Offshore Energy News


MPA Chief to Keynote SOS 2015

Nov 02, 2015

Mr Tan will provide the opening keynote address for the World Ocean Council’s Sustainable Ocean Summit, (SOS), 9-11 November 2015.MPA Chief Executive Mr Andrew Tan stated, “Singapore is honoured to host the first Sustainable Ocean Summit to be held in Asia…

Albrecht Joins Rowan Board of Directors

Oct 29, 2015

William E. Albrecht has been appointed to the board of directors of Rowan Companies plc, effective October 28, 2015. Albrecht has served as executive chairman of California Resources Corporation, a publicly traded oil and natural gas exploration and production company…

Knudsen Quits Electromagnetic Geoservices

Oct 28, 2015

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) announced that its Chief Financial Officer (CFO), Svein Knudsen, has tendered his resignation. Knudsen has held the position as CFO of EMGS since January 2005.Stig Eide Sivertsen…

Peterson Hires Regional Director

Oct 27, 2015

International energy logistics company Peterson has strengthened its leadership team with the appointment of Chris Coull as regional director.   Coull is the latest in a string of senior appointments by the company this year as it continues…

Aaron Smith Takes the Helm at OMSA

Oct 27, 2015

Aaron Smith has been appointed as the new President and Chief Executive Officer of the Offshore Marine Services Association, Inc. (OMSA), the national trade association representing the U.S.-flag offshore workboat industry. Smith’s appointment follows the resignation of Ben Billings…

DryShips Buys Nautilus Stake, Adds Six OSVs

Oct 23, 2015

Greek ship owner DryShips plans to add six support vessels to its fleet by acquiring a large stake in Nautilus Offshore Services.  Dry bulk shipowner DryShips has entered into an agreement to acquire approximately 98% of Nautilus OffShore Services Inc…

Brazil Gives SBM Ultimatum in $250M Bribery Settlement

Oct 22, 2015

Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters…

Oil, Wind Join Forces in DNV GL-led WIN WIN JIP

Oct 22, 2015

The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd…

New Business Development Manager for GAC O&G

Oct 20, 2015

GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…

Bechtel Joins World Ocean Council

Oct 16, 2015

The global engineering, project management and construction company, Bechtel has become a member of the World Ocean Council (WOC), the international business alliance for Corporate Ocean Responsibility.Bechtel brings considerable experience and expertise in the design…

Sevan, Cosco Agree Rig Delivery Delay

Oct 16, 2015

Norway-headquartered drilling contractor Sevan Drilling and Chinese shipbuilder Cosco Corporation have agreed to delay the end of the first deferral period for cylindrical ultra deep water drilling rig Sevan Developer from 15 October 2015 to 1 November 2015…

Ocean Energy Committee Members Selected -BOEM

Oct 13, 2015

The Bureau of Ocean Energy Management (BOEM) announced that the National Academies of Sciences, Engineering, and Medicine have selected 14 experts to serve on the new standing committee on environmental science and assessment for offshore energy and mineral resources…

Ocean Installer in BP frame deal

Oct 13, 2015

Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning…

Vroon Laying up 12 OSVs

Oct 12, 2015

The Netherlands-based Vroon Offshore Services has decided to pull 12 offshore-support vessels out of operation, saying the move is a “direct result of the ongoing slump in offshore oil and gas activities”. This consequently means it will also reduce the number of onboard positions…

Finland Scraps LNG Terminal Plan

Oct 06, 2015

Finnish gas utility Gasum has abandoned its plans to build the Finngulf liquefied natural gas  (LNG) import terminal in Finland with an offshore pipeline connection (known as Balticconnector) to Estonia, reports Reuters. “On the basis of the studies Gasum has conducted…

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