Energy News - page 223


Barclay's Oil & Gas: Cautiously Optimistic

Nov 21, 2011

Walter Cumming, head of oil and gas, Barclays Corporate, weighs in. The theme of cautious optimism remains as we move towards the end of the year and all eyes are on the 2012 budget as the industry hopes to see longer-term certainty and clarity in areas such as decommissioning…

SWIRE Appoints New UK Operations Director

Nov 15, 2011

Swire Oilfield Services, a provider of offshore cargo carrying units and associated services, has appointed Michael King as its new UK operations director.  In his new role, Mr. King will ensure that the operational capability is fully developed…

Salazar Names RADM Watson BSEE Director

Nov 15, 2011

Secretary of the Interior Ken Salazar today named Rear Admiral James A. Watson IV as the Director of the Bureau of Safety and Environmental Enforcement (BSEE). BSEE was one of the two agencies to succeed the Bureau of Ocean Energy Management…

Global Oil Demand Revised Downward

Nov 10, 2011

According to the International Energy Agency’s Monthly Oil Market Report, global demand for oil usage has been adjusted slightly downward, as persistent economic uncertainty and sustained high oil prices have simultaneously thwarted demand’s previous trek upward…

Smart Shipping 2011: A Different Viewpoint

Nov 05, 2011

Wilhelmsen Ships Service’ (WSS) was a sponsor of last month’s Smart Shipping event in Singapore, with Business Director Ships Agency Frederic Fontarosa describing it as an ‘essential conference for the industry which is certain to root itself firmly in the international maritime events calendar’…

Siemens Ups Stake in Offshore Renewables

Nov 04, 2011

British tidal energy company, Marine Current Turbines Ltd, announced that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively…

Veripos Appoints Scott as Regional Manager

Nov 03, 2011

Aberdeen-based Veripos, the leading supplier of GNSS positioning services to the world offshore industry, has appointed Angus Scott as Regional Manager of its Europe, Africa and Middle East (EAME) division. Reporting to company Managing Director Walter Steedman…

Tidewater Reports 2Q Results For FY-2012

Nov 02, 2011

Tidewater Inc. announced today a second quarter net loss for the period ended September 30, 2011, of $4.9 million, or $0.09 per share, on revenues of $250.9 million. For the same quarter last year, net earnings were $19.4 million, or $0…

Transocean in U.S. Federal Court on BP Obligations

Nov 01, 2011

Transocean Files Motion for Summary Judgment in U.S. Federal Court to Compel BP to Honor Its Contractual Indemnity Obligations Transocean Offshore Deepwater Drilling Inc. (TODDI), a subsidiary of Transocean Ltd., today filed a motion for…

RBG Appoints New Finance Director

Oct 28, 2011

RBG, the leading provider of assess, inspect and repair (AIR) services to the global energy industry that was recently acquired by Stork Technical Services (STS), has appointed Sandeep Sharma as its new finance director.Mr Sharma is responsible for leading RBG’s global financial management…

Statoil: Third quarter 2011 Results

Oct 27, 2011

Statoil's third quarter 2011 net operating income was NOK 39.3 billion, a 39% increase compared to NOK 28.2 billion in the third quarter of 2010. 'Statoil delivered strong financial results in the third quarter of 2011, reflecting operational…

OPT to Showcase Innovation in Spain

Oct 25, 2011

Ocean Power Technologies, Inc. (Nasdaq: OPTT) launched of a new technology initiative to enhance the efficiency of its patented PowerBuoy wave energy systems under its existing “WavePort” project. OPT will be working with a consortium of European…

BIMCO: Download the New EEDI Calculator

Oct 19, 2011

Development and verification testing is now completed for the first version of the BIMCO EEDI Calculator which is now ready for download from the BIMCO web site. BIMCO has developed the easy-to-use EEDI Calculator to assist its members calculating…

Linge to Head Senergy Oslo Office

Oct 19, 2011

Senergy has reinforced its growing Norwegian footprint by opening new business premises in Oslo. The company has also appointed highly-regarded industry  figure, Frode Linge, to head up its new regional office as project/asset manager. The announcement…

AREG Members Tackle Renewable Challenges

Oct 19, 2011

Asset integrity and initiatives to tackle skills shortages are among the subjects to be discussed when Aberdeen City and Shire’s leading renewable energy industry body hosts a business seminar in Aberdeen today (Tuesday, October 18). Leading…

Logistics News

Hong Kong Fire Service gets new Emergency Boat

Hong Kong Fire Service gets new Emergency Boat

Africa’s Mining Industry Providing Opportunities for Bulk Shipping

Africa’s Mining Industry Providing Opportunities for Bulk Shipping

Saudi Global Ports Adds New Cranes

Saudi Global Ports Adds New Cranes

DP World Romania Doubles Container Shipping Capacity in Black Sea Port

DP World Romania Doubles Container Shipping Capacity in Black Sea Port

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