People & Companies News

 

Van Oord to Lay Off 500 Employees

Jun 16, 2020

Dutch offshore and dredging contractor Van Oord said Tuesday it would lay off 500 people, citing effects of COVID-19 on its business.Van Oord said: 'As a company operating on a global scale, COVID-19 is having a major impact on our business…

BP to Lay Off 10,000 People by 2020 End

Jun 09, 2020

British oil major BP will lay off 10,000 people by the end of the year in a move to cut costs, the company's CEO Bernard Looney said in a social media post on Monday.Looney said: 'The oil price has plunged well below the level we need to turn a profit…

Staff from Coronavirus-hit Russian Novatek Site to Live on Cruise Ship

May 07, 2020

A cruise ship has arrived in Russia's northwesterly Murmansk region to accommodate healthy staff from a construction site run by the gas company Novatek, one of Russia's coronavirus hotspots, a local crisis center said.Novatek, one of the world's top liquefied natural gas (LNG) companies…

Maersk Supply Service Cuts Jobs

May 06, 2020

Danish offshore vessel owner Maersk Supply Service will let go 55 people in an effort to cut its onshore costs.The company said Wednesday that, in response to the negative development in the oil and gas industry, Maersk Supply Service today…

Oil Traders Vie for Guyana Marketing Deal Despite Price Tumble

Apr 21, 2020

Guyana has attracted interest from several oil trading companies for a contract to serve as the marketing agent for the government's share of the country's crude, despite a plunge in global prices, four people familiar with the matter said.Oil…

At Least One Worker at Pemex Offshore Platform Infected with Coronavirus

Apr 14, 2020

At least one worker at Mexican state oil company Pemex's Abkatun-A processing center, in shallow waters in the Gulf of Mexico, has been diagnosed with coronavirus, two people with knowledge of the matter told Reuters.At the end of last week…

ABB Accelerates Remote Connectivity Rollout

Apr 06, 2020

Technology comany ABB said it has expedited the rollout of and access to its remote service tools and digital solutions across critical industry as companies around the world find new ways to maintain operations throughout the coronavirus crisis…

Petrobras Delays Bids for Offshore Platform

Apr 03, 2020

Brazil's state-run oil company Petrobras has delayed by 90 days the deadline for bids to build a production platform in the Itapu field in Santos Basin after a sharp drop in oil prices and concerns about the impact of the COVID-19 pandemic, two people familiar with the matter told Reuters…

Report: Petrofac to Let Go 20% of Workforce

Apr 02, 2020

Oilfield services provider Petrofac is launching a redundancy programme that it expects will end up reducing staff numbers by 20% as it seeks to cope with plunging oil prices, according to a source and an internal email seen by Reuters.The Britain-based company…

Workers From a BP Gulf of Mexico Platform Test Positive for COVID-19

Apr 01, 2020

Several workers on a BP Plc oil platform in the U.S. Gulf of Mexico have tested positive for coronavirus, the company said on Wednesday, a day after a worker at BP's operations in Alaska also tested positive.The cases are the first recorded among oil workers in the Gulf of Mexico and Alaska…

Oil Giants Set Health Checks, Work-from-home Rules

Mar 16, 2020

Major energy companies in the United States imposed work-from-home rules for office staff and began health checks for remote or critical workers as coronavirus spread and threatened an industry reeling from falling demand and profits.BP, Exxon Mobil…

Ørsted Tops World's Sustainable Companies

Jan 21, 2020

The global leader in offshore wind Ørsted becomes the first-ever energy company to top a index.The Denmark-based global power company has outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights'…

McDermott Bankruptcy Filing Imminent -Bloomberg

Jan 20, 2020

Oilfield services provider McDermott International Inc is preparing to file for bankruptcy as soon as next week, Bloomberg reported on Friday, citing people with knowledge of the matter.The company did not immediately respond to a request for comment by Reuters…

Interview: David Ince, Event Director, Oi

Dec 11, 2019

From its founding in 1969, Oceanology International has evolved into what is arguably the biggest and best gathering for the global subsea technology community. To help celebrate Oi’s 50th, Marine Technology Reporter visits with David Ince, Event Director…

Thistle Platform Evacuted

Oct 24, 2019

The Thistle platform in the UK North Sea has been shut down and all 115 workers have been evacuated following an inspection relating to a support element on a redundant subsea storage tank.EnQuest said it evacuated the Thistle platform, in block 211/18…

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