Offshore Energy News


Greater Collaboration Needed in O&G Industy

Apr 08, 2014

Australia’s oil and gas industry must fix its sights on developing greater collaboration as it brings a range of mega projects into operation, according to a group of sector leaders at a DNV GL-hosted briefing and round table event in Perth…

POSH seeks up to $334M in IPO

Apr 07, 2014

PACC Offshore Services Holdings (POSH) is looking to raise between $304 million and $334 million in a Singapore listing, according to a term sheet seen by Reuters.POSH, which is part of the empire of Malaysia's richest man, Robert Kuok, operates a fleet serving offshore oilfields in Asia…

WRS Appoints Ferrier VP, Texas Operations

Apr 07, 2014

Wellsite Rental Services, LLC (WRS), a comprehensive, rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Rex Ferrier as vice president - Texas operations.  Ferrier joins Wellsite…

OMB - review of draft OSV rule

Apr 07, 2014

The Coast Guard Authorization Act of 2010 removed the size limit on offshore supply vessels (OSVs). The Act also directed the Coast Guard to issue, as soon as is practicable, a regulation to implement section 617 of the Act and to ensure the safe carriage of oil…

Ex-BP Boss Hayward could Stay Glencore Chair

Apr 04, 2014

Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.Hayward is on a shortlist with Roger Agnelli…

USCG Releases Kulluk Grounding Investigation Report

Apr 03, 2014

The U.S. Coast Guard (USCG) Thursday released the report of investigation into the circumstances surrounding the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, Dec. 31, 2012.A series…

Harkand Names Brown to Gulf of Mexico Management Team

Apr 02, 2014

Global inspection, repair, maintenance (IRM) and light construction company Harkand informs it has made a key appointment by securing Mike Brown as general manager of diving services in North America.A U.S. Navy veteran, Brown has considerable…

EMP to Display Technologies at Sea Japan 2014

Mar 31, 2014

First public display of Aquarius MRE System & Aquarius Eco Ship concept. Eco Marine Power (EMP) has announced  that it will be presenting for the first time a number of the technologies it is developing including the Aquarius Marine Renewable Energy (MRE) System at Sea Japan 2014…

ICC: Beware Spurious Oil Fraud Claims

Mar 27, 2014

The ICC reported that shipowners are facing new dangers from criminal gangs making spurious oil fraud claims. The “victims”/fraudsters try to extort money from owners by bringing action against them for failing to deliver cargoes of oil they allegedly own…

Auto-Maskin Opens Houston Office

Mar 27, 2014

Auto-Maskin, the makers of the Marine Pro range of diesel engine controllers, announced the opening of a new regional office in Houston, Texas to support the continued expansion in the marine and oil and gas sectors in North America.The facility in Houston will be staffed by sales…

New DPO Certification Authority Announced

Mar 21, 2014

OSVDPA seeks to start training and certifying DPOs by the end of this year.A new organization, the Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA), held its first board meeting Thursday, March 12, charting the course…

Tanzania: The Next Hotbed of Construction & Energy Activity?

Mar 20, 2014

Representatives of Mammoet and other Dutch companies visited Tanzania to explore potential construction projects and investment opportunities in the East African country which has impressive growth rates and large stocks of underseas gas it is looking to develop…

Topaz Revenue up 22%

Mar 20, 2014

Topaz Energy and Marine, a offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. for the 12 months ended December 31, 2013. The period has seen continued strong and profitable growth across the group’s activities with revenues up 22% and EBITDA up 17%…

WRS Adds Johnson as President

Mar 19, 2014

Wellsite Rental Services, LLC (WRS), a rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Mark Johnson as president. Johnson joins Wellsite Rental Services with more than 34 years of experience in the oil and gas…

Decom North Sea to Host “Lunch and Learn”

Mar 18, 2014

Decom North Sea (DNS), the offshore oil and gas decommissioning forum, is hosting a “lunch and learn” event to give supply chain companies the opportunity to present their offshore decommissioning capabilities and encourage knowledge share among members…

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