Offshore Energy News

 

CMR Group Makes Two Senior Appointments

Nov 17, 2016

CMR Group, the control instrumentation and electrical engineering specialist, has announced two senior appointments as it continues to develop and expand its global operations.Jean-François Michel has joined as vice-president in charge of production…

Maersk Drilling to Pilot GE’s Marine Data Analytic Tools

Nov 16, 2016

GE and Maersk Drilling have partnered for a data analytic-driven pilot project that aims to increase Maersk’s drilling vessels’ productivity and reduce maintenance costs by up to 20 percent. The two companies have collaborated to deploy SeaStream Insight…

FlexMoT for Monitoring & Detection of Offshore leaks

Nov 11, 2016

Leaks on offshore platforms present a hazard to the marine environment and human health. The monitoring system FlexMoT will detect irregularities and provide a warning system for disasters. The system was presented at this year’s OCEANS’16 in Monterey…

Clarksons Platou's Inaugural Seminar at DMCA’s Dubai Maritime Week

Oct 31, 2016

The Dubai Maritime City Authority (DMCA) is set to facilitate a first-of-its-kind seminar dedicated to Middle East shipping and offshore activities. The event will be conducted by Clarksons Platou, a global leader in maritime brokerage and investment banking…

Singapore Strengthens Maritime Ties with Norway

Oct 11, 2016

The Maritime and Port Authority of Singapore (MPA), represented by Chief Executive, Andrew Tan, signed a Joint Statement with the Norwegian Ministry of Trade, Industry and Fisheries on October 10 during the State Visit by President Tony Tan Keng Yam to Norway…

McNeel to Replace Lieungh as Sevan Marine CEO

Oct 10, 2016

Carl Lieungh will step down as CEO of Sevan Marine ASA effective January 1, 2017. The company’s board of directors has appointed current CFO Reese McNeel to take up the CEO role while continuing to carry out the CFO function. Under the agreement reached between Lieungh and the board…

ASRY Woos Back Greek Major Owner

Oct 10, 2016

ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’…

DONG Energy to Build Hub for UK Offshore Wind

Sep 22, 2016

Denmark's DONG Energy said on Thursday it would build a multi-million-dollar maintenance hub in Grimsby, northeast England, to provide services for its offshore wind operations.The new facility would, subject to planning approval, be built…

Chet Morrison Partners on Riser Project

Sep 21, 2016

Chet Morrison Contractors’ Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers. By…

IUMI: Gloomy Outlook for Offshore Energy Insurance Sector

Sep 21, 2016

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMISpeaking at yesterday’s IUMI Genova conference, Simon Williams, Chairman of IUMI’s offshore energy committee, warned that…

InterMoor Appoints Price as Canada Country Manager

Sep 19, 2016

InterMoor, an Acteon company, has appointed Joe Price as Country Manager for InterMoor Canada based in St. John’s, Newfoundland, the regional hub for the Canadian offshore oil and gas sector.Price, a native Newfoundlander, is a graduate…

Cost Reduction of Well Construction on UK Continental Shelf

Sep 13, 2016

Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low. However, collective industry efforts are already focusing in on how a reduction…

VBR Supports South Louisiana Flood Victims

Sep 13, 2016

Variable Bore Rams Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is lending support to communities in the southern Louisiana disaster zone in the wake of recent flooding. President of VBR…

DNV GL Launches New Approach to Manage Uncertainty in Risk Assessment

Aug 30, 2016

There is increasing emphasis from regulators on addressing uncertainty in risk assessments to improve safety. DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’, describes an improved risk management approach…

McDermott Uses Allocate Software to Manage Global Talent

Aug 24, 2016

Allocate Software, a provider of offshore and maritime workforce management software, announced McDermott International Inc successfully deployed the company’s Offshore Suite, creating a central skills matrix that harnesses the talents of its…

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

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