Sirius Petroleum adds Precision to portfolio

Sirius Petroleum has signed a sale and purchase agreement to acquire a 75% stake in Precision Energy Tetra 109 from PEG.

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Solstad asking for suspension on debt payments

Solstad Offshore has scheduled a bondholders' meeting to ask their consent for temporary suspension and deferral of ...

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Maersk Supply Service chooses new CFO

Danish offshore shipowner Maersk Supply Service (MSS) has elected a new chief financial officer of the company.

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Chevron elects new board member

U.S. oil major Chevron has elected a new member of the company’s board of directors.

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James Fisher CEO to retire after 15 years in the role

Chief executive officer (CEO) of marine and oil and gas services provider James Fisher and Sons has decided to ...

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Kreuz Subsea names first independent non-exec director

Subsea services company Kreuz Subsea has appointed the company’s first independent non-executive director.

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Wood picks new president for strategy and development

Oilfield services provider Wood has appointed a new executive president for strategy and development.

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Shareholders say 'yes' to $2.7B Transocean-Ocean Rig merger

Ocean Rig's Leiv Eiriksson semi-sub / Image by Lundin Petroleum

Offshore drilling companies Transocean and Ocean Rig have informed that their respective shareholders have voted in ...

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Husky promotes acting CFO to permanent position

Canada’s Husky Energy has promoted its acting chief financial officer to a permanent CFO position in the company.

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KNOT Offshore CEO to step down next year

The CEO and CFO of KNOT Offshore Partners (KNOP) has decided to step down from his roles in the company.

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Trinity adds new senior director

Independent E&P company Trinity Exploration & Production has appointed a new senior independent non-executive director.

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Faroe urges shareholders to reject DNO's takeover offer

Following an unsolicited takeover offer launched by DNO, oil company Faroe Petroleum has said that DNO's ...

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Santos wraps up $2.15B Quadrant Energy acquisition

Australia's Santos has announced it has completed the acquisition of its compatriot rival Quadrant Energy, paying ...

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Saudi Aramco makes it rain for suppliers

Saudi Arabian oil and gas giant Saudi Aramco has said it has this week signed $27.5 billion worth of deals with ...

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NAO, Horizon Maritime abandon merger talks

Merger talks between Bermuda-based and NYSE-listed Nordic American Offshore (NAO) and Canada’s Horizon Maritime ...

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DNO launches hostile takeover bid for Faroe Petroleum

Norwegian oil and gas operator DNO has launched a takeover bid for Faroe Petroleum, an oil company focused on the ...

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Xodus names new decom lead

Xodus Group, a provider of engineering and advisory support for the oil and gas industry, has appointed a new lead ...

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Eidesvik sees challenging PSV market during winter

Eidesvik Offshore expects a challenging market for platform supply vessels this winter but sees an improvement ...

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Fred. Olsen Energy risks bankruptcy

Fred. Olsen Energy (FOE) might be facing bankruptcy if no solution is found to its refinancing, which is being ...

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Bergen Group to change name after merger with Endúr

Norwegian industrial group Bergen Group plans to change its name upon completion of the merger process with ...

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Heerema to sell two yards amid poor project volume

Heerema Fabrication Group intends to divest a significant part of its activities in the field of design and ...

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Pacific Drilling emerges from bankruptcy

Offshore driller Pacific Drilling and certain of its affiliated chapter 11 debtors have emerged from bankruptcy ...

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Ineos in talks to buy ConocoPhillips' North Sea fields

The UK-based oil and gas company Ineos is in exclusive talks with ConocoPhillips to buy the U.S. company’s UK North ...

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Petrobras lines up replacement as current CEO plans to leave

Brazilian oil company Petrobras has confirmed media reports that its chief executive officer (CEO) will be leaving ...

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Spectrum CFO to resign. Replacement named

Chief financial officer of seismic data specialist Spectrum has chosen to resign from the company.

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ROVOP elects new non-executive director

UK-based ROVOP, a provider of underwater remotely operated vehicles (ROVs), has appointed a new non-executive director.

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Tidewater and GulfMark complete merger

Houston-based offshore support vessel owner Tidewater has completed its business combination with its compatriot ...

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