Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development. Zentech’s President Ramesh Maini noted on August 28, “All the…
Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.The settlement, which includes legal fees, is subject to approval by the U…
This year’s SMM in Hamburg will see VIKING release more innovations than at any other point in its 50-year history, including new developments in PPE clothing, safety equipment outsourcing, onboard training solutions, and evacuation systems…
Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello.Wello has developed a floating vessel that captures energy from waves and converts it into electrical power with a generator…
ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today an innovative automation and power technology company with more than 5,000 employees in 30 locations…
Like many of her neighbours, Satomi Inokoshi worries that her gritty hometown is being spoiled by the newcomers and the money that have rolled into Iwaki since the Fukushima nuclear disaster almost three and a half years ago.'Iwaki is changing - and not for the good…
California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state.The bill would require railroads to notify the state's Office of Emergency Services…
Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment.Last week Greenpeace successfully headed off attempts by an oil company to complete controversial seismic testing…
Yesterday, a new club house for the Cleveland Juniors Football Club in Middlesbrough in northern England was officially opened. With support from RWE Dea, the Football Foundation and other sponsors, Lionsraw collected a total of GBP 418,000…
As part of a large-scale summer Arctic research expedition 'Kara-Summer - 2014' a meteorological station was installed that meets the latest modern requirements for such equipment, on the island of Uedinenie. Thus, the expedition organized by…
Circulation Solutions, LLC, a products company specializing in wellbore integrity, has promoted Zach Grichor to vice president of business development and Mark Laurent to vice president of operations.Grichor will remain in Houston where…
IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished…
Lamprell today announced its financial results for the first half of 2014, reporting results ahead of expectations due to strong operational performance and early results from savings initiatives, generating improved margins.Revenues rose by $125…
The Australian Government today announced $21.5 million funding for 12 cutting edge R&D projects that will keep Australia at the forefront of solar research. Parliamentary Secretary for Industry Bob Baldwin made the announcement at an Australian…
On 22 July 2014, the Board of Directors of Euronav NV unanimously appointed Peter G. Livanos as Chairman of the Board, with immediate effect in replacement of Marc Saverys who was appointed Vice Chairman of the Board of Directors.Saverys said…
