Mexico's oil regulator voted on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction of 14 shallow water fields.The July auction…
The importance of investment in the Shetland fishing industry has been highlighted today by Lerwick Port Authority Chief Executive, Sandra Laurenson.The industry – white fish, pelagic, shellfish and aquaculture – is the biggest single contributor to the islands' economy…
Maritime Employment: The next three to five years could be a defining era for the Maritime industry. That’s because, in the United States, demand for skilled/technical labor continues to increase in an industry seeing less and less graduates…
The price of oil: everyone seems to be fixated on it. That’s because it also seemingly drives every aspect of the offshore energy business. This includes OSV day rates, rig utilization, shipbuilding and repair, and yes, manpower recruitment…
Chief Financial Officer of Prosafe Management AS, Sven Børre Larsen, has decided to resign from his position to take on the role as Chief Financial Officer in TGS-NOPEC Geophysical Company in Asker, Norway. The final day of Larsen’s employment at Prosafe is yet to be determined…
To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities. The Netherlands-based company will deploy the new vessel…
Following on from the incredibly successful 2014 campaign, Sea Shepherd Global launches Operation Siracusa 2015. Led by Sea Shepherd Italia, the campaign aims to defend the fragile ecosystem of the Plemmirio Marine Reserve, off the Eastern coast of Siracusa in Sicily…
A Brazilian judge sentenced a former international director at state-run oil firm Petroleo Brasileiro SA to five years in prison for money laundering on Tuesday, the second company executive convicted in an ongoing corruption probe. Federal…
Houston man sentenced for providing false statements in relation to blowout preventer testing on oil platform in Gulf Of Mexico A Houston man was sentenced for making false statements to Bureau of Safety and Environmental Enforcement (BSEE)…
UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.ASRY, the leading ship and rig repair yard in the Arabian Gulf, has signed…
Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast. The discovery could put Guyana on oil and gas Map and the country could become a player in the oil marketplace…
United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on navigation in polar waters become effective from 1 January 2017.The IMO has…
C-MAR, an international marine and offshore services provider, and the Shanghai Maritime University (SMU) has officially launched the Dynamic Positioning training facility (DPC-SMU) at a special ceremony in Shanghai. In the first joint venture of its kind…
The decision of the EU Council to launch EUNAVFOR Med* was today strongly welcomed by BIMCO, following the association’s statement on 24 April calling for an extension of Operation Triton’s geographical reach.BIMCO’s April statement highlighted the risks to the health…
Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the 'PSC') and with BP Exploration & Production Inc. and BP America Production Co. ('BP'). These settlements together…
