Offshore News

 

Top Deck Rejig at Yara

Feb 08, 2016

Yara International ASA announces organizational and management changes, to improve strategic focus and execution.'After spending recent months visiting numerous Yara sites, meeting employees and conducting business and organizational reviews…

Subsea UK to Sponsor MATE ROV Competition

Feb 04, 2016

Subsea UK announced today, at Subsea Expo, that it will sponsor an initiative which inspires budding subsea engineers for a second year.  The body which represents the £9billion subsea industry has now committed £20,000 to the Scottish MATE ROV competition…

A2SEA Jack-Up Capsizes Off Denmark

Feb 04, 2016

A2SEA has announced that wind turbine installation vessel has capsized off the Danish coast due to harsh weather on Wednesday.  It has gone from bad to worse for A2SEA-vessel Sea Worker. A week ago, jumped tethers during a towing of the 1…

BP Pulls Plug on Oceaneering Vessel Contract

Feb 03, 2016

UK giant BP will end a contract off Angola with Oceaneering International about eight months early. Oceaneering International has announced that BP has exercised its right to terminate its use of the chartered vessel Bourbon Oceanteam 101 at the end of May 2016…

Subsea 7 to Exit Singapore for Kuala Lumpur

Feb 03, 2016

Rising costs of doing business in Singapore has forced Subsea7 to switch its regional headquarters from the city to Kuala Lumpur (KL), says a report in Business Times. Against a backdrop of persistently low oil prices, fresh concerns have…

Polarcus Announces Further Job Cuts

Feb 01, 2016

Marine geophysical company Polarcus announced it will implement further measures to cut costs, including additional headcount reductions and changes to the executive management team. The expanded cost reductions are part of a longer term…

Shipping Lawyer, Lovell Joins Reed Smith

Feb 01, 2016

Global law firm Reed Smith has announced the arrival of market-leading admiralty and casualty response lawyer, Richard Lovell, as a partner in the firm’s Singapore office. Richard joins Reed Smith from Ince & Co, where he was head of shipping and managing partner of the firm’s Singapore office…

Williams wins World Match Racing Title

Jan 31, 2016

Williams and GAC Pindar claim record sixth World Match Racing Tour title after Monsoon Cup victoryJohor, Malaysia – GAC Pindar skipper Ian Williams has today entered the record books as the first to win sailing’s World Match Racing Tour title six times…

ATPI, Teekay Offshore Ink Travel Management Deal

Jan 29, 2016

ATPI Griffinstone, part of the ATPI Group, has secured a travel management agreement with Teekay Offshore. Teekay Offshore has decided to consolidate all of its travel management through ATPI Griffinstone a global travel management company with specialist dedicated services for energy…

JFD Appoints Percoco as Sales Director

Jan 27, 2016

JFD, a subsea operations and engineering companies, has today announced the appointment of Valerio Percoco as Sales Director. The appointment follows the company’s significant growth over the past 12 months, which included a significant contract win with NATO…

InterMoor Appoints Bolatiwa as Nigeria GM

Jan 27, 2016

InterMoor, an Acteon company, has appointed Folabi Bolatiwa as general manager in Nigeria. Bolatiwa will be responsible for overseeing the company’s continued growth in the region.  InterMoor provides integrated solutions that include the design…

Farstad Bags Petrobras Contract

Jan 27, 2016

Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels were hired by the Brazilian state-owned oil and gas company Petróleo Brasileiro…

30 Scientists to Study O&G in Arctic Ice, Vladivostok

Jan 26, 2016

Today Vladivostok-based Far Eastern Federal University (FENU) opened the International School of Ice Ice Mechanics to 30 students and young scientists from Russia, China, Korea, India, Indonesia and Norway.  They will study the basics of field…

Schlumberger to Buy Stake in Fortuna LNG

Jan 26, 2016

Oilfield services giant Schlumberger is entering Ophir Energy’s Fortune floating liquefied natural gas (LNG) project off Equatorial Guinea after agreeing a preliminary deal with the UK player for a stake in the development. The non-binding…

Oilfield Services: Let the M&A Activity Begin

Jan 25, 2016

Research reveals 86% of respondents expect oilfield services M&A to increase in the next 12 months, 30% anticipating major surgeA desire to capitalize on distressed situations, grow international market share and acquire new technology will…

Logistics News

Fairbanks Morse Defense Announces New CEO

Fairbanks Morse Defense Announces New CEO

Port Authority of NSW Announces New CEO

Port Authority of NSW Announces New CEO

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

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