UAE-based Topaz Energy & Marine has signed phase one of a US$ 330 million loan agreement with a syndicate of banks towards the refinancing of some of its existing loans. As well as extra liquidity, the deal paves the way for new investments in Topaz’s offshore support vessel operations.
Valle Silencioso, a company managed by Sophia Capital, now has a 95.8% stock holding in pipeline coatings and subsea thermal insulation specialist Socotherm following the acquisition of 50% of the outstanding shares of SO-4 Ltd from 4D Global Energy Investment…
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…
Craig Clarke has been named VP Americas for the Aberdeen-headquartered EFC Group, based in Houston. He was previously the company’s Asia Pacific BDM.
Venkatraman Sheshashayee succeeds the retiring Chan Mun Lye as CEO of Singapore vessel operator Jaya Holdings. Max Alexander Hafstad Hartvigsen becomes the company’s president, offshore.
Dana Ourso (pictured) has joined InterMoor as HR manager in the company’s Morgan City, Louisiana office. He was previously with the Shaw Group, Global Industries, Albemarle and J Ray McDermott.
Jaeho Ko (pictured) has been appointed president and CEO of Daewoo Shipbuilding & Marine Engineering (DSME), replacing Sang-Tae Nam who served as CEO for six years.
Subsea cables specialist Alan Jordan has joined Jee as a principal cables engineer.
Carlos Chagas de Oliveira, Jnr (pictured) has been promoted to GM Brazil of integrated testing, rentals and specialty services company Greene’s Energy Group, based in Macaé.
Pekka Vauramo steps up from COO to EVP marine at Cargotec effective 1 August. He will continue as deputy to CEO Mikael Mäkinen. Olli Isotalo switches from EVP marine to EVP terminals and Unto Ahtola, currently EVP terminals, transfers to EVP development projects.
Chris Mann (pictured) has been appointed operations director Scottish-based pipeline rehabilitation specialist Swagelining. He previously served as an offshore construction manager with BP West Africa.
James Browning has been elected as non-executive chairman of oil & gas industry remote communications specialist RigNet.
Åge Landro (pictured), former EVP of AGR Field Operation, has returned to the Norwegian group as EVP strategy & integration. Landro moved to Oceaneering in December last year when AGR completed its sale of the field operations business unit to Oceaneering.
Jeffrey Platt stepped up from COO to president and CEO on 1 June following Dean Taylor’s retirement after 34 years with the company. Jeffrey Gorski, who joined Tidewater in January year after a 28-year stint with Schlumberger, succeeds Platt as EVP and COO.
Dave Workman has been appointed to the new position of COO and Erik-Jan Bijvank (pictured) as SVP UK and Africa at Stork Technical Services, based in Aberdeen. Workman served as CEO of the former RBG business, which Stork acquired in May 2011…