SNC-Lavalin Group is expanding its global consulting, design and project management capabilities with the takeover of U.K.-based WS Atkins.
The world’s No.1 oilfield services provider said revenue rose 5.7% to $6.89 billion in the quarter ended March 31, but its cost of revenue increased 11.3% to $6.08 billion.
Total had agreed on an option to farm into Egdon's PEDL209 exploration license in Lincolnshire by Dec. 31, 2018, which would earn it a 36% interest. Total's previous option on the license had lapsed.
Sky News said that Dudley's maximum annual pay over the next three years will now be about 12.2 million pounds (US$15.22 million) including his salary, an annual bonus and a long-term share incentive plan.
BP said on April 3 it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.
Repsol will become the operator of the Ioannina and Aitoloakarnania blocks and plans to acquire seismic surveys over the areas in the 2017-2019 period.
Reinertsen is the third-largest maintenance and modifications supplier offshore Norway. The company's order backlog contains key maintenance and modifications contracts with Statoil.
Genel Energy is set to lose its finance chief, Ben Monaghan, while still struggling to find a replacement for Chairman Tony Hayward, sources told Reuters.
Fredriksen's private investment vehicle Seatankers bought the new West Mira rig from the Hyundai Samho Heavy Industries Shipyard for an undisclosed sum just one week ago, Reuters reported.
Eni and Total are in a consortium for one of the blocks and ExxonMobil and Qatar Petroleum have joined up for another. Eni will be on its own in a third block. The blocks were offered in the third licensing round held by Cyprus, Reuters reported.