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…
Maersk Drilling delivered a profit of USD 218m (USD 117m) in the second quarter of 2015. The result was positively impacted by continued strong operational performance, fleet growth, general cost savings and a USD 29m payment related to the divestment of the Venezuelan activities in 2014…
• Marked improvement in performance as losses after tax for 2Q2015 reduced to US$2.5 million from US$13.3 million in 1Q2015.• Group secured new chartering contracts worth a total of US$132.2 million in 2Q2015 and that brought total order book to US$307…
Odd Arne Slettebø, CFO of Noreco since November 2014, has handed in his resignation and his employment will cease on 31 October.Since Mr. Slettebø joined Noreco in 2012 he has played a central role within accounting, compliance and the restructuring processes during the past years…
The Short-Term Energy Outlook (STEO) released on August 11 forecasts that North Sea Brent crude oil prices will average $54 per barrel (b) in 2015 and $59/b in 2016, which is $6/b and $8/b lower than projected in last month’s STEO, respectively (Figure 1)…
Former BP PLC Chief Executive John Browne said fellow FTSE 100 giant Royal Dutch Shell PLC is risking its long term reputation and finances by deciding to drill n the Arctic, the BBC reported. But the CEO of Royal Dutch Shell says he decided…
The value of the initiative also recognized by the UAE government Trieste, 12 August 2015 - As part of a program of international cooperation with the United Arab Emirates, Fincantieri has done in recent weeks in Genoa, at the headquarters of CETENA - Center for the Study of Marine engineering…
Shell has informed the U.S. Bureau of Safety and Environmental Enforcement (BSEE) that it is set to restart its controversial hunt for Arctic oil, three years after the company’s last ill-fated venture north, reports The Guardian. “Fennica…
North American Marine Environment Protection Association (NAMEPA) is set to present “Safety in the Arctic”, a seminar addressing topics of preparedness, prevention and protection specific to the Arctic waters. The event will take place at the Hotel Captain Cook on August 13…
Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won.Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair…
The Board of Directors of Sulzer was surprised to hear of Klaus Stahlmann's personal decision to step down as CEO of Sulzer AG. The Board of Directors acknowledges Mr. Stahlmann's contribution to Sulzer's realignment, but in the interests…
