Wave energy firm Mocean Energy said Tuesday it has opened a new dedicated office in Aberdeen to meet rising oil and gas industry interest in the decarbonization of North Sea assets.The Edinburgh-based firm is working to develop a wave energy…
Crowley Maritime Corporation on Thursday opened a new Rhode Island office for its New Energy division, to advance the development and operation of offshore wind energy installations.The new office, the opening of which was announced by Crowley and Rhode Island Governor Dan McKee…
Energy industry services firm AGR has appointed Matt Street to the position of Well Engineering Manager, to be based at the company’s Aberdeen office in the UK. 'A senior energy industry professional who has worked on numerous well projects…
The Norwegian Petroleum Directorate said Friday it had hired Aibel's Ole Einar Hass as the head of the office in Harstad. He will start this job on October 1. 2021.Hass has management training from the Norwegian Armed Forces. He worked for the Norwegian Army for 19 years…
Top U.S. oil producer Exxon Mobil Corp is preparing to cut its U.S. office workforce by between 5% and 10% every year for the next three to five years, Bloomberg News reported on Monday citing people familiar with the matter.The job cuts will…
Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard Looney’s plan to shift to renewable energy following a bruising year of mass layoffs, bonus suspensions, and spending cuts.The distribution of the shares…
Two Norwegian offshore energy services firms Aker Solutions and Kvaerner said Monday that all conditions had been met for their proposed merger to proceed.The two companies announced the proposed merger in June. Under the terms, Aker Solutions will absorb all the assets…
Turkey dispatched a vessel to conduct a seismic survey in a disputed area in the eastern Mediterranean, a move which Greece said was illegal and is likely to heighten tensions between the two NATO allies.The advisory issued by the Turkish navy…
Manor Renewable Energy (MRE), a renewable energy services firm based in Portland, England, is expanding to the north, with a new office in Glasgow, Scotland.'The decision to open a new office in Glasgow was prompted by the growing renewable energy market…
Australia-based global engineering company Worley has signed two frame agreements with oil major BP for the provision of offshore engineering services.Worley said Wednesday that one frame agreement was for conceptual engineering and the other…
Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing the spread of the pandemic and its potential duration, and…
How cloud-based computing is transforming subsea surveyDigitalization has revolutionized the world, and hydrographic survey techniques are no exception. While advances in mechanical design have enabled the survey of increasingly remote locations…
Norway's oil and gas industry regulator has introduced restrictions with regard to the presence in its offices for persons who have been in areas with the prolonged spread of coronavirus.'If you have been in these areas during the last 14 days…
How cloud-based computing is transforming subsea surveyDigitalization has revolutionized the world, and hydrographic survey techniques are no exception. While advances in mechanical design have enabled the survey of increasingly remote locations…
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC meeting in Vienna.Timipre Sylva said he had told Saudi Energy Minister bin Salman…