Hofste, Montijn Nominated to Supervisory Board Fugro

  Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory

Genel Energy Trading & Operations Update

  Genel Energy plc issues the following trading and operations update in advance of the Company's full-year 2014 results, which are scheduled for release on 5 March 2015.

Oil Platform Ablaze in the Gulf of Mexico

Fire broke out on an unmanned oil platform in the Gulf of Mexico approximately five miles south of Port Fourchon, La., the Bureau of Safety and Environmental Enforcement (BSEE) reported.

Subsea Crane Takes a Long Journey

Last September the test bed in Rostock was the stage of a single lift of the RL-K 7500 subsea crane. The same crane was then loaded and shipped to the South Korean customer.

Enquest Cuts 2015 CapEx on Lower Crude Prices

Enquest Plc cut its capital expenditure programme for 2015 as the oil and gas producer responds to the slump in crude oil prices. Enquest expects 2015 production of about 33,

Smaller Oil Services Sector Players at Risk

Oilfield behemoths seek to emerge leaner and stronger; smaller, weaker firms vulnerable to acquisition. Slammed by plunging oil prices, oil services companies

Low Oil Prices Buoy Profits for Other Sectors

Equity investors may see a fourth-quarter earnings boost from transportation, retail and industrial companies, all seen as big beneficiaries of last year's oil price collapse.

Dynamic Positioning & the Potential for USCG Regulations

  Dynamic positioning is a vessel capability provided by integration of a variety of individual systems and functions to automatically maintain a vessel’s position

Semco Maritime Expands in Houston

Rig upgrade and repair specialist Semco Maritime opens new Houston office on January 23, offering services for rig customers in Canada, Gulf of Mexico and Brazil.

Oil Pares Gains after ECB Bond Decision

 Oil prices slip after ECB QE program decision. ECB to buy 60 bln euros of government bonds each month. Oil prices pared gains on Thursday after the European

Oil Above $50 Ahead of ECB Edict

Brent crude oil crept above $50 a barrel on Thursday ahead of an expected decision by the European Central Bank (ECB) to start buying bonds, a move that could push

Maersk Drilling Mulls Leviathan Contracts

Jonas Bjork, commercial manager Maersk Drilling Denmark, a subsidiary of Maersk Group, says that Israel is in his radar in the near future and hinted that his company targets Leviathan contracts,

Petrobras Deploys Pre-salt Subsea Equipment Technique

  At the end of last year, Petrobras deployed its first wet Christmas tree (equipment installed on a wellhead, composed of a set of remotely operated valves designed

ABB Bags Record Azipod Orders

  ABB, a global leader in power and automation technology, has  received record levels of new orders for the marine part of the group’s business, driven by solid

Damen's Customised Dredger for Van Oord

  Damen has signed a contract with leading dredging and marine contractor Van Oord for the supply of a CSD 650 custom suction dredger together with an FCS 1605 Fast Crew Supplier,

Aquatic: 1,000 Days Without a Lost-time Incident

Aquatic Engineering & Construction Ltd. has achieved 1,000 consecutive days without a lost-time incident, the company stated in a press release.   Aquatic’s president,

Chukar to Exhibit Subsea Waterjet at OTC

Chukar Waterjet, Inc. will exhibit its deepwater subsea waterjet system at the Offshore Technology Conference (OTC) May 4-7 in Houston.   Chukar Waterjet offers

J+S Installs HV Splice for CNR Lyell MPBP

In what is reported to be a first in the North Sea, J+S Ltd, part of the Cohort Group, from its Aberdeen-based oil and gas division, has created an engineering

Obama’s Address Missed Energy Opportunities -NOIA

NOIA President Randall Luthi issued a statement in response to President Obama’s 2015 State of the Union Address, stating that the President missed a few key points

New UK Tax Could Hit Offshore Sector

Companies in the offshore maritime sector could be among those hit by a 25 percent Diverted Profits Tax (DPT) charge under draft UK legislation scheduled to enter force in April 2015,

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