orca subsea

September 1, 2017

Statoil rapped over crane crash on Gullfaks B

Norwegian operator Statoil has been reprimanded by a safety watchdog over a potentially fatal accident involving a crane on an offshore platform. The company was forced […]
September 1, 2017

Petrofac’s chief executive has been fined €300,000 by Italian authorities

 The chief executive of oil services company Petrofac has been fined more than €300,000 for allegedly acting on inside information by Italian financial regulator Consob. According to […]
September 1, 2017

£290,000 shares for Wood Group chief

WOOD Group chief executive Robin Watson has been awarded shares worth around £290,000 in the oil services giant. Mr Watson exercised options to acquire 50,806 shares […]
August 31, 2017

Eiffage set to buy Saipem’s maritime business

Eiffage is in exclusive negotiations to buy the maritime works activities of Italian contractor Saipem. The activities had a turnover of close to €100m (£92m) in […]
August 30, 2017

Shell was ordered to shut down North Sea Armada platform

Shell was ordered to shut down a North Sea platform by health and safety inspectors over concerns that corroded pipework could cause an explosion. Inspectors found […]