OMV's head of exploration and production, Jaap Huijskes, will leave the company in the first half of 2016, well before his contract expires in September 2018, the Austrian oil and gas group said on Tuesday.Huijskes' decision is 'based solely on private reasons'…
Power producer Atlantic Power Corp slashed its dividend by 70 percent and asked its chief executive to step down as part of a strategic review process.The company said it appointed Ken Hartwick, director of the board, as a replacement for Barry Welch…
LONDON, Sept 15 (Reuters) - Barclays' former lead carbon trader, made redundant by the British investment bank last week, has joined a London-based start-up firm founded by a former colleague.Tom Lord, who ran the Barclays emissions desk over the past year…
Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global…
CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled…
SMM signing ceremony commits DOF to five-year Framework Service Agreement At a signing ceremony at SMM, the international marine trade fair in Hamburg, MAN PrimeServ, MAN Diesel & Turbo’s service division, signed a service framework agreement with DOF ASA…
A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday…
Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad.The scope of work consists of design, detailed engineering…
Members of the International Union of Marine Insurance, in its 140th year, will gather in Hong Kong from 21-24 September at the Intercontinental Hotel, Kowloon for its annual conference themed Building Expertise for a Changing World.Over…
Damen announces strategic partnership agreements with three major Ballast Water Treatment System suppliers; shipping industry to benefit from Damen Global One Stop Ballast Water Treatment Retrofit ServiceDamen Shipyards announced it has…
Leaders of the new coalition say they are fighting for the survival of the Canadian Maritime Industry, and explained their significant worries concerning the Canadian-European Comprehensive Economic Trade Agreement (CETA) and the lack of transparency that government has had when making this deal…
McMurdo Group’s Techno-Sciences Inc. says it has been chosen by the Australia Maritime Safety Authority (AMSA) and Maritime New Zealand (MNZ) to deploy their next-generation satellite-aided search and rescue systems.The MEOSAR (Medium-altitude…
Leading provider of independent valuations, Valuation Research Corporation (VRC) says it has been engaged by the Panama Canal Authority to value the locks, dams, power plants and other structures of the canal for insurance purposes. This is VRC’s second valuation engagement with the authority…
Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production…
Diversified marine insurer Skuld says it seeks a highly competent Senior Claims Executive who will join its dedicated team of claims handlers in Hamburg.Responsibilities Overall claims handling within all aspects of P&I and FD&D operations…