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OPITO Ventures into Renewables

Sep 28, 2020

OPITO, a UK-based skills and workforce body whose main focus has been offshore oil and gas - as its full name Offshore Petroleum Industry Training Organization suggests - is shifting its course and venturing into renewables.The organization…

OHT Starts Trading on Merkur Market

Sep 28, 2020

Offshore heavy transport and installation contractor OHT has been admitted to trading on Merkur Market in Norway under the ticker code OHT-ME.OHT, which apart from its traditional heavy lift and transportation business is increasingly shifting focus on offshore wind…

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Sep 25, 2020

Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…

Dolphin Drilling Adds Ex-Nordea Director as New Board Member

Sep 24, 2020

Offshore drilling company Dolphin Drilling has appointed Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics…

Norway: Offshore Drilling Firms, Workers Agree Wage Deal Averting Strike

Sep 24, 2020

Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil rigs, preventing a strike that could eventually have halted the exploration for new oil and gas reserves, the unions, and companies said in separate statements on Thursday…

Hurricane Energy's Non-Exec Director Parsley Resigns

Sep 23, 2020

UK-focused offshore oil and gas firm Hurricane Energy said Wednesday that Alan Parsley had resigned from his position as Non-Executive director.Parsley, 76, appointed in 2020 as a Kerogen Capital nominee director, is a geologist with over 50 years’ experience in the oil and gas industry…

Aker BP Contemplating US Dollar Loan

Sep 23, 2020

Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.The potential issue of investment-grade senior unsecured notes will be subject to market conditions…

Borr Drilling to Postpone Debt Payment, Plans Stock Issue to Weather Downturn

Sep 23, 2020

Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…

MHI Vestas CEO to Chair European Wind Energy Association WindEurope

Sep 21, 2020

Philippe Kavafyan, CEO offshore wind turbine maker MHI Vestas Offshore Wind, will chair Europe’s wind energy association, WindEurope, for the next 18 months.Kavafyan has been elected Chair of WindEurope by the association’s Board of Directors…

Seafox Pushes to Oust GMS Directors

Sep 21, 2020

Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has received a letter from Seafox, a rival, and a holder of 29.9% of shares in GMS, seeking removal of four of GMS' directors from the board.To remind…

Inpex, Chevron Cutting Jobs in Australia

Sep 18, 2020

Inpex Corp said on Friday it expects to shed jobs at its Ichthys liquefied natural gas (LNG) project in Australia due to the slump in oil prices, but did not say how many would go.The cuts by Japan's biggest oil and gas company mark the latest…

Ocean Installer Names Ex-DOF Subsea UK Boss to Lead Its UK Business

Sep 18, 2020

Norwegian offshore installation services company Ocean Installer has appointed Robert (Bob) Gillespie, a former DOF Subsea UK boss, as managing director of its UK business.Gillespie will lead the company’s UK office based in Aberdeen, where…

Wintershall Dea to Keep Mobile Working Model Even When Pandemic is Over

Sep 17, 2020

German oil and gas company Wintershall DEA said Thursday it would establish mobile and flexible working as a standard practice even after the pandemic.'We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea…

Wilson Sons Names New CEO of Operations in Brazil

Sep 17, 2020

Brazilian maritime logistics and port operator Wilson Sons has accepted the resignation of Cezar Baião from the position of CEO of Operations in Brazil, effective from March 5, 2021. The company has this week said that its board has accepted…

Offshore Helicopter Firm Bristow Names CFO

Sep 17, 2020

Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer.Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company…

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