Aker Solutions Names EVP for Sustainability
Wind.Aker Solutions said the company's strategy included two key pillars, one as a services supplier to oil and gas companies, the other focused on low-carbon business opportunities."By 2025, the company’s objective is that one-third of the revenue should come from low-carbon oil and gas projects or from renewable energy business. By 2030, the objective is that this will count for two thirds of the revenue," Aker Solutions said."We have already established a strong offering to the market for sustainable energy production, such as offshore wind power and projects for carbon
Ocean Installer Names Director to Lead Offshore Wind Branch
ambition.Odd Strømsnes, CEO of Ocean Installer said: "I am very excited about this new chapter for our company, which makes Ocean Installer even morerelevant in the ongoing global transition from oil and gas to renewable business. Our proven track record from complex subsea oil and gas projects will be key for success in the process of installing and developing offshore wind farms going forward."The newly appointed Offshore Wind Farms director, Hetland, has more than 30 years’ experience within the energy industry, of which more than 17 years within renewable energy.
Karoon Energy CEO Steps Down after 16 Years at Helm
Australian oil and gas company Karoon Energy has said that its founder and CEO Robert Hosking will step down after 16 years at the helm.The company, with oil and gas projects in Australia, Peru, and Brazil, said Wednesday that Hosking had informed it of its decision to retire at the 2020 Annual General Meeting.Commenting on his retirement plans, Hosking said: “After 16 years at the helm, and having transformed Karoon from a A$8 million pure-play exploration company in the onshore Gippsland Basin, to making offshore gas discoveries in the Browse Basin, reaching the ASX 200 index, developing a
McDermott Names Senior VP for EMEA Region
of our regions to form EMEA considering he grew up in the Middle East and has worked with our customers in both regions covering offshore and onshore segments."Kawash has nearly 30 years of experience in the engineering and construction industry with domestic and international assignments for oil and gas projects. Prior to McDermott's combination with CB&I in 2018, he was CB&I's Group Vice President, Engineering and Construction International. Prior to joining CB&I in 2000, he worked with KBR for two years and Consolidated Contractors Company for seven years.Kawash has a Bachelor
UK Offshore Workers Call for Gov't to Invest in Oil Projects
British unions representing offshore workers said on Monday the government should invest taxpayer money directly into oil and gas projects to save the sector rather than extend welfare payments to furloughed staff.In a joint statement, the unions said they expected around 3,500 workers to be out of a job by September and that their members in the drilling sector were told their employers did not see any upturn in their sector before 2022."We see it as vital that we get the government to invest in projects, not as operating partners but as equity partners, providing low cost loans to operators
Sovcomflot Elects New Chairman and New CEO
of cargo transported along the Northern Sea Route, with LNG shipments – one of Sovcomflot's areas of specialization – accounting for more than a half of the anticipated cargo volume."The effective implementation of long-term, capital-intensive transportation solutions for oil and gas projects requires the development of a fundamentally new relationship between all major stakeholders, including transport providers, oil and gas companies, financial institutions, shipbuilders, and other organizations. A blueprint for such an operating model was established this year with Sovcomflot
Christie Joins OEM Group in Technical Support Role
of technical estimating manager for nine years. Christie is a time served experienced engineer who started his career as an apprentice diesel engineer before going on to hold roles including service engineer, workshop foreman and technical engineer. He has also worked internationally on oil and gas projects in the Middle East, Asia, Far East and the U.S. He has experience in leading a number of large-scale global projects which have harnessed tangible results including projects on drilling rigs which required the main engines and generators to be upgraded to increase power output, with
Could Offshore Crewing Requirements Make Things Worse?
It has been years (2009) since I last wrote an article discussing the availability of U.S. citizens to work offshore in support of oil and gas projects during a downturn in the economy. And now, it is even worse. With the price of oil and gas remaining depressed for many months now, and the many new developments related to drilling ashore, and domestic vessels remaining stacked in the Gulf of Mexico (GOM), companies are working hard to find work in any market around the world. This downturn in activity also means less jobs for U.S. citizen seafarers. This of course all means that everyone is
Nick Sloane Joins Resolve Marine Group
;Nick is a force in the industry and now that Resolve has a worldwide footprint, he is a natural fit,” said Joe Farrell, President and CEO of Resolve Marine Group. Sloane brings more than 34 years of experience to the organization, having overseen an extensive list of salvage and oil and gas projects across the globe including the Americas, Europe, Russia, Asia, the Middle East and Africa. He was a member of the Lloyds Panel of Special Casualty Representatives and most recently served as the Senior Salvage Master of the Costa Concordia salvage operation off the Island of Giglio, Italy.
LOC Group Announces Two Appointments
Services Director (Alex Harrison) with the continued development of LOC’s global marine warranty surveying activities across its 33 offices. A master mariner by background, John has worked for large engineering consultancies and oil companies around the world taking the lead on a range of oil and gas projects. He has many years’ experience in marine warranty surveying and has developed extensive relationships in the insurance markets in Houston, Singapore, Dubai, Oslo and London. Mark McGurran joins the LOC Singapore office bringing with him 12 years’ seagoing experience up
LOC Appoints Harrison, Solomons
of LOC Australia in Perth since 2011 and is key player in the continued development and expansion of LOC’s portfolio of work in both Australia and the Asian region, the company said. Adam studied Naval Architecture at the University of New South Wales after which he worked on offshore oil and gas projects in Australia, the North Sea and the Caspian. He joined LOC Australia in 2006 since then he has been engaged in managing increasingly complex and large marine warranty survey contracts from the Perth office.
Gallagher Returns to Foss Maritime
in 1991 and served in a variety of roles including Director of Sales for Marine Transportation, PNW Regional Operations Manager and Director of Oilfield Services. He managed business development and service delivery in support of project logistics for heavy lift cargo transportation for upstream oil and gas projects. During the past few years, Paul has been the Director of Project Services at TOTE Logistics and has worked collaboratively with Carlile, Totem Ocean Trailer Express, Delta Western, Northern Air Cargo and Foss Maritime on a wide variety of projects in Alaska, Canada and the lower 48 states
Offshore O&G: Cuts, Delays in Norway as Costs Soar
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday. Most vulnerable will be small fields, projects to increase the recovery from producing assets, and new finds further than 40 km from existing infrastructure, Nyland told Reuters. Oil firms are cutting back on capital spending across the world as years of cost inflation has squeezed margins, cutting back their ability to pay dividends. Norway, where the per
