Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the 'PSC') and with BP Exploration & Production Inc. and BP America Production Co. ('BP'). These settlements together…
ABB announced today it will start production of robots in the United States, making it the first global industrial robotics company to fully commit to and invest in a North American robotics manufacturing footprint. The company made the announcement…
India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company. The appointment follows the former Chairman and Director of the company Board…
The National Ocean Industries Association (NOIA) promoted Megan Bel Miller to Vice President for Government and Political Affairs to lead its Congressional relations and Political Action Committee. Megan joined the NOIA staff in May 2013 as Senior Director…
On May 18th, 2015, the Damen-built ART 80-32 Hybrid RotortugRT Evolution was named at the Greenwich Ship Tier in London during the cocktail reception of ‘Tugnology Conference’.Mrs Elizabeth Brunton-Reed, spouse of The ABR Company’s Chairman Mr Allan Brunton-Reed…
Liquefied Natural Gas Limited announced the placement of 40 million fully paid ordinary shares in the capital of LNGL, which has raised A$174 million before costs (Placement). Use of Proceeds The proceeds of the Placement will be…
Schaffner EMC introduces new literature detailing the company’s ECOsin Active harmonic filters with Germanischer Lloyd approval. This proven technology injects corrective current to immediately compensate harmonics, phase-shift and load-imbalance…
British oil major BP and China’s Sinopec Fuel Oil have formed a marine fuels bunkering joint venture (JV), BP Sinopec Marine Fuels Pte Ltd. Under the deal, the 50-50 percent joint venture, BP Sinopec Marine Fuels Pte Ltd, would be based in Singapore and provide ship fuel storage and sales…
Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying. This would be the first LNG deal between the world's two biggest energy users…
DNV GL has developed a new unmanned floating LNG concept that it says overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how…
The Contender 35 ST made a splash by becoming Seakeeper's new demo boat and the first vessel to have a Seakeeper 3DC - the first battery-powered Seakeeper. While sea trialing in the ultimate weather conditions - 3 foot significant wave height…
British engineering group Rolls-Royce (RR.L) said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a 'broadly neutral' impact on 2015 profits. Rolls-Royce is in…
The North Sea oil and gas industry has been urged to buck the trend and prepare for growth in the near future. Attendees at an event organized by subsea intervention and commercial diving specialists K.D. Marine in Aberdeen recently, heard an upswing in oil price was imminent and…
Keppel Seghers Belgium N.V. and Keppel Seghers UK Limited (collectively, Keppel Seghers) have handed over Phase 2 of the Runcorn Energy-from-Waste (EfW) facility, in the UK, to the client.Runcorn EfW comprises two phases of equal capacity…
Seattleites took a dramatic stand, er paddle, against Arctic oil drilling. Local Native Americans and concerned citizens took to kayak and canoe and surrounded a giant, Arctic-bound Royal Dutch Shell oil drilling rig currently making a layover in the Port of Seattle…
