Oil Industry Services News

Shares in Dutch offshore oil industry services company SBM Offshore rose on Friday on a media report the company was close to settling a corruption probe with Brazilian authorities that has prevented it from bidding for work in a major market. The shares rose as much as 5.5 percent to a 17-day high of 15.29 euros after oil and gas magazine Upstream published an article indicating a deal was near, analysts said. SBM, which has been seeking a deal after being accused of paying bribes to executives of state-controlled oil company Petrobras, declined to comment. If it reaches a deal, SBM would be well placed to win a tender for the first floating production, storage and offloading (FPSO) platform for the giant Libra oil field offshore Brazil, KBC Securities analyst Tom Simonts said.

Crowley Maritime Corporation announced today that company veteran Craig Tornga has assumed the role of vice president of stakeholder relations for Alaska, and will coordinate with all of Crowley's Alaska business units to leverage relevant company relationships. Tornga will relocate from Houston to Anchorage, and continue to report to Rocky Smith, senior vice president and general manager, petroleum distribution and marine services. “Crowley has been serving Alaska for more than 60 years and we are deeply rooted in the state,” said Smith. “Craig is the ideal person to help us continue to build partnerships with government, regulatory agencies, native Alaska corporations, trade associations, citizen advisory boards and more.

Craig Tornga, general manager of oil industry services for Crowley Marine Services in Alaska, was awarded the 2001 Thomas Crowley Trophy, Crowley Maritime Corporation's highest honor, at ceremonies held last week in Seattle. Tornga, based in Anchorage, is a member of Crowley's Energy and Marine Services group, which is part of the corporation's Contract Services segment. Created more than a decade ago, the Thomas Crowley Trophy award honors employees with outstanding performance, whose dedication, leadership, initiative and productivity most clearly reflect those of the company's founder. The trophy, a limited edition, bronze sculpture depicting young Thomas Crowley as he ferried goods to and from ships on San Francisco Bay in the early 1890s…

Cole Cosgrove, director of contract operations for Crowley’s Puerto Rico and Caribbean Services, was awarded the 2001 Thomas Crowley Trophy, Crowley Maritime Corporation’s highest honor, at ceremonies held last week in Jacksonville. Cosgrove, who is based in Jacksonville and works for the corporation’s liner services segment, is the second trophy winner this year. Craig Tornga, general manager of Oil Industry Services for Crowley in Alaska, received the first trophy presented in late May. Tornga is a member of Crowley’s Energy and Marine Services group. The Thomas Crowley Trophy honors employees with outstanding performance, whose dedication, leadership, initiative and productivity most clearly reflect those of the company’s founder.

Craig Tornga, general manager of oil industry services for Crowley Marine Services in Alaska, was awarded the 2001 Thomas Crowley Trophy, Crowley Maritime Corporation's highest honor, at ceremonies held last week in Seattle. Tornga, based in Anchorage, is a member of Crowley's Energy and Marine Services group, which is part of the corporation's Contract Services segment. Created more than a decade ago, the Thomas Crowley Trophy award honors employees with outstanding performance, whose dedication, leadership, initiative and productivity most clearly reflect those of the company's founder. The trophy, a limited edition, bronze sculpture depicting young Thomas Crowley as he ferried goods to and from ships on San Francisco Bay in the early 1890s…

Kvaerner beat market expectations with a jump in first-quarter profits, and the company reiterated opposition to a tie-up with Norwegian oil industry services rival Aker. Kvaerner, trying to recover from a wrenching 1999 restructuring, said pre-tax profits leapt to 151 million crowns ($16.66 million) in the quarter to March 31 from 10 million crowns in the same period of 2000. Net profits leapt to 110 million from 10 million. "We're not jumping for joy about it but with the starting point we've had this has to be a pleasant confirmation that we are on the right track," Chief Executive Kjell Almskog told a news conference. Operating profits…

ceremonies held last night in Anchorage, Alaska. founder. winners of the award. management team. General Manager, Latin America Services. years," said Crowley. outside his normal scope of responsibility. USS New Jersey and USS Iowa, as well as the aircraft carrier USS Oriskany. He also helped secure a role for Crowley as a contractor for the U.S. 2001 Ehime Maru recovery and relocation operation in Hawaii. sank in 2,000 feet of water on Feb. Diamond Head. ocean floor about 12 miles off Oahu. position in the very competitive ship assist business. is a tremendous honor," Busch said. served aboard company tugs as a chief mate. responsibility. U.S. Navy Salvage Contract. director of sales for ship assist and escort services in 2001. Response Alliance LLC. Southwest Alaska Pilots Association.