Norwegian exploration firm Rocksource has announced plans to consolidate all its operations to its Bergen head office. As a result of the move, which was decided after a strategic review, the company’s Chief Financial Officer, since it was founded in 2004…
Transport Malta will collaborate with the Norwegian Coastal Administration to strengthen the country's maritime pollution response. During the launching of the project “Oil / HNS Spill Response Capacity Building For The Protection Of Malta’s Seas…
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…
Multilateral meetings between Cuba and the US are becoming more frequent, although they often fly under the radar. Cuba's Ministry of Foreign Relations, CubaMinRex, recently hosted a delegation from the US-based Council on Foreign Relations (CFR)…
Petroleum Geophysical Services ASA (PGS) has launched its second Ramform Titan class vessel, the Ramform Atlas, at a naming ceremony in Nagasaki, Japan today. The vessel will typically tow a network of several hundred thousand recording sensors over an area greater than 12sq km…
Lutz Wittenberg (pictured) has been appointed the new group chief technology officer at DNV GL. In his new role, Wittenberg will be responsible for group-wide technology developments and report directly to Group CEO Henrik Madsen. In addition…
A new training centre which aims to tackle the skills shortage in the UK oil and gas sector has been launched in Scotland; students will begin in October. The £8 million Oil & Gas Centre for Doctoral Training (CDT) in Aberdeen is offering…
Nova Scotia's Fundy Tidal Inc. partnered in November 2013 with Dutch tidal turbine producer Tocardo International BV and Tribute Resources Inc. of London, Ontario The three firms will work to develop a $30-million project with a capacity for 3MW of tidal power at three locations around Digby…
A US court ruling has put a key document supporting oil major Shell's Chukchi Sea drilling in doubt. Over one partial objection, the US Court of Appeals for the Ninth Circuit (CA9, panel based in San Francisco) ruled that selection by the Bureau of Ocean Energy Management…
Noble Corp. today reported Q4 2013 net income of US$174 million, and for Q3 2013, the company reported net income of $282 million. Net income for the full year 2013 totaled $783 million, on revenues of $4.2 billion, compared to net income of $522 million on revenues of $3…
Fundy Tidal Inc.'s turbine project in the Bay of Fundy, off Nova Scotia. www.fundytidal.com
The finalists for the annual Subsea Awards have been revealed with a mix of small start-ups and large, multi-nationals in contention for recognition during Subsea Expo. The winners will be announced at the gala dinner on Wednesday, February 5…
John Carne is to retire from his role as CEO of new joint venture OneSubsea on February 28, 2014, it has been announced.John has served as CEO of OneSubsea since the Cameron and Schlumberger joint venture was formed on June 30, 2013. Previously…
Sandvik has reached an agreement to acquire Varel International Energy Services Inc. for approximately US$740 million. The closing of the acquisition is subject to standard regulatory approvals and certain environmental due dilligence. Varel…
At a meeting of the HRT's Board of Directors held on Dec. 20, 2013, resolutions were passed on the following motions by the majority of the members in attendance: To acknowledge that the election of Messrs. Edmundo Falcão and Marcello Pacheco is null and void…