Russia may allow more oil companies to access its offshore projects, Energy Minister Alexander Novak said on Friday. 'In general, the access can be extended,' Novak told reporters in Moscow. An existing law stipulates that only state…
AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors.AKD partner Haco van der Houven van Oordt says…
Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.The board will vote on the nomination at a shareholder's meeting on April 29…
The head of the U.S. Chemical Safety Board has resigned weeks after lawmakers with oversight of his agency accused him of hostility toward his staff, a White House official said on Thursday.Rafael Moure-Eraso stepped down from his role as chairman of the CSB…
Tore Sjursen will assume the position as executive vice president for operational improvement and risk management at Aker Solutions on April 1. Knut Sandvik will at the same time replace Sjursen as head of the company's maintenance, modifications and operations business…
Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday Luciano Coutinho, the head of Brazil's state development bank BNDES, will be its new chairman. Coutinho will replace former finance minister Guido Mantega as chairman…
Mammoet concludes multi-year heavy lifting and transport project for refinery in Cartagena, Colombia Mammoet USA informs it has completed a heavy lifting and transport project at the largest refinery in Colombia, the Reficar Refinery. Mammoet…
Rail transport activists, analysts and environmentalists get a real taste of what the waterfront has endured for decades. They’ll just have to get in line with the rest of us. This week finds the collective domestic oil industry wringing…
Greene’s Energy Group, LLC (GEG), a leading provider of integrated testing, rentals and specialty services, has reached its corporate goal of one million consecutive safe work hours. “I am pleased to announce that on March 16, 2015, we reached this important milestone…
Damen Shipyards Group has become the latest member of the World Ocean Council (WOC).Damen is the first European shipbuilder to join the WOC, the international business leadership alliance on ocean sustainability, science and stewardship…
ASV Ltd, in partnership with nine other commercial and research organisations, have been awarded funding by Innovate UK to undertake in excess of £3million worth of research and development for Maritime Autonomous Systems (MAS). Three…
This past summer produced an order for the world’s first very large ethane carrier (VLEC), shining the industry spotlight on a traditionally niche gas sector whose promise had grown to require a dedicated fleet of ships for intercontinental trade…
Wärtsilä has been selected as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe with effect from 23 March 2015. This is a remarkable continuation to the recognition Wärtsilä received from Forum Ethibel in September 2014…
Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) of Statoil as of 1 April.Opedal will be responsible the corporate improvement…
FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed…
