Former Eni manager Stefano Cao will be appointed chief executive of Italian oil service company Saipem to replace Umberto Vergine at a shareholder meeting in April, two sources close to the matter said.'There's a consensus in the company and government on this position…
An explosion at an oil field in southeastern New Mexico killed one worker and seriously injured another while the men were installing a drilling pipe on Wednesday afternoon, the Lea County undersheriff said on Thursday.The dead man was identified as James Rusty Harrison…
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…
ExxonMobil announced today that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online.“The Point Thomson field is a vital part of unlocking Alaska’s North Slope gas resources…
Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited. Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised…
Danos executives have formed a Project Management Group (PMG) to provide a single point-of-contact for customers with large-scale projects involving multiple services lines.The PMG will streamline critical project communication as well as…
MacGregor launches a new training centre in its Aberdeen office in the UK to deliver specialists skills and competencies to its engineers and customers. Aberdeen office is the leading launch and recovery service provider within MacGregor’s Global Lifecycle Support Division…
The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby…
The U.S. oil and gas sector bled away more jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry. A roughly 50 percent drop in oil prices since June has pummeled the U…
Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP.IHC said the merger aims to…
A special Offshore Supply Vessel (OSV) has been delivered to Shell for its deepwater operations in the Gulf of Mexico. The vessel, Harvey Energy, is chartered from Harvey Gulf International Marine and is the first of its kind in the region to run on both liquefied natural gas (LNG) and diesel…
Unique Maritime Group (UMG) has appointed Rodney Mckechnie as the Managing Director for Unique Hydra, its office based in South Africa. McKechnie is an executive with experience gained in international Fortune 100 companies across various industrial sectors including motor manufacturing…
Lord John Browne heads DEA's supervisory board* LetterOne co-owners Fridman, Khan also join* Unit changes name to DEA Deutsche Erdoel AGFRANKFURT, March 3 (Reuters) - DEA, the oil and gas company that German utility RWE sold to Russian billionaire Mikhail Fridman…
Personal friendships are turning sour as some workers cross picket lines in the lingering U.S. refinery strike, with companies pushing laborers to return to work by saying they could lose their bonuses.A month into the biggest U.S. refinery walkout in 35 years…
Looking ahead to 2020 and beyond, both maritime and inland waterways will be under ever increasing pressure, as we use them for transport, recreation and commercially. At European Shipping week, Dr Pierre C. Sames, Chairman of the European…