More than a million jobs in the oilfield service industry (OFS) are expected to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, Norway's energy intelligence firm Rystad Energy said…
Chinese oil company CNOOC has announced the appointment of Hu Guangjie executive director and president of the company. In a statement on Friday, CNOOC said that Xu Keqiang had resigned as the President of the Company, but would remain an Executive…
Oilfield services giant Schlumberger has announced the opening of a manufacturing center in King Salman Energy Park (SPARK) in Saudi Arabia.The company said that center will manufacture well completions technologies including liner hangers and…
Lloyd’s Register (LR) announced that John Hicks is President of Americas Marine & Offshore. Hicks returns to the U.S. after two years of leading LR’s Global Passenger Ship Center in Trieste, Italy as Global Passenger Ship Sector Manager and Italy’s Marine Manager…
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1, 2019 Luc Vandenbulcke will succeed Alain Bernard as the company’s CEO…