People on the Move

Ensco appoints non-executive chairman

Ensco plc has named Paul Rowsey as non-executive chairman of the board of directors following Dan Rabun’s planned retirement on May 18.

Lloyd’s Register names Marsh to succeed Sadler as CEO

Lloyd’s Register’s Richard Sadler has decided to step down as CEO at the end of 2015, after eight years in the role. 

CNOOC appoints chairman

Wang Yilin has resigned from his positions as chairman of the board, chairman of the Nomination Committee, and non-executive director of CNOOC Ltd. 

Business Briefs

US must not take its energy resources for granted

Each May, members of the offshore oil and natural gas industry gather in Houston for the Offshore Technology Conference to learn about the newest technology that enables our industry to stay at the...

OTC 2015: Prescriptive, predictive analytics drive GE Marine’s SeaStream Insight

At the Offshore Technology Conference in Houston, GE Marine launched SeaStream Insight, powered by GE’s Predix platform.  

OTC 2015: Underwater Integrity Solutions offers independent approach to subsea integrity 

Underwater Integrity Solutions, an independent company focused on subsea integrity management, has launched on the inaugural day of the Offshore Technology Conference in Houston.

Saudi Arabia reorganizes Aramco

Saudi Arabia has created a new 10-member supreme council for Saudi Aramco.

OTC 2015: Underwater Integrity Solutions announces formation

Officials have announced formation of a new comany named Underwater Integrity Solutions.

Damen Shipyards launches ice class RO-PAX ferry

Damen Shipyards recently launched the MV Veteran, an 80-m (262-ft) ice class Ro-Pax ferry.

Changing behavior in well control management

The recommendations from the International Association of Oil and Gas Producers following the Macondo well blow-out clearly called for a sharper focus on the technical content of well control train...


Steven Newman has resigned as president, CEO, and a director of Transocean Ltd. Until a permanent replacement is named, Ian Strachan, chairman of the company's board, will also serve as interim CEO.

Company News

Online exclusive: Oil and gas M&A activity on the uptick in 2015

While this year is likely to see a renewed level of mergers and acquisitions activity across the oil and gas sector globally, 1Q 2015 witnessed stalled activity due to a low oil price environment.&...

Wood Mackenzie acquisition closes

Verisk Analytics Inc. has completed the acquisition of Wood Mackenzie Ltd. The purchase price was £1.85 billion ($2.8 billion).

Crowley acquires crew management company

Crowley Maritime Corp. has acquired Maritime Management Services Inc., a Seattle-based crew management company for offshore oil and gas vessels, primarily in Singapore and the Gulf of Mexico.

FEI, Weatherford Laboratories to offer reservoir characterization

FEI (NASDAQ: FEIC) and Weatherford Laboratories have joined to offer advanced reservoir characterization services.

Aker commits to AVEVA software

AVEVA has entered a multi-year agreement with Aker Solutions to supply AVEVA Everything3D (AVEVA E3D) software.


Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pinch, others are still moving forward with field de...
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