Former Bank of England chief economist Spencer Dale is leaving the central bank, just two months after being moved to a new role, to become chief economist at oil major BP, the BoE said on Monday.Dale spent six years as the central bank's chief economist…
July 29, 2014 marked a safety milestone for Hertel Offshore (NL), indicating five years without a Lost Time Incident.Hertel expresses its appreciation to all company employees, customers, partners and subcontractors for contributing to this achievement…
Transocean Partners LLC, a Marshall Islands limited liability company formed by Transocean Ltd., has announced the pricing of its initial public offering of 17,500,000 common units representing limited liability company interests at $22.00 per unit…
Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Following are highlights for this period and excerpts from the Company's future outlook: 2Q2014 Upstream revenue and EBITDA…
In a move to expand its presence in the European energy markets, Ferguson Group, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules, engineering modules and accommodation solutions to the global offshore energy industry…
Hydro Group shows a clear commitment to the next generation of employeesFigures published earlier this year show that Scotland’s current levels of youth unemployment (16-24-year-olds) is at 853,000 – 18.8 percent – more than double that of the average age working population…
Former OPEC secretary general Dr. Alhaji Rilwanu Lukman, who led the oil producer group between 1995 and 2000, passed away in the early hours of Monday in Vienna, the organization said in a statement. He was 75.Nigeria-born Lukman's career in the oil industry spanned five decades…
Petroleum engineers are among the best paid professionals in the United States. Only chief executives and some specialist doctors earned more last year, according to federal government pay data.Petroleum engineers were paid an average of $132…
Chevron will cut about 225 jobs in its North Sea oil operations in Aberdeen, Scotland following a review of its business, the company said on Wednesday.The jobs reduction will include contractors, employees and expatriates, it said in a statement to Reuters…
Siemens Wind Power said on Wednesday two senior executives will leave the company, one to a firm in Denmark, a leading producer of wind turbines and a major consumer of renewable energy.A spokesman from Siemens Wind Power, a Denmark-based unit of Siemens AG…
Wild Well Control, Inc. announced that BEARCO International’s personnel will be joining with Wild Well’s well control engineering group, bringing the relief well expertise of John Wright, Jim Woodruff and Bill McElduff on board to further enhance…
Transocean Ltd. said it is to convene an Extraordinary General Meeting (EGM) of Shareholders September 22, 2014, in Zug, Switzerland, to approve Miller's appointment as follows:Assuming Miller is elected by shareholders at the EGM, the board intends to designate him as Vice Chairman…
ClassNK has announced the acquisition of Victoria, Canada-based maritime software company Helm Operations. The deal was hailed by both parties as two world-class companies joining forces to improve safety and operational efficiency in the marine industry…
TT Club is continuing its sponsorship of FIATA’s Young International Freight Forwarder of the Year Award. The relationship between the two organizations in relation to this training and development award is now in its sixteenth year and is aimed at identifying…
EFC Group, a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, has appointed Anand Puthran as its managing director, a newly created role for the company.Anand joins…