Genel Energy plc announces that Jim Leng has indicated his intention to retire from the Board of Genel at the AGM in April 2016. Jim Leng has served over five years at Genel as Non-Executive Director, Senior Independent Director and as Chairman of the Remuneration Committee…
Three heavy weights have come together in the Middle East to promote LNG as marine fuel in the region - Qatargas, the Maersk Group and Royal Dutch Shell Plc signing a memorandum of understanding to explore future opportunities. All three…
In recent days, tankers chartered by several European companies such as Total, Litasco, and Cepsa were monitored loading crude at Kharg Island, a major Iranian loading port, according to Genscape. The vessels are bound for European destinations…
Straightpoint Inc. has named Myron Jones operations manager, as the former CEO of NMB Technologies joins the Camarillo, California-based load cell manufacturer.Jones brings a wealth of experience from the electromechanical components and aerospace industries…
GAC has reinforced its long-term commitment to the oil & gas industry with the addition of a Group Vendor Manager to its dedicated Oil & Gas team.Based at the Corporate HQ in Jebel Ali, Dubai, Madhu Vallur, oversees third party suppliers and agents GAC works with to support the sector…
Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with Dolphin Energy for drilling rig services. The contract was signed by Mubarak A al-Hajri…
Technip has been recognized as industry leader and has received Gold Class distinction for its sustainability performance in the ‘Energy Equipment and Services’ sector according to the 2016 RobecoSAM Sustainability Yearbook. Technip has been…
Forth Ports Limited announced today that it plans to make the largest investment in the history of the Port of Dundee. The port owner is to invest more than £10 million to create a new quayside with an industry-leading “heavy lift” capability…
With profit margins under pressure, oil and gas companies are focused on getting more out of existing assets while significantly reducing capital expenditure. Recent data shows that a 5% improvement in Opex could save £490 million on the UK Continental Shelf alone…
According to a weekly update from the U.S. Energy Information Administration (EIA), an oversupply of European distillates is raising the amount of product being held in floating storage, and also causing changes to shipping routes to slow delivery to the continent…
The National Oceanographic Partnership Program (NOPP) will present the 2015 Excellence in Partnering Award to 17 organizations involved in the Atlantic Canyons study during Ocean Sciences 2016 in New Orleans. The ceremony will take place on Tuesday…
Adani Enterprises Ltd, the flagship company of the Adani Group, a global integrated infrastructure player, was today awarded the prestigious “Energy and Environment Foundation Global CSR Awards 2016” in the Platinum category. The Award was presented…
The tanker company Norstar is setting up a new Commercial Management joint venture based in Westport Connecticut USA named Norstar Chartering (USA) LLC. The new entity is a collaboration between brothers Chris and Tom Bonehill, principals…
In a low oil price environment it is more important than ever for collaboration between disciplines to deliver value, as well as inspiring the next generation of geoscientists and engineers. Members of Statoil’s Aberdeen team are set to…
Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deepwater dive support vessel (DSV). The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), a professional salvage company in China…