Work to repair constrained production issues at the Hibiscus Petroleum Anasuria FPSO are nearing completion.
North Sea helicopter operator Bristow is looking to expand after drastically trimming its financial losses in the last year.
Asco has not “missed a beat” during the Covid-19 pandemic and continues to get kit to where it is needed amid the current woes affecting UK supply chains, the global logistics firm’s chief executive, Peter France, has said.
Dutch geo-services firm Fugro has returned to growth for the first time since the outbreak of the pandemic last year.
TechnipFMC has increased its full-year expectations on the back of a strong start to 2021, as well as “continued improvement” in the broader market outlook.
Halliburton’s chief executive says the company’s strategy is “working well” after a relatively healthy financial start to the year.
Indonesian state-owned energy giant Pertamina posted a 58.4% drop in net profits last year after oil prices collapsed following a slump in energy demand due to the COVID pandemic.
Ørsted is having to fork out millions of pounds in order to address cable issues at some of its offshore wind developments.
PetroChina, China’s biggest oil company, plans a 239 billion yuan ($37 billion) capital spend this year, making it the world’s top spending oil firm in 2021, beating the likes of Saudi Aramco and ExxonMobil.
CNOOC, China’s third largest oil company, is expected to start production at Lingshui 17-2, a large deep-water natural gas field in the South China Sea, during the first half of 2021.
Vattenfall stayed comfortably in the black last year despite “an extreme and unusual” 12 months for “several reasons other than the pandemic”.
Ørsted enjoyed “great strategic progress” last year as it managed to strengthen its financial footing in the face of the Covid-19 pandemic.
Exxon Mobil Corp. posted a $19.3-billion writedown of U.S. natural gas and other assets, capping the first annual loss for the Western world’s largest oil company in at least four decades.
Schlumberger’s chief executive has described 2020 as “an exceptional year of operational resilience” with the firm posting pre-tax losses of $11.2 billion (£8.3bn).
International energy logistics provider Peterson has confirmed it carried out a “resizing” of the business earlier this year in order to make the transition to home working more straightforward.
Subsea 7 has completed installation activities for Shell’s Arran gas development in the Central North Sea.
Crown Estate Scotland (CES) made a £12 million revenue profit in its most recent financial year, surpassing its target of £8million to be returned for public spending, according to annual accounts published by the organisation.
International energy services provider Hunting has made further job losses as it continues to battle the dual impact of the Covid-19 pandemic and the oil price slump.
Oilex has said it will continue to “review business opportunities” in high potential areas despite taking a financial hit due to the Covid-19 pandemic.
Simec Atlantis has praised the performance of its tidal and engineering services division after halving its pre-tax losses in a year.
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Offshore engineering firm Aker Solutions slipped into the red in the first quarter of 2020 as the firm faces a "disruptive" year due to market uncertainty.
Oilfield services firm Subsea 7 has reported a pre-tax loss and revenue drop for the first quarter of 2020.
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
North-east company Dales Marine Services (DMS) and its parent have suffered sharp falls in their annual profits.