Subsea 7 bags over $1.2bn contract with Petrobras for Búzios 9 field development
In a major offshore oilfield development, Subsea 7 S.A. has been awarded a super-major contract valued at over $1.25 billion by Petrobras. The contract, won ... Read More
Serica Energy appoints Chris Cox as CEO to drive strategic growth
Serica Energy plc (AIM: SQZ) appoints Chris Cox as CEO, effective 1 July 2024. David Latin will cease his interim CEO role at the same ... Read More
Trinity Exploration and Production to be acquired by Touchstone Exploration
Touchstone Exploration has entered into a definitive agreement to acquire Trinity Exploration and Production in an all-stock transaction valued at approximately $30.1 million. This deal ... Read More
OKEA ASA announces FID for Brasse development to target 24mboe of oil
OKEA ASA (OSE: OKEA), in a strategic collaboration with its partners, has officially announced the final investment decision (FID) for the Brasse development, marking a ... Read More
James Fisher and Sons to sell RMSpumptools to ChampionX for £90m
James Fisher and Sons plc ("James Fisher") has officially announced the divestiture of its subsidiary, RMSpumptools Limited ("RMS"), to ChampionX UK Limited, a subsidiary of ... Read More
Dril-Quip and Innovex Downhole Solutions announce merger to create Innovex International
In a landmark move for the oil and gas sector, Dril-Quip, Inc. (NYSE: DRQ), a premier developer, manufacturer, and service provider for the offshore and ... Read More
Equinor extends drilling contracts worth NOK18.4bn, ensuring 2,000 jobs annually
In a significant development for the oil and gas industry, Equinor, on behalf of its partners, has announced the extension of contracts with Archer AS, ... Read More