René Kofod-Olsen has been appointed CEO of OSV fleet operator Topaz Energy & Marine. He joins from the AP Møller-Maersk Group.
Hazardous area electrical equipment specialist Dron & Dickson has established a new base in Dubai, headed up by newly appointed managing director Stuart Bell.
Aker Solutions has agreed to acquire National Petroleum Services’ NPS Energy business unit, which employs approximately 900 people and provides well intervention services in the Middle East and North Africa.
Following the 2011 acquisition of Smit’s terminal and anchor handling tug supply activities by Lamnalco, the marines services group has been officially rebranded Smit Lamnalco. Chief executive Daan Koornneef said the new identity reflected the…
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.
The land-locked Caspian Sea returned to offshore industry centre-stage last month with BP’s confirmation that front end engineering and design had begun for stage two of the huge Shah Deniz gas field development. Terry Knott reports.The Shah Deniz consortium…
The reigning and the emerging superpower are marching to their own beats, both of them in the process of long impact government elections and transitions. How the two countries handle themselves will affect the lives of millions, many beyond their borders…
Ali Al Hauwaj has been appointed exploration manager for Caspian player Dragon Oil. He previously served Saudi Aramco for over 30 years, the last seven as exploration department manager. Thor Haugnaess, previously with Schlumberger, has been named an independent nonexecutive director Dragon Oil.
Yasser Mufti (pictured) has been named Saudi Arabia governor for the Organization of Petroleum Exporting Countries. He replaces Majid al-Moneef, a candidate to succeed Abdalla Salem el-Badri as Opec secretary general later this year.
Iran is a problem that can be resolved as Alexander the Great solved the Gordian knot – whatever cannot be untied can be cut. Although a sudden and catastrophic event, buoyed by headlines, may push the price of oil to over $150, measures already taken will settle the situation relatively quickly…
Richard Jackson (pictured), previously Wireline Engineering’s sales manager for Europe, has relocated from Aberdeen to Abu Dhabi to take over as the firm’s Asia Pacific divisional sales manager.
Iran is a problem that can be resolved as Alexander the Great solved the Gordian knot – whatever cannot be untied can be cut. Although a sudden and catastrophic event, buoyed by headlines, may push the price of oil to over $150, measures already taken will settle the situation relatively quickly…
Craig Muir has been appointed MD of Petrofac’s engineering & consulting services business and will be based in the Sharjah office. Most recently Muir was Amec’s Abu Dhabibased EVP responsible for regional growth in the Middle East, Africa and the CIS.
The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships…
Captain Adarash Kumar (pictured) has been appointed group COO of Ezra Holdings, tasked with spearheading its expanding global operations. His successor as CEO of Emas Marine, the group’s offshore support services arm, is Robin Kirkpatrick (pictured), previously the division’s COO.