People & Company News


Rever Offshore Firms Up North Sea Presence

Jul 05, 2019

The subsea services provider to the oil and gas industry Rever Offshore continued to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.The UK-based company said…

ALE, Murphy Join for Offshore Services

Jul 03, 2019

UK-based ALE Heavylift and compatriot engineering and construction company J Murphy & Sons announced a new collective partnership to offer linear winch hire, pipe pulling and installation engineering services worldwide.As part of the agreement…

Esvagt Eyes Offshore Wind with New Hire

Jul 03, 2019

Esvagt, provider of emergency rescue and response vessels and related services to the offshore energy industry, said it has appointed a new head of business development to lead a push into new services, including in offshore wind.The Danish…

EnscoRowan Changes its Name to Valaris

Jul 03, 2019

UK-based offshore drilling contractor EnscoRowan announced that it will change its name to Valaris, effective July 31, 2019.The London-headquartered firm said in a stock exchange announcement that its ordinary shares will trade under the new ticker symbol VAL following its name change…

GulfSlope Energy Forms JV for GoM

Jul 01, 2019

GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…

DOF Subsea Desperately Seeking Funds

Jun 26, 2019

Norwegian offshore support vessel owner DOF Subsea is seeking a revision of debt terms with creditors as it struggles to achieve a refinancing solution.The cash-strapped subsidiary of Oslo-listed DOF Group has launched a bid to align bond and loan covenants as its refinancing continues…

TechnipFMC Wins ConocoPhillips Award

Jun 24, 2019

American multinational energy corporation ConocoPhillips has rewarded services firm TechnipFMC with a Global Supplier Recognition Award.According to a press release from the UK-based oil and gas services provider, the international awards go…

Aqualis completes Braemar Acquisition

Jun 21, 2019

Offshore engineering consultant Aqualis has completed the acquisition of the London-based Braemar Shipping Services' offshore, adjusting and marine consultancy business Braemar Technical Services (BTS).The new company, called AqualisBraemar…

Vattenfall Launches Maiden Green Bond

Jun 14, 2019

Swedish energy company Vattenfall has issued a EUR500mln green bond, its first such issuance, with the proceeds earmarked for a number of projects, including renewables.The bond with a tenor of seven years is offering investors the chance to “support the transformation of the energy system”…

MHI Vestas Opens First US Office

Jun 12, 2019

Danish wind turbine manufacturer MHI Vestas Offshore Wind has opened its first US office in Boston, Massachusetts.The office will focus initially on sales and strategy as it develops a local footprint for projects in the region as as MHI Vestas gears up for Vineyard Wind…

NorSea Wind Appoints Pedersen CEO

Jun 11, 2019

NorSea Wind, part of the Wilhelmsen Ship Management (WSM) Group, has named Anders Peter Pedersen as its new chief executive officer (CEO).  Pedersen  has extensive experience from the green energy sector. A lot has happened in the harbor since…

ERSG Ties-up with Taiwan Offshore

Jun 11, 2019

Taiwan Offshore Windfarm Service Corp (TOWSC) has entered into collaboration agreement with the UK energy industry recruitment outfit ERSG for future business in Taiwan's offshore wind sector.  Both parties target the manning services from construction…

KCA Deutag Names Elkhoury CEO

Jun 11, 2019

Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as ­current boss Norrie McKay prepares to retire. McKay will remain with the group in an advisory capacity until December 31, 2019, working closely with Joseph to ensure a smooth transition…

Buss Forms French Offshore JV with IDEA

Jun 07, 2019

German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.The JV follows the signing of a declaration of intent  in September 2018. The two companies named the JV as Buss IDEA Offshore…

Brayton Expands to Offshore Wind

Jun 05, 2019

North American brownfield redevelopment firm Commercial Development Co. Inc. (CDC) has announced an expanded port operations agreement at the Brayton Point Commerce Center, a former Massachusetts coal plant being redeveloped into an offshore wind hub…

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