Large Diameter Drilling (LDD) announced the launch of LM Handling, a new business unit which has been established as a joint venture co-operation between Acteon companies LDD and MENCK. LM Handling offers global coverage in the field of offshore lifting and handling equipment and services on a sales and rental basis; will operate out of [...]
Fast evolving Oil & Gas engineering company, Fabricom Offshore Services has announced its relocation from Aberdeen’s Riverside House to larger office facilities at Berry Street in the city centre. The move, which comes less than a year after the company established a base in Aberdeen, is the result of new business and increases the company’s [...]
Incat Crowther has announced the launch of Swissco Cheetah, the first of a pair of 36m crewboats built by Cheoy Lee Shipyards of Hong Kong. Capable of carrying 50 tonnes of deck cargo, the 70-passenger vessel was delivered by Cheoy Lee’s Zhuhai shipyard to Singapore-based operator, Swissco Offshore, which provides marine services to the shipping and [...]
Nam Cheong Limited Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced the appointment of Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. He was Nam Cheong’s Executive Director, and the new appointment is in line with the Group’s strategy to strengthen and streamline the management team as it embarks on [...]
At today’s annual general meeting, shareholders of Ensco, a UK-based drilling contractor, elected two new directors to the board of directors of Ensco plc (NYSE: ESV) and passed special resolutions authorizing $2 billion in share repurchases and declassifying the board. The new board members are Roxanne J. Decyk, former Executive Vice President of Global Government [...]
A likely start date has been confirmed for drilling in the Matuku prospect in PEP 51906 off Taranaki in New Zealand. The permit’s operator, OMV, has advised that the semi-submersible rig Kan Tan IV is expected to begin drilling in mid-September. The well is expected to take 40 days to drill to a target depth of 4756 metres. [...]
The Board of Directors of PA Resources has decided with immediate effect to appoint Board member Philippe R Probst as the company’s CEO. Bo Askvik is thereby leaving his position as CEO but will be available to the company for a number of months. Philippe R Probst will be CEO during an interim period and [...]
Statoil was the highest bidder on 6 licenses in the 11th Round, the first licensing round in Brazil since December 2008. With the new licenses, Statoil has strengthened its position in the Espirito Santo basin. The award in Brazil’s 11th licencing round reflects Statoil’s extensive application and ambition of long-term growth in Brazil. Out of [...]
Chariot Oil & Gas Limited has announced that the Company has, subject to final contract, been successful in its bids for a 100% interest and operatorship in four shallow-water exploration licences, BAR-M292, BAR-M-293, BAR-M-313 and BAR-M-314, in the Barreirinhas basin, offshore Brazil. The acreage position of the combined licences totals 768km2 and the blocks are [...]
The Board of Norwegian Energy Company ASA (Noreco) announced that Svein Arild Killingland has been appointed as Chief Executive Officer (CEO) of the company group. Svein Arild Killingland will take office on Monday 13 May 2013. Svein Arild Killingland (57) was until recently employed as Senior Partner in HitecVision (2010-12). Killingland has previously held positions [...]