Offshore News


EFC Group Appoints Managing Director

Jul 14, 2014

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…

TT Club Supports Supply Chain Learning Initiative

Jul 10, 2014

TT Club announced its support for a unique learning initiative – Business on the Move. The educational tool takes the form of a board game which is designed to be played at varying levels of complexity.  Consequently, it is suitable for primary…

CWind Wins Health and Safety Award

Jul 09, 2014

CWind Ltd, a provider of services to the offshore wind industry, is once again among the winners at the RoSPA Occupational Health and Safety Awards 2014. The Gold award in the prestigious annual scheme run by the Royal Society for the Prevention…

ISS Enters 3 Peaks Challenge

Jul 09, 2014

Inchcape Shipping Services (ISS) announced it supported the Sailors’ Society again by entering two teams in the “3 Peaks Challenge 2014”.Both teams were made up of volunteers from around ISS’ global network, and included representatives from Dubai…

Noble Execs Cut Deal with SEC Ahead of Bribery Trial

Jul 02, 2014

Two executives from offshore drilling contractor Noble Corp have agreed to settle civil claims they participated in a bribery scheme to obtain permits for oil rigs in Nigeria, days before the case was set to go to trial.Jury selection had been scheduled for next Monday in the U…

Fischbacher Named Director of SSI

Jul 01, 2014

Industry veteran and former Rio Tinto SSI trustee representative Alastair Fischbacher to take the helm at the Sustainable Shipping Initiative.The Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping…

Norway Oil Strike Averted

Jun 26, 2014

Norwegian labour union SAFE has agreed a wage deal with offshore oil producers, it said on Thursday, averting a strike at several ExxonMobil Corp fields which would have cut output.'There will be no strike among SAFE's members (working) on the continental shelf…

Piracy Offshore Africa: Securing a Continent

Jun 26, 2014

Drum Cussac readies local countries to address the scourge of piracy, which up until now has been a largely international endeavor, with a focused ‘capacity building effort.’The late Nelson Mandela once said: “I dream of an Africa which is in peace with itself…

OEG Offshore Acquires OSCA Environmental Services

Jun 25, 2014

Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region.OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku…

Statoil's Lund: Natural Gas is a Big Opportunity for Germany

Jun 25, 2014

“There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas”, said Statoil CEO Helge LundSwitching from coal to gas as the power sector is a significant opportunity to cut emissions…

Offshore Floating Production Market Update

Jun 24, 2014

Currently, 320 oil/gas floating production units are now in service, on order or available for reuse on another field.  FPSOs account for 65% of the existing systems, 76% of systems on order.  Production semis, barges, spars and TLPs comprise the balance…

Excelerate Energy & the Year of LNG

Jun 20, 2014

This being the “Yearbook” edition of Maritime Reporter & Engineering News, it would be remiss to not have coverage of LNG, one of the hottest fueling trends in maritime circles, particularly in North America. For a unique insight on a rapidly evolving market…

MN100: Deadline July 1st

Jun 18, 2014

The August 2014 editon of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners & operators; workboat builders and repairers; product and service providers.Participation is free…

Opinion: Oil Market Risks Grow as Chaos Spreads

Jun 12, 2014

Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm.According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2…

Gilat's Low-Profile Maritime Terminals Deployed in Combat Operations

Jun 12, 2014

Enable Access to Real-Time Info, Better Situation Awareness, for Small and Unmanned Vessels.Gilat Satellite Networks Ltd. (Nasdaq:GILT) has provided its low-profile maritime terminals for various naval vessels of an unnamed Asian country…

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