Europe

Shell slashes 6,500 staff

July 30th, 20150 The protracted downturn in oil prices is seeing another energy major make swingeing cuts to its global workforce. Royal Dutch Shell’s latest quarterly results saw net...

Subsea 7 wins EPIC Egypt contract

July 30th, 20150 Oslo-listed Subsea 7 has been awarded an EPIC contract worth around $500m from BP and it’s partner DEA for work offshore Egypt. The contract includes engineering,...

Saipem to cut 8,800 jobs

July 29th, 20150 Italian oil and gas industry contractor Saipem plans to cut 8,800 workers by 2017; the decision part of a restructuring plan that follows more than €900m ($993m) in...

BP takes two LNG newbuilds

July 29th, 20150 A joint venture between Greece’s Chandris and a UK-based gas shipping subsidiary of Kawasaki Kisen Kaisha (K Line) has clinched charter contracts. K Line LNG...

Subsea 7 renews charters with DOF

July 29th, 20150 Oslo-listed offshore vessel owner DOF has announced that DOF Subsea has reached an agreement with Subsea 7 regarding charter renewals for three of its...
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