OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman.Tommy will in his new role, in addition to his current responsibilities, be responsible for strategic development…
Veteran energy industry association executive Erik Milito has been named as the new president of the National Ocean Industries Association (NOIA) and will to take the helm of the offshore energy association effective November 1, 2019.“Erik is a strong leader and an effective communicator…
Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising tide of environmentalism and the move to a low-carbon economy.BP on Friday appointed Looney…
BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth today, sources close to the company said on Monday…
EOLOS Floating Lidar Solutions, a start-up supported by EIT InnoEnergy, has completed a significant capital injection by the entity of the Swiss investment company Prorsum AG.Rajai Aghabi, CEO and founder of EOLOS, describes the capital increase as “a significant closing for EOLOS…
The maritime and offshore energy institutional investor OMP is acquitting of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of the Greek shipping company Tsakos Energy Navigation (TEN) in a private placement.Watson Farley…
The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…
Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia…
Chinese power giant China Power International Holding (CPIH) and Norwegian energy firm Equinor have inked a memorandum of understanding (MoU) to cooperate on offshore wind projects off China and Europe.“China is rapidly increasing its use of renewables and natural gas…
Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy.'Delek Group, received a signed offer from an international…
Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels.'Farstad Marine has sold the 16304-hp, 2002-built anchor handling tug supply vessel Far Saltire…
Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…
Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa…
Siemens Gamesa Renewable Energy (SGRE) has held a groundbreaking ceremony for a nacelle assembly facility in the Port of Taichung in Taiwan that will be its first offshore assembly facility outside Europe.Construction is due to begin in 2020 at the site located in the port of Taichung…
Irish Wind Energy Association (IWEA) chief executive Dr David Connolly has called for greater urgency from the government in the country and across the political system to support the development of offshore wind energy.Ireland currently only…