SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments. Furthermore, the United States…
Scorpio Tankers Inc. announced today that it has declared a quarterly dividend of $0.12 per share, reflecting an increase of 20% over the previous quarterly dividend, has entered into an agreement to purchase two newbuilding LR2 product tankers…
Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014…
Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…
As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.Alexey Miller…
Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry is delighted to announce that, last Wednesday 5 November, the Group was declared as a winner at the…
A new resource developed to help people source accurate information about the UK oil and gas sector has been unveiled in Aberdeen. HM Government’s Industrial Strategy, launched in 2013 to deliver long-term plans to secure jobs and growth in the UK’s key economic sectors…
Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…
BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.Coreflooding is one of the most…
Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…
Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…
Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…
Drilling Services of America (DSA), the complete thru-tubing specialist, has added Dwayne Doucet as health, safety and environmental (HSE) director and Todd Whitley as senior technical advisor. Doucet will be responsible for the continuous…
Ian Phillips, chief executive of the Oil & Gas Innovation Centre (OGIC), will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20th SPE ICoTA Well Intervention Conference in Aberdeen this week…
The United State Maritime Research Center (USMRC) in Middletown, Rhode Island said that Margaret Kaigh Doyle was named the U.S. vice chairperson of the Training and Competency Working Group for the Society for Gas as a Marine Fuel (SGMF). The London-based organization…
