BSEE, USCG Investigating GoM Rig Fatality
The Bureau of Safety and Environmental Enforcement (BSEE) and U.S. Coast Guard (USCG) are investigating the fatality of a worker on board the Petrobras 10,000 drillship in the Gulf of Mexico. Petrobras America Inc.
BP Names New Group Chief Economist
BP today announced the appointment of Spencer Dale as its new Group Chief Economist with effect from the end of October. Mr Dale joins BP from the Bank of England where he is currently…
Preece Named Managing Director at CWind
Mark Preece has been appointed Managing Director of CWind, the Global Marine Group (GMG) offshore renewable business. Preece, who has extensive experience in the offshore and maritime sectors…
North West Shelf to Process 3rd Party Gas
Woodside, as operator of the North West Shelf (NWS) Project, informed that the NWS Project participants today signed a non-binding Letter of Intent with Hess Exploration Australia Pty…
AnTech launches real-time at-bit geosteering service
Specialist Directional Coiled Tubing Drilling Service company AnTech Ltd, has announced the launch of RockView - a technology that makes real-time, high resolution geosteering possible for the first time.
Climate Qualms Mean Oil Will Never be Used Up - BP
Concerns about the climate change impact of burning the world's remaining oil resources mean the reserves will never be fully exploited, BP Chief Economist Spencer Dale said on Tuesday.
SEACOR Holdings Top Deck Expands
SEACOR Holdings announced that it has expanded its Board of Directors to six members and added Christopher P. Papouras to fill the newly created position. Papouras, 50, has been President of Nabors Drilling Solutions…
North Sea Job Losses Raise Skills and Safety Concerns
Cost-cutting in Britain's North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised.
BW acquires 10 chemical tankers from Stream Tankers
BW has signed a purchase agreement to acquire ten chemical tankers comprising two ships built in 2008 and 2010 and eight newbuildings to be delivered between 2015 and 2018 from Stream Tankers.
Wind of Change Starts Blowing at Italian Companies
Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.
New Chief Economist at BP
Former Bank of England chief economist Spencer Dale is leaving the central bank, just two months after being moved to a new role, to become chief economist at oil major BP, the BoE said on Monday.
FTSE Hit by Decline in Energy Stocks, Worries over Greece
A fall in major energy stocks and worries over the political outlook in Greece knocked down Britain's top equity index on Monday. The blue-chip FTSE 100 closed down 2 percent at 6,417.16 points.
Trump Energy Policy Unlikely to Have Big Impact on CO2 Fight
Changes to U.S. energy policies under new President Donald Trump are unlikely to have a big impact on global action to curb a rise in greenhouse gas emissions, oil major BP's chief economist said on Wednesday.
Trading Houses Predict Cautious Rise in Oil Prices
Oil prices have probably bottomed out and will rise from now on though the recovery will be slow due to a huge stocks overhang, some of the biggest oil trading executives said on Tuesday.
Noble Group Hit by Shareholder Lawsuit
Goldilocks Investment Co, a leading shareholder of Noble Group Ltd, has filed a lawsuit with the Singapore High Court against the commodities trader and some of its former and current senior executives…
Triad, EMP Join Forces
As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece. This agreement…
West Phoenix to Drill in UK and Norway
Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the U.K. and Norwegian continental shelves from the summer of 2018. The contract is awarded…
ARENA Boosts 22 Mega Solar Projects
The Australian Renewable Energy Agency (ARENA) today announced the short-list of projects invited to progress to the next stage of its $100 million large-scale solar photovoltaic (PV) competitive round.
POSH attracts Hwang, Fortress as IPO investors
PACC Offshore Services Holdings (POSH), part of the empire of Malaysia's richest man Robert Kuok, has roped in Hwang Investment Management Berhad and Fortress Capital Asset Management…
India’s Seaborne Oil, Bulk Liquids & Gas Tanker Trade Conference
India Tanker Conference the biggest event of Hinode Events and Services Pvt Ltd, and the first one on the Tanker trade is set to take off on JUNE 5 in Mumbai at the Hotel Vivanta by Taj - President, in MUMBAI.