San Donato Milanese (Milan), February 10, 2016 – Saipem S.p.A., informs that today Moody’s, through the publication of a press release on its website [www.moodys.com] given below has communicated that it has placed under review the provisional issuer rating of '(P) Baa3 ' attributed to Saipem…
Rising costs of doing business in Singapore has forced Subsea7 to switch its regional headquarters from the city to Kuala Lumpur (KL), says a report in Business Times. Against a backdrop of persistently low oil prices, fresh concerns have…
Offshore Installation Services Ltd (OIS), an Acteon company, has named Colin Shellard as its new managing director. Based in Aberdeen, Shellard is responsible for setting the strategy at OIS, as the company continues to focus on new opportunities in the offshore decommissioning sector…
Professor Anna Gervasoni has resigned from the position of Statutory Auditor of Saipem S.p.A. due to “new professional and academic commitments”, Saipem announced today. Gervasoni had been appointed from the list presented by Eni S.p.A. at the General Shareholders’ Meeting of May 6…
As Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia is at the final stage, Poland expects to receive its first cargo of liquefied natural gas (LNG), reports Reuters. The terminal, being built in the Baltic city of Swinoujscie…
Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia will be completed by the end of the year, Polskie LNG, a company designed to conduct the investment, informed in a press release. Poland's…
Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won.Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair…
Xodus Subsea has appointed a General Manager and Business Development Manager to drive activity in the Americas, as the company aims to challenge the largest tier one subsea engineering companies for a share of the market in the region.Amedeo…
Aker Solutions won its first order for a project offshore Mexico as it secured a contract from Saipem to supply umbilicals for the Pemex-operated Lakach deepwater natural-gas field.Aker Solutions will deliver electro-hydraulic steel tube…
In 2014, ASRY Offshore Services completed every one of its repair scopes within schedule, on-budget, and with leading safety standards. ASRY, a ship and rig repair yard in the Arabian Gulf, has confirmed that its Offshore division, which specializes in rig repairs…
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, handled 37 projects simultaneously in the Dubai yard, exceeding the previous record of 35 vessels. “Since January 2015 Drydocks World has increased the rate of vessel completion…
Cory Troke joined the exodus west two years ago, leaving scenic but job-scarce Cape Breton, Nova Scotia, after being laid off as a machinist.Troke, 37, headed to the Alberta oil sands, apprenticing as a pipefitter and finding 19 months of steady work…
Former Eni manager Stefano Cao will be appointed chief executive of Italian oil service company Saipem to replace Umberto Vergine at a shareholder meeting in April, two sources close to the matter said.'There's a consensus in the company and government on this position…
Subsea and marine recruitment specialist etpm has introduced two new key service lines and made two senior appointments to further grow and develop its service offering to companies operating in the current economic climate in the oil and gas sector…
Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro. The agreement, with an initial duration of two years, will include hydraulic services in the already extensive range of services offered by the Zamakona Yards group in the Canary Islands…
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