Semco Maritime Generated Positive Operating Results in 2017
Semco Maritime’s revenue shrunk to DKK 1,408 million in 2017 against DKK 1,598 million in 2016 as the offshore services provider observed continued price pressure and market hesitancy amid postponed projects and growing competition across its business areas.“Even though oil and gas prices increased during the year, the majority of 2017 was characterized by continued low activity and tough competition in the oil and gas industry. Towards the end of the year, demand from customers…
Subsea 7 Awarded Contract Offshore Nigeria
Subsea 7 S.A. announced it was awarded a contract by Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in shallow water, offshore Nigeria. The contract scope includes engineering, construction, transportation, installation and pre-commissioning of 20 kilometres of 24" Corrosion Resistant Alloy (CRA) pipeline between the Idoho Platform and the terminal onshore and of 2 kilometres of 24" CRA pipeline between the Edop and Idoho Platforms, as well as associated topside modifications and tie-ins at both ends.
Fournier Joins The Ulven Companies as Sales VP
The Ulven Companies has hired Steve Fournier as Vice President of Sales. Fournier will be responsible for strategic leadership, business development and management in building, driving and executing sales for all companies. Fournier brings to the role more than 15 years of experience in the oil and gas industry, the last 11 years of his career in a number of leadership capacities at oilfield services firm Express Energy Services. The Ulven Companies is a family of five companies (Ulven Forging, Ulven Aerospace, Skookum, Wolf Steel, and Houston Structures) providing a variety of forging, casting and machining processes.
BW Offshore Gets FPSO Abo extension
Global provider of floating production services to the oil and gas industry BW Offshore has signed an interim extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 30 April 2018. The short term extension has been agreed to secure operational continuity while joint work is continuing to conclude the negotiations. Two weeks ago, BW Offshore received notice from Petrobras of the exercise of a one-year extension of the contracts relating to the FPSO Cidade de São Mateus.
Oil & Gas Firms: Key Role in Asia
International oil companies remain vital to the growth of Asian oil and gas industry. Asia still requires the injection of profit-driven innovation from international oil companies, sector leaders claim. Asia needs international oil companies to continue to play a large and essential role in the oil and gas industry’s research and development activity, despite the growth of national oil companies, a group of the region’s oil and gas industry leaders has stated. The comments were…
Tidewater Elects Taylor to Board of Directors
Tidewater announced the election of Cindy B. Taylor to its Board of Directors for a term expiring in July 2008. Mrs. Taylor comes to Tidewater with a distinguished and successful career in the oil and gas industry. Since May 2006, Mrs. Taylor has served as President and CEO of Oil States International, Inc., a diversified solutions provider for the oil and gas industry. From May 2000 through May 2006, Mrs. Taylor was a Senior Vice President, Chief Financial Officer and Treasurer of Oil States. Taylor previously held executive positions with a public drilling company and various management positions in public accounting. Taylor earned her Bachelor of Business Administration (B.B.A.) degree from Texas A&M and is a Certified Public Accountant.
Strategy Engineering Wins O&G Company Award
Strategy Engineering & Consulting, LLC announce that it was named the winner of the Oil and Gas Awards Engineering Company of the Year for the Gulf Coast Region in 2012, announced Strategy President Chris Morris. “The Engineering Company of the Year award recognizes engineering excellence and achievements within the oil and gas industry in the Gulf Coast region," Morris said.
Malta Shipbuilding Site Converted for Oil and Gas Industry
The Maltese government is all set to set to transform the ex-Malta Shipbuilding site into a service hub for the oil and gas industry, directly employing 160 people while paving the way for Malta to benefit from growing business in the Mediterranean region. The had sought bids for the concession of the 175,000 square metre site for its development as a maritime hub. Twenty-eight expressions of interest were submitted, followed by six bids, and last January, Ablecare Oilfield Services Group – a Maltese company established in 2001 – was announced the preferred bidder for the site.
Setron Joins Shipbuilding Business
Bhd, an electronics company, has diversified into the shipbuilding business by partnering Pong Leung Swee to set up and operate a shipyard on Carey Island, Selangor, Malaysia Setron said the alliance entails designing and building ships and similar vessels to primarily serve the oil and gas industry. "The company is confident that the demand for new crew boats and other support vessels for oil and gas industry in the region is promising. A new joint venture company will be formed and Setron would hold 51 percent while Pong would have the rest. Source: Business Times
World Petroleum Congress Poll on Energy Careers
Delegates at the World Petroleum Congress believe the oil and gas industry is not doing enough to encourage future generations to join the sector, according to research from GL Noble Denton. Oil and gas industry professionals believe that the sector needs to work harder to encourage future generations to choose a career in energy, according to a poll conducted yesterday at the World Petroleum Congress in Doha. 57% of participants said companies need to make greater efforts to demonstrate the benefits of a career in the oil and gas industry to young people…
DNV GL Opens New Vietnam Office
DNV GL announced that it has moved into a new office that was officially opened by His Royal Highness Crown Prince Haakon of Norway and Henrik O. Madsen, Group President & CEO, DNV GL. The official ceremony was part of the program of the Norwegian trade delegation visiting Vietnam this week. Besides the Crown Prince, the Norwegian Minister of Trade and Fisheries, Monica Mæland also attended the inauguration ceremony. DNV GL has had a presence in Vietnam since 1995. Starting out as a Representative Office…
GL Noble Denton Commissions Report on Outlook for Oil and Gas 2012
GL Noble Denton commissions new Economist Intelligence Unit report on the outlook for the oil and gas industry in 2012. GL Noble Denton, the independent technical advisor to the oil and gas industry, is calling upon sector professionals to contribute to what will be one of the most comprehensive sector outlook reports to date, a sequel to the Economist Intelligence Unit’s commended study: Deep water ahead? The outlook for the oil and gas industry in 2011, sponsored by GL Noble Denton earlier this year.
OilCareers.com Joins Forces With Air Energi To Announce Latest Oil & Gas Workforce Survey
March 14, 2011: Salaries in the global oil and gas industry are to increase throughout 2011 according to a joint report from OilCareers.com, the international job board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector. Focusing on employment and salary trends in the energy sector throughout 2011 the report, entitled ‘The Global Oil & Gas Workforce Survey: Expectations for hires and pay rates in the oil and gas industry H1 2011’…
GL Noble Denton Appoints Dr Vicki Niesen
GL Noble Denton appoints Dr Vicki Niesen to lead Hydraulic and Flow Assurance Consulting Services for Americas Brings more than 25 years of industry leadership in flow assurance to GL Noble Denton's American operations alongside senior colleague, Dr Trent Brown. Houston/Texas, 26 April 2011 - GL Noble Denton, the global independent technical advisor to the oil and gas industry, has appointed Dr Vicki Niesen to lead its Hydraulic and Flow Assurance Consulting Services department in the Americas.
Study: O&G Setback Cost U.S. Jobs
figures. According to the study conducted by Quest Offshore Inc., the Gulf offshore oil and gas industry supported more than 240,000 jobs across the country while contributing more than $26 billion to the nation’s GDP in 2010. "The Gulf offshore oil and gas industry supports tens of thousands of jobs outside the Gulf of Mexico," said Randall Luthi, president of NOIA. But offshore industry-related jobs are down from 2008, the study shows, due in part to the poor economy, the deepwater moratorium, and the continuing slow pace of new drilling permits in the gulf. More than 60,000 jobs have been lost in the Gulf States alone since 2008, according to the study.
Offshore Industry Media Service: RigNet & SnapTV Collaborate
RigNet, Inc., specialitsts in managed remote communications signs reseller agreement with Norwegian maritime & offshore infotainment company SnapTV. "We are at a point in the oil and gas industry when media management systems, including those for crew welfare, are becoming more important," said Marcus D. Waters, global product manager for collaboration services at RigNet. "With SnapTV, we can provide robust and flexible media systems to our customers and enable immediate access to infotainment and media management solutions as a result of this agreement. SnapTV has specialized in media management for bandwidth-restricted environments and supports fleet-wide management of audio and video for applications such as crew infotainment…
Vietnam University Selects Intergraph SmartMarine Enterprise
PetroVietnam University (PVU) joined the Intergraph Education Grant Program. PVU is located in the offshore oil and gas hub of southern Vietnam, and was established to focus on the development of the country's oil and gas industry. The Vietnamese university recognized that it needs to equip its students with the necessary skills and knowledge so that they are ready to apply the tools that employers already use when they join the work force. PVU will provide its students with access to SmartMarine Enterprise solutions, including SmartMarine 3D, SmartPlant Review, SmartPlant Instrumentation, SmartPlant Electrical, SmartPlant P&ID and SmartSketch. Intergraph's ruled-based technology features unique automation capabilities, which was a compelling factor in PVU's decision.
Hovem Named CEO of DNV GL Oil & Gas
Liv Hovem will step in as CEO of DNV GL’s Oil & Gas business area from January 1, 2018. She will be based at the DNV GL – Oil & Gas headquarters in Høvik, Norway as a member of the DNV GL Group's Executive Committee reporting to Group President and CEO Remi Eriksen. Hovem succeeds Elisabeth Tørstad, who has been appointed CEO of DNV GL’s new Digital Solutions business area. Hovem has been with DNV GL since 1988, most recently as Regional Manager for Continental Europe, the Middle East and India in DNV GL’s Oil & Gas business.
SCS, NDT To Form Joint Venture
Stolt Comex Seaway and NKT Holding will reportedly create a new firm to make equipment for the offshore oil and gas industry.
MMS and USCH Sign Oil & Gas Agreement
The U.S. Department of the Interior's Minerals Management Service (MMS) signed a Memorandum of Understanding (MOU) with the USCG specifying which agency will be responsible for certain aspects of oil and natural gas exploration, development, production, and transportation activities on the Outer Continental Shelf (OCS). The MOU identifies 27 areas of responsibilities for both agencies. For example, MMS will be responsible for most drilling and production matters, pipeline operations, emergency shutdown systems, inspection and testing of production and drilling equipment, decommissioning platforms, and investigating oil pollution related to provisions in the OCS Lands Act.
Sir Frank Chapman Appointed Golar's Chairman
Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman. Sir Frank Chapman has worked 40 years in the oil and gas industry culminating in a twelve-year period as Chief Executive of BG Group plc. Under Sir Frank's leadership, BG Group grew from the modest UK-based Exploration and Production interests of the old British Gas into an international integrated oil and gas major. Operating profits grew from some $50 million in 1996 to more than $8 billion in 2012.
Mermaid Maritime Opens New Office
Denmark's Mermaid Maritime (Vietnam) Ltd. has opened its office in Ba Ria-Vung Tau Province under a cooperation agreement between Vietnamese and Danish firms in the oil and gas industry. The event took place early this week on the occasion of a Vietnam visit by eight Danish offshore industry companies from October 9-13 to explore business opportunities. Mermaid Maritime (Vietnam) is located in Dong Xuyen Industrial Park. Though it was set up in October 2004, it has already become a market leader in marine and offshore safety equipment in Vietnam. The visit also takes in Hanoi and HCMC. The delegation is scheduled to join seminars aimed at looking into the prospects-for cooperation in the oil and gas industry. The seminars are arranged by the Danish embassy in cooperation with PetroVietnam.
Tenders Called for Floating Dock
The State Government has called for tenders for the construction of a floating dock at the Australian Marine Complex ( AMC ) in Henderson. Industry and Enterprise Minister Francis Logan said the floating dock was part of the $174m AMC expansion announced by Premier Alan Carpenter last year. The Minister said Australian-based companies were increasingly becoming recognised for their capacity to deliver complex contracts, especially in the shipbuilding and oil and gas industries. The floating dock was crucial to securing long-term maintenance work on the Royal Australian Navy ( RAN ) Collins Class submarine fleet, as well as enhancing WA’s bid for ongoing defence contracts.