GAC Opens Offices in Harwich & Ramsgate
Gulf Agency Company (GAC), a global provider of shipping, logistics, and marine services, has opened two new branches, in Harwich and Ramsgate, to meet the increased demand in oil, gas and renewables work in the South of England.Both locations are actively servicing projects within their areas,…
VA Offshore Wind: A Strong Foundation
Virginia officials have established a well-planned, extensive strategy to build out an offshore wind industry, including wind towers for electricity generation and the supply chain to support that extensive infrastructure and operations. The State’s big picture is ambitious: developing 2,000 MW of offshore wind by 2028.As currently envisioned…
Corvus Energy Acquires Grenland Energy
Corvus Energy Holding, the Energy Storage Systems (ESS) supplier to the maritime industry, has signed an agreement to acquire all shares in the Norway-based Grenland Energy, which develops and manufactures lightweight lithium-ion batteries for the maritime, offshore and subsea industry.“The market for battery storage is increasing rapidly.
Simmons Edeco Sells European Well Integrity Division
Simmons Edeco, supplier of onshore drilling and workovers, wellhead maintenance services and asset integrity solutions, said it has sold its Simmons Edeco Europe well integrity service division to Well-Centric Oilfield Services, a member of the FrontRow Energy Technology Group.According to the Calgary-based oilfield service company…
Crowley Supports Platform Tow-out, Installation in US Gulf
Crowley Maritime Corp.’s ocean class tugboats and 455-series high-deck strength barges recently played an integral role in the tow-out and installation of Hess’ Stampede tension-leg platform (TLP) in the deep waters of the U.S. Gulf. Demonstrating both nearshore and offshore capabilities, six Crowley…
Hvid to Take Over as Teekay President and CEO
Teekay Corporation’s board of directors has elected Kenneth Hvid to succeed current president and CEO, Peter Evensen, who will retire January 31, 2017 after more than 13 years with the company. Hvid is presently serving as president and CEO of Teekay Offshore Group Ltd. “Kenneth Hvid is the natural successor to Peter Evensen as CEO of Teekay at this time…
RigNet Communication Network for Offshore Energy Company
RigNet, Inc. today announced that it has been awarded a multi-vessel contract providing RigNet's managed communication network for an international offshore energy service company that performs well intervention, subsea contracting and other services. RigNet also is delivering communication services…
Clariant Announces Two Texas Takeovers
Clariant's hunt for U.S. oil- and gas-related assets paid off on Wednesday as the Swiss chemical maker bought two Texas-based businesses whose products are used in drilling, fracking and other processes needed by energy customers. Chief Executive Hariolf Kottman has lamented that the North American footprint of his oil-chemicals business was too small…
Speedcast Acquires Hermes Datacommunications
SpeedCast International Limited, a global satellite communications service provider, has signed a definitive agreement for the acquisition of Hermes Datacommunications International Ltd, a global provider of managed network services for the upstream oil and gas industry. The acquisition will create…
Russia Oil Output at post-Soviet High
Output up 0.7 percent in 2014; exports to China up 43 percent. Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday. Oil and gas condensate production in December hit 10.67 million bpd…