A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered a gas block operated by Russian and Vietnamese state firms, two monitoring groups said, another potential flashpoint in the South China Sea.It follows a pattern of assertive moves of late by Beijing in its neighbors' exclusive economic zones (EEZ), as it presses its claim to sovereignty over almost the entire South China Sea…
Singaporean shipbuilding group Seatrium announced it has appointed Adrian Teng as Chief Financial Officer (CFO), effective January 1, 2024.Teng brings over two decades of diverse international experience in strategy, finance, restructuring,…
Canceled offshore wind projects, imperiled solar factories, and fading demand for electric vehiclesA year after the passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development…
A Chinese research ship and five escort vessels were in Vietnam's exclusive economic zone (EEZ) on Friday, close to gas blocks operated by Russian firms in the South China Sea, a day after Vietnam urged the ships to leave.The Chinese vessel…
After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.He had watched his pay go backward and conditions worsen during the pandemic…
Offshore installation contractor McDermott International has appointed Michael McKelvy as President and Chief Executive Officer, effective immediately. He will also serve as a member of McDermott's Board of Directors. Lee McIntire, who has been serving as interim CEO since June 2021…
Grandweld shipyard has won a contract with offshore support vessel firm Stanford Marine to build two 42-meter GrandSuperior crew boats with the keel-laying ceremony recently completed. These are Grandweld’s 11th and 12th vessels built for Stanford Marine…
Denmark is assessing whether to go ahead with an already announced tender for new oil and gas exploration in the Danish North Sea after setting itself one of the most ambitious climate targets in the world.The new Social Democratic government…
Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.The software used in the Gulf, based on an algorithm created by Xukai Shen…
The oil and gas industry has the data and the drive to pursue digital technology, but lacks a coherent strategy to fully digitalize its operations. Karen Boman reports from Halliburton's Landmark Innovation Forum and Expo (LIFE) in Houston…
Infographic from McKinsey Solutions. These projections are taken from Energy Insights’ Global Gas Outlook to 2030. For your free Executive Summary of the findings included in the report visit www…
In early February, Mexican President Enrique Peña Nieto shook things up at the country’s oil company, Petróleos Mexicanos (Pemex), immediately replacing then-CEO Emilio Lozoya Austin with Mexico’s director of the Social Security Institute (IMSS) José Antonio González Anaya…
Mexican President Enrique Peña Nieto has fired Emilio Lozoya Austin as CEO at the country's state-owned oil company, Pemex. Lozoya will be replaced by José Antonio González Anaya (pictured), the country’s current director of the Social Security Institute (IMSS)…
The 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM) will feature several keynote speakers this year, and kicks off on Tuesday, 5 April in Villahermosa, Tabasco. Exhibit floor at PECOM 2015…
Peter Oosterveer joins FMC Technologies, Inc. as its new director of its Board of Directors. Oosterveer, chief operating officer of Fluor Corp. will join the board on 1 February 2015. He is a 25-year Fluor veteran. He previously served…
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