Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
ABS Group subsidiary Genesis Technology Solutions has been awarded a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s new fleet of floating LNG (FLNG) vessels utilizing the GoFLNG floating liquefaction technology…
Wood Group has secured its second front-end engineering design (FEED) contract for the proposed Browse floating liquefied natural gas (FLNG) Development offshore Western Australia. Under the new contract with Woodside, effective immediately…
The offshore vessel market is facing a 'long hard winter' as falling activity will drive further layups, says broker Westshore. The Norway based broker says that around 60 offshore support vessels are now laid up in the North Sea - before…
Wood Group announces the appointment of Robin Watson as chief executive officer (CEO), effective 1 January 2016. Watson succeeds Bob Keiller who has decided to retire from Wood Group on 31 December 2015. Watson has served on the board since 2013…
Wood Group has been awarded a contract with Marine Well Containment Co. (MWCC) to provide an operator training simulator; supporting training for containment in the event of a deepwater well control incident in the Gulf of Mexico. Image from MWCC…
Wood Group has acquired Automated Technology Group (ATG), an independent suppliers of control and power solutions for industrial automation. ATG will perform within Wood Group Mustang’s automation and control business unit, providing…
Norway-based Bergen Group has appointed Hans Petter Eikeland as its new CEO as of today, 28 August. Hans Petter Eikeland is appointed up to July 2016 and succeeds Asle Solheim. “Eikeland has an industrial understanding and vigor that…
Elaine Lisenbe has been appointed to the position of chief financial officer (CFO) and will join Wood Group Mustang’s executive leadership team. Lisenbe joined Wood Group Mustang as financial controller in 2011 and served most recently as vice president of finance for the Americas…
Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…
DNV GL Group appointed Tor Svensen as group executive vice president. Knut Ørbeck-Nilssen will succeed Tor Svensen as chief executive officer of its maritime business area. Both will report to the incoming group president and CEO Remi Eriksen…
A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract involves the manufacturing and installation of array cabling infrastructure on the SEM-REV marine renewable energy project…
Vroon recently implemented two new multi-purpose platform-supply vessels (MPSVs). The vessels, known as the VOS Primrose and VOS Prince, were launched on 10 Janurary and 11 Janurary 2015. These vessels are the third and fourth additions to a series of 10 sister vessels…
Norwegian private equity outfit HitecVision has created a new oil service group by merging five companies in its portfolio. Global Maritime Group comprises companies working within offshore and maritime engineering, marine warranty, dynamic positioning…
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