Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of highly-experienced industry figure Rod Buchan as the new Chief Executive Officer. Mr Buchan most recently has been Managing Director of Aker Offshore Partner and has held
Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Vidar will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its
The Brazilian government and Navy are considering an ambitious plan for launching an offshore subsea lab to be located at the limit of … Source: Mercopress [mappress] Source:Mercopress, January 13, 2011;
Marport Deep Sea Technologies Inc., a leading developer and manufacturer of sonar products for the defense and commercial fisheries markets, announced recently that it has secured an equity investment led by Hasting Equity Partners, LLC and Admiralty Partners, Inc. Boenning & Scattergood, Inc., a U.
The president of Brazil, Dilma Rousseff, denied this Wednesday (01/12) afternoon, in Brasília, rumors published by the press that the CEO of Petrobras, José Sergio Gabrielli de Azevedo, would be substituted by the CEO of BNDES, Luciano Coutinho. Rousseff confirmed Gabrielli will remain at the helm o
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce that it has acquired a 28% interest in each of UK licences P218 and P588 containing the undevelope
Mechanical engineering group, EnerMech, has invested £20 million ($31.5M) in a new Process, Pipeline and Umbilical Services division and appointed one of the industries leading pipeline experts to head up the unit. Les Graves (left) joins the EnerMech board as director and brings with him more than
Ezra Holdings Limited a leading integrated support and marine services provider in the offshore oil and gas (O&G) sector, announced that it has won fresh charters worth up to US$73 million in total for three of its offshore support vessels, including two recently added multi-purpose platform supply
Bergen Group BMV has been awarded contracts from Sartor Offshore AS for the construction of three multi-purpose offshore vessels with a total value of about NOK 1 billion. The newbuilding program has a strong focus on environmentally solutions based on high safety and flexibility. The contract for t
Topaz Energy and Marine, a leading oilfield services company, has through its subsidiary DMS been awarded a five year vessel contract with five one-year options estimated to be worth US$ 48M including the option period. Under the contract, the offshore support vessel ‘Topaz Shaheen’ will serve as a
Total today announced the following appointments to its Management Committee, effective January 1, 2011: Arnaud Breuillac, Senior Vice President, Middle East, Total Exploration & Production. Michel Hourcard, Senior Vice President, Development and Operations Techniques, Total Exploration & Production
Ensco Offshore Co. on Wednesday asked a judge to order the Obama administration to process five permits for drilling in the Gulf of … Source: Chron [mappress] Source:Chron, January 13, 2011;
Grey Mountain Partners, LLC (“GMP”) has made an equity investment in Triton Diving Services, LLC (“Triton”), a provider of commercial diving services to the offshore oil and gas industry in the Gulf of Mexico. The investment provides Triton with additional capital and resources to enable it to conti
Noble Energy, Inc. announced that the Plan of Development for the Alen condensate/gas-recycling project has been approved by the Ministry of Mines, Industry, and Energy of the Republic of Equatorial Guinea. Noble Energy’s board of directors sanctioned the project in December 2010, followed closely b
