Neo Energy has struck a deal to buy fellow private-equity backed North Sea exploration and production firm Zennor Petroleum for £450 million. More to follow
Leif Höegh & Co. (LHC) in a joint venture with Morgan Stanley Infrastructure Partners have made a 23.5 krone ($2.73) per share offer for Höegh
The oil price “fever” is expected to continue, at least in the short term, according to Rystad Energy after Brent Crude broke past $70 a
Norwegian environmental and technical consultancy group Åkerblå Group has acquired a majority share in Ocean Ecology, a UK based survey specialist. It’s hoped the pair
Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Futures in London earlier surged
Cyprus, Israel and Greece on Monday signed a memorandum of understanding on cooperation in relation to the EuroAsia Interconnector project. Courtesy: Cyprus Gov’t The EuroAsia
Classification society ClassNK has released its “Guidelines for ROV/AUV” which summarise the performance and safety requirements for remotely operated underwater vehicles (ROVs) and autonomous underwater
Offshore contractor Bilfinger Salamis has indicated it is open to the possibility of trade union recognition, around five years after it allegedly stopped acknowledging them.