Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday…
The global pandemic has led to a drop in the global demand for offshore helicopter transport services, Rystad Energy said this week, however, adding that an improvement is expected in 2021.Per Rystad, a Norway based energy market intelligence company…
Offshore helicopter operator CHC has won a three-year contract with the Norwegian oil firm Equinor to provide personnel transportation services from Stavanger airport, Sola with two helicopters. Also, Equinor and Vår Energi have agreed to share capacity on one of the helicopters…
Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…
Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…
Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days.The storm toppled trees, flooded streets, and left about 570…
Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer.Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company…
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…
Jan De Nul Group last week completed the offshore Trianel Windpark Borkum II (TWBII) project in the German North Sea.'All 32 Wind Turbine Generators (WTG) have been installed and mechanically completed,' Jan de Nul said last Friday.Jan De Nul…
Helicopter providers Bristow Group and Era Group have completed their previously proposed merger. The merged company now owns a fleet of more than 300 helicopters.In a joint statement on Thursday, the companies, providing helicopter services to the offshore energy industry…
Offshore helicopter service providers Bristow and Era have elected new executive leadership to lead the company once their proposed merger is complete, which is expected to happen next month.The companies said the executive leadership team will…
pX Group, the Stockton-on-Tees-based provider of energy and industrial solutions, has acquired a majority stake in Aberdeen-based NRG Well Management, a provider of well management services to the oil & gas industry.px Group said Wednesday that…
Offshore helicopter players Era and Bristow, which recently announced plans to merge, have skipped a hurdle towards the completion of the merger.Era said Tuesday that the waiting period for the proposed merger under the Hart-Scott-Rodino Antitrust Act ended on April 10…
Offshore helicopter operator Bristow has said it has successfully repatriated offshore workers in the oil and gas industry with suspected cases of the novel coronavirus – COVID-19 – using three specially-configured former search and rescue aircraft…
The Netherlands based heavy cargo specialist Roll Group said it has signed a contract to further develop and open its own yard at Indonesia's Bintan Offshore Marine Center (BOMC).BOMC has offered Roll Group the opportunity to become an exclusive partner in the BOMC yard…