Offshore Engineer People News - page 82


Gumbs to take the Helm of Bosch Rexroth North America

Aug 28, 2020

Paul Cooke, President and CEO of Bosch Rexroth North America, based in Charlotte, NC, USA, will retire on December 31, 2020 after 38 years of service in various international positions within Bosch Rexroth. His successor as of December 1, 2020 will be Greg Gumbs…

Hermitage Offshore Services Appeals NYSE Delisting Decision

Aug 28, 2020

Offshore vessel owner Hermitage Offshore Services has appealed against the New York Stock Exchange's move to delist its shares.Hermitage Offshore Services (previously known as Nordic American Offshore) on August 12 filed for a voluntary petition…

End of the Line for Deepsea Bergen Drilling Rig

Aug 27, 2020

Norwegian offshore drilling company Odfjell Drilling will recycle its oldest drilling rig the Deepsea Bergen, to focus on its modern, harsh-environment drilling rigs.In a quarterly update on Thursday, Odfjell said that the Deepsea Bergen rig…

R&D: Robotics Advances Inside the ORCA Hub

Aug 26, 2020

Many of the more advanced mechanics of robotic systems are being developed as part of the Offshore Robotics for Certification of Assets (ORCA) Hub in Edinburgh. It’s a publicly funded project led by the Edinburgh Centre for Robotics (Heriot-Watt University and the University of Edinburgh)…

World's Largest Offshore Drilling Company Valaris Delisted from NYSE after Bankruptcy Filing

Aug 25, 2020

Valaris, the world's largest offshore drilling contractor by fleet size, said Tuesday that the New York Stock Exchange had decided to suspend its shares and delist them.The offshore drilling company has been hit hard by the blended effects of the global COVID-19 pandemic…

Silva Tapped to Lead Corpower Ocean Portuguese Ops

Aug 25, 2020

CorPower Ocean, designer of wave energy systems, appointed Miguel Silva as head of its Portuguese operation.The news comes shortly after CorPower revealed plans for a new $18.1m R&D, Manufacturing and Service Center in Viana do Castelo, Portugal…

Lundin Energy Names New Chief Operating Officer

Aug 24, 2020

Swedish oil and gas company Lundin Energy on Friday said it would appoint Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective January 1, 2021.The appointment follows the news issued three days prior, informing that Nick Walker…

Norway: Unions, Employers Agree Wage Deal, Averting Strike

Aug 24, 2020

Norwegian workers reached a deal with employers on Friday over wages at shipyards and a wide range of other manufacturing industries, averting the outbreak of a major labor dispute, the largest union of the private sector said.Some 28,000 workers…

Brown to Succeed Marsh as CEO at Lloyd's Register

Aug 24, 2020

After 14-years at Lloyd's Register (LR), including five years as group CEO, Alastair Marsh announced that he is stepping down from his role and will retire from the Lloyd’s Register group board on December 31, 2020. LR's board said that Nick Brown…

Ex-Repsol Sinopec CEO Takes Helm of Ithaca Energy

Aug 24, 2020

UK-focused Oil and gas company Ithaca Energy has appointed former Repsol Sinopec CEO Bill Dunnet as its new CEO. Dunnet will take over the CEO role from his predecessor Les Thomas.Dunnett is a Chartered Engineer with over 35 years experience in the oil and gas industry…

Hurricane Energy Picks Ex-Pharos Energy Man as New CEO

Aug 21, 2020

UK-based oil and gas company Hurricane Energy has appointed Antony Maris as Chief Executive Officer ('CEO') designate, and executive director of the company.Maris' appointment follows the resignation of Hurricane Energy's long-standing CEO Robert Trice…

Premier Oil Extends Debt Facilities, Posts 1H Loss

Aug 21, 2020

Premier Oil said on Thursday it had agreed to terms for a long-term refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities, after posting a first-half loss on weak crude prices. The British company said $2…

Boskalis 1H Earnings, 2020 Goal Beat Forecasts

Aug 20, 2020

Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients…

Valaris Files for Bankruptcy

Aug 20, 2020

Valaris, the world's largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than $6.5 billion.The company has been hit by the combined effects of the global COVID-19 pandemic…

Caspian Drilling & Engineering Firm Wins More BP Work. Hires 71 Workers

Aug 19, 2020

Turan Drilling & Engineering, a Caspian region focused joint venture between KCA Deutag and SOCAR AQS Company, has employed 71 new workers to support the newly awarded contract by BP.Following a $500 million contract award last year, Turan Drilling…

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