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Woodside targets higher output in 2020

Australian energy giant Woodside saw its sales revenues in the last quarter of 2019 decrease when compared to the ...

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Telford restructures balance sheet

Telford Offshore has restructured its balance sheet and boosted its order book, providing a more stable platform ...

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BW Energy IPO slated for first quarter of 2020

Norwegian FPSO operator BW Offshore is targeting 1Q 2020 for the IPO and listing of its 68.6% owned exploration and ...

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Prosafe misses final payment to Cosco

Prosafe has missed its final payment to China's Cosco shipyard for the Safe Notos flotel amid talks with lenders ...

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CEO of MMA Offshore takes on combined role

Australian offshore support vessel company MMA Offshore has confirmed the appointment of a new managing director of ...

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ADNOC targets 25 pct decrease in greenhouse gas emissions

UAE’s ADNOC has revealed plans to decrease its greenhouse gas emissions intensity by 25 percent by 2030 as ...

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CNOOC sets 2020 capex at $13.7 billion

China's CNOOC Limited has said that its capital expenditure for 2020 is budgeted at up to $13.7 billion as the ...

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ADNOC on track to boost oil production to 4 million bpd

UAE's oil and gas company ADNOC is on track to increase its crude oil production capacity to four million barrels ...

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Zenith passes major hurdle in acquisition of AAOG Congo

Shareholders of Anglo African Oil & Gas (AAOG) have approved the sale of an 80 percent stake in its subsidiary ...

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TGS inks deal with Google Cloud, names new SVP of imaging

Norwegian seismic player TGS has named a new senior vice president of imaging and signed an agreement with Google ...

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Ex-Equinor man to join OKEA

OKEA has named a new Senior Vice President of Project and Technology.

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New boss takes the helm at Providence

Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.

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Mammoet closes ALE acquisition

Dutch heavy lifting and transportation company Mammoet has created the ‘largest global provider of engineered heavy ...

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New chief financial officer named at Cluff

UK-based company Cluff Natural Resources (CLNR) has appointed a new chief financial officer (CFO) of the company.

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Bourbon COO changes roles

COO of French vessel owner Bourbon Corporation has resigned from his role following the sale of the company's ...

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Creditor opposes Premier's plans

Premier Oil's largest creditor is opposing the oil company's plan to extend its debt maturity and acquire UK North ...

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New boss to take the helm at Ocean Installer

Ocean Installer has appointed Odd Strømsnes as the company’s new chief executive officer.

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UK's oil and gas regulator makes three new appointments

UK's oil and gas industry regulator, Oil and Gas Authority (OGA), has made three new appointments to its leadership ...

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Equinor plans to cut emissions in Norway to near zero

Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated ...

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Zenith to provide loan to AAOG for Congo asset

Zenith Energy has reached an agreement to provide a secured loan facility to Anglo African Oil & Gas (AAOG) for a ...

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BPC creates fund for Bahamian investors

Bahamas Petroleum Company (BPC) has incorporated a Bahamas-based mutual investment fund with the aim of owning BPC ...

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Lekoil makes two additions to board of directors

Nigerian oil company Lekoil has appointed two new non-executive directors, with immediate effect.

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SBM Offshore riding the FPSO renaissance wave

In surfing, reading the environment and anticipating a wave from a small lump on the horizon can be difficult, but ...

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Prosafe, Floatel agree extension of share purchase agreement

Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed ...

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New boss takes over at Subsea 7

Subsea 7 has made changes to its executive management team, effective from January 1, 2020, including a new CEO. 

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Fugro to become sole owner of Seabed Geosolutions

Dutch geophysical services provider Fugro has entered into an agreement to acquire CGG’s 40 percent shareholding in ...

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Popular news December 23 - 29, 2019

Shell in large Australia discovery, Exxon finds more oil fires up Liza FPSO in Guyana, Allseas drops Nord Stream 2

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