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Offshore News

 

CFO of Genel Energy to Retire

Feb 03, 2015

Julian Metherell has informed the board of Directors of Genel Energy plc of his intention to retire from the Company, with effect from the close of the Annual General Meeting on 21st April 2015. Julian Metherell's successor as Chief Financial Officer will be Ben Monaghan…

Sortland Named CEO of Global Maritime Group

Feb 02, 2015

Global Maritime Group has appointed Peder Sortland as its first CEO.Sortland comes from the post of CEO at Apply ASA, and knows part of the group well from holding the position as chair of Global Maritime AS since April 2014. Before joining Apply in 2012…

Carimin Wins Petronas Spot Charter

Feb 02, 2015

Carimin Petroleum Berhad one of the leading providers of offshore oil and gas (O&G) support services in Malaysia, has received an umbrella contract for provision of spot charter marine vessel services from Petronas Carigali Sdn Bhd (PCSB)…

Drydocks World Berths Record 9 Rigs

Feb 02, 2015

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard.“Drydocks World is proud of our…

Island Performer Ready for the US

Feb 02, 2015

The subsea vessel Island Performer has been upgraded for her next assignment in the US. Ulstein Verft has installed cargo tanks and corresponding piping, a switchboard room for deck equipment and the sea fastening frame for stacks, as well as platforms for the tower winches…

Barril Appointed COO of SBM Offshore

Feb 01, 2015

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015.  Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15…

Chevron Budgets $35.0 Bi for Capital, Exploration

Jan 31, 2015

Chevron Corporation (NYSE:CVX) today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron…

Sjo Resigns from Polarcus Board of Directors

Jan 30, 2015

Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015. Sjo has accepted an appointment as Deputy Director General in the Norwegian Ministry of Trade, Industry and Fisheries, and is therefore unable to continue as a board member at Polarcus…

Norway's Oil Sector Repeating Mistakes of last Downturn?

Jan 29, 2015

Some 10 pct of oil workers laid off; Energy sector at risk of cutting too much.Norway's offshore energy sector may be repeating the mistakes of the last big oil slump, removing too much capacity too soon and leaving the industry unprepared for any eventual rebound…

Fender Repairs Works for Dolphins at Hong Kong

Jan 29, 2015

For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter.The works will be carried out by a crane barge. Only one dolphin will be occupied for the works at a time…

Stirling to Host O&G Safety Course

Jan 28, 2015

Stirling Group is offering a new course to meet the needs of those with safety responsibilities and duties within the oil and gas industry.The organization has recently been approved to deliver the highly regarded NEBOSH International Technical…

Wärtsilä Propulsion Solution for 3 Tugs

Jan 28, 2015

Three large new escort tugs contracted by Norwegian operator Østensjø Rederi, will feature Wärtsilä dual-fuel (DF) engines integrated with a customized gas storage and supply system also supplied by Wärtsilä. The tugs will operate primarily…

Drillsearch Reports Robust Performance

Jan 28, 2015

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 to Buy PSV

Jan 28, 2015

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…

Hooker, Marschner Join CWind Sales Team

Jan 27, 2015

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…

Logistics News

MarAd Inks Pact to Move on Maritime Nuclear Power

MarAd Inks Pact to Move on Maritime Nuclear Power

UAE Trade Pause, US Sanctions Threaten Indian Exports to Iran

UAE Trade Pause, US Sanctions Threaten Indian Exports to Iran

Russian Wheat Prices Drop, Shipments to Reach 16-Year Low

Russian Wheat Prices Drop, Shipments to Reach 16-Year Low

Perfect Storm: High Bunker Prices Meet Declining Fuel Quality

Perfect Storm: High Bunker Prices Meet Declining Fuel Quality

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