Petrofac Ltd said on Wednesday it expects to report a wider operating loss of about $150 million to $170 million for 2022, after a review of its portfolio of contracts and contractual and commercial issues revealed increased costs. The oilfield鈥
UK-based workers' union Unite said on Friday said that an 'unprecedented 48-hour major stoppage' would hit the offshore oil sector later this month, with 1350 offshore workers predicted to bring dozens of platforms to a 鈥榮tandstill.鈥橳he trade鈥
U.S. Gulf of Mexico-focused oil company W&T 云顶赌场老虎机 said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company鈥檚 first-quarter earnings鈥
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field鈥
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from 鈥淪embcorp Marine Ltd鈥 to 鈥淪eatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel 云顶赌场老虎机 & Marine Ltd on February 28鈥
Around 150 Sparrows 云顶赌场老虎机 Services contractors on offshore facilities in the UK will start strike action in a dispute over pay from Wednesday, April 5, workers' union Unite said Monday.'Dozens of platforms and operators to be hit including Shell and Harbour Energy鈥
Shell is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns.The changes come as Sawan, who took office at the start of the year, has signaled in recent weeks that Shell鈥
Cecile Wake will succeed Tony Nunan as Chair of Shell Australia effective May 22, 2023, Shell Australia said Thursday. Nunan, who led the Australian business for the past three years, will take up the newly created role of Chief of Staff and Corporate Relations鈥
The UK-based training firm AIS Survivex has won a contract with wind turbine maker Siemens Gamesa Renewable Energy to deliver training across its UK workforce.The three-year agreement will see AIS Survivex provide Global Wind Organisation (GWO) courses for Siemens Gamesa鈥檚 UK onshore鈥
Norway-based oil and gas firm Noreco on Tuesday announced a rebranding and planned name change from Norwegian Energy Company ASA (Noreco) to BlueNord ASA.The proposal for change of company name will be put forward for approval at the company's annual general meeting to be held on April 25鈥
Hydra Service, manufacturer of Dynapower pumps, motors and turbine starters, announced it has been purchased by a local manufacturing investment group led by Mick Webber. According to the company, the new ownership and existing management are committed to servicing and replacing old equipment鈥
UK-based workers' union Unite said Saturday that its Worley Services UK members were the latest group of offshore workers to demand a better deal on jobs, pay, and conditions in the UK Continental Shelf (UKCS).Unite said that a 100% of over 50 workers鈥
DNV has appointed Anette Roll Richardsen as Director of its Cyber Security business in Norway.DNV said Roll Richardsen would lead a growing team of IT and operational technology security experts as the company rapidly scales to safeguard its鈥
Colombian majority state-owned energy company Ecopetrol on Friday named Alberto Consuegra as its interim CEO, taking over from Felipe Bayon who stands down at the end of the month following more than five years in the top position. Ecopetrol announced in January that Bayon would leave鈥
Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation鈥
