With less than a week until Christmas and most of our presents bought, we're feeling the pinch. However, that's nothing compared to the amount that some have been spending this year. VesselsValue's Senior Analyst Court Smith gives a rundown on which countries have splashed the most cash on second hand vessel purchases over 2018.USAJP Morgan Global Maritime is the US company who has spent the most on second hand vessels: 308 million USD so far in 2018…
Seismic data, analysis and machine learning company, Earth Science Analytics announced the appointment of Tatiana Moguchaya as its new CEO.Moguchaya has more than 15 years’ experience in both the technology and energy sectors. Her appointment…
Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…
Seiche Water Technology Group has announced that COO Mark Burnett has been promoted to Chief Executive Officer. Burnett will be responsible for the strategic direction of the business, which provides Passive Acoustic Monitoring (PAM), marine…
American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…
FairfieldNodal has changed its name to Fairfield Geotechnologies (Fairfield Geo). The name change reflects Fairfield Geo’s strategy and continuing evolution as a provider of life-of-field technology, data and solutions.FairfieldNodal pioneered…
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan, Executive Director and Head of Offshore Marine Services (OMS) of Bumi Armada Berhad…
U.S. oilfield services company Weatherford International Plc on Friday sold a U.S. oil-well business to rival Schlumberger NV for $430 million, abandoning a planned joint venture. Weatherford has struggled with losses and has been looking to sell units and raise cash to reduce about $7…
Jannicke Nilsson has been appointed executive vice president and chief operating officer (COO) in Statoil ASA. She takes over the role from Anders Opedal, who will lead the development of Statoil’s growing and increasingly important operations in Brazil as new country manager…
CMA CGM, a leading worldwide shipping Group, announces the appointment of Michel Delville as Chief Financial Officer. Michel Sirat will continue to support the Group on strategic development missions. Michel Delville was Chief Financial Officer of the Saft Group…
Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low. However, collective industry efforts are already focusing in on how a reduction…
EV has announced the appointment of a new chief executive officer. Bringing over 28 years’ of industry experience to the role, Fraser Louden has held a number of positions within a range of oil and gas service companies - including 17 years…
Oscar Spieler-led LNG shipowner Golar LNG Ltd. (GLNG) on Tuesday reported a loss of $80.1 million in its first quarter. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share…
Maze microfluidic SARA analysis delivers precise fluid measurements for reservoir characterization HOUSTON, May 2, 2016—Schlumberger announced today at the 2016 Offshore Technology Conference the release of the Maze* microfluidic SARA analysis for reservoir fluids characterization…
WFS Technology Ltd. has appointed Graeme Slater as Sales Manager for the U.K., Australia and Southeast Asia. He is based in Aberdeen. Since joining WFS in March, Slater has been supporting the company’s U.K. and international customers in…
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