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Suncor to Cut 1,500 Jobs by End of Year - Report

Jun 02, 2023

Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press…

Europe's Biggest Gas Supplier Says All Clear from Offshore Pipeline Security Checks

May 31, 2023

Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.However, risks remain after last year's…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

Petronas Says Malaysian Anti-graft Probe Found No Wrongdoing by the Firm

May 29, 2023

Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…

Australia's Santos Rejects Allegations of Human Rights Violations

May 26, 2023

Australian gas producer Santos Ltd said on Thursday it was categorically rejecting the allegations of human rights violations at its Barossa Gas project, Darwin LNG Life Extension project and Narrabri Gas project.The company said some of its…

US, EU Lawmakers Push to Depose UAE's Jaber from Climate Talks

May 24, 2023

Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…

Norwegian Offshore Drilling Unions Seek Mediation as Wage Talks Falter

May 24, 2023

Wage talks involving around 8,000 oil drilling workers in Norway broke down early on Wednesday, labor unions said, raising the risk of strike action later this year that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…

Battle in UK Offshore Sector: 1650 Contractors Set to Strike Over Jobs and Pay

May 23, 2023

UK-based union Unite said Tuesday that around 1650 offshore contractors would start two new rounds of 48-hour strike action 'in an increasingly bitter dispute over jobs, pay, and conditions in the offshore sector.'Around 1650 contractors across…

Shell CEO Shielded by Security as Climate Protesters Try to Storm AGM Stage

May 23, 2023

Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew…

Heritage Petroleum Names Ex-ConocoPhillips Exec as New CEO as Chow Set to Retire

May 23, 2023

Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…

GE Names Rahul Ghai as New Senior Vice President and CFO

May 18, 2023

GE said Thursday that Rahul Ghai would become Senior Vice President and Chief Financial Officer of GE effective September 1, 2023, succeeding Carolina Dybeck Happe. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace…

UK Union Signs Deal with China’s CNOOC

May 18, 2023

Britain's Unite union on Thursday said it had signed a recognition deal with offshore operator China National Offshore Oil Corporation (CNOOC), covering around 140 workers on the Buzzard, Scott, and Golden Eagle platforms in the North Sea.CNOOC…

BSEE Warns on Modification of Tools after Offshore Worker Injured

May 17, 2023

The US Bureau of Safety and Environmental Enforcement (BSEE) has released Safety Alert 463: Adaptation and Modification of Tool Results in Injury.The alert describes how a worker was recently injured while attempting to install a hydraulic line…

Lamprell Names New CEO

May 15, 2023

Offshore energy engineering and construction services company Lamprell has appointed a new CEO, Ian Prescott. 'With a distinguished career spanning across the oil & gas, petrochemical, mining, power and water industries, Ian has a demonstrated…

A.P. Møller Holding Takes Over Maersk Supply Service, Names New CEO

May 15, 2023

A.P. Møller Holding A/S has acquired offshore vessel services firm Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through the closing of the previously announced transaction.In connection with the closing of this acquisition, A.P. Moller…

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