Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…
Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…
Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…
Oil major BP and Norway's Aker said on Thursday they have jointly sold a 5% stake in Norwegian oil firm Aker BP, cutting their combined holding in the company to 65%.The 18.01 million shares were sold at 310 crowns each, a 10.2% discount to Wednesday's close…
BP and Aker said Wednesday there were exploring a potential block sale of some of the shares they hold in the Norwegian oil and gas producer Aker BP ASA, through a private placement.Aker and BP currently control approximately 40% and 30% of the shares outstanding in Aker BP…
Brazilian President Jair Bolsonaro reiterated on Monday that he would like to privatize state-run oil company Petroleo Brasileiro SA, saying his ideal plan would be to carve it up rather than selling it to one buyer.Grappling with the political fallout from rising fuel prices…
David Wells, CEO of offshore energy and marine consultancy AqualisBraemar LOC will retire at year-end and step down as CEO of the group. The board of directors has appointed Wells’ co-founder and current COO of AqualisBraemar LOC, Reuben Segal…
Offshore wind vessel company Edda Wind, owned by Wilhelmsen and Østensjø, on Monday announced plan to launch an offering of shares in the company and to apply for a listing on the Oslo Stock Exchange (the “IPO”).Based in Haugesund, Norway, Edda Wind develops…
Scotland-based oil and gas company Cairn Energy has announced plans to change its company name from Cairn Energy to Capricorn Energy. The change is expected to take effect from December 13, 2021. The LSE stock ticker will remain as CNE.'This…
Naval architecture and marine engineering firm Vard Marine has informed that Kristin Jovel, its Corporate Business Manager, has been appointed the position of Vice President Business Operations for its North American offices.Jovel joined the…
Oslo-listed company Carbon Transition, which earlier this year changed its name from AxxisGeo Solutions reflecting its new strategy to invest in low carbon businesses, said Wednesday that its CEO Ronny Bøhn had decided to resign.Bøhn has served as CEO of then AxxisGeo Solutions since August 2020…
Wind turbine maker Vestas said Wednesday that its Chief Financial Officer Marika Fredriksson had decided to step down from the role after nine years in the position, and hand over the financial reins to Hans Martin Smith, currently CFO Vestas Northern & Central Europe (NCE)…
Matt Kay, the Managing Director and Chief Executive Officer of the Australian oil and gas company Beach Energy, has tendered his resignation and is departing Beach to pursue other professional opportunities. Morné Engelbrecht – who is currently…
Philippe Kavafyan, the former CEO of offshore wind turbine manufacturer MHI Vestas Offshore Wind (now Vestas), has officially taken over as the CEO of the recently established Norwegian offshore wind developer Aker Offshore Wind.Kavafyan's appointment was announced back in May…
Forum Energy Technologies, a supplier of remotely operating vehicles for the global offshore energy industry, has appointed Paul E. Rowsey III to its Board of Directors. Rowsey will also serve as a member of the Compensation Committee.Rowsey…