Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948…
Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced it has been involved in deals providing funding for acquisitions and…
The U.S. lags behind Europe in the development of offshore wind (OSW) projects in part due to the lack of a mandatory national renewable energy standard and other tax incentives. But, the Obama Administration has set its own voluntary goal…
New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations. These are towing (or other) vessels that provoke additional security for DP (dynamically positioned)…
Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) signed a binding heads of agreement with Tongling Nonferrous Metals Group Co. Ltd ('Tongling') for the sale of the product extracted from the Company's Solwara 1 deposit located in the Bismarck Sea, Papua New Guinea ('PNG')…
Stork Technical Services continues subsea investment to meet growing global demand. Stork Technical Services Subsea, the subsea division of the leading global provider of knowledge-based asset integrity management services for the oil and gas…
James A. Watson IV, Director of the Bureau of Safety and Environmental Enforcement (BSEE). Interior Secretary Ken Salazar Named Rear Admiral James A. Watson IV as New Director of the Bureau of Safety and Environmental Enforcement (BSEE) in November of 2011…
Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors…
CNOOC Limited (NYSE: CEO, SEHK: 00883) announced that the Company has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing structure following the discovery made in 2010. The appraisal confirmed that PL9-1 is a large oilfield. PL9…
On April 11, 2012, Director André Hollander and Sales Manager Theo Kloosterman announced the first shiprepair order of Damen Shiprepair Brest (France) by sounding the bell in the traditional way. It is the first vessel is booked under the new…
The Chief Executive of the International Marine Contractors Association (IMCA), Hugh Williams, 59, has announced his intention to stand down at the end of 2012 after 10 years in post.IMCA is the international trade association for offshore…
BOEM Will Hold Public Meetings on Draft EIS for Proposed G&G Activities in Mid- and South Atlantic Planning Areas. The Bureau of Ocean Energy Management will hold a series of public meetings to gather comments on the draft Programmatic Environmental…
Recommends Safe Practices to Prevent Falls. The Bureau of Safety and Environmental Enforcement (BSEE) today issued recommendations for safety measures developed from the investigation of an offshore accident which resulted in a fatality…
Growing In Deepwater Gulf of Mexico. GOM SITREPAs the feds issue more drilling permits for the Gulf, demand for offshore support vessels in the GOM deepwater sector has accelerated, industry members say. Anger about the government's spill-related…
Statement from BSEE, April 16, 2012 as of 2:30 p.m. CDT The Bureau of Safety and Environmental Enforcement (BSEE) has confirmed that a modest amount of oil is being released from a natural seafloor seep previously suspected as the source of an oil sheen reported last week in the Gulf of Mexico…
