OneSubsea boss to take up helm at Aibel
The current boss of OneSubsea will takeover as the chief executive of Aibel.
The current boss of OneSubsea will takeover as the chief executive of Aibel.
This footage shows the Maersk Highlander which is bound for Maersk's Culzean project in the North Sea.
Moller-Maersk has appointed the grandson of Maersk McKinney Moller - who transformed the family shipping business into an international conglomerate - as chief executive of the holding company behind the Danish giant.
The Chilean state oil company ENAP has struck a deal with ConocoPhillips to explore and eventually exploit gas deposits in the country's Magallanes region.
The Norwegian state's direct financial interest (SDFi) in oil and gas licences on the Norwegian Continental Shelf (NCS) has decreased by more than a third in the past two years as low oil prices have taken a toll.
A group of former Nigerian militants has called on the Niger Delta Avengers to join in discussions with the country's government.
Polarcus said it has received a Letter of Intent for a project in the Barents Sea.
SDX Energy has completed its seismic acquisition programme in the Nile Delta.
New business for Scotland’s private sector grew at an increased pace during May but workforce levels fell for the sixth consecutive month, according to a new report.
Labour leader Jeremy Corbyn warned that only continued EU membership would keep investment flowing into the struggling North Sea oil and gas sector on a visit to Aberdeen on Saturday.
Independent Oil and Gas (IOG) has signed a sale and purchase agreement with Verus Petroleum to acquire 100% of the shares of Oyster Petroleum.
Hugh Campbell was a North Sea pioneer.
Plexus Holdings said it has agreed the terms of a conditional placing to raise £6million by way of placing more than nine million new ordinary shares.
Antrim Energy said its subsidiary has received formal approval from the Irish department of Communications, Energy and Natural Resources of its application for its 100% working interest in the Frontier Exploration Licence.
Union Jack Oil said it has acquired a further 8.33% economic interest in an onshore asset in Lincolnshire.
Independent exploration and production company Trinity has agreed a further extension to the moratorium on principal repayments related to its outstanding debt.
Amec Foster Wheeler has won an award from Sasol for work on its liquefied natural gas project in Mozambique.
Oil majors Shell and Total are said to be considering building terminals and power plants in new markets.
With the collapse in oil prices over the past eighteen months, the major exploration and production companies have been doing everything they can to cut costs. Ultimately, this means the conglomerates have less cash available to pay suppliers, who provide them with essential services and products.
This footage shows a Bristow Sikorsky S-92 being flown over the North Sea. The fleet currently features more than 160 aircrafts of various types, which includes 75 Sikorsky S-92 aircraft in its consolidate fleet. These helicopters are operated in Europe, Africa, Asia Pacific and the Americas. Watch the stunning footage below.
The Norwegian oil fund has drawn up plans to protect its assets from extreme political events such as military invasion or coup.
It wasn't so long ago that some of the more famous investor gurus were shrugging off gold as nothing more than shiny trinkets with no investment value. They were wrong. This safe haven is back, the recovery is clear, and there have been some very big changes of heart.
Growing numbers of dual fuel customers are now with an independent provider rather than one of the Big Six, according to an energy markets consultancy.
Oil major BP has completed 70% of its work on the Khazzan gas field.
The Omani government plans to start tendering about five oil blocks in October this year.