North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…
Bourbon has been informed of a proposed bid for its shares at a price of 24 euros per share, announced March 16, 2014 by its main shareholder, Jaccar Holdings. This offer is conditional upon obtaining 50.1% of the capital and bank financing…
Statoil invited politicians, suppliers and other important stakeholders to Stavanger Concert Hall to share challenges and increase understanding for the changes that are the inevitable outcome of tighter margins in the oil and gas industry…
UTEC has announced a key addition to its UK team based in Aberdeen, Scotland, as Michael Noble has been named as the company’s Sales Manager UK and will be responsible for the organic growth of the company in existing and new service lines in the onshore/offshore survey market in North West Europe…
Inchcape Shipping Services (ISS), a maritime services provider has appointed Olivier Lavau-Wira as Vice President Sales, Marine Solutions, for its South and Central America region.Of French nationality and educated in Paris, Olivier has…
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject…
Building on the fruitful past decade of U.K.-Singapore cooperation in scientific research and development, A*STAR’s Institute of High Performance Computing (IHPC) and the Southampton Marine and Maritime Institute (SMMI) officially launched a…
Unique Maritime Group, an integrated turnkey subsea and offshore solution providers, has announced the joining of Scott Jamieson as the Group Business Development Manager for its Diving Division. He will be based at UMG’s head office in Sharjah…
Bibby Travel announced the acquisition of GAC Travel Limited with effect from March 1, 2014. The deal will see GAC Travel integrated within Bibby Travel, a trading division of Bibby Ship Management Ltd in western Europe.Ed Rimmer, Chief Executive Officer…
On February 20 and 21, 2014 Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and BSEE Alaska Region Director Mark Fesmire traveled to Bellingham, Wash. to meet with senior leaders from the U.S. Coast Guard and the…
A U.S. federal judge on Wednesday denied BP Plc's request to halt payments from the $2.3 billion fund it created to compensate commercial fishermen for financial losses after the British company's 2010 offshore oil spill, according to court records…
The 12,000 barrel-per-day (bpd) Harding oil platform in the UK North Sea is being shut down as a precaution after a worker fell off and died early on Thursday, a spokesman for operator TAQA said.'Production is being shut down,' the spokesman for the Abu Dhabi National Energy Co…
Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet…
Reuters - Chesapeake Energy Corp said it planned to cut drilling and well-completion costs by nearly $900 million in 2014 after reporting quarterly results that missed analysts' estimates.The No.2 U.S. natural gas producer, whose shares fell 3 percent in premarket trading…
(Reuters) Singapore's Sembcorp Marine Ltd, one of the largest offshore drilling rig producers in the world, said its net profit in the fourth quarter rose 9.2 percent as higher operating profit offset lower contributions from associates and joint ventures…
