Norwegian workers reached a deal with employers on Friday over wages at shipyards and a wide range of other manufacturing industries, averting the outbreak of a major labor dispute, the largest union of the private sector said.Some 28,000 workers…
After 14-years at Lloyd's Register (LR), including five years as group CEO, Alastair Marsh announced that he is stepping down from his role and will retire from the Lloyd’s Register group board on December 31, 2020. LR's board said that Nick Brown…
UK-focused Oil and gas company Ithaca Energy has appointed former Repsol Sinopec CEO Bill Dunnet as its new CEO. Dunnet will take over the CEO role from his predecessor Les Thomas.Dunnett is a Chartered Engineer with over 35 years experience in the oil and gas industry…
UK-based oil and gas company Hurricane Energy has appointed Antony Maris as Chief Executive Officer ('CEO') designate, and executive director of the company.Maris' appointment follows the resignation of Hurricane Energy's long-standing CEO Robert Trice…
Premier Oil said on Thursday it had agreed to terms for a long-term refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities, after posting a first-half loss on weak crude prices. The British company said $2…
Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients…
Valaris, the world's largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than $6.5 billion.The company has been hit by the combined effects of the global COVID-19 pandemic…
Turan Drilling & Engineering, a Caspian region focused joint venture between KCA Deutag and SOCAR AQS Company, has employed 71 new workers to support the newly awarded contract by BP.Following a $500 million contract award last year, Turan Drilling…
Norway-based recruitment company Nova People has said it has secured a major contract as part of the Baltic Pipe Project operated by Gaz-System S.A.Baltic Pipe is a pipeline project designed to bring gas from the Norwegian offshore fields to Denmark and Poland…
Lundin Energy, a Swedish energy company with offshore oil and gas operations in Norway, on Tuesday said it had appointed Nick Walker as President and Chief Executive Officer (CEO).The appointment of Walker, which will become effective on January 1…
UK-based offshore safety training provider Survivex has appointed Jamie Purves as its new general manager.Purves, who previously worked for offshore drilling contractor Valaris will oversee day-to-day operations and support key training management service clients of Survivex…
Applied Research Associates, Inc. (ARA) announced Dr. Tom Coolbaugh has joined the team as the Program/Facility Manager for Ohmsett – The National Oil Spill Response Research & Renewable Energy Test Facility. He will have oversight of the day-to-day operations…
Canada-based Kraken Robotics announced that it has hired longtime offshore industry executive Sam Allen as a strategic advisor to help the marine technology company refine its strategy for the international offshore energy market.Allen was President…
Oilfield services sector is set to reach the lowest total workforce count in over 10 years, as a consequence of the COVID-19 pandemic, low oil prices, and cuts in spending by the oil companies.'The oil market turmoil brought on by Covid-19 has…
Denmark's Orsted on Wednesday beat second-quarter operating profit expectations but said lockdown measures had hurt demand for its electricity.The world's largest operator of offshore wind farms said operations had remained stable during the…
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