People & Companies News

Havfram Subsea Names UK Managing Director

15 hours ago

Havfram Subsea has appointed Gregor Scott as Managing Director for the company’s UK operation.Over the last 10 years, Scott has held commercial and leadership roles within the Havfram organization, and as Managing Director (UK) he will assume…

Indonesia Eyes IPOs at Two Pertamina Units Next Year

17 hours ago

Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…

ADNOC Awards Food Catering Services Deals Worth $272M

Dec 06, 2022

Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion (around $272,25 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.The contracts were signed…

Westwood Names Director of Hydrogen

Nov 29, 2022

Energy market research and consultancy firm Westwood Global Energy Group (Westwood) has appointed Joyce Grigorey as Director of Hydrogen.Grigorey has 15 years of analytical and project management experience in research and consulting, having…

BP Weighs Ending its 70-year-old Statistical Review of World Energy

Nov 29, 2022

BP is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark report, as the energy major focuses on its shift to renewables, the company told Reuters.The Statistical…

Labor Turmoil Sweeps Australia as Inflation Stirs 'Spirit of anger'

Nov 29, 2022

After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.He had watched his pay go backward and conditions worsen during the pandemic…

Prosafe Wins Bid for 650-day Offshore Accommodation Deal with Petrobras. Eyes More North Sea Work

Nov 28, 2022

Prosafe, an Oslo-listed provider of offshore accommodation rigs for the energy industry, said Friday it had been selected as the winning bidder for a 650-day firm period contract by Petrobras using its Safe Zephyrus rig, starting in May 2023…

Petrobras CEO Aims to Stay Until April, Sources say, Auguring Messy Transition

Nov 28, 2022

Brazilian President-elect Luiz Inacio Lula da Silva may have to wait months to implement his plans for state-run oil company Petrobras, as the chief executive appointed by the current government aims to finish his term in April, people familiar with his plans said…

Unite Union to Hit BP UK North Sea Oilfields with Two-day Strike

Nov 28, 2022

Employees of oil services firm Petrofac working on several of BP's British North Sea oilfields have voted for industrial action on Dec. 8 and 9 over working conditions, the Unite Union said last Thursday. The strike involves 76 workers on the offshore platforms Andrew…

China's CNOOC Steps up Western Retreat with Launch of U.S. Assets Sale - sources

Nov 24, 2022

Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…

Petrofac CEO to Step Down. McDermott Man Named as Replacement

Nov 22, 2022

Oilfield services provider Petrofac said on Tuesday that Sami Iskander would step down as chief executive officer at the end of March 2023 and be replaced by Tareq Kawash, a senior executive at energy firm McDermott. Iskander took the helm in…

Norwegian Battery Startup Names Oil Industry Veteran as CEO

Nov 21, 2022

Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…

Lula to Start Job Interviews for Petrobras Overhaul, Sources Say

Nov 21, 2022

Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few months for the state-controlled company.Lula…

UK Well Decommissioning Firm Names Subsurface Team Lead

Nov 21, 2022

UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…

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