
Patrick Phelan has been appointed managing director of Aquaterra Energy Ltd.
Phelan succeeds George Morrison, who will continue with the company in a technical and commercial support role.

Rosneft appoints presidentRosneft (MICEX:ROSN) has appointed Igor Sechin as president. |
Island Offshore extends FMC contracts for North Sea LWIFMC Technologies Inc. (NYSE:FTI) has signed two five-year contracts with Island Offshore Management AS to supply light well intervention (LWI) services for Statoil in the North Sea. |
Record bids for latest UK license roundBritain has received a record number of applications in its latest offshore licensing round. |
Cooper assigns Tunisia well operations to AGRCooper Energy has contracted AGR for drilling services offshore Tunisia. |
Statoil takes LWI rigs on long-term chartersStatoil (OSE:STL;NYSE:STO) has awarded contracts totaling $1.56 billion for three new “Category A” light well intervention (LWI) vessels, two to Island Offshore Management and one to Eide Marine Services. |