Bibby Marine Appoints Samuels as CEO
award-winning Bibby WaveMaster 1 : and Bibby HydroMap which provides leading subsea mapping and data analysis services.Bibby Marine Ltd is a subsidiary of Bibby Line Group – a diverse, $1 billion global business, operating in 16 countries, employing 4,000 people in sectors including retail, financial services, distribution, marine and construction equipment hire
UK Support Low-Carbon Maritime Technology
sustainable years into the future."The government is also announcing a push to bring financiers and budding entrepreneurs together to help innovation flourish in the sector.The new Green Finance for Maritime conference in Summer 2020 will bring together representatives from the government, financial services and technology sector to build relationships and broker new deals. This will help cement the UK’s position as a global hub for the provision of green finance and move the UK even further towards zero-emission shipping.Sarah Kenny, Vice Chair of Maritime UK said: MarRI-UK is the first
Barclays Rejects Arctic Drilling
significantly restricts the bank’s financing for the exploration or extraction of oil and gas in the Arctic.The policy rules out funding for companies seeking to drill in the Arctic Refuge as well as other climate change threats.According to the British multinational investment bank and financial services company headquartered in London, arctic oil and gas refers to new exploration and extraction of oil and gas in the area within the Arctic Circle which is subject to sea ice, and includes the Arctic National Wildlife Refuge (ANWR) and the Coastal Plains.The ANWR is a particularly fragile and
U.S. Rig Count Drops, But E&P Spend Up 13%
this year, U.S. oil futures have averaged $65.46 per barrel. That compares with averages of $50.85 in 2017 and $43.47 in 2016.Looking ahead, crude futures were trading about $71.60 for the balance of 2018 and near $66.13 for calendar 2019 .In anticipation of higher prices in 2018 than 2017, U.S. financial services firm Cowen & Co this week said the exploration and production (E&P) companies they track have provided guidance indicating a 13 percent increase this year in planned capital spending.Cowen said those E&Ps expect to spend a total of $81.2 billion in 2018, up from an estimated $72
Batista Named CEO at Aquabotix
and working with David to bring several new innovations to market in the near future.” Batista joins Aquabotix with more than 20 years of experience working with small-cap listed companies, both in the U.S. and Australia. He is the former Senior Managing Director of independent financial services firm Viriathus Holdings LLC., and previously held roles with HPC Capital Management Corp., SoundView Technology Group and Lehman Brothers Inc. A graduate of C.W. Post College, Batista also has several post-graduate qualifications from The New York Institute of Finance
Charters Joins NOAI Staff
resources. In addition, Charters served as Director of Policy Coordination for the full Natural Resources Committee. From 2006 to 2008, Charters served as Legislative Director to Rep. Steve Pearce (R-N.M.), a former oil and gas service company owner and senior member of the House Financial Services Committee and Chairman of the Western Caucus. Prior to that, Charters owned and operated his own lobbying company, Charters and Company, and before that served nearly ten years for multiple members of the California Delegation
All Eyes on Ireland
relevant government agencies and organizations to support the implementation of a strategic framework for delivery that will strengthen established marine sectors and also ‘marinize’ sectors outside the marine area where Ireland has existing strengths, including ICT, life sciences and financial services. “Ireland already has expertise across a number of the key enabling technologies required to develop products and services that will support growth in emerging areas of the global blue economy while creating efficiencies and supporting sustainability across more established markets
GE Interested in German Offshore Wind, Eastern Europe
derives 14 percent of its total revenues in Europe, but does not break them out on a country-by-country basis. "Energy is central for us in Germany and accounts for a big share of total sales," Haertel said. GE Germany is also active in medical technology, research and financial services. Nascent wind industries in eastern Europe, which are due to exploit suitable geographies for tapping wind speeds, could receive equipment from GE's Germany-based manufacturing sites, he said. (Reporting by Vera Eckert and Chris Steitz, editing by Susan Fenton
Two Named to NSRI Board
over 240 staff with an annual turnover of $26 million. Martin Jones is chief executive of Magma Global Ltd, which he founded in 2010 to manufacture high quality carbon fiber pipe for subsea exploration and production. In 1991, Jones founded Ad Valorem, a specialist consultancy providing financial services, regulatory advice and corrective action, which was acquired by Money Extra. He went on to found Insensys in 2002, developing and commercializing fiber optic strain sensing for wind energy, aerospace and oil and gas applications. He sold the oil and gas division to Schlumberger in 2007 and
February 2024
