Vaarst, an offshore robotics technology spin-off from ROV-services firm Rovco, was formally launched Wednesday.Vaarst says its goal is to revolutionize the offshore robotics sector - 'leveraging intelligent data flows for smart asset management…
The UK on Wednesday announced a landmark deal aimed at supporting the oil and gas industry’s transition to clean, green energy. It also said it would introduce the 'Climate Compatibility Checkpoint' before future licensing rounds.The sector…
BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.Looney's pay included 1…
Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…
Dutch-based geo-data specialist Fugro said its supervisory board has nominated Barbara Geelen for appointment as member of the board of management and chief financial officer. She will succeed Paul Verhagen, who is slated to step down as Fugro CFO at the upcoming general meeting of shareholders…
Offshore and subsea services company James Fisher on Monday launched a renewables business James Fisher Renewables, which sees consolidation of the group’s capabilities into what James Fisher said was 'a comprehensive solutions provider.''Bringing together capabilities from across the group…
Rick Hall, CEO of SOFEC, a company providing mooring systems for the international offshore oil and gas industry, has decided to retire.According to SOFEC, a subsidiary of Japan's FPSO specialist MODEC, Hall, who has been with SOFEC for almost three decades…
Africa-focused oil and gas firm Vaalco Energy said Friday its Chief Financial Officer Elizabeth Prochnow has elected to retire effective March 31, 2021. Vaalco said that Prochnow's departure was not related to any issues regarding strategy…
3t Energy Group, a UK-based energy industry training services company, has appointed Chris Durling as its new finance director for its training division.Durling comes to 3t Energy Group from EY, where he led the Aberdeen transactions business and EY’s focus on energy services in the UK…
Sea Ranger Service, the Netherlands-based company that has been carrying out surveying and research tasks in the North Sea with emissions-free sailing offshore work vessels since 2018, has appointed Christel Pullens as its new managing director effective March 1…
An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centered around the acquisition of a Nigerian oilfield in 2011.Italian prosecutors alleged that most of the $1…
3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…
Energy infrastructure engineering and construction giant John Wood Group (Wood) said Tuesday its subsidiary WGPSN had reached a civil settlement with Scotland's Civil Recovery Unit 'in relation to the historical engagement of Unaoil by a legacy joint venture and potential unlawful conduct…
Following Monday's confirmation of the U.S. Representative Deb Haaland as Secretary of the Interior, the U.S. National Ocean Industries Association (NOIA), representing interests of the country's offshore energy industry, said it was ready to…
U.S. Representative Deb Haaland was confirmed on Monday as Secretary of the Interior, becoming the first Native American to lead a cabinet agency and securing a central role in President Joe Biden’s sweeping plans to fight climate change.The U…