API’s IM standards boost offshore safety

API is continuing to lead the way on safety

BP to take up to $3B charge as result of divestment program

Oil major BP now expects to deliver divestment proceeds and announced transactions totalling around $10 billion by ...

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New director general for Norwegian petroleum regulator

The King in Council named a new director general of the Norwegian Petroleum Directorate on Friday, October 11.

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Solo Oil enters North Sea

UK-based Solo Oil has made an agreement with ONE-Dyas to acquire a package of its non-operated interests in natural ...

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Bourbon gets takeover offer

Struggling French offshore vessel owner Bourbon has received an offer for the takeover of its assets and activities. 

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SBM Offshore closes Brazil legacy case

Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery ...

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Kotug, Horizon Maritime establish Canadian JV company

Towage operator Kotug International and Horizon Maritime have formed a joint venture company which will offer ...

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DOF Subsea finds itself in challenging position

Norwegian subsea service business DOF Subsea has found itself in a challenging financial position as a result of ...

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Bristow set to emerge from Chapter 11

Offshore helicopter operator Bristow Group expects to emerge from Chapter 11 by the end of the month following a ...

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Ex-Schlumberger CEO formally becomes Borr Drilling chairman

Former CEO of Schlumberger Paal Kibsgaard has been formally appointed as the new chairman of the offshore drilling ...

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Neptune Energy promotes new VP of operations for Europe

Oil and gas company Neptune Energy has appointed a new vice president of operations for Europe.

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Fugro names new group director for Europe and Africa

Dutch offshore services firm Fugro has appointed a new group director for Europe and Africa.

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PGS in 'significant increase of project activity'

ramform tethys

Norwegian seismic services company PGS will operate eight vessels over the winter season amid a significant ...

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Wintershall Dea agrees on job cuts with unions

Following a merger between Wintershall and DEA into a new entity named Wintershall Dea, the German oil and gas ...

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U.S. DOJ: Eni investigation not closed for lack of evidence

Following Eni's statement last Tuesday about the U.S. Department of Justice's closure of investigation into the ...

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Rystad: BP and Shell on opposite sides of M&A ranking

European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil ...

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Subsea 7 buys out Norway's 4Subsea

Norwegian technology and services provider 4Subsea has been acquired by UK's subsea engineering and construction ...

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RPS expands with seismic software services consultancy buy

Global services company RPS has expanded with an acquisition of UK software and technology consultancy Reservoir ...

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U.S. DOJ closes Eni investigation

Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its ...

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Providence free to pursue other partners for Barryroe

Following months of delays and several extensions, Irish Providence Resources has not received any funds from APEC ...

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ConocoPhillips closes sale of UK business to Chrysaor

ConocoPhillips has completed its previously announced transaction to sell two ConocoPhillips United Kingdom ...

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Eni CEO denies conflict of interest allegations

Claudio Descalzi, CEO of Italian oil company Eni, is under investigation for a potential conflict of interest with ...

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ExxonMobil sells Norway offshore fields to Vår Energi

ExxonMobil has agreed to sell its offshore oil field interests in Norway to Vår Energy for $4.5 billion

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Report: Wintershall Dea mulls withdrawal from Libya

German oil and gas giant Wintershall Dea is reportedly thinking about withdrawing from Libya, where it has been ...

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'Equinor's wind project gives hope to service industry'

Equinor’s big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said ...

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IOG raises nearly $110M, releases Maersk rig

Independent Oil and Gas (IOG) has confirmed that a settlement of its EUR 100 million ($109.7M) five-year senior ...

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Mocean to commercialize wave power tech for ROV, AUV use

Wave energy firm Mocean Energy has set up a base in Aberdeen to commercialize its Seabase technology for use in the ...

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Aurelius finances Ardent's buyout

Alternative direct lender Aurelius Finance Company has provided financing to support the buy-out of global ...

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