Rolls-Royce Holdings plc today announces the appointment of Sir Kevin Smith CBE as a Non-Executive Director. Sir Kevin will join the Board with effect from 1 November 2015 and will become a member of the Nominations and Governance Committee…
New Hampshire's top court on Friday upheld a $236 million judgment against Exxon Mobil Corp over groundwater contamination linked to gasoline additive MTBE.The New Hampshire Supreme Court ruling affirms a 2013 jury decision that rejected…
Braemar Engineering, the specialist maritime engineering consultancy, today announced the appointment of Chis Kruszewski to the role of Senior Electrical Engineer in its Offshore, DP and FMEA Group.Mr Kruszewski joins Braemar Engineering with immediate effect…
Epic Gas Ltd has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The facility covers approximately 65% of the contract price of the vessels, and has been closed in partnership with Coordinator…
Inspection, repair, maintenance (IRM) and light construction company Harkand has informs it has united its African presence under the leadership of Doug Fieldgate as Africa General Manager. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa…
Spanish oil company Repsol plans to cut its global workforce by 6 percent over the next three years, according to an internal document seen by Reuters.The cuts form part of its 2016-2020 strategic plan, according to the document.Reporting by Jose Elias Rodriguez
The rapid growth and development of the Philippine maritime training market caused a dramatic increase in demand for state-of-the-art simulation systems compliant with the latest MARINA and CHED training requirements. Being the leading provider of the maritime simulation and training solutions…
As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian. Eni has vowed to press ahead with oil production - a $5.5bn (£3…
Mitsui O.S.K. Lines, Ltd. today announced the launch of its biannual vessel safety campaign on October 1, targeting all MOL-operated vessels. The current campaign centers on prevention of onboard fires.MOL positions safe operation as…
Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula. The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of global supply…
Tim Cornelius, CEO of global tidal developer Atlantis Resources has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation. The move…
Oil and gas company Shell Malaysia announced on Tuesday a reorganisation of its upstream division, which will see a reduction of 1,300 jobs over the next two years.Shell Malaysia, a unit of Royal Dutch Shell PLC, said in a statement the…
Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky.Shell has spent about $7 billion…
Mr Piet Besselink, Executive Board Member of international engineering and project management consultancy Royal HaskoningDHV, has decided to step down by the end of the year. This change was announced by the company’s Supervisory Board. Piet Besselink (56)…
GC “Hidromek” (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement at NEVA 2015GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International Exhibition and Conferences yesterday…