Offshore News


Peak of Petroleum Engineers?

Jul 17, 2014

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 to Cut 225 North Sea Jobs

Jul 16, 2014

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…

Two Senior Executives Leave Siemens Wind Power

Jul 16, 2014

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…

BEARCO to Join Wild Well for Relief Well Engineering

Jul 15, 2014

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 to Appoint Miller to Board

Jul 15, 2014

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…

Canada's Helm Operations Acquired by ClassNK

Jul 15, 2014

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 Backs Young Freight Forwarder Award

Jul 14, 2014

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 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…

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