Irish-domiciled multinational oil and natural gas service company Weatherford International has entered into an agreement with its top creditors that will allow the company to file for a 'prepackaged' Chapter 11 bankruptcy - after more than four years without making a profit鈥
Survitec Group, a manufacturer of marine safety and survival equipment, has restructured its offshore division to better serve customers with assets operating in the oil, gas and wind (renewable) energy sectors, it said.The reorganization of鈥
Danish renewable energy developer Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds.The fund is to finance its green growth ambition towards 2025 including the investment in the offshore wind farm Hornsea 2 in the United Kingdom with a capacity of 1鈥
TechnipFMC has chosen Semco Maritime to deliver telecommunication systems, topside firefighting equipment and safety equipment for the 鈥楨nergean Power鈥 FPSO for the Karish & Tanin fields, offshore Israel.As a total systems integrator Semco Maritime鈥
US oil giant ExxonMobil and Abu Dhabi's national oil company have met to discuss new opportunities for collaboration in the upstream and downstream sectors. The discussions were held during a joint visit to review the two firm's US$ 30 billion (AED 110 billion) Upper Zakum expansion project鈥
Anadarko Petroleum Corp鈥檚 board on Monday backed a US$38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.The decision capped a series of moves by Occidental鈥
Occidental Petroleum Corp has revised its bid for Anadarko Petroleum Corp. increasing the amount of the US$38 billion deal that it would pay in cash. The Houston-headquartered firm's move is part of its bid to overthrow Chevron's $33 billion offer for Anadarko鈥
Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko鈥檚 assets in Africa (Algeria鈥
The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe鈥
Global subsea equipment solutions specialist, Ashtead Technology has appointed a new regional director for Asia-Pacific.James Christie joins the Aberdeen-based firm from Subsea 7 as Ashtead completes a six-figure investment to double the size of its Singapore facility鈥
In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford 云顶赌场老虎机 (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower鈥
The provider of international crude oil and gas marine transportation, Teekay Corporation announced an agreement to sell to Brookfield Business Partners all of the Company鈥檚 remaining interests in Teekay 云顶赌场老虎机 Partners for total proceeds of $100 million in cash鈥
Global controlled flow excavation (CFE) specialist James Fisher Subsea Excavation (JFSE), part of the James Fisher & Sons group, announced that it has bolstered its expert team by a number of key appointments and promotions.The strategic appointments鈥
Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017鈥
Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in鈥
