Over 300 Companies Sign 'Neptune Declaration' to Ease Crew Change Crisis
with colleagues on land.Shipping industry officials say many sailors are at breaking point and many have been at sea for longer than an 11-month limit laid out in a maritime labor convention.The companies, which include shipping groups such as A.P. Moller Maersk, miners Anglo American and Rio Tinto, oil majors BP and Royal Dutch Shell as well as trading companies Cargill, Trafigura and Vitol, will boost information sharing as signatories of the “Neptune Declaration” initiative.“All of us have a duty of care to seafarers,” said Kit Kernon, global head of shipping at Vitol.&ldquo
Coronavirus, Consolidation Taking Toll On Energy Jobs
Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be a prolonged stretch of weak demand.Exxon Mobil Corp said it will cut its workforce by 15%, or about 14,000 people, along with oil majors Chevron Corp and Royal Dutch Shell Plc.All told, more than 400,000 oil and gas sector jobs have been cut this year, according to Rystad Energy, with about half of those in the United States, where several big exploration companies and most large oil service companies are headquartered.Coronavirus has devastated swathes of the global economy
Norstar Hires Grünitz as Managing Director
our focus has been on tanker management we will now look to diversify into the management of other ship types including dry cargo where we see increased regulation more in line with the tanker market which has been heavily regulated for many years now.”NSM manages tankers on time charter to oil majors and is looking to replicate the same standards in other sectors as it diversifies its managed fleet, he added
Nigeria Tells Oil and Gas Firms to Cut Staff in Covid-19 Fight
of the regulator, according to a post on the department’s official Facebook page.On Sunday, the regulator ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations, also measures to curb the spread of the virus. Companies operating in the country include oil majors Shell and Chevron.Nigeria Tightens Offshore Rules as 6 OSV Workers Test Positive for Covid-19Nigeria is keen to protect oil production, which provides 90% of much-needed foreign exchange. A coronavirus case on an offshore rig could spread quickly among workers and have a potentially devastating
Strategic Appointment for Carlton Resource Solutions
the Aberdeen-based business as operations director with a remit to enhance the firm’s capabilities through his expertise both in the UK and internationally.Carlton, part of the Maxwell Drummond Group, supplies engineering, technical and commercial personnel to the energy industry, including oil majors, independent operators and engineering contractors.Most recently president of operations – Canada for a global recruitment business, Robertson has an honors degree in Business Studies from the Robert Gordon University and has extensive experience in global oil and gas producing regions such
Saipem CEO Could Be Reappointed in May
will propose at a shareholder meeting in May. Cao's name was second in the list, a position which traditionally indicates the name of the potential CEO. Saipem shares have fallen more than 80 percent in the last three years as the sector continues to suffer from lower spending from oil majors. There had been speculation Cao might not have been confirmed. (Reporting by Stephen Jewkes, editing by Valentina Za
Stream Marine Training Secures OPITO Approval
at Glasgow Airport. “This is our first OPITO approval, which give us status as an OPITO approved training centre,” White said. “This is an extremely hard standard to secure effectively dictated by oil and gas work groups, made up of industry representatives from the oil majors, training providers and trade associations. It is the result of an exceptional team effort which will now open up new markets and possibilities for SMT. “SMT has gained approval for our Offshore Emergency Response Team Member course and a further refresher which needs to be taken
Townley, Mankey Join Halcyon Recruitment
companies such as Shell, Maersk and BP. Mankey, a principal consultant with over four years’ experience within the maritime sector, has placed technical and marine superintendents, HSEQ managers, crewing managers, fleet managers, technical directors and CEOs for ship owners, ship managers and oil majors, among others. Mankey has worked as a recruitment partner within the contingent and executive search markets for a diverse range of high profile shipping companies throughout the U.K., Europe and the Middle East
High Crew Retention Helps Grow MMSI Workforce 25%
its parent company the Japanese ship owner Meiji Shipping Group, which is expanding its tanker fleet by seven new ships which are expected to come online by 2017-2018. These include four new 28,000 DWT medium range (MR) vessels tankers to be delivered to Meiji in the first half of 2016 for charter to oil majors and other oil companies. “MMSI is looking to recruit a further 80-90 seafarers from India to help man these new ships,” he said. “The positions we are seeking to fill will be across the full spectrum of roles from officers and masters to chief engineers. A number
Meiji Shipping Expands with Four New Tankers
. A number of senior positions will be filled from our existing workforce to ensure the ships have the right levels of experience and expertise." Bhavnani, an experienced former ships chief engineer, said the new ships would support Meiji’s drive to charter more of its vessels to the oil majors as well as smaller oil companies. “The expansion of the oil tanker fleet has been very carefully planned by Meiji,” he said. “This is very much a long term investment designed to position ourselves as the most competitive operator in the world. We are optimistic the global
North Sea Job Losses Raise Skills and Safety Concerns
Cost-cutting in Britain's North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised. A plunge in crude prices over the last 12 months has prompted oil majors such as Royal Dutch Shell, BP , Chevron and ConocoPhillips to lay off hundreds of workers. Oil field services groups such as Amec Foster Wheeler , Wood Group and Petrofac are also in consultation with employees over job cuts. "We have seen a lot of panicking," said Alastair Cole, a director at
UK's Oil Services Firms to Cut Jobs to Ride Out Price Slump
company whose customers include BP Plc, said it was in consultation with 380 PSN unit employees, or about a fifth of its onshore UK workforce for the unit, and that 80 jobs could be lost. Britain's North Sea is one of the most expensive exploration areas in the world and has seen oil majors cut hundreds of jobs. The region employs over 400,000 people. To help the battered industry, Britain announced last month a series of oil tax cuts and the creation of an investment allowance to revive oil production that has fallen to the lowest level since fields started pumping fossil
Schlumberger Slashing 9,000 Jobs
would take a $1 billion charge related to jobs cuts and the writedown of some seismic vessels. "They did say they would be cutting jobs, but the magnitude of them is definitely a shocker," Philip Van Deusen, an analyst with Tigress Financial Partners LLC, told Reuters. A slew of global oil majors such as BP Plc and ConocoPhillips have cut jobs due to a nearly 60 percent slump in oil prices over the past six months. Brent crude closed at $47.67 on Thursday. "If oil prices stay at this level, none of these companies would just be able to adjust with one round of workforce reductions
Oil Majors Cut Staff in Iraq on Violence Fears
vigilance after attacks on facilities in various parts of the world, including one which killed dozens of workers at a BP gas plant deep in the Sahara desert 18 months ago. The speed with which ISIL fighters have routed Iraqi forces underlines their potential to surprise. Almost all international oil majors work with Baghdad on joint projects including Exxon, BP, Royal Dutch/Shell, ENI, Gazprom Neft, Lukoil and Chinese firms. Security sources working for the oil industry say companies will proceed with a full evacuation of the hundreds of foreign staff they employ in Iraq only if there is a major
The Crowley Way
with our ATBs to replace the single hull tonnage that was being phased out, and we felt that we were an early mover into the ATB space, building out a fleet of 17 vessels,” Crowley said. “So we were pretty in tune with what our customer base needed in terms of transportation, across the oil majors. None of them saw this coming. We didn’t see this coming. When it happened we were in a fortunate situation where we were able to conclude a deal very quickly,” to acquire a pair of tankers, Florida and Pennsylvania, built by Aker Philadelphia. In a matter of weeks Crowley had commandeered
