Oil And Gas News

 

Airlines seek oil & gas travel edge

Sep 01, 2012

Germany's Lufthansa continues to beef up its international oil & gas routes with the launch of Airbus A380 service between Houston and the company's Frankfurt hub. Russell McCulley was invited along for the inaugural flight.Lufthansa flight 440 departed Frankfurt Airport 1 August…

Paulo Roberto Costa heads up oil & gas division of Brasilinvest Group

Sep 01, 2012

Former Petrobras director Paulo Roberto Costa heads up the newly established oil & gas division of Brasilinvest Group, currently managing a $6 billion portfolio of projects. The group was recently named as a special advisor and investment banker to Paraguay’s Dahava Petroleos.

Matt McCarroll appointment CEO of ATP Oil & Gas

Jul 19, 2012

Matt McCarroll’s appointment as CEO of ATP Oil & Gas in succession to T Paul Bulmahn lasted barely a week. McCarroll resigned on 7 June, with the company declaring that it was unable to conclude a mutually agreeable employment deal with him…

Liquid Robotics Oil & Gas

Jul 19, 2012

Liquid Robotics and Schlumberger have created Liquid Robotics Oil & Gas, a 50:50 joint venture tasked with developing services for the oil & gas industry using Liquid Robotics’ wave-powered, autonomous marine vehicles, which can operate offshore for up to a year without crew…

Daljit Gill new COO of Energean Oil & Gas Group

Jun 26, 2012

Daljit Gill became COO of Energean Oil & Gas Group, an independent E&P company with operations in Greece and Egypt, on 1 June. He joined from Weatherford International, where he served as VP global business development based in The Netherlands, and had previously worked for Shell and BP.

Oil & gas spending set for record highs

Jun 01, 2012

Total spending for upstream oil & gas will hit nearly $1.3 trillion this year, led by a robust North American market, according to a new report by IHS.Driven by strong oil prices and the North American unconventional gas boom, global upstream…

Mixed outlook for M&A

Jun 01, 2012

Despite higher oil prices, improving access to capital, increasing economic optimism and a generally more favorable deal environment, oil & gas executives are still cautious about engaging in M&A, according to Ernst & Young's sixth Global Capital Confidence Barometer…

Mike Bowyer presented with Oil & Gas UK’s prestigious 2012 award

May 27, 2012

Mike Bowyer was presented with Oil & Gas UK’s prestigious 2012 award for services to safety last month in recognition of his many years supporting the North Sea’s Step Change in Safety initiative. As co-chair of its workforce engagement steering group…

Ian MacKenzie new CEO of Hardy Oil & Gas

Apr 28, 2012

Ian MacKenzie (pictured) takes over as CEO of Hardy Oil & Gas next month. A chartered mechanical engineer, he served most recently as an executive director of the KCA Deutag Drilling Group.

Remi Eriksen promoted to CEO of DNV Maritime and Oil & Gas

Apr 02, 2012

Remi Eriksen (pictured) has been promoted to CEO of DNV Maritime and Oil & Gas, based in Oslo, with Tor Svensen continuing as president and deputy CEO. Eriksen relocates from Singapore, where he served as COO of DNV’s Asia Pacific and Middle East operations.

Big crew change now 'in full swing'

Apr 01, 2012

Staffing shortages are creating project delays at a majority of large oil & gas companies, according to new data released by management consultancy Schlumberger Business Consulting.The much-discussed ‘big crew change' – the retirement of geoscientists…

GE Oil & Gas

Jan 10, 2012

GE Oil & Gas has opened its $100 million technology and learning complex in Jandakot, Western Australia. The biggest complex of its kind in Australia, it will support the development of skills for the oil and gas sector and provide the company’s…

David Ripley

Jan 10, 2012

David Ripley has succeeded Brian Kinkead as supply chain director of Oil & Gas UK, the leading representative organisation for the UK offshore oil & gas industry.

M&A market dips, maintains value

Sep 01, 2011

The number and total value of US oil & gas mergers and acquisitions dipped slightly in 2Q 2011 over the same period last year, according to a recent PricewaterhouseCoopers (PwC) study. But the average deal value for the largest transactions rose by 14%…

Fiscal fright for UKCS operators

Apr 01, 2011

A resurgent UK offshore oil & gas sector is mired in fresh uncertainty following the coalition government's surprise imposition of what is, in all but name, a windfall tax on North Sea production. David Morgan reports.In his Budget speech last month…

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