Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences.
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Solstad Offshore has sold seven vessels for recycling as they are considered irrelevant for present and future markets.
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Brazil’s Petrobras is selling its interest in a company, which owns interests in 15 offshore fields in the U.S. Gulf of Mexico.
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Petrobras has resumed production from the Manati gas field located off Brazil following the completion of pipeline repairs.
The post Petrobras brings Brazilian gas field back online after repairs appeared first on Offshore Energy.
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PTTEP’s new CEO will work to strengthen the company’s E&P business and prepare for the expansion into renewable energy.
The post New boss to strengthen PTTEP’s core E&P business, prepare for renewables appeared first on Offshore Energy.
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