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TAYLOR ENERGY

Tidewater CEO Taylor to Retire

(Image: Courtesy Tidewater Inc. www.tdw.com)

Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s non-executive Chairman of the Board.  Jeffrey M. Platt will become Tidewater’s new President and CEO effective June 1, 2012. Platt has been Tidewater’s COO, overseeing Tidewater’s domestic and international marine operations, since July 2006. Platt joined Tidewater in 1996 as General Manager of its Brazilian operations following a 12-year career at Schlumberger. At Tidewater, he has continued to assume greater responsibility with assignments in Mexico, the Middle East and India, and the Americas. Mr. Platt’s substantial operational and executive experience within Tidewater, combined with Mr. Taylor’s role as non-executive Chairman of the Board, ensures the executive transition will be a smooth one.    Mr. Jeffrey A. Gorski will succeed Mr. Platt as Tidewater’s Executive Vice President and COO. Gorski joined Tidewater in January of this year after a 28-year career at Schlumberger. Currently, Gorski is a Senior Vice President responsible for Tidewater’s operations in the United States and its engineering and technical services group. Effective June 1, 2012, Mr. Gorski will assume responsibility for worldwide operations. 


Nobeltec, Taylor Marine Announce Partnership

Nobeltec is pleased to announce a new partnership with Taylor Marine of Australia. As of October 1, 2011, Taylor Marine, also known as JN Taylor & Co. Ltd., will act as Nobeltec’s exclusive distributor of all Nobeltec products sold to dealers and end users in Australia. “It is with great enthusiasm that Nobeltec and JN Taylor enter into this partnership,” Nobeltec General Manager Bill Washburn said


Taylor Reacts to DD(X) Decision

The Department of Defense announced that they would back off a previously announced Navy proposal to conduct a winner-take-all competition between shipyards for the construction of the next generation destroyer DD(X). According to the President's fiscal year 2006 budget, Northrop Grumman Ship Systems in Pascagoula, Mississippi, was scheduled to build the first three DD(X) destroyers, with Maine's General Dynamics Bath Iron Works shipyard building two additional ships


U.S. Rep. Taylor: Navy Budget Insufficient

WASHINGTON, DC – After reviewing the President’s defense budget and hearing testimony from the Secretary of the Navy on Thursday, Congressman Gene Taylor (D-MS) expressed his concern about the number of ships funded under the FY06 defense budget request. “The Navy’s request for reductions in several important shipbuilding programs will leave the United States short of the fleet size needed to meet existing security requirements,” Taylor said.


Tidewater Reorganizes Management

Tidewater Inc. announced that, effective immediately, Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor have been promoted to the level of Executive Vice President. Each will report directly to William C. O'Malley, Chairman, President and Chief Executive Officer. Cliffe F. Laborde will continue as General Counsel of the company. His responsibilities will also include Corporate Administration, Information Technology, Employee Benefits, Insurance and Human Resource Management


Grounded Navy Ship Repaired, Returns to Fleet

USS Taylor (FFG 50). Official U.S. Navy file photo

The Oliver Hazard Perry-class frigate USS Taylor (FFG 50), homeported in Mayport, Fla., successfully completed post-repair sea trials, April 21, the U.S. Navy reported. Taylor was operating in the Black Sea when she ran aground in Samsun, Turkey, Feb. 12, damaging the ship's propeller hub assembly. Taylor was towed to Naval Support Activity Souda Bay, to complete replacements of the propeller blades and hub. The sea trials helped Taylor's crew assess whether the ship was ready to return


Taylor Pledges Hearing on Navy Boat Barriers

U.S. Congressman Gene Taylor, Chairman of the Seapower and Expeditionary Forces Subcommittee, informed the United States Navy that he will hold a hearing to investigate alleged problems and potential wrongdoing in the procurement of Navy boat barriers. "Today's front-page Washington Post story suggesting widespread waste, disregard of federal procurement rules and possible wrongdoing in the Navy's purchase of ship force protection barriers presents a shocking picture of abuse," said Taylor


First Shipbuilding Caucus "A Huge Success"

Congressman Gene Taylor (D-MS) and Congresswoman Jo Ann Davis (R-VA) convened the first meeting of the Congressional Shipbuilding Caucus today. Chief of Naval Operations, Admiral Vern Clark, was the first guest speaker at the closed session. In comments during the Caucus meeting, Taylor expressed his worry that the current 290-ship fleet is well-below the Navy’s recommended requirements. "If enacted, the proposed FY06 Navy shipbuilding budget doesn’t fix the situation


Taylor Made Environmental Opens New U.K. Facility

Taylor Made Environmental has opened a new facility in Poole to provide sales and technical support throughout Europe for the company's marine air conditioning, refrigeration and battery charger product lines. According to Trevor Goldsmith, managing director of Taylor Made Environmental, Europe, Ltd, the new facility includes a 5,000 sq. ft. warehouse, which is being stocked with over $1.7 million in inventory,and 2,000 sq. ft. of office space.


USCG Search For Boater Missing 50 miles South St Marks, Florida

US Coast Guard

  The Coast Guard is searching for a missing boater 50-miles south of St. Marks, Florida, Sunday. Missing is George Taylor, 60, from Tallahassee, Florida, who was reportedly sailing his 27-foot Catalina sailboat from St. Marks to Carrabelle Florida. A friend of Taylor’s called Coast Guard Sector Mobile to report him overdue at 4.p.m.Saturday. The caller’s last contact with Taylor was Thursday morning via social media; he reportedly stated his intentions were to be in


Total, ENN Ink 10-year LNG Supply Pact

European oil major Total has agreed to supply 500,000 tonnes a year of liquefied natural gas (LNG) for 10 years to China's privately-run ENN Group, Total said on Thursday. The supplies of the super-chilled natural gas will start in 2018 upon completion of ENN's planned receiving facility near


UAE Plans Floating LNG Import Terminal

File Image: an STS LNG Transfer in progress (image: Excelerate)

State-owned Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said. The floating import terminal is being supplied by U.S


Total Signs Deal to Supply LNG to China's ENN

Image: ENN Energy

 Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website.   The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's


Fincantieri Launches Majestic Princess for China

Majestic Princess (Photo: Fincantieri)

Italian shipbuilder Fincantieri has launched its first cruise ship destined for the Chinese market, and will now begin interior fittings ahead of the vessel’s delivery scheduled for spring 2017.   The newbuild Majestic Princess is the third ship of the Royal Princess class built for


EC Funding Gives Green Light to IMO Energy-Efficiency Project

​​The aim of the Maritime Technology Cooperation Centres project will be to help beneficiary countries limit and reduce greenhouse gas (GHG) emissions from their shipping sectors through technical assistance and capacity building. Pic:IMO

 Network of regional maritime technology cooperation centres to be established through €10 million funding contribution.   An ambitious IMO project to establish a global network of Maritime Technology Cooperation Centres (MTCCs) in developing countries is to go ahead thanks to a


ARENA Funded Study to Uncover Wave Energy Costs

ARENA) funding  Bombora to complete a detailed cost of energy study Pic ARENA

  The Australian Renewable Energy Agency (ARENA) is providing $181,000 funding to support Bombora Wave Power (Bombora) to complete a detailed cost of energy study for its Wave Energy Convertor (WEC). Bombora’s WEC design uses a responsive rolling membrane fitted to a long concrete


Vattenfall: Subsidy-free Offshore Wind by 2025

Sweden's Vattenfall expects to be able to build offshore wind power projects, one of the most expensive sources of renewable energy, without subsidies by the middle of the next decade, a senior company official said on Thursday. The state-owned utility plans to boost its wind power portfolio in


U.S. Drillers Cut Rigs to Lowest Number in Almost 6 Years

U.S. energy firms this week continued to cut the number of rigs drilling for oil to the lowest in nearly six years, data showed on Friday, suggesting drillers were preserving cash as they evaluate spending plans as crude prices hover near 12-year lows.


Port of Rotterdam Sets Record Throughput in 2015

Photo: Port of Rotterdam

 The Port of Rotterdam reported record volumes 466.4m tonnes in 2015 boosted by increased oil trade. Goods throughput in Rotterdam increased by a total 4.9%.   “Low oil prices result in high margins for the refineries, so they have large quantities of oil shipped in for refining


Chevron Mulls LNG Supplies to China

Image: Chevron Australia

 Energy giant Chevron has signed a preliminary agreement with China's ENN LNG Trading company to supply liquefied natural gas (LNG) from its $54 billion Gorgon LNG project in Western Australia.   Chevron plans to supply a unit of ENN Energy Holdings Ltd


Global Diving & Salvage Hires VP in Houston

Mike Brown (Photo: Global Diving & Salvage)

Global Diving & Salvage, Inc. has hired Mike Brown as Vice President of Energy Services, working from the company’s Houston office.   In his new position Brown, will focus his efforts to increase Global's position in the domestic and international energy market and will be


U.S. Senate Starts Debate on Broad Energy Bill

The U.S. Senate on Wednesday began debate on the country's first major energy bill in over eight years, featuring measures aimed at protecting the electric power grid against cyber attacks and speeding the export of liquefied natural gas.


Energy from the Ocean: The Ocean Thermal Energy Converter

A 1MW plant developed by the Korea Research Institute of Ships and Ocean Engineering (KRISO) which will be built for installation off the coast of South Tarawa, Republic of Kiribati, in the South Pacific Ocean.

Despite historic lows in traditional oil and gas energy markets, research and develoment continues in earnest on a number of projects designed to produce green energy. The latest, an Ocean Thermal Energy Converter (OTEC) from KRISO, received Approval in Principle from classification society Bureau


US Oil Drillers Cut Rigs for 6th Week

U.S. energy firms cut oil rigs for the sixth straight week, data showed on Friday, and were expected to shed more in coming weeks with three major U.S. shale oil companies slashing their spending plans after crude prices hit 12-year lows.  


VARO Energy Takes Full Control Over Hydrocarbon Hotel Tankstorage Terminal

Image: VARO Energy

 VARO Energy, a growing downstream player in the North West European-market, today announced that the group has completed its acquisition of Hydrocarbon Hotel (HCH), a modern hydrocarbon product blending and storage terminal in the port of Amsterdam from Blue Ocean Associates Ltd (BOA)






 
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