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…
The U.S. lags behind Europe in the development of offshore wind (OSW) projects in part due to the lack of a mandatory national renewable energy standard and other tax incentives. But, the Obama Administration has set its own voluntary goal…
James A. Watson IV, Director of the Bureau of Safety and Environmental Enforcement (BSEE). Interior Secretary Ken Salazar Named Rear Admiral James A. Watson IV as New Director of the Bureau of Safety and Environmental Enforcement (BSEE) in November of 2011…
The Chief Executive of the International Marine Contractors Association (IMCA), Hugh Williams, 59, has announced his intention to stand down at the end of 2012 after 10 years in post.IMCA is the international trade association for offshore…
BOEM Will Hold Public Meetings on Draft EIS for Proposed G&G Activities in Mid- and South Atlantic Planning Areas. The Bureau of Ocean Energy Management will hold a series of public meetings to gather comments on the draft Programmatic Environmental…