Massachusetts-based Bristol Community College and JDR Cables, supplier of subsea power cables and umbilicals and a part of the TFKable Group, have launched new collaboration to train the future workforce for the global offshore wind industry…
UK-based drilling contractor Awilco Drilling announced that tha appointment of Jens Berge as Chief Executive Officer (CEO) of the company. Berge will succeed Jon Oliver Bryce.'The Board would like to thank Jon Oliver Bryce for his nine years as Awilco Drilling's CEO…
UK based Awilco Drilling has exercised an option to have a second mid-water semisubmersible drilling rig built by Singapore's Keppel Offshore & Marine, the builder announced on Friday.The option, which Keppel said is worth about $425 million…
OPITO, a global, not-for-profit skills body for the energy industry, has appointed Hart Victor in the role of vice president of strategy for the Asia Pacific region.Victor had previously spent more than a decade with National Oilwell Varco (NOV)…
The offshore industry continues to find new ways to use machine learning and artificial intelligence to become more efficient, improve safety levels, and increase production. Stress Engineering Services is leveraging those technologies along…
Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan…
Malaysian state oil firm Petronas said on Friday its fourth-quarter profit slid 21 percent as costs piled up, and warned it will have to chart a way through a volatile, challenging 2019 citing market uncertainties and geopolitical risks.Petronas…
Clean, green offshore wind is set to power more than 30% of British electricity by 2030, Energy and Clean Growth Minister Claire Perry announced yesterday (7 March 2018) with the launch of the new joint government-industry Offshore Wind Sector Deal…
German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA’s General Manager Sameh Sabry signed the new concession agreement. The new…
The provider of comprehensive services to oil and maritime companies, Chet Morrison Contractors (Morrison) has acquired two pipelay/construction barges and a saturation diving system from an undisclosed seller in a move to double the size of its pipelay barge fleet…
United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast.According to Rystad Energy, energy research and business intelligence company…
The World Bank Group announced a new program to advance the adoption of offshore wind energy in developing countries and emerging markets.The World Bank and International Finance Corporation (IFC) will help these markets evaluate their offshore…
South Africa’s smallest commercial port, the Port of Mossel Bay is well equipped to provide value following global energy giant Total’s significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin…
Dutch offshore support vessel operator Glomar Offshore announced Thursday it has purchased a pair of support vessels from French owner Bourbon Offshore.The 2008-built Bourbon Arethuse and 2009-built Bourbon Amilcar will be renamed Glomar Worker and Glomar Supporter…
Oil prices edged higher on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, but gains were capped by falling stock markets and renewed concerns over demand growth.Brent crude futures gained 26 cents…