Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy. An Itha... Read more
Saudi Aramco, a Saudi Arabian oil and gas giant, has said the company will return to full production capacity by the end of the month following a drone attack on the world’s largest oil proc... Read more
Norwegian oil and gas company Equinor is progressing oil spill recovery at the South Riding Point terminal in the Bahamas after the impact of Hurricane Dorian. Source: Equinor In the afterma... Read more
As previously reported, the proposed merger, if realized, would create the world’s largest offshore accommodation company, with Prosafe currently owning and operating a total of nine offshor... Read more
Following a recent oil discovery at the Jethro well offshore Guyana, oil firm Tullow is set to spud the second well, Joe-1, within days. The Stena Forth drillship / Image source: Stena Drill... Read more
Offshore services firm Subsea 7 is calling for experienced engineers from all sectors to apply for the company’s Engineering Conversion Programme and potentially earn a job in the offshore o... Read more
Italian oil and gas company Eni saw its profit drop by 66% in the second quarter 2019 when compared to the same period last year. Claudio Descalzi, Eni CEO; Source: Flickr/Eni Eni reported... Read more
Singapore’s offshore drilling rig and vessel construction company Keppel O&M has returned to profit in the first half of 2019. The order book is at 2016 high, with a large chunk of new o... Read more
Energy powerhouse Equinor has formed a consortium with the Korea National Oil Corporation and Korea East-West Power to develop a floating offshore wind project. In an announcement Thursday,... Read more
U.S. shareholders with small interests in private equity and venture capital firms could be safe from a tax on a new category of foreign income under proposed IRS rules, which might spur cro... Read more
