Larson to succeed McEvoy as Oceaneering CEO

Roderick A. Larson has been designated to succeed M. Kevin McEvoy as chief executive officer of Oceaneering International Inc. immediately following the firm’s 2017 annual meeting of shareholders scheduled for May 5. Source: News


MARKET WATCH: NYMEX crude oil holds above $53/bbl despite record oil inventory

Light, sweet crude oil prices for March delivery declined slightly on Feb. 15 to settle above $53/bbl despite a hike in the US oil inventory. Analysts said oil prices held steady because of growing optimism that the Organization of Petroleum Exporting Countries was complying with production cuts. Source: News


Wintershall to develop North Sea Skarfjell oil field

Wintershall Norge AS tentatively plans to develop Skarfjell oil field in the Norwegian North Sea with two subsea templates tied back to the nearby Gjoa platform, which lies 16 km northeast of the field. Source: News