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Arnout Damen named CEO of Damen Shipyards

Dutch shipbuilder Damen Shipyards has appointed Arnout Damen as CEO. He will take over the position from René ...

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SeaBird CFO quits after 6 years in position

Norwegian seismic acquisition company SeaBird Exploration has said that its CFO Nils Haugestad has resigned and ...

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BP confirms 'world-class' resources off Mauritania & Senegal

Successful results of Yakaar-2 and Orca-1 wells could underpin future developments

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PTTEP reveals 5-year spending plan

Thailand's national oil and gas company PTTEP has set aside total expenditure of $4.6 billion for 2020 and a ...

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McDermott gets delisting warning from NYSE

McDermott has received a continued listing standard notice from the New York Stock Exchange.  

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Shell inks $10B loan in 'innovative deal' with 25 banks

Oil major Shell has signed a $10 billion revolving credit facility, which replaces Shell’s existing $8.84 billion ...

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FAR raising funds for Sangomar project

FAR Limited is raising funds for its share of the development capex for the Woodside-operated Sangomar oil field ...

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Kvaerner, Aker Solutions, Samsung to work on FPSOs

Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In ...

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Court to decide on Bourbon takeover offer this month

If the court were to favor an offer by a group of French banks it would lead to the liquidation of the listed ...

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Chevron to write down up to $11 billion

Chevron has announced that its organic capital and exploratory spending program for 2020 will be $20 billion, the ...

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Vår Energi doubles Norwegian output

Oil and gas company Vår Energi has completed the acquisition of ExxonMobil’s upstream business in Norway and ...

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Aker Energy boss resigns

Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting Chief Executive ...

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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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