Business advisory firm, AlixPartners say that Louis Besland has joined the firm’s global Energy Practice as a managing director and will be based in the consultancy's Dubai office.AlixPartners add that Besland has deep experience in the worldwide oil…
Congressmen Jim Sensenbrenner (R-Wis.) and Rick Larsen (D-Wash.) introduced a bill to amend the State Department Basic Authorities Act of 1956 to establish a United States Ambassador at Large for Arctic Affairs. Currently, 20 government agencies are handling Arctic policy…
British oil and gas explorer BP will cut around 30 percent of IT jobs in its international upstream division following a review of its support services, a source familiar with the situation said. BP confirmed its support service review may result in IT job losses…
Major operators and innovators gather in Abu Dhabi for ITF members’ meeting.The CEO of global leading energy services company LR Senergy, James McCallum has issued a stark warning that oil and gas productivity will drop if the drilling sector…
Powermaq USA Staff Boasts Expert Machinists Experienced in Offshore, Subsea, Power Plant, Oil & Gas and Industrial Equipment Repairs.Brazil-based Powermaq has launched its first global field services company. From its U.S. headquarters in Portland…
CWind, a provider of integrated services to the offshore wind industry, announced that Chris Randle, formerly of Siemens Wind Power, has been appointed as Executive Chairman of the Board of Directors.Andy White, Non-Executive Director of…
AGR’s Reservoir Management UK division (RM UK) is gearing up for a busy year ahead and has grown its sub-surface department with the addition of Steve Adams, Principal Geologist. Steve, who will be based in AGR’s Aberdeen office, has over 30 years’ experience in the oil and gas industry…
Royal Dutch Shell capped a strong first quarter reporting season for oil majors with better-than-expected results which were boosted by gas earnings, while shareholders were rewarded with a higher dividend.Shares in the company were up…
Offshore exploration is a history of man v. nature, with ever bigger technology and investment Prospecting for oil is a dynamic art. The greatest single element in all prospecting, past, present and future, is the man willing to take a chance…
China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel for its rapid economic growth. State-run CNPC has expanded over the past decade to over 30 countries…
Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…
Oil rebounded towards $109 a barrel on Tuesday a day after prospects of a return of Libyan supply prompted its biggest daily fall in nearly a month although investors showed muted response to more U.S. sanctions on Russia. Libya's National…
LOC Seoul opens, Korean country manager appointed London Offshore Consultants, a global company in marine and engineering consultancy for the shipping and offshore energy sectors, has further expanded its footprint in Asia, successfully registering…
Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt is due in Paris to thrash out a deal to buy Alstom's global power arm. Siemens…
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday.Most vulnerable will be small fields…