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Norway Oil Companies, Workers Agree Wage Deal in Principle, Avert Strike for Now

Jun 13, 2022

Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that could have hit the country's petroleum output, employers and unions said on Sunday.Two of the three unions that negotiated with oil firms will seek approval from their members before they formally approve the deal, the lobby representing employers and two union leaders told Reuters…

Wartsila to Slash Up to 450 Jobs in Italy

Jul 14, 2022

Wartsila  will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland…

Investments in Hydrogen, Platform Electrification, and CCS Could Create 26,000 New Jobs in UK by 2030

Jul 12, 2022

A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…

SBM Offshore's Treasurer and IR Head Joins Jadestone Energy as New CFO

Jun 28, 2022

Asia-Pacific focused oil and gas company Jadestone Energy has appointed Bert-Jaap Dijkstra as Chief Financial Officer.Dijkstra will join Jadestone Energy from SBM Offshore, the Dutch FPSO leasing specialist, effective from September 1, 2022…

Austin Becomes Lead Independent Director at Chevron

May 27, 2022

Independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022. Dr. Austin succeeds Dr. Ronald D. Sugar in that role, who will remain on the Chevron Board. Austin has served on the Chevron Board since December 2016…

U.S. Supreme Court to Rule on Whether Offshore Rig Worker is Entitled to Overtime Pay

May 03, 2022

The U.S. Supreme Court on Monday agreed to decide whether a supervisor of offshore oil rig workers is entitled to overtime pay under federal law even though he earns more than $200,000 a year, with potentially costly implications for the oil and gas industry and other employers…

German Offshore Wind Firm RWE Eyes Business with Louisiana Companies

May 02, 2022

RWE Renewables, a German offshore wind giant is looking to build an offshore wind supply chain in Louisiana, one of the top U.S. oil and gas producing states. RWE said last week it would collaborate with Greater New Orleans, Inc. (GNO, Inc.)…

UK Union Calls for Stronger Link Between Offshore Wind Projects and Local Jobs

Sep 13, 2021

As the UK on Monday launched its biggest renewable scheme - Contracts for Difference (CfD) scheme - aimed at encouraging offshore wind investments, offshore workers' union RMT has called for a stronger link between offshore wind projects and local jobs and businesses…

Crowley, Massachusetts Maritime Academy Setting Up Offshore Wind Training

Aug 24, 2021

Crowley Maritime Corporation and Massachusetts Maritime Academy (MMA) said Tuesday they'd create a first-of-its-kind training and workforce development program dedicated specifically to the New England region’s offshore wind energy industry…

O&G Vet John Morrison Retires from EnerMech

Aug 09, 2021

EnerMech’s cranes and lifting director John Morrison is set to retire after supporting the oil and gas sector for the last four decades.Morrison has spent the last 13 years of his career spearheading EnerMech’s installation, operation, maintenance…

Biden's Clean Energy Plan Critical to Revive Industry That Shed 840,000 Jobs in 2020

Jul 20, 2021

The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…

Exxon Expects $200M in Job Cuts Charges

May 06, 2021

Exxon Mobil Corp expects up to $200 million in charges this year related to job cuts in an era of cost savings, according to a regulatory filing.The biggest U.S. oil producer has slashed costs, delayed projects and said it could trim an estimated 14…

US Jobs from US Offshore Energy: A Goal 44 Years in the Making

Mar 31, 2021

I have a good friend named John Guste. He and his wife grew up in the same neighborhood as my wife, they all went to college together, and now our kids are friends. As a doctor, I’m sure he has little concern with the messy, yet mundane, intricacies of offshore energy and maritime policy…

UK: Gov't, Oil Industry Strike North Sea Deal to Protect Jobs in Green Energy Transition

Mar 24, 2021

The UK on Wednesday announced a landmark deal aimed at supporting the oil and gas industry’s transition to clean, green energy. It also said it would introduce the 'Climate Compatibility Checkpoint' before future licensing rounds.The sector…

Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off

Feb 02, 2021

Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels…

Current News

BW Energy Sings $300M Reserve Based Loan to Fund Work Offshore Gabon

BW Energy Sings $300M Reserve Based Loan to Fund Work Offshore Gabon

Oil Tank Platform Collapses, Oil Spills in Terrebonne Bay, Louisiana

Oil Tank Platform Collapses, Oil Spills in Terrebonne Bay, Louisiana

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

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