Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to…
Geir Bjørkeli has decided to step down as CEO of marine battery solutions provider Corvus Energy.He will continue in his position until at the latest December 31st 2023, ensuring a seamless transition to new leadership.Bjørkeli said: 'After leading Corvus for five and a half years…
Greenpeace protesters draped the private home of British Prime Minister Rishi Sunak in black fabric on Thursday, stepping up their campaign against his government's policy on drilling for oil.A picture posted by Greenpeace UK on messaging platform X…
Offshore wind vessel firm Purus Wind has appointed Oliver MacManus as general manager, with immediate effect.MacManus will focus on overseeing the running of the construction/service operation vessels (“C/SOV”) business. 'The appointment is…
Italy's Eni said its second-quarter adjusted net profit dropped 49% from last year, reflecting falling oil and gas prices and weaker refining margins. Adjusted net profit in the period came in at 1.94 billion euros ($2.13 billion), down from a bumper result of 3…
Peterson Energy Logistics has secured an integrated logistics contract with the oil and gas company Apache North Sea Limited.Peterson will deliver quayside, receipt and dispatch, and fuel services from its bases in Aberdeen and Edzell. The logistics…
Risk Intelligence, a company specializing in security risk management by delivering threat and risk assessments, said Thursday it had signed a significant three-year contract extension with Saipem for its Risk Intelligence System.The new three…
Technip Energies on Thursday posted its highest-ever adjusted backlog for the first half of the year, driven by the signing of major contracts, and upgraded its recurring core profit margin guidance for 2023.The adjusted backlog of the French…
U.S. oil major Chevron Corp announced sweeping management changes on Sunday, including the retirement next year of its finance chief and extension of the mandatory retirement age for Chief Executive Officer Michael Wirth.Chief Financial Officer Pierre Breber…
Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year…
France-based power cable maker Nexans has appointed Pascal Radue as Executive Vice President, Generation and Transmission Business Group, effective from September 1.Pascal Radue has more than 20 years of experience in leading international teams around the world and in a wide range of positions…
Global Underwater Hub (GUH), the UK-based trade and development body representing the UK’s underwater industry has appointed a new regional manager.'Ricci Boston, who will be based in Newcastle, will be instrumental in increasing engagement…
UK-based union Unite said Tuesday its members in Stork had voted by 61 percent to end their industrial action after a ballot which will see offshore salaries increase by 10 percent and be backdated to January 2023.The ballot, in which 88 percent of Unite members voted…
Brazil's state-run oil company, Petrobras, will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.Petrobras is preparing to preview updates to its business plan next month…
OEG Offshore UK (OEG), a provider of specialist offshore equipment, on Monday announced the complete integration and rebrand of Harran Ltd, an offshore helicopter refueling systems specialist.OEG Offshore said the move followed the acquisition…