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Ashtead's Underwater Cutting Solutions Name Operations Manager

Jun 01, 2020

Ashtead Technology's Underwater Cutting Solutions (UCS), an offshore contractor specializing in the cutting of submarine and topside pipelines, has named Richard Lind a new Operations Manager.Lind, who previously worked for Claxton Engineering…

Industry Group Calls for 'Key Worker' Status for Offshore Energy Workers

May 29, 2020

The International Marine Contractors Association (IMCA) has said that it continues its work to have all offshore energy workers recognized as 'key workers', in order to facilitate the efficient movement of personnel during the Covid-19 pandemic…

BP Names Next BP America Chief

May 28, 2020

British oil major BP has announced that David C. Lawler, currently CEO of its U.S. shale business BPX Energy, will add to his portfolio the responsibilities of chairman and president of BP America Inc., succeeding Susan Dio on July 1, 2020.BP…

Why U.S. Energy CEOs will Get Big Payouts Despite Oil Meltdown

May 28, 2020

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.Despite that performance…

Subsea 7 to Cut 3000 Jobs, Reduce Vessel Fleet

May 28, 2020

Offshore installation and construction specialist Subsea 7 will cut 3000 jobs by 2021, and reduce its active vessel fleet, it said in a statement on Thursday.Subsea 7 a month ago said that with the deterioration in the outlook for new oil and gas awards…

Copenhagen Offshore Partners Names CEO for Taiwan Offshore Wind Farms

May 27, 2020

Offshore wind developer Copenhagen Offshore Partners (COP) has named the CEO for the construction phase of the 589MW Changfang and Xidao (CFXD) offshore wind projects in Taiwan.The offshore wind projects reached the financial close in February 2020 and have officially entered the construction phase…

Former Ensco Boss Named New CEO of Acteon

May 27, 2020

Offshore services group Acteon will appoint Carl Trowell as Group Chief Executive Officer, succeeding Richard Higham, effective June 1.Trowell, with 25 years of experience in a wide range of roles across the energy sector, joins Acteon from the offshore drilling contractor Valaris plc…

'This could be the one that gets me,' Says Oilfield Service Veteran

May 26, 2020

Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came to a halt.A third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews…

Rosneft Re-appoints Sechin as CEO

May 22, 2020

Russian energy giant Rosneft on Friday re-appointed Chief Executive Igor Sechin, an ally of President Vladimir Putin, for another five years.Sechin, who turns 60 in September, turned the company into one of the world's top oil players and earned the accolade of oil tsar…

New CEO for Noble Corp

May 22, 2020

Offshore drilling company Noble Corporation has executed the leadership transition plan announced in February 2020 and now has a new CEO.  Robert W. Eifler has been named President and Chief Executive Officer and has been elected as a member of the Board of Directors…

David B. Cook to Become CEO of Noreco

May 21, 2020

The Board of Norwegian Energy Company (Noreco) has appointed David B. Cook as the new Chief Executive Officer of Noreco with effect from July 1, 2020.'Mr. Cook is an experienced executive with a successful track record from executive roles in the oil & gas industry…

ConocoPhillips CFO Retires After 39 Years with the Company

May 20, 2020

U.S. oil company ConocoPhillips on Wednesday announced the retirement of Don E. Wallette, Jr. as executive vice president and chief financial officer after a 39-year career with the company. Wallette’s retirement is effective on Aug. 31, 2020…

API Names Upstream Policy VP, and New Head of Center for Offshore Safety

May 19, 2020

U.S. oil industry group the American Petroleum Institute (API) has appointed Lem Smith as Vice President of Upstream Policy. Also, API said that former U.S. Coast Guard Captain Russell Holmes has been named Director of the Center for Offshore Safety (COS)…

KrisEnergy's Ang Becomes Permanent CFO

May 19, 2020

Southeast Asia-focused oil company KrisEnergy has appointed Joanne Ang, currently the Group’s interim Chief Financial Officer (“CFO”), as a permanent CFO.“The Board has reviewed and considered the qualifications, relevant experience and past performance of Ms…

Rockhopper Reducing Headcount, Directors' Salaries

May 19, 2020

Oil and gas company Rockhopper, with a share in the Sea Lion project off the Falkland Islands, has announced a set of cost-cutting measures which include headcount reductions, and directors' salary reduction.The company said Tuesday that due…

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