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Schlumberger CFO to step down

Schlumberger has informed that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down ...

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Tullow shares tank as CEO and head of exploration exit

Shares in oil and gas company Tullow Oil tanked on Monday morning after the company announced the departure of its ...

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Two companies join forces to form new UAE-based player

Ali & Sons Marine Engineering Factory (ASMEF), the UAE-based company catering to the marine and oil & gas ...

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Investor pushes for Valaris shareholders meeting

Luminus, the largest shareholder of offshore drilling contractor Valaris, has decided to call a meeting of ...

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Providence Resources boss quits

Providence Resources CEO Tony O’Reilly has stepped down from the position and has resigned from the board and all ...

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EMGS CFO steps down to join Norwegian media group

Chief financial officer of Norwegian offshore survey company Electromagnetic Geoservices (EMGS) has opted to resign ...

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Motive Offshore forms flowline arm following Pumptech buy

Marine equipment fabrication specialist Motive Offshore has completed the acquisition of Stavanger-based Pumptech ...

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McDermott shares soar after gaining access to financing

U.S. engineering and construction services company McDermott has gained access to $350 million in financing under ...

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Havyard chief executive officer leaves

Chief executive officer of Norwegian shipbuilder Havyard has agreed to a mutual termination of his employment contract.

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Northern Drilling sees demand visibility improving

Northern Drilling is seeing an improvement in demand visibility for the harsh environment drilling rigs, which is ...

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Longboat shares start trading on London market

Shares in Longboat Energy, a new North Sea player created by the former management team of Faroe Petroleum, started ...

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Delek CEO to resign at year-end

The current CEO of Israel’s Delek Group has decided to retire from the company after serving in various functions ...

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Wintershall Dea sees production growth, chops capex

German oil and gas company Wintershall Dea boosted its production during the third quarter of 2019 and increased ...

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Cairn sells Norwegian subsidiary

Cairn Energy has entered into an agreement to dispose of the entire share capital of Capricorn Norge, the company’s ...

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EnerMech names new CEO

Mechanical and electrical services specialist EnerMech has appointed a new chief executive officer (CEO) of the company.

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One-Dyas agrees Kowe terms with Gabon

The Dutch oil and gas firm ONE-Dyas has concluded its negotiations with the Gabonese authorities to extend its ...

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Akastor investment manager to take on CFO role next year

Norway’s oil-services investment company Akastor has named a new chief financial officer of the company.

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Hibiscus selects FPSO concept for Marigold

Malaysia's Hibiscus Petroleum has selected an FPSO concept for the development of the Marigold cluster located in ...

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EU approves ExxonMobil-Vår Energi $4.5B Norway deal

ExxonMobil's sale of assets in Norway to Var Energi has received approval from the European Commission under the EU ...

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MMA Offshore: OSV oversupply overstated

Oversupply of offshore vessels in the market is overstated, and the market is tightening, Australian OSV player MMA ...

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Billionaire Fredriksen steps down as Seadrill Chairman

"My close involvement and strong support of Seadrill will remain unchanged."

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Petrobras to become world’s largest oil producer by 2030?

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, ...

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Cash offer for Singapore's POSH formally launched

Quetzal Capital has now formally launched its voluntary conditional cash offer for Singapore’s offshore support ...

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CNOOC elects new chief executive officer

Oil and natural gas producer CNOOC has promoted its executive director and president to the position of the chief ...

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Saipem-Subsea 7 to be fourth-largest oilfield service firm?

Norway's Rystad Energy said the deal between Saipem and Subsea 7 would create the fourth-largest oilfield service ...

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Ex-McDermott man becomes Gulf Island Fabrication CEO

U.S. offshore facilities fabrication company Gulf Island Fabrication has named a new president and chief executive ...

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Company trio forms offshore vessel operating joint venture

Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a joint venture agreement with ...

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