New report highlights oil & gas industry split over cost management strategies for tackling downturnFeb 3, 2015In the face of falling oil prices, confidence in the outlook for the oil & gas industry has dropped dramatically among sector professionals from 65% to 28% in the last three months, according to new research published today by DNV GL. The pessimistic outlook is also reflected in capital expenditure (CAPEX) intentions, with those planning to increase CAPEX in the same time period dropping from 40% to 12% and
Maritime developments set to pull in the crowds at Subsea ExpoFeb 3, 2015Back-deck equipment provider Maritime Developments is poised to be a big pull at this year's Subsea Expo.That's because a fully operational 40-tonne winch and 50-tonne,
Cambla launches game-changing technology to subsea marketFeb 3, 2015Independent project services consultancy, Cambla, has launched its state of the art technology software, the Schedule Animation Tool (S.A.T).
Arild Vik to step down as CEO/CFO from KNOT Offshore PartnerFeb 3, 2015KNOT Offshore Partners LP says that Arild Vik has decided to step down as CEO and CFO of the partnership. Although Mr. Vik is resigning
Europe’s first topsides conference and exhibition to launch In AberdeenFeb 3, 2015Europe’s first and only oil and gas event focussing solely on topsides installations is set to take place at the Aberdeen Exhibition and Conference Centre (AECC) on 16th and 17th March 2016. Topsides UK will tackle some of the challenges facing the industry by shining a spotlight on the supply chain community to present opportunities for unlocking value from ageing topsides infrastructure in the North Sea.
Alastair Crombie joins GexConFeb 2, 2015Alastair Crombie has joined GexCon where he will play a leading role in establishing an asset management service line for diverse high-hazard
CFO to leave Atlantic Petroleum with immediate effect following cost-saving relocationFeb 2, 2015Atlantic Petroleum will re-locate its finance function to Bergen and close down the Torshavn office. In connection with this re-location the
SBM Offshore reintroduces COO positionFeb 2, 2015SBM Offshore has appointed Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a
Moore Stephens says shipping must monitor developments in wake of Greek government changeFeb 2, 2015International accountant and shipping adviser Moore Stephens says it is too soon to say whether the Syriza party’s victory in the country’s
Cubility appoints Chief Technology OfficerJan 30, 2015Cubility AS has appointed Knut Haga as the company’s new Chief Technology Officer. Knut’s role will be to manage Cubility’s technology and R&D strategy,
EMGS reports sales from the multi-client library in the Barents SeaJan 30, 2015Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the
Underwater clean up with Cat PumpsJan 30, 2015There can be few more challenging cleaning processes, nor ones that demand ingenious methods, than that of remote cleaning marine
Swedish Energy Suppliers and M+M Turbinen-Technik keep working togetherJan 30, 2015Two new steam turbine-generator sets are currently being built by M+M Turbinen- Technik GmbH for new CHP Plants
SOCO International provides trading and operations updateJan 30, 2015SOCO International plc issues the following trading and operations update in advance of the Company's full-year
Reftrade UK upgrade fleet with innovative environmentally friendly technologyJan 30, 2015Reftrade UK has made a significant investment to upgrade its fleet with breakthrough, environmentally friendly technology.
Searcher to market and license FROGTECH GIS StudiesJan 30, 2015Searcher Seismic has signed a commercial agreement to market and license FROGTECH’s recently released SEEBASE™
DNV GL wins contract with Wintershall for Maria developmentJan 30, 2015DNV GL has been selected by Wintershall Norge AS as the sole supplier for the combined role of Independent Verification Body (IVB) and Third Party Design Verification scope for the subsea, umbilicals, risers and flowlines (SURF) part of the Maria field development project.
Damen Custom-made offshore winches for Fugro's drilling vesselJan 30, 2015Damen Maaskant Shipyards, part of Damen Shipyards Group, has delivered two dedicated offshore winches to Fugro,
Ramboll continues UK success with award of additional Culzean jacket design projectsJan 29, 2015Maersk Oil UK has awarded Ramboll Oil & Gas the detailed design for the two jackets for a central processing facility
Tata Steel celebrates supplying one million tonnes of pipeline for North Sea oil and gas projectsJan 29, 2015Tata Steel has celebrated the supply of one million tonnes of pipeline for oil and gas projects in the North Sea.
Nostrum Oil & Gas release positive operational updateJan 29, 2015Nostrum Oil & Gas announces its operational update for the Fourth Quarter and Full Year ended 31 December 2014.
GE and Statoil launch ambitious new collaboration to accelerate development of sustainable energy solutionsJan 29, 2015GE and Statoil have now announced a new collaboration to accelerate the development of more environmentally and
Optimus Seventh Generation celebrates record breaking year for trainingJan 29, 2015Optimus Seventh Generation announces 2014 as record breaking training year, including successful completion of a new
ESS renews contract with Wintershall Noordzee B.V.Jan 29, 2015ESS Support Services Worldwide (ESS), part of Compass Group UK and Ireland, has retained its contract with