Former Eni manager Stefano Cao will be appointed chief executive of Italian oil service company Saipem to replace Umberto Vergine at a shareholder meeting in April, two sources close to the matter said.'There's a consensus in the company and government on this position…
An explosion at an oil field in southeastern New Mexico killed one worker and seriously injured another while the men were installing a drilling pipe on Wednesday afternoon, the Lea County undersheriff said on Thursday.The dead man was identified as James Rusty Harrison…
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…
ExxonMobil announced today that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online.“The Point Thomson field is a vital part of unlocking Alaska’s North Slope gas resources…
Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited. Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised…
The Maritime Administration of Malaysia has authorised IRClass to act as a‘Recognised Security Organisation’ (RSO) towards verification and approval of ship security plans and issuance/ endorsement of International Ship Security Certificates…
For the fourth consecutive year, Holland America Line, together with sister line Seabourn, was named among the World’s Most Ethical Companies by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices…
Damen licenses another U.S. shipbuilder Robert E. Derecktor Inc. and Damen Shipyard Group have entered into a license agreement authorizing Derecktor to act as an official builder of Damen designs. The agreement will see Derecktor offer…
Aiming to boost its operations in the Asia-Pacific territory, control instrumentation and electrical engineering specialist CMR Group has invested in a new Korea office. CMR Group Korea has opened in Busan under managing director Brian Kim who will be leading the company’s operation there…
Committee provides advice on agency’s navigation servicesNOAA administrator Kathryn Sullivan, Ph.D., has appointed six members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for…
Aspiring engineers will get the chance to participate at the MATE ROV Challenge, an international underwater machinery and robotics design competition held in St. John's, Canada between June 25 and 27. Subsea UK, which represents the £9 billion UK subsea industry…
Third ocean shipping executive pleads guilty to price fixing on ocean shipping services for cars and trucks An employee of Japan-based Nippon Yusen Kabushiki Kaisha (NYK) pleaded guilty today and was sentenced to 15 months in a U.S. prison for his involvement in a conspiracy to fix prices…
Danos executives have formed a Project Management Group (PMG) to provide a single point-of-contact for customers with large-scale projects involving multiple services lines.The PMG will streamline critical project communication as well as…
HYPACK, Inc. announced that Vitad Pradith has joined the HYPACK support team. In his new role, Pradith will work alongside HYPACk’s support team, providing customers with customer support, onsite trainings and system integration. Pradith…
The State University of New York Maritime College is officially open for business, after receiving formal designation as a tax-free area under Governor Andrew Cuomo’s START-UP NY program.In a March 2 letter to Maritime College President Michael A…
