UK-based offshore technology and survey firm Sonardyne Group has appointed Stephen Fasham as Chief Executive Officer, taking over from John Ramsden who is stepping down from the role ahead of his retirement.Effective September 1, 2021, Fasham…
U.S. Secretary of State Antony Blinken on Tuesday appointed former diplomat Amos Hochstein as a senior advisor for energy security to work on the fallout from the Russia-backed Nord Stream 2 pipeline, among other energy issues, according to a statement…
Belfast-based shipyard Harland & Wolff has appointed a new General Manager, Tom Hart to its Appledore site.Harland & Wolff, famous for building the Titanic, is today a multisite fabrication company, operating in the maritime and offshore industry through five sectors: commercial…
In four decades of climate negotiations, the world has focused intensely and exclusively on the most abundant climate-warming gas: carbon dioxide. This year, scientists are urging a focus on another potent greenhouse gas – methane – as the planet's…
Oil and gas services company SBM Offshore on Thursday reported a better than expected decline in core profit for the first half of 2021 as it looks to develop floating offshore wind projects.After reducing spending sharply in the face of a pandemic-induced demand collapse…
EnerMech announced that Daniel McCarthy has joined the company as its strategic proposals director to help accelerate its planned growth across the business.McCarthy started his 18-year career in the oil and gas, engineering and construction sector at Kentz…
Acteon secured an integrated project with Atlantic, Gulf & Pacific Company (AG&P) for the development of a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, called Philippines LNG (PLNG). The contract was signed…
Exxon Mobil on Friday posted its biggest quarterly profit in more than a year that also topped analysts' estimates as demand for oil, gas and chemicals rebounded, quelling some investor concerns over its recent weak performance.The company's…
Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…
Wind turbine maker Siemens Gamesa posted a loss for the three months to June on Friday and confirmed a warning it made earlier this month that its profit margin could be negative over the full year.The world's biggest maker of the huge offshore generators…
Bluewater-backed energy services firm Kent, formerly known as Kentech, has completed the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. 'The Company now harnesses the strength…
Royal Dutch Shell boosted its dividend and launched a $2 billion share buyback program on Thursday after a sharp rise in oil and gas prices drove second-quarter profits to their highest in more than two years.As profits across the industry recovered…
Subsea UK is embarking on a new adventure as The Global Underwater Hub, a new organization with already nearly $18 million in funding. ‘The Hub’ aims to leverage the UK’s strong maritime heritage, as well as its underwater expertise that transcends offshore defense and research…
Ashtead Technology has appointed Graham Clark to the newly created position of Chief Technology Officer (CTO) to accelerate its technology and digitalization strategy.The subsea equipment rental and solutions provider for the offshore energy industry…
Norway's Equinor posted a sharp increase in second-quarter profit on Wednesday as prices of oil and gas rose, but its earnings fell short of expectations as its Norwegian unit missed forecasts.Adjusted earnings before tax rose to $4.64 billion…
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