Britain froze the assets of Russia's Gazprombank and Alfa Bank, and the state-run shipping firm Sovcomflot FLOT.MM, in its latest round of sanctions announced on Thursday.They were among 59 individuals and entities added to the sanctions list…
Offshore Renewable Energy (ORE) Catapult, the UK-based research, and innovation center for offshore wind, wave, and tidal energy, has appointed Jane Stewart as a Non-Executive Director.'A Chartered Accountant with a background in private equity…
Oilfield services giant Baker Hughes has agreed to acquire Norway-based well intervention specialist Altus Intervention.The company said the acquisition of the well intervention services and down-hole oil & gas technology company, complemented…
U.S. offshore energy industry equipment maker Dril-Quip has appointed Carri Lockhart to its Board. She most recently served as Equinor's Executive Vice President for Technology, Digital & Innovation (TDI), with responsibility for enabling Equinor’s energy transition…
Norwegian offshore energy services firm Aker Solutions has appointed Trine Svalestad to the new position of senior vice president for sustainability. The company, for years mostly referred to as 'oilfield services company,' said Monday it 'sees…
Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…
Engineering and technology firm Technip Energies has appointed Laure Mandrou as head of the Carbon Free-Solution Business Line. In this role, she will sit on the Group's Extended Executive Committee.Based in Paris, Laure reports to Marco Villa…
Harland & Wolff Group Holdings plc has appointed Malcolm Groat as Chairman of the Board of Directors. Groat had earlier assumed the role of Interim Chairman on September 27, 2021, after Clive Richardson stepped down from the Board.The company…
With the passing of the historic infrastructure bill in August 2021, the backbone of the United States will undergo a transformation over the next several years, and for this, workers will be needed in all facets of the construction industry…
Claxton, a brand within Acteon’s drilling and decommissioning segment, has agreed to acquire decommissioning personnel and assets from Oceaneering.From the anticipated closure date of March 30, 2022, certain Oceaneering staff based in Norway will transfer to Claxton…
U.S. Gulf of Mexico focused oil and gas W&T Offshore on Monday announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer.Tracy W. Krohn, W&T’s Chairman and CEO, stated, “William has been important…
Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, on Wednesday announced Board of Directors for the combined company, to be effective upon the closing of the business combination announced on November 10…
Offshore drilling company COSL Drilling Europe has recently secured a contract for its COSLInnovator semi-submersible drilling rig, and the rig will start drilling for CNOOC Petroleum Europe Limited next month.The news was shared this week by…
With increasing pressure on the oil and gas industry to cut its emissions footprint, Neptune Energy said it aims to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.According to the company…
New for 2022 is Offshore Engineer's 'CTO in Focus' which aims to gain insights from the C-Suite and the R&D lab of industry majors on the trends driving offshore energy production. Leading off is Gareth Davies, executive director of strategy…