Norwegian oil firm building largest offshore wind farm

The world’s largest offshore wind farm development to be built 30 km east of the Yorkshire Coast in the UK North Sea.

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Kvaerner invests in more space to increase productivity

Kvaerner has bought more production and warehouse space, as well as office facilities as part of its strategy to ...

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Report: ExxonMobil looking to offload Gippsland assets

ExxonMobil is putting up for sale its ownership in the Gippsland Basin assets, offshore Australia.

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UK regulator to further probe Prosafe-Floatel merger

The UK Competition and Markets Authority will refer the proposed merger between Prosafe and Floatel to Phase 2, ...

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Ex-Siemens man joins Deep Down as new COO

Houston-based oilfield services company Deep Down has appointed a new chief operating officer (COO) of the company.

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Vaalco seeks London listing to support growth

Houston-based oil and gas company Vaalco Energy has revealed its intention to list on the main market of the London ...

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Kvaerner eyes growth in new business areas

Norwegian engineering and construction services company Kvaerner has established two new focus areas to grow its ...

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Noble Corp. CFO resigns

Senior vice president and chief financial officer (CFO) of offshore driller Noble Corporation has resigned from the ...

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New CEO to take the helm at Magseis Fairfield

Magseis Fairfield has appointed Carel Hooijkaas as Chief Executive Officer effective October 1, 2019, succeeding ...

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Tap Oil closes sale of Australian and New Zealand portfolio

Tap Oil has completed the sale and purchase agreement with Kensington Energy and has sold its residual Australian ...

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Providence in 'urgent need for additional working capital'

Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to ...

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OMV reappoints CEO and deputy chairman

Austrian oil company OMV has reappointed its chief executive officer (CEO) and deputy chairman to new terms in office.

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Mexican government to give $5 billion to Pemex to repay debt

Mexican state-owned oil and gas company Pemex will receive a contribution equivalent to $5 billion from the ...

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EnerMech picks new chief for Australasia

Mechanical and electrical services specialist EnerMech has appointed a new regional director for Australasia.

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Otto makes board changes to support GoM strategy

Australia-based oil and gas company Otto Energy has made changes to its board as part of a renewal process in ...

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Cahuzac to retire from position as Subsea 7 CEO

UK subsea engineering and construction services company Subsea 7 has informed that Jean Cahuzac will retire from ...

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Tap Oil divests Australia and New Zealand portfolio

Tap Oil has signed a sale and purchase agreement (SPA) with Kensington Energy, a privately-owned Australian oil and ...

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DeepOcean to split UK entity and create two new divisions

DeepOcean has decided to split DeepOcean UK into two entities, creating DeepOcean Subsea Cables and a new division ...

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NYSE pushes to delist Seadrill Partners. Driller to appeal

The New York Stock Exchange gas decided to suspend trading in securities of Seadrill Partners and has started ...

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Dolphin Drilling to set up HQ in Aberdeen

Following its recent financial restructuring, Dolphin Drilling is establishing its international headquarters in ...

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Report: Exxon selling Norwegian business for $4 billion

The company is reportedly leaving Norway after more than 125 years of operation there

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Oil majors in further push for CCS solutions

Equinor has, on behalf of the partners of the Northern Lights project, signed memoranda of understanding with seven ...

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CNOOC boosts profit in 1H 2019

CNOOC Limited has increased its oil and gas production by over 2 percent during the first half of the year and ...

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TGS puts together new executive team

Multi-client services provider TGS has put together a new executive team following its recent completion of ...

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Oceaneering to combine 7 locations into one

Subsea engineering and technology company Oceaneering has decided to streamline its Aberdeen operations by ...

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Moraeus Hanssen to leave Wintershall Dea

Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company on December 31, 2019 in order ...

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TechnipFMC to separate into two companies

The board of directors of oilfield services provider TechnipFMC has unanimously approved the company's plan to ...

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