Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Søren Kringelholt Nielsen has been appointed as the new CEO of Svanehøj Group, a Danish designer and manufacturer of specialized deep well and in-line pumps for the marine and oil and gas industries.The new cheif executive comes to Svanehøj from Hydratech Industries…
Scotland's Kishorn Port Ltd (KPL) said it will host the world's largest semi-submersible offshore drilling rig, the 60,800-metric-ton Ocean GreatWhite, for preparation work ahead of a drilling contract in the North Sea early in 2019.The Diamond…
The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…
French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter told Reuters, confirming a story in Challenges magazine.The complaint…
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1, 2019 Luc Vandenbulcke will succeed Alain Bernard as the company’s CEO…
Finalists for this year's Offshore Achievement Awards, hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, have been revealed today. The annual awards recognise the best talent, performance and innovation in the industry…
Wood Group has completed its 'transformational' US$2.7 billion acquisition of Amec Foster Wheeler. Image from Wood Group. Meanwhile, WorleyParsons has entered into a binding…
Wood Group has secured a US$6 million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, on the North West Shelf (NWS), offshore Western Australia. Effective immediately, Wood…
Materials development is pushing the boundaries of how things are currently done in oil and gas. Elaine Maslin looks at some of the research underway, including ‘smart’ materials that could potentially heal themselves, and additive manufacturing…
Wood Group has made changes to its executive leadership team. Andrew Stewart has been appointed chief executive officer (CEO) of the asset life cycle solutions (ALCS) business in the Western region and Michele McNichol has been appointed to the new role of executive president – integration…
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies…
Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
A redundant former oil and gas offshore structure fabrication yard on the west coast of Scotland is to be reinstated as a dry dock. Kishorn's drydock, one of the largest in Europe at 160m-diameter, built the 610,000-tonne, concrete Ninian complex support structure…