Peritus International, a subsea system engineering services provider, has appointed Chas Spradbery as EAME director of Operations and Business Development. The appointment follows Bill Neilson’s retirement from the role after nine years with the company. Chas has over 20 years experience in the subs
Eagle Bulk is continuing with its fleet restructuring as it sells another Supramax.
SNC-Lavalin has signed two sub-contracts to support the development of the floating production unit on the Woodside-operated Scarborough gas field development project in Western Australia.
ORPC is now offering tailored leasing solutions to its customers for RivGen Power System through an exclusive relationship with a private investment firm Warbird Capital. Nicholas Pastushan, founder and CEO of Warbird Capital said, “We look forward to working closely with ORPC and its customers to m
Hapag-Lloyd off to a good start amid higher volumes, better freight rates and a stronger US dollar.
Red Rock Marine, a Norway based company with a vision to deliver tailor-made solutions, has signed new contracts with a Singaporean shipyard for delivery of complete crane packages for two trailing suction hopper dredgers (TSHDs). Commenting the latest news, Thomas Holte, Chief Commercial Officer at
Malaysian offshore crane services company Handal Offshore Services has been awarded a contract for the provision of offshore crane maintenance and repair services from Repsol in Malaysia.
Crane Issues aboard the new LNG-fueled ships affected the company’s profitability in the first quarter of 2019.
Geophysical contractor TGS has posted higher profit in the first quarter of 2019 when compared to same period in 2018, despite revenue drop. The Oslo-listed firm posted earnings per share of 17 cents, up 34% from 13 cents per share in Q1 2018. TGS generated net revenues of close to $110 million in Q
Värde Partners signed a VLCC sale and leaseback deal with Hong Kong’s Landbridge VLCC International.
Helicopter pilots serving the UK offshore oil and gas industry have voted for strike action over a pay dispute.
Dredging operations on the Willamette River, aimed to remove rock deposits left behind by high river flows, are officially underway, Marion County Public Works said in their yesterday’s announcement. Under the cleanup plan, the crews will be working 12-hour shifts over the next 4-5 days. The Wheatla
The Offshore Energy Research Association (OERA), an independent, not-for-profit organization that funds and facilitates collaborative offshore energy and environmental research, has added a new member to its team. OERA has welcomed Luiz Faria to the role of renewable energy project manager. Luiz Far
Hit by lower crude oil prices, Brazilian state-owned oil and gas giant Petrobras recorded a smaller profit in the first quarter of 2019 when compared to the same period last year amid production decline due to a series of stoppages. The Brazilian giant on Tuesday posted a net income of $1.125 billio
