Colette Cohen OBE is standing down as CEO of the UK-based Net Zero Technology Centre (NZTC). Myrtle Dawes has been announced as NZTC new CEO.Colette Cohen launched the center, then known as the Oil and Gas Technology Centre, in 2017.Created as part of the Aberdeen City Region Deal…
Chevron Corp CEO Michael Wirth was paid $23.6 million in 2022, a 4% increase from the prior year while the median annual compensation for the oil giant's employees fell 12%, a securities filing showed on Wednesday. In addition to sky-high energy prices…
Rocsole, a Finland-based developer of offshore pipeline inspection technology, has appointed Pekka Kaunisto as the new CEO of Rocsole. Kaunisto, who joined Rocsole in early 2019 as Vice President of Sales, will succeed Mika Tienhaara, who served as CEO since early 2020…
The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation.Correa replaces Maria Elisa Soledispa…
Colombia's majority state-owned energy company Ecopetrol has appointed Ricardo Roa as its new chief executive, the company said in a statement late on Tuesday, adding he will assume the role from April 30 at the latest. Roa's appointment follows…
Petrofac Ltd said on Wednesday it expects to report a wider operating loss of about $150 million to $170 million for 2022, after a review of its portfolio of contracts and contractual and commercial issues revealed increased costs. The oilfield…
UK-based workers' union Unite said on Friday said that an 'unprecedented 48-hour major stoppage' would hit the offshore oil sector later this month, with 1350 offshore workers predicted to bring dozens of platforms to a ‘standstill.’The trade…
U.S. Gulf of Mexico-focused oil company W&T Offshore said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company’s first-quarter earnings…
Around 150 Sparrows Offshore Services contractors on offshore facilities in the UK will start strike action in a dispute over pay from Wednesday, April 5, workers' union Unite said Monday.'Dozens of platforms and operators to be hit including Shell and Harbour Energy…
Cecile Wake will succeed Tony Nunan as Chair of Shell Australia effective May 22, 2023, Shell Australia said Thursday. Nunan, who led the Australian business for the past three years, will take up the newly created role of Chief of Staff and Corporate Relations…
DNV has appointed Anette Roll Richardsen as Director of its Cyber Security business in Norway.DNV said Roll Richardsen would lead a growing team of IT and operational technology security experts as the company rapidly scales to safeguard its…
Colombian majority state-owned energy company Ecopetrol on Friday named Alberto Consuegra as its interim CEO, taking over from Felipe Bayon who stands down at the end of the month following more than five years in the top position. Ecopetrol announced in January that Bayon would leave…
Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…
Belgian oil tanker and storage operator Euronav said on Thursday its shareholders had elected John Fredriksen from Frontline, a major investor that pulled out of a merger deal with Euronav this year, to its supervisory board. Euronav said shareholders…
UK-based oil and gas producer Harbour Energy on Thursday announced the appointment of Belgacem Chariag and Louise Hough as independent Non-Executive Directors. The duo will join the Board on 1 May 2023 and will stand for election by shareholders…