IHC Merwede establishes IHC Tidal Energy and acquires Wave Rotor technology.On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions…
New Orleans -- Today the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration’s ongoing focus on expanding safe and responsible production of our domestic energy sources…
Stork Technical Services won the ‘Associate Member’ prize at this year’s IADC North Sea Chapter (NSC) Annual Safety Awards.The award recognises an Associate members’ safety achievements over the past year which can include launching schemes to improve safety performance…
Greenpeace Nordic intercepts Shell icebreaker to in attempt to thwart Arctic drillingGreenpeace Nordic activists have intercepted at open sea and boarded a Shell-contracted icebreaker, the Nordica, to continue its protest against the oil major’s…
Tankship freight rates on the up as global oil trade pattern changesAccording to Bloomberg, the U.S. is importing the least in 13 years as China buys more than ever, lengthening voyages for tankers and effectively reducing the fleet’s capacity…
The Google-backed 'Atlantic Wind Connection' underwater power line project planned off the East Coast clears a regulatory obstacleAs overall efforts lag off the Jersey coast, a federal agency approves Atlantic Wind Connection’s transmission plans pending environmental impact statement…
ClassNK joins with NAPA to bring best-in-class SEEMP solution to market; ClassNK expertise combined with NAPA software creates environmental solution to increase eco-efficiency and reduce fuel consumption. ClassNK, the world's largest ship classification society and NAPA…
Specialist Services, manufacturer of living quarters, office and technical modular buildings for the oil and gas industry, is to re-establish a hire fleet at recently acquired Labtech Services to meet growing North Sea and international demand…
International law firm Pinsent Masons has appointed Bob Ruddiman as Global Head of Energy and Natural Resources, in a move which underlines the firm’s energy industry commitment. Mr Ruddiman was previously Head of Energy at McGrigors which…
Mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate growth in Europe and the eastern hemisphere.Up to $15 million (£9.5 million) will be invested in new Process…
Aker Solutions has been awarded a contract by Murphy Sabah Oil for the delivery of a subsea production system for the Siakap North - Petai deepwater development. Contract value is undisclosed.The scope of work includes 13 subsea trees, eight manifolds…
Bureau of Safety and Environmental Enforcement Director James A. Watson delivered remarks today at the Offshore Technology Conference in Houston, Texas. Director Watson discussed recent recruitment incentives, BSEE's offshore safety focus and regulatory priorities…
New dedicated rule book from DNV for self-elevating offshore units guides jack-up rig designers & yardsThe new rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards…
Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector. Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities…
Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced it has been involved in deals providing funding for acquisitions and…