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Offshore Oil Workers' Strike on Equinor's Platforms Could Shut 4% of Norway's Oil Output

Jun 30, 2022

Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.The announcement by Lederne…

Norway: Lederne Oil Workers Reject Wage Deal

Jun 30, 2022

Members of the Lederne labour union representing Norwegian oil workers have voted against a wage deal negotiated with oil companies, a state-appointed mediator said on Thursday.It was not immediately clear if Lederne's members would go on strike as a result of the vote…

BP, Shell to Cover Employee Travel for Treatment after Roe v. Wade

Jun 30, 2022

Oil producer BP on Wednesday joined Shell in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.Neither of the two European companies explicitly named abortion in their statements…

Eidesvik Offshore Names Cotgrove as New CFO

Jun 29, 2022

Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A…

Baker to Head BOEM's Office of Renewable Energy Programs

Jun 28, 2022

The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday announced Karen J. Baker will lead its Office of Renewable Energy Programs (OREP).BOEM, an agency within the Department of the Interior, manages U.S. offshore energy resources…

SBM Offshore's Treasurer and IR Head Joins Jadestone Energy as New CFO

Jun 28, 2022

Asia-Pacific focused oil and gas company Jadestone Energy has appointed Bert-Jaap Dijkstra as Chief Financial Officer.Dijkstra will join Jadestone Energy from SBM Offshore, the Dutch FPSO leasing specialist, effective from September 1, 2022…

Offshore Wind Giant Ørsted Names APAC Head

Jun 28, 2022

Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…

Petrobras Elects New CEO

Jun 28, 2022

The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…

Norway Oilfield Services Workers Agree Wage Deal, Averting Strike

Jun 23, 2022

Two Norwegian labour unions have signed new wage deals with oil service companies, the unions said on Thursday, preventing a strike among workers.Some 646 members of the Safe and Industri Energi unions had threatened to go on strike at companies such as Schlumberger…

Italy's Saipem Sets Terms for Cash Call, Shares Drop

Jun 22, 2022

Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…

Wood Names Gilmartin CEO

Jun 21, 2022

Engineering firm Wood announced Tuesday that it has appointed Ken Gilmartin as chief executive officer (CEO), effective from July 1, 2022.Gilmartin will succeed Robin Watson, who announced his intention to retire in April 2022. Watson will step down from the board effective July 1…

Vår Energi Announces New Management Team

Jun 21, 2022

Vår Energi ASA, the largest independent exploration and production company on the Norwegian continental shelf, on Tuesday announced a new organizational structure and management team.CEO Torger Rød said, 'Vår Energi has set a goal to become a net producer of 350…

Well-Safe Protector Inks Deal for Ithaca Energy North Sea Well Decom Project

Jun 21, 2022

Well-Safe Solutions were contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia platform in the Southern North Sea, approximately 55km from the UK mainland. For the project Well-Safe will provide project management, well engineering and all managed delivery services…

Offshore Wind JV for Coast Renewable Services, Peterson Energy Logistics

Jun 21, 2022

Peterson and Coast Renewable Services have formed a joint venture company to provide integrated services to the offshore wind sector. The new company, Coast Offshore, will be led by Michael Leitch as Managing Director.In addition to marine management…

Petrobras Chief Executive Resigns

Jun 20, 2022

The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.Petroleo Brasileiro SA…

Current News

Petrobras strike-hit P-40 Platform shut down after gas leak: union

Aker BP Extends Scarabeo 8 Contract for Offshore Drilling in Norway into 2028

Poland Allocates 3.4 GW Capacity in Offshore Wind Auction

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

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