Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world's top leaser of oil production ships, and state oil firm Petroleo Brasileiro SA . Police said they had four arrest orders as part of the scheme…
Electromagnetic Geoservices ASA (EMGS) has appointed Hege A. Veiseth (38) as acting CFO of the company effective from 1 January 2016, following the resignation of Svein Knudsen. Hege has worked for EMGS since 2007 and is currently the Group Finance Manager of the company…
Total Chief Executive Officer Patrick Pouyanne is expected to be appointed as chairman of the French oil and gas giant on Wednesday, combining both roles again a year after they were split following the death of Christophe de Margerie, who had held both positions…
On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition to a low carbon future.“Statoil has called for an effective international climate agreement…
NOIA President Randall Luthi issued the following statement regarding a report released today by SELC which attempts to discredit an earlier study by Quest Offshore: “The Quest Study estimates the potential for jobs, economic activity…
MSI’s proprietary tanker market model predicts firm earnings scenario in first half of next year before weight of fleet growth starts to suppress ratesLondon, December 15, 2015. The latest Tanker Freight Forecaster from Maritime Strategies…
A new consultancy established by well known industry veteran and leading marine energy expert Adrian Tolson, was launched Tuesday. A new consultancy, 20|20 Marine Energy, was launched to help companies create and implement strategies for purchasing and selling marine energy…
Exxon Mobil Corp's appointment of the head of its refining business as its new president makes him the probable successor to Chief Executive Rex Tillerson and was designed to avoid raising eyebrows on Wall Street, analysts said on Monday.The new president…
Danos announces the hiring of Marc Distefano, John Danos and Jack Roszelle to leadership positions with the company. “We welcome Marc, John and Jack to the Danos team,” said CEO and President Hank Danos. “Their expertise and experience…
Global marine terminal operator DP World has agreed to a set of 11 principles designed to help tackle the US$ 19 billion illegal wildlife trade.In a groundbreaking meeting in London last week, members of the United for Wildlife International…
Technip certified in five additional countries to the EDGE standard, the global standard for gender equality in the workplace- With eight countries now EDGE certified, Technip remains the first and only company in the energy industry to…
The global shipping industry, represented by the International Chamber of Shipping (ICS) throughout the United Nations Climate Change Conference, greatly welcomes the ‘Paris Agreement’, adopted unanimously on 12 December by 195 nations. The…
Eva Kristensen will take the helm as the new managing director at Ulstein Design and Solutions AS starting in January 2016. Kristensen will also enter into the role as COO for the Design & Solutions business area, and be one of the executives in the group management of Ulstein Group ASA…
U.S. President Barack Obama on Saturday hailed the landmark climate accord reached in Paris as strong and historic, calling it the best chance to save the planet from the effects of global climate change.'Today the American people can…
A global climate conference on Saturday adopted an international accord aimed at transforming the world's fossil fuel-driven economy within decades and slowing the pace of global warming.French Foreign Minister Laurent Fabius banged down his gavel to rapturous applause…