The U.S. needs a better strategy to coordinate and prioritize its policies related to the Arctic region, according to a Government Accountability Office (GAO) study out today that was released by Reps. Rick Larsen (WA-02), Tim Bishop (NY-01)…
Sir Richard Branson is a last minute addition to the list of speakers at All-Energy 2014. The U.K.’s renewable energy exhibition and conference is being held at Aberdeen Exhibition and Conference Centre (AECC), May 21-22. Speaking live from his renowned Necker Island base…
An EPC contract for a production unit can easily exceed $1 billion – and $3 billion for an FPSO has recently been breached. Overall, this is a $20 to $30 billion annual market. But, as described below, the sector is hitting some headwinds that could impact future business opportunities…
Around a 190 oil workers of ExxonMobil in Norway would go on strike from June 16 if government mediation on wages and pensions fail, labor union SAFE said in a statement on Wednesday.Talks between Norwegian oil firms and two key unions broke…
MTS President-elect Dr. Richard (Rick) Spinrad will be stepping down from his MTS position as he is named chief scientist of the National Oceanic and Atmospheric Administration (NOAA). President Barack Obama announced the appointment May 8, 2014…
Director Brian Salerno spoke to attendees at the 2014 Offshore technology Conference about technology and the role of the regulator: his remarks, as prepared for delivery, are set out below:'So we are here at OTC, surrounded by extraordinary…
Hayward also CEO of London-listed oil firm Genel. Source: Hayward will eventually step down from Genel. Genel declines to comment.Glencore Xstrata named Tony Hayward, the ex-BP chief severely criticized for his role in the Gulf of Mexico oil spill…
DNV GL inform that they are leading a broad industry collaboration to address structural well integrity.Fatigue loading on subsea wellhead systems from riser and rig motions has been subject to increased attention in recent years. In an…
Approximately 100,000 people will attend the Offshore Tecnhology Conference (OTC) in Houston this week where Ulstein is among roughly 80 Norwegian companies that are included.“U.S.A. is an increasingly important area of growth, and we see the importance of being present…
Diamond Petroleum Ventures LLC (DPV), a thermal unit provider based in Lafayette, Louisiana, has appointed Em Roosevelt as technical sales representative. Roosevelt is responsible for direct sales and account management and will work toward…
As part of its continuing response to the Deepwater Horizon incident, the U.S. Coast Guard's notice of recommended interim voluntary guidelines concerning fire and explosion analyses for MODUs published in the Federal RegisterThe Federal Register Friday published the U…
CWind, a provider of integrated services to the offshore wind industry, announced that Chris Randle, formerly of Siemens Wind Power, has been appointed as Executive Chairman of the Board of Directors.Andy White, Non-Executive Director of…
Offshore exploration is a history of man v. nature, with ever bigger technology and investment Prospecting for oil is a dynamic art. The greatest single element in all prospecting, past, present and future, is the man willing to take a chance…
Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…
Oil rebounded towards $109 a barrel on Tuesday a day after prospects of a return of Libyan supply prompted its biggest daily fall in nearly a month although investors showed muted response to more U.S. sanctions on Russia. Libya's National…
