Eni to cut over 50 pct of refining capacity; could cut excess Europe capacity by a quarter. Unions fear eventual job losses.Plans by Italian oil major Eni to slash its refining business by more than half could squeeze out a quarter of Europe's refining overcapacity…
Optimus Seventh Generation Ltd., an Aberdeen headquartered behavioral change consultancy, recently secured two contracts to provide safety leadership training to clients including Bibby Ship Management in the North Sea, and a new Asia-based client…
Former Bank of England chief economist Spencer Dale is leaving the central bank, just two months after being moved to a new role, to become chief economist at oil major BP, the BoE said on Monday.Dale spent six years as the central bank's chief economist…
Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Following are highlights for this period and excerpts from the Company's future outlook: 2Q2014 Upstream revenue and EBITDA…
In a move to expand its presence in the European energy markets, Ferguson Group, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules, engineering modules and accommodation solutions to the global offshore energy industry…
Semco Maritime and PetroVietnam Marine Shipyard join forces to establish high class rig upgrade player in South East Asia - Vung Tau Rig Services. The initiative shall tap into the growing market for rig upgrades in the region. Semco…
Scottish marine specialist Maritime Assurance & Consulting (MAC) said it has taken the next significant step in the company’s growth strategy with its first appointment in the U.S.Chad Fuhrmann joins the Aberdeen-based firm as Business Director…
Claxton Engineering Services, an Acteon company, has appointed Martin Jolley as vice president sales and commercial to spearhead its global sales and commercial strategy. Providing leadership and vision to direct the company’s sales, marketing…
Former OPEC secretary general Dr. Alhaji Rilwanu Lukman, who led the oil producer group between 1995 and 2000, passed away in the early hours of Monday in Vienna, the organization said in a statement. He was 75.Nigeria-born Lukman's career in the oil industry spanned five decades…
Petroleum engineers are among the best paid professionals in the United States. Only chief executives and some specialist doctors earned more last year, according to federal government pay data.Petroleum engineers were paid an average of $132…
Chevron will cut about 225 jobs in its North Sea oil operations in Aberdeen, Scotland following a review of its business, the company said on Wednesday.The jobs reduction will include contractors, employees and expatriates, it said in a statement to Reuters…
Siemens Wind Power said on Wednesday two senior executives will leave the company, one to a firm in Denmark, a leading producer of wind turbines and a major consumer of renewable energy.A spokesman from Siemens Wind Power, a Denmark-based unit of Siemens AG…
Wild Well Control, Inc. announced that BEARCO International’s personnel will be joining with Wild Well’s well control engineering group, bringing the relief well expertise of John Wright, Jim Woodruff and Bill McElduff on board to further enhance…
Transocean Ltd. said it is to convene an Extraordinary General Meeting (EGM) of Shareholders September 22, 2014, in Zug, Switzerland, to approve Miller's appointment as follows:Assuming Miller is elected by shareholders at the EGM, the board intends to designate him as Vice Chairman…
EFC Group, a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, has appointed Anand Puthran as its managing director, a newly created role for the company.Anand joins…
