Ex-Shell head Ben van Beurden joins investment group KKR
Former Shell (LON:SHEL) chief executive officer Ben van Beurden will join private equity group KKR as a senior advisor on green investments, reports say.
Americas
Americas Oil and Gas News
Saipem lands Exxon Guyana deal worth up to $1.5bn
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
Plan to turn surplus oil rigs into floating missile bases
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
Another death on an offshore oil rig. Yet again, it’s Pemex.
Pemex’ safety and environmental track record is among the worst that I have encountered in my almost 35 years of writing about energy.
One dead, several injured after fire on Gulf of Mexico oil platform
At least one person has been killed and several others are injured after a fire broke out on an oil platform in the Gulf of Mexico.
SLB announces $7.8 billion stock deal for smaller rival ChampionX
American oilfield services giant SLB (NYSE:SLB) has announced a deal worth approximately $7.75 billion in stock to buy smaller rival ChampionX (NYSE:CHX).
All Americas Posts
No ‘material difference’ between oil and gas imports and North Sea production, UK energy minister says
Michael Shanks defended the Labour government's energy policies in a Westminster committee appearance.
Shell’s LNG Canada starts up with cargo set for Asia
Shell LNG Canada is a “testament to what can happen when industry elevates and respects the role of Indigenous communities in major projects”.
Falklands oil sector revival looms as global firms seek untapped resources
Global demand for resources may finally overcome the political barriers that have stalled the Falklands' Darwin discovery.
If not the North Sea, where? – Part 2
Alternative oil investment locations are all in the mix for those looking beyond the challenges of the UK and a challenging local environment.
Peterhead’s Score lands another multi-million pound international acquisition
Peterhead's Score has confirmed a deal to acquire Drake Controls in Houston for an eight figure sum as it continues its expansion into markets across energy, defence and aerospace sectors.
Aberdeen drilling services firm Enteq Technologies enters administration
Engineering services firm Enteq Technologies has entered administration after failing to find a buyer.
Aberdeen’s Decom Engineering secures over £2m in international contracts to start 2025
Scottish subsea cutting specialist Decom Engineering has secured more than £2 million worth of international contracts in the first quarter of 2025.
AI is the ‘new industrial revolution’ for offshore survey
Artificial intelligence has the capacity to revolutionise the marine energy industry, but part of the challenge is deciding which data to conserve and how.
Ineos completes USA acquisition as Ratcliffe calls for North Sea rethink
Ineos Energy announced the completion its acquisition of CNOOC Energy Holdings USA’s assets in the US Gulf of Mexico.
Aberdeen’s Xodus expands with acquisition of Daymark
Aberdeen-headquartered Xodus Group has expanded its North American footprint buying up Daymark Energy Advisors.
Ocean Energy Safety Institute: Nothing like it in the UK
There exists in the US an organisation named the Ocean Energy Safety Institute (OESI), about which little appears to be known here in the UK; nor do we have anything that can be regarded as its equivalent.
Shell reportedly mulling sale of chemical assets in Europe and US
Oil supermajor Shell is reportedly considering selling its chemicals assets in the Europe and the US, including its holdings in the Mossmorran plant in Fife.
Aberdeen wins on even a fraction of the floating offshore wind prize
Martin Suttie, chairman of First Tech Group, says the floating offshore wind challenge is 'like putting the Eiffel Tower in the North Sea with a sail'
Aberdeen’s Centurion confirms $100m acquisition ‘firepower’ fund
Aberdeen-based Centurion Group revealed it has $100 million (£81m) to spend on continuing its acquisition streak this year after a consortium of lenders boosted its credit facilities.
Prepare your global energy workforce for the second Trump administration
As President Trump embarks on his second term, leaders in the global energy sector are examining how potential shifts in immigration policy might impact their workforce and operations.
Biden bans US offshore oil and gas drilling ahead of Trump’s return
Analysts say the ban will have little practical impact on US oil and gas production, but sends a "strong political signal" to other nations including the UK.
Ineos makes third major US investment in three years with deepwater purchase
Ineos Energy has acquired the Gulf of Mexico business held by CNOOC Energy Holdings USA, the company’s third major US investment in the past three years.
LNG, not the energy supply panacea that it’s touted to be
While there may be broad agreement on the potential benefit of liquefied natural gas in terms of reducing air pollutants, the impact of LNG in terms of greenhouse gas (GHG) emissions has clearly become a point of contention.
DEALS: Aberdeen’s ADC extends rig inspection job with TotalEnergies in Suriname
ADC Energy announced it has extended a contract with TotalEnergies (PAR:TTE) after the French firm agreed to push ahead with at $9 billion (£6.9bn) oil and gas development offshore Suriname.
Aberdeenshire oilfield firm EnerQuip expands Houston presence
Aberdeenshire oilfield equipment firm EnerQuip has significantly expanded its presence in the United States after purchasing a premises in Houston.
Aberdeen’s MDL wins ultra-deep water SURF deal in Brazil
Flex-lay specialist Maritime Developments Ltd (MDL) has celebrated a new contract win as it attends the Rio Oil and Gas show, now called ROG.e.
Tropical Storm Francine disrupts Gulf Coast oil, gas output
ropical Storm Francine forced some oil drillers to halt production and evacuate crews as it barreled through the Gulf of Mexico, and was expected to strengthen to a Category 2 hurricane as it heads toward the coast of Louisiana.
Scottish underwater robotics firm HonuWorx secures seven figure investment
Scottish subsea robotics firm HonuWorx has secured "seven-figure" investment backing for its plans to slash costs and emissions for offshore repair and inspection work.
UK ‘committing suicide economically’ over North Sea policies, Hunting CEO says
Hunting CEO Jim Johnson sees strong growth for the 150-year-old firm in South America and the Middle East, but his outlook is less positive for the UK.
TotalEnergies unit fined $48m for attempted market manipulation
A trading unit of French oil major TotalEnergies (LON:TTE) has been fined $48 million by the US Commodity Futures Trading Commission over allegations that the firm attempted to manipulate gasoline markets.