Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,
Due to the behavior shown by the low pressure system in the Gulf of Mexico, whose career was diverted in the last hours, the Technical Analysis Group Emergency
Douglas-Westwood (DW) anticipates subsea vessel demand will experience accelerated growth in the coming years at a rate of 7% CAGR. In DW’s new World Subsea Vessel Operations Market Forecast,
Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least $56.16billion by 2040.
Energy sector service group Glacier Energy Services confirmed the appointment of Jim McAleese as managing director of its newly-formed heat transfer division.
BMT Group Ltd (BMT) has appointed Ray McGlynn as Sales Manager for Offshore Oil and Gas.
McGlynn will be responsible for European and African regional sales support and assisting Louise Ledgard,
Shell has announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir.
U.S. crude stocks rise less than expected - API.
Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.
French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman.
In the last months Schottel successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.
Subsea training facility, The Underwater Center, Tasmania, has appointed a new Diver Trainer to support the increasing demand for its commercial diving courses.
Installed wind capacity totalled 318 GW at end of 2013; could surge by 530 pct to 2,000 GW by 2030.
Installed wind power capacity could swell by 530 percent to 2,
Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.
Paris prosecutors opened a manslaughter investigation following the death of Christophe de Margerie, the head of French oil group Total, in a plane crash in Russia,
Several Norwegian oil and gas projects with development plans due next year will be delayed because of high costs and technological challenges, while several will also go ahead,
Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.
Well 25/8-18 S, drilled by the rig Transocean Leader,
UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.
"I am delighted
Andrew Tung, CEO and Managing Director of Orient Overseas Container Line, was presented today with the prestigious “Port Pilot Award” by the Long Beach Board of Harbor Commissioners.
Ocean Power Technologies, Inc., announced today that the PB40 PowerBuoy(R) fabricated for the WavePort Project has shipped from Santander, Spain to Bayonne, NJ
Salamander Energy said it has submitted a draft shareholder circular to the Financial Conduct Authority in relation to previously stated plans to divest of an interest in the Greater Bualuang Area.