British oil and gas producer Afren Plc sacked its chief executive, chief operating officer and two associate directors after an independent review into unauthorised payments found evidence of 'gross misconduct.'Shares in the company rose as much as 6…
Woodside has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon.The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to 1100 m…
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard…
Drydocks World signed an agreement today with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma. When completed, this will provide an essential renewable offshore resource to meet increasing energy demands…
Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation.The Tulsa, Oklahoma-based company has tapped Jefferies LLC…
Harvey Gulf, a strong driver in the U.S. OSV market and a true leader in the incorporation of LNG-as-fuel in marine vessels, announced that it establishing Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. Recently approved changes…
SGX Mainboard-listed Swissco Holdings Limited announced it has secured three chartering contracts with options worth US$17.3 million. The offshore support vessels, comprising two new workboats and one anchor handling tug supply vessel, will be deployed in the Middle East under the contracts…
Chevron Corporation (NYSE:CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015.In her new role, Francis, 50, will counsel the board of directors and senior management of Chevron on corporate governance matters…
Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating production, storage and offloading) designed for the extended well test campaign of Libra…
Oil and gas operators may be sitting on new investment decisions until the future of the North Sea becomes clearer, according to the latest report from business advisory firm Deloitte. The report, which details drilling, licensing and deal…
Lundin Petroleum spuds exploration well 33/2-1 in PL555 on the Storm Prospect in the Northern North Sea Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, is pleased to announce that drilling of exploration well 33/2-1 in PL555 has commenced…
Marine Contracting announced the successful towing of LLOG Exploration’s Delta House Floating Production Semi-Submersible to its’ operating site in the Gulf of Mexico’s Mississippi Canyon 254 field. The Delta House semi-submersible move project…
3sun Group, a specialist provider of products and services to the global energy industry, has appointed Dene Heywood as commercial director.Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established…
Today the US Army Corps of Engineers released the Draft Integrated Feasibility Report and Environmental Impact Statement for the Post-45 Harbor Deepening project, recommending that the Charleston Harbor be deepened to 52 feet.'The Port…
U.S. options market bulls rushed to some of the biggest Brazilian companies on Monday, a day after pro-business Brazilian presidential candidate Aecio Neves' surprisingly strong showing in the first-round election vote.Brazilian financial…
