Higher oil prices alone can’t save OSV players

There is a long ride ahead for the offshore support vessel owners

Kosmos picks new chief exploration officer

Chief exploration officer and founding partner of offshore oil and gas explorer Kosmos Energy has decided to retire ...

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Eni's adjusted 4Q profit up 55pct. Full year output soars

Italian oil company Eni posted a 55 rise in adjusted net profit €1.46 billion in the fourth quarter of 2018, ...

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GMS chooses new CFO and non-executive director

UAE-based Gulf Marine Services has named a new chief financial officer and a non-executive director.

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Bristow calls off Columbia merger plan

Houston-based offshore helicopter operator Bristow Group and Columbia Helicopters have mutually agreed to terminate ...

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New CTO role at Proserv

Energy services company Proserv has promoted a new chief technology officer of Subsea Controls.

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MHWirth elects new chairman and CEO

Norwegian oil service investment company Akastor has appointed a new executive chairman and chief executive officer ...

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Carnarvon raising cash for Dorado drilling

Carnarvon Petroleum is raising cash to fund its part of the appraisal drilling cost at the world-class Dorado ...

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Kvaerner posts lower profit, but sees improved market ahead

Kvaerner recorded lower revenues and profit in the last quarter of 2018 from the year-before, but sees an improved ...

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Ampelmann expands Russia presence with new Sakhalin office

Ampelmann has opened a new office in Sakhalin, Russia, in a move to expand its presence in the local market.

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Vår Energi eyes new HQ in Norway

Vår Energi, a new, independent E&P company on the Norwegian continental shelf, is investing in new headquarters at ...

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Schlumberger names new COO

Oilfield services provider Schlumberger has appointed a new chief operating officer (COO) of the company.

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Aker Solutions profit surges in 4Q 2018

Aker Solutions recorded an increase in profit in the last quarter of 2018 from the same period in 2017 on the back ...

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Maersk Drilling sees signs of continued recovery

Maersk Drilling is seeing signs of continued recovery in the offshore drilling market. 

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Higher oil and gas output lifts Total profit

French oil and gas company Total booked an increase in the fourth quarter 2018 profit driven by higher oil and gas ...

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WellConnection marks entry into UK market

WellConnection Group, a Norwegian inspection, maintenance, and repair company, has acquired Peterhead-based ...

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Proserv divests Scotland-based specialty machining business

Proserv, a controls technology company, has sold its Coatbridge, Scotland-based speciality machining business, ...

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Aker BP profit jumps on higher production

Aker BP saw an increase in fourth quarter 2018 profit driven by higher production and revenues.

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Equinor profit up on higher prices

Equinor recorded an increase in profit during the fourth quarter of 2018 compared to the year earlier period helped ...

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Airborne Oil & Gas elects new VP in Brazil

Thermoplastic composite pipe manufacturer Airborne Oil & Gas has named a new vice president of its Brazilian operations.

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Prosafe sinks to loss despite highest utilization since 2015

Prosafe sank to the red in the fourth quarter of 2018 despite the highest quarterly fleet utilization since the ...

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New CFO appointed as Chevron shuffles leadership roles

U.S. oil major Chevron has made several senior leadership changes including the appointment of a new chief ...

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i-Tech increases Houston workforce

i-Tech Services has hired 13 new people in Houston following the award of several new contracts in the Gulf of Mexico.

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Babcock names new director of UK offshore business

UK-based support services company Babcock has appointed a new director of its UK offshore business.

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Chevron profit, production up in 4Q 2018

Chevron logo; Image by: Tony Webster; Source: Flickr – under the CC BY-SA 2.0 license (image is cropped)

Chevron has reported an increase in earnings for the fourth quarter 2018, posting a net income of $3.7 billion, up ...

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BP supports shareholder resolution on climate change reports

BP Chairman Helge Lund / Image source: BP

The resolution calls for BP to describe how company strategy is consistent with Paris goals

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Petrobras pays $682M as part of 2018 bribery settlement

Brazilian oil major Petrobras has said it has paid $682.6 million as part of the non-prosecution settlements ...

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Anadarko sells Mozambique gas to CNOOC

U.S. oil and gas company Anadarko has signed a gas sale and purchase agreement (SPA) with CNOOC Gas and Power ...

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