People & Company News


Cairn Makes Second Senegal Find

Nov 11, 2014

Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…

Leavitt tapped to head Northrop Grumman Maritime Systems Business

Nov 10, 2014

Northrop Grumman Corporation (NYSE: NOC) named Todd Leavitt, vice president of the company's Maritime Systems business unit, effective immediately. Leavitt will have executive responsibility for all Maritime Systems programs and products.…

DSA Strengthens HSE Team

Nov 10, 2014

Drilling Services of America (DSA), the complete thru-tubing specialist, has added Dwayne Doucet as health, safety and environmental (HSE) director and Todd Whitley as senior technical advisor.  Doucet will be responsible for the continuous…

Cotton, Cox, Harris Receive '14 AOTOS Awards

Nov 10, 2014

The United Seamen's Service (USS) 2014 Admiral of the Ocean Sea Awards (AOTOS) were presented to Stephen Cotton, General Secretary of the International Transport Workers' Federation (ITF); Joseph J. Cox, President/CEO, Chamber of Shipping of America…

Phillips to Address SPE ICoTA Conference

Nov 10, 2014

Ian Phillips, chief executive of the Oil & Gas Innovation Centre (OGIC), will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries  at the 20th SPE ICoTA Well Intervention Conference in Aberdeen this week…

LR 's Sadler Wins Maritime Fellowship Award

Nov 10, 2014

Richard Sadler, CEO of Lloyd’s Register Group Ltd (LR), was honored with the Maritime Fellowship Award at the Maritime Foundation’s Maritime Media Awards.The Maritime Foundation is a charity promoting Britain’s interests across the entire maritime sector…

Bibby, USM Target China Growth with New JV

Nov 10, 2014

Bibby Ship Management formed a strategic alliance with Singapore-based United Ship Management to capitalize on opportunities in the Chinese market.Bibby-USM Shipping Pte Ltd., as the new joint venture will be known, was set up as an independent…

Fracking Inquiry Puts Aussie Energy at Risk

Nov 10, 2014

The South Australian Liberal Party risks damaging investor and public confidence in the natural gas industry by moving to establish a Parliamentary inquiry into hydraulic fracturing – an industry practice that has been used safely in the State for many decades…

Additional Fosun Reps Appointed on ROC Board

Nov 10, 2014

The Board of Roc Oil Company Limited (ROC) has today announced the appointment of Dr Yuanlin JIANG, Mr Yao XU and Mr Qunbin WANG as Non-Executive Directors of ROC, as nominees of Transcendent Resources Limited (Fosun), a wholly-owned subsidiary…

MHI to Transfer Ownership Stake to MEG

Nov 09, 2014

Mitsubishi Heavy Industries, Ltd. (MHI) yesterday concluded an agreement with Miyaji Engineering Group, Inc. (MEG) whereby, effective April 1, 2015, MHI will transfer a 51% ownership stake in Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co…

Egypt, Greece, Cyprus Pledge More Energy Cooperation

Nov 09, 2014

Egypt, facing its worst power crisis in decades, on Saturday pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus.Cypriot President…

In Gazprom Deal, JPMorgan Takes on Business

Nov 09, 2014

When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian gas producer Gazprom OAO, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.Gazprom faces U.S. sanctions after the U…

Natural Gas Workers in Peru May Strike

Nov 09, 2014

Natural gas workers in Peru, South America's biggest exporter of liquefied natural gas, said on Friday they had pulled out of wage talks with Argentine energy company Pluspetrol and would vote on a possible strike in a few weeks.Pluspetrol leads the consortium that taps Peru's Camisea fields…

Fortis' Perry to Present at EEI Conference

Nov 08, 2014

Fortis Inc. President and Incoming CEO, Barry Perry, will present at the 49th Edison Electric Institute (EEI) Financial Conference in Dallas, Texas on Thursday, November 13, 2014 between 9:00 am and 9:40 am (Central Time).   A live and…

Aker Not to lay off Staff

Nov 08, 2014

Norwegian broadcaster NRK today reported that Aker Solutions' fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. While it is common practice at the yard to adjust the temporary workforce to existing activity levels…

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