Maersk Drilling, a unit of Danish conglomerate A.P. Moller-Maersk, will cut up to 140 jobs in Norway due to lack of work for two rigs, the drilling company said.The jack-up rigs Maersk Gallant and Maersk Inspirer are expected to have finished…
Liquefied Natural Gas Limited announced staff reductions resulting in a more streamlined organisation having a lower, more sustainable fixed cost base. These changes reflect a combination of redundancy and restructuring measures while keeping…
Danos has announced the hiring of Tom Broom as executive account manager. In this role, Broom will be responsible for overseeing and maintaining Danos’ long-term relationship with Shell. In 2015, Broom retired from Shell after a 35-year-career…
GE has announced Azeez Mohammed has been appointed President & CEO of GE Energy Connections’ Power Conversion business, effective July 11, 2016. Mohammed comes to Power Conversion from his most recent role as President and CEO, of GE’s Power Services business for Middle East and Africa…
DNV GL adds to its service offering offers in the field of electrical measurement for renewable energy producers with a mobile test laboratory for carrying out “Over Voltage Ride Through” (OVRT) tests. The first measurements have now been…
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial plant EPC contractor,won $101.6 million worth of order to supply two vacuum vessel sectors (No.7, 8) for ITER (International Thermonuclear Experimental Reactor)…
North West safety seal manufacturer Roxtec has launched a new company called Roxtec Services AB targeting North Sea marine and offshore markets.Roxtec Services AB was developed following sustained demand for equipment inspection on naval ships…
A group of South Korean companies including shipbuilders have come together to establish an association dedicated to developing liquefied natural gas (LNG) bunkering facilities and infrastructures including LNG-fueled vessels, says a report in the Pulse…
BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now reliably estimate all of its remaining material liabilities in connection with the incident…
International law firm Watson Farley & Williams LLP (“WFW”) advised long-standing client Teekay on the successful completion of financing initiatives for Teekay Corporation and Teekay Offshore Partners LLP (“TOO”).This included assisting…
Investments in energy efficiency improvements offer cruise and ferry and merchant vessel operators an opportunity to reduce operating costs and emissions while building a more sustainable brand image, says Wärtsilä Corporation. The overall…
The International Windship Association (IWSA) has announced the shortlist, selected by shipping industry experts, for the inaugural Wind Propulsion Innovation Awards 2016 and voting is now open to everyone to select the winners in three categories – Innovation…
The Annual General Meeting of BOURBON shareholders held on May 26, 2016 approved the payment of the dividend for 2015 of €1.00 per share and that each shareholder can choose to receive the dividend either in cash or in new shares.The period for exercising the option ran from June 15…
Jan De Nul Group signed a contract with Dong Energy from Denmark for the transport and installation of 36 monopiles and transition pieces for the offshore wind farm Borkum Riffgrund 2 in German territorial waters. Additionally, the Group was also awarded the supply…
Scientists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) have overcome a seeming weakness of global climate models. They had previously not been able to simulate the extreme warm period of the Eocene…