Press release - Offshore energy support vessel operator Seacat Services announced the graduation of the first group of young seafarers from its Maritime Apprenticeship program. The graduates have taken the first step toward long-term careers…
Swire Pacific Offshore (SPO) announces a change in leadership with the appointment of a new Managing Director in Singapore. Mr Ron Mathison has taken over the helm as the new Managing Director on Monday, 21st September 2015. Mr Mathison…
Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI). With impressive pedigrees in innovation and technology in the subsea industry, these new board members will…
Norwegian oil and gas firm Statoil plans to have 20 percent fewer employees by end-2016 compared to the beginning of 2015, its chief executive said on Monday.'Suppliers have to take their responsibility to cut costs. We are also taking our part in the restructuring…
UK offshore vessel owner Subsea contractor Ceona has gone into administration, with the loss of 102 jobs. Ceona and Ceona Services (UK) Ltd have been hit by the depressed subsea market caused by the low price of Brent crude oil. The…
Mexico's finance ministry announced the minimum fiscal terms companies will be required to meet in order to win development rights in an upcoming oil auction, as the country seeks to lure investment despite slumping crude prices. The ministry…
Spectrum ASA entered into a Multi-client master co-operation agreement with the federal government of Somalia during a signing ceremony on September 5th at the SYL Hotel, Mogadishu.The agreement allows Spectrum to acquire approximately 28…
French oilfield services provider Technip SA said it has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd or PCSB for D18 Project. The project covers the procurement and installation…
Richard Benzie has been appointed Technical Director of the International Marine Contractors Association (IMCA) to replace Jane Bugler who retires at the end of this month after 18 years in the role. Benzie will join IMCA in the near future…
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification.The Aberdeen-based academy…
Iran has received a proposal from Spain to use its terminals to export Liquefied natural gas (LNG) to Europe, reports Press TV The proposal was discussed during the meeting of Iran’s Oil Minister Bijan Zangeneh with the visiting Spanish Minister of Industry…
Transocean Ltd. today announced that Lars Sjöbring, Senior Vice President and General Counsel, has informed Transocean that he will be leaving the company. Mr. Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31…
Russia’s second-biggest gas producer Novatek is selling a 9.9 percent stake worth an estimated US$1.4 billion in its Yamal liquefied natural gas (LNG) project to a China’s Silk Road infrastructure fund, reports Reuters. The deal, first discussed in August…
Lars Sjöbring, Senior Vice President and General Counsel at Transocean Ltd., will be leaving the company, Transocean announced today.Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31, 2015…
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as group managing director. Charles replaces Aquatic’s former president, Chris Brooks, who has departed Aquatic after eight years. Charles joined Aquatic in 2014 as regional general manager…
