Approximately 100,000 people will attend the Offshore Tecnhology Conference (OTC) in Houston this week where Ulstein is among roughly 80 Norwegian companies that are included.“U.S.A. is an increasingly important area of growth, and we see the importance of being present…
Liverpool headquartered global company Bibby Line Group is hosting a series of events at this year’s International Festival For Business during the Maritime, Logistics and Energy thematic of the four-week program. Being held at the Museum of Liverpool on June 12…
Diamond Petroleum Ventures LLC (DPV), a thermal unit provider based in Lafayette, Louisiana, has appointed Em Roosevelt as technical sales representative. Roosevelt is responsible for direct sales and account management and will work toward…
The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry, and is presented at the Annual OTC Dinner Sunday, May 4.Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry…
As part of its continuing response to the Deepwater Horizon incident, the U.S. Coast Guard's notice of recommended interim voluntary guidelines concerning fire and explosion analyses for MODUs published in the Federal RegisterThe Federal Register Friday published the U…
Powermaq USA Staff Boasts Expert Machinists Experienced in Offshore, Subsea, Power Plant, Oil & Gas and Industrial Equipment Repairs.Brazil-based Powermaq has launched its first global field services company. From its U.S. headquarters in Portland…
CWind, a provider of integrated services to the offshore wind industry, announced that Chris Randle, formerly of Siemens Wind Power, has been appointed as Executive Chairman of the Board of Directors.Andy White, Non-Executive Director of…
Bourbon 2014 first quarter revenues were €320 million, an increase of 7.9% at constant exchange rates (2.9% at current rates; Bourbon confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin“Sequentially…
AGR’s Reservoir Management UK division (RM UK) is gearing up for a busy year ahead and has grown its sub-surface department with the addition of Steve Adams, Principal Geologist. Steve, who will be based in AGR’s Aberdeen office, has over 30 years’ experience in the oil and gas industry…
Offshore exploration is a history of man v. nature, with ever bigger technology and investment Prospecting for oil is a dynamic art. The greatest single element in all prospecting, past, present and future, is the man willing to take a chance…
Ulstein Group reported it delivered a good result for 2013 with an operating income of NOK 2.3 billion compared to 2012’s result of NOK 2.27 billion. Similarly, Ulstein’s operating profits improved in 2013 to NOK 317.8 million from NOK 228 million in 2012…
China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel for its rapid economic growth. State-run CNPC has expanded over the past decade to over 30 countries…
Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…
Oil rebounded towards $109 a barrel on Tuesday a day after prospects of a return of Libyan supply prompted its biggest daily fall in nearly a month although investors showed muted response to more U.S. sanctions on Russia. Libya's National…
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday.Most vulnerable will be small fields…