Deepwater Teekay Offshore increase FPSO fleet in $204million deal
Oil service provider Teekay Offshore Partners said today it had bought a 50% share in a production vessel from parent Teekay Corporation for around $204 million.
Oil service provider Teekay Offshore Partners said today it had bought a 50% share in a production vessel from parent Teekay Corporation for around $204 million.
North Sea-focused oil and gas company Ithaca Energy said today it had appointed Mr Jannik Lindaek as a non-executive director of the Calgary-based firm.
Wood Group’s new chief has explained his ambition of championing a new set of values across the group’s global spread of companies.
Oil and gas firm Enegi yesterday said it had agreed a joint venture with project partner Advanced Buoy Technology (ABT) to develop difficult to access oil reserves.
Energy firm E.ON’s upstream division said today it had agreed to buy a 25% in GDF Suez’s Austen field in the central North Sea for an undisclosed sum.
Eden Energy said today it will sell its entire UK coal seam methane and shale gas portfolio to UK-firm Shale Energy for £10million.
Energy service firm Bibby Offshore yesterday said it planned to employ more than 100 extra people at its new Westhill headquarters in the next few years.
Twelve crew members are missing after a tug boat working for Chevron sank on Sunday due to rough seas off the coast of Nigeria.
Solar panel maker SolarWorld said today it had made an operating loss of £31million in the first three months of the year, as severe winter weather hurt demand in its home market Germany.
Oil and gas firm Statoil has said investment in developing gas reserves in the Bjarmeland Platform area of the central Barents Sea could reach £7.4billion (65billion crowns).
Norwegian drilling major Seadrill is looking to a strong second quarter after its $713 million core earnings beat market expectations
Statoil said today it had found between 18-33 million barrels of recoverable oil in the Grane area of the Norwegian North Sea.
The Institute Energy Agency (IEA) said today the global energy supply is not getting cleaner, despite efforts to advance clean energy.
Norwegian rig builder Standard Drilling has said it has sold the last of its jack-up drilling rigs for £147million ($223million) to Malaysia's UMW Rig Asset group.
Leaders in Europe and China are trying to cool the growing trade row over EU tariffs on imported Chinese solar panels.
Oil and gas giant Shell today said it plans to invest £20billion in Australia over the next five years, as its over-budget Arrow project is offered a refinery deal.
French power-generation and transport firm Alstom has stepped up trials of a tidal device at the European Marine Energy Centre (Emec) in Orkney.
A 140 turbine offshore wind farm off the coast of Suffolk has been given the go-ahead by the UK Government today.
Oil service giant Aker Solutions said today it had started construction of a new manufacturing plant in Brazil, which will "double" its production capacity in the country.
Brazil said yesterday it plans to sell the right to explore and develop its largest-ever offshore oil discovery this October.
Oil and gas firm Petroceltic said today it would abandon a gas exploration well off the Bulgarian coast.
A Chinese owned company said today it wants to buy more North Sea assets this year.
BP said today it had found a "significant" condensate discovery off the eastern coast of India.
Planning and licensing issues are some of the main challenges to the future growth of Scotland's offshore wind sector according to an industry report.
The UK's largest renewable-energy show finished yesterday at the Aberdeen Exhibition and Conference Centre, with attendance expected to break last year's record number of more than 8,000 people.