Eleven individuals and organizations have been named as winners of the 2014 Walter B. Jones Memorial Awards for Excellence in Coastal Ocean Resource Management, an award given by NOAA’sOffice for Coastal Management for exemplary leadership…
U.S. oil company Apache Corp announced the retirement of Chief Executive Steve Farris, effective Tuesday, and named John Christmann, chief operating officer - North America, as his replacement.Farris, who has helmed Apache for 14 years,…
Adrian Bannister has been appointed as chief financial officer (CFO) of the OEG Offshore group of companies.Bannister will assume responsibility for the group's global finance team activity, including accounting, taxation, regulatory and reporting matters for OEG worldwide…
In preparation for a possible tropical cyclone, Broome Port was closed to shipping at 1700 hours local time yesterday (18 January) and Port Hedland is considering port evacuation from today (19 January).A Tropical Low is currently over…
The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident…
Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…
The Offshore Marine Service Association (OMSA) issued a statement regarding Senator John McCain’s proposal allowing foreign-built vessels to take over marine transportation in the United States, stating the amendment would gut U.S. shipbuilding while outsourcing jobs and security…
Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd…
Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea following similar moves by rivals to reduce costs in one of the world's most expensive exploration areas as oil prices tumble.Although the cuts are relatively small for companies with dozens of thousands of employees…
Meriaura Group to strengthen its position in the market by increasing its cargo fleet. The company has ordered a Dutch Royal Bodewes shipyard two VG EcoCoasterTM -kuivarahtialusta, both a carrying capacity of 4700 tons. The new building contracts were signed in December in Turku…
LOC Group Ltd (London Offshore Consultants) has appointed Andrew Pointing into the newly created role of Group Director, Marine Assurance and Risk.This new position is part of an ongoing restructuring process which sees LOC creating a number…
Matthieu de Tugny to lead Bureau Veritas' offshore activitiesBureau Veritas has appointed Matthieu de Tugny as Senior Vice President in charge of offshore activities within the marine and offshore operating group. He is tasked with driving…
Wireline Engineering has been shortlisted for an Offshore Achievement Award in the Export Achievement category. The shortlisting recognizes Wireline Engineering’s business growth resulting from successful export activity in the oil and gas and energy sector…
In May 2014 Odfjell SE announced a review of all aspects of our business model in order to improve our financial results through a more competitive cost structure.The Board has today approved a restructuring plan which, fully implemented…