Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula.According to data collected on a statistical portal Patchwork Barents, regions of Ostrobothnia and Lapland…
North Sea helicopter pilots, vital for transporting offshore oil workers to and from platforms, threatened on Thursday to go on strike unless their employers improve voluntary redundancy terms in view of threatened job cuts caused by the low oil price…
In a meeting in the Corporate Assembly of Statoil ASA on August 20, 2015, Wenche Agerup was elected as a new member of Statoil's board of directors.Wenche Agerup was the Executive Vice President for Corporate Staffs and the General Counsel of Norsk Hydro ASA from 2010 to December 31…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…
Viking Supply Ships AB has today appointed Ulrik Hegelund as Chief Financial Officer (CFO). Mr. Hegelund will also act as CFO in Viking Supply Ships A/S, and will take over the responsibilities as CFO in both companies as of 1st September…
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years…
Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd today jointly announced having entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market.The LNG Carrier Pool allows…
COSCO Shipping Company Limited (COSCOL) signed a contract with Shell Offshore Inc. on 6 July 2015, for the transportation of the Appomattox semi-submersible offshore platform hull from South Korea to Ingleside…
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress…
Havyard Group ASA is taking further measures to adapt to the market situation and maintain the Group's profitability, thereby securing jobs for the futureAll business areas in Havyard Group have been affected to a varying degree by the general downturn in the market in the oil industry…
The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions.Environment Minister…
Pursuant to today's Notice of AGM, Shareholders are advised to note certain changes to the proposed Board.Chairman, Sir Frank Chapman, has decided not to stand for re-election at the forthcoming AGM, to release the two days a week he currently commits to Golar to focus on other interests…
BP's book leader for Asia crude trading, Chu Said Thong, will retire from the company in the fourth quarter, two traders with knowledge of the matter said on Friday.Chu, who worked at BP during most of his career, is well-known for playing a key role in the Asia-Pacific crude market…
ASV is delighted to announce that James Hailstones has joined the team as the company expands its reach into the Offshore Energy market. Based in Aberdeen, James will lead industry engagement as more firms look to introduce Autonomous Surface Vehicles into their operations…
BHP Billiton Chairman, Jac Nasser, today announced a number of changes to the BHP Billiton Board of Directors.Anita Frew has been appointed to the BHP Billiton Board as an independent Non-executive Director, effective as of 15 September 2015…
