secures support from Halbesma family

Oceanteam has secured support from its founders and former top management, the Halbesma family, for its refinancing ...

read more →

New COO to manage Zenith's Australian ops

Aberdeen-based well management company, Zenith Energy, has appointed a chief operating officer at its Australian base.

read more →

Vroon sailing towards finalization of restructuring

Vroon has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring.

read more →

Japanese firm invests in Dutch pipe manufacturer

Japan's Sumitomo Corporation has acquired a significant shareholding in Airborne Oil & Gas (AOG), a manufacturer of ...

read more →

New vice president at Apache

Oil and gas company Apache Corporation has named a new vice president of treasury.

read more →

McDermott, CB&I find ways to save $250M

McDermott and CB&I have found ways to save $250 million ahead of its pending merger, including eliminating the ...

read more →

Two Maersk units set up decommissioning JV

Danish offshore driller Maersk Drilling and vessel provider Maersk Supply Service have established a joint venture ...

read more →

African Petroleum director resigns over health reasons

A non-executive director of independent oil and gas company African Petroleum has resigned from the board of directors.

read more →

Eni to spend over $1 billion a year on exploration

Italian oil company Eni expects its production to increase by 3.5% per year over the next four years.

read more →

Subsea 7 completes Siem cable lay business buy

Subsea 7 has completed the acquisition of Siem Offshore Contractors and two vessels from the Siem Offshore Group.

read more →

UK: OGA gets interim chair

UK’s Oil and Gas Authority has appointed an interim chairperson while the search for a permanent replacement is ...

read more →

New management team sets up at Magseis

The newly recruited chief financial officer (CFO) and senior vice president (SVP) have begun working for Magseis.

read more →

Energy XXI adds new board member

Houston-based Energy XXI Gulf Coast has appointed a new member to the company’s board of directors.

read more →