Drillsearch delivered a strong operating performance in the December quarter against a backdrop of challenging conditions that affected the oil and gas sector globally.Production of 0.79 million barrels of oil equivalent (mmboe) in the…
Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Company Limited, has signed a contract to buy a 2015-built 4000 dwt Platform Supply Vessel (PSV). The vessel is expected to join the Company’s fleet during Q4FY2015…
CWind has appointed Ben Hooker as Sales Manager U.K. and Stefan Marschner as Sales Manager Germany. Hooker and Marschner will play key roles in developing CWind’s customer relationships and will support the delivery of the business’s portfolio of services…
Videotel has developed a training course designed to guide maritime personnel in addressing one of the industry’s most important issues: energy management. Experts agree that effective energy management is not just good business practice but…
As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail…
Maersk Line has been re-certified as an Authorised Economic Operator (AEO) with the AEO-F, the highest achievable accreditation in the European Union programme. The status benefits customers in several ways.The AEO-F certificate is granted…
Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board at the Annual General Meeting of Shareholders (AGM) to be held on 30 April 2015…
Eleven individuals and organizations have been named as winners of the 2014 Walter B. Jones Memorial Awards for Excellence in Coastal Ocean Resource Management, an award given by NOAA’sOffice for Coastal Management for exemplary leadership…
U.S. oil company Apache Corp announced the retirement of Chief Executive Steve Farris, effective Tuesday, and named John Christmann, chief operating officer - North America, as his replacement.Farris, who has helmed Apache for 14 years,…
Adrian Bannister has been appointed as chief financial officer (CFO) of the OEG Offshore group of companies.Bannister will assume responsibility for the group's global finance team activity, including accounting, taxation, regulatory and reporting matters for OEG worldwide…
In preparation for a possible tropical cyclone, Broome Port was closed to shipping at 1700 hours local time yesterday (18 January) and Port Hedland is considering port evacuation from today (19 January).A Tropical Low is currently over…
The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident…
Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…
The Offshore Marine Service Association (OMSA) issued a statement regarding Senator John McCain’s proposal allowing foreign-built vessels to take over marine transportation in the United States, stating the amendment would gut U.S. shipbuilding while outsourcing jobs and security…
Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…