Company News

Courtesy Asian Energy Services
production facility compressor
April 22, 2025
Private equity company Gulf Capital has sold its interest in offshore construction and maintenance provider Kuiper Group.
Courtesy Borr Drilling
Borr Drilling jackup Thor Vietnam
ID 353659506 © Ramirezom | Dreamstime.com
Sidara, Wood acquisition
ID 65082613 © Jakub Jirsak | Dreamstime.com
Dolphin Drilling makes C-suite changes
March 28, 2025
Dolphin Drilling CEO Bjørnar Iversen resigned in late January after six years with the company, and the following month CFO Stephen Cox also stepped down.
ID 140226149 © Hyotographics | Dreamstime.com
offshore Jamaica updates in the oil and gas industry
March 27, 2025
New Fortress Energy (NFE) has concluded terms for the sale of various gas and power facilities in Jamaica to Excelerate Energy, and United Oil & Gas has secured an extension to...
ID 120598690 © Artur Szczybylo | Dreamstime.com
merger
March 27, 2025
NEO Energy and Repsol Resources UK have agreed to merge, forming one of the UK North Sea’s largest independent oil and gas producers.
Courtesy Reelwell AS
Reelwell AS
March 24, 2025
Odfjell Technology has paid NOK40 million ($3.81 million) for a 10% stake in Reelwell.
ID 10351202 © Elena Elisseeva | Dreamstime.com
Mediterranean Sea
March 21, 2025
Energean has terminated a transaction involving the sale of its offshore/onshore E&P interests in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy...