NKT, a company specializing in making and installing power cables, has appointed Claes Westerlind as President and CEO.'Claes has extensive experience from the power cable industry and in-depth knowledge of NKT’s high-voltage business, markets and technology…
U.S.-based offshore vessel owner Harvey Gulf International Marine has said that Philip Luongo, a New York native and graduate of the United States Merchant Marine Academy, has joined the company. After graduating Kings Point, Luongo upgraded his Unlimited U…
Bluewater-backed CRC Evans, a company offering welding and coating services to the energy sector has appointed Luis Araujo, former CEO of Aker Solutions, as its Chairman to help drive its next growth phase.'The appointment comes after a transformational year for the business…
Offshore drilling contractor ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer.Hegazi previously served as Chief Executive Officer of TGT Diagnostics, a provider of…
Woodside Energy Group Ltd's WDS.AX shareholders on Friday supported its management pay report and re-election of directors despite a strong push by activist groups and some smaller investors upset over its climate report to reject the plans…
The Norwegian offshore safety authority PSA Norway has launched an investigation into an April 22 incident on the Statfjord B offshore platform where a worker suffered facial injuries after getting hit by a 34-kilogram piece of equipment.The incident happened on Saturday…
Capricorn Energy plans $575 million in shareholder payouts under a new CEO with experience of renegotiating Egyptian licenses, it said on Thursday, after two mergers failed amid investor revolts that also toppled its previous leadership. The…
The Society of Petroleum Engineers (SPE) said Monday that Simon Seaton had been hired as Chief Executive Officer. 'In the CEO role, Seaton will work with the Board of Directors on the short- and long-term development and growth of SPE as the…
UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…
Serica Energy Chairman Tony Craven Walker, a pioneer of British North Sea oil, will step down in June after leading the oil and gas producer for 18 years, he announced on Thursday.Craven Walker will be succeeded by David Latin, who has been…
British union Unite said on Friday that some 70 workers employed by TotalEnergies based on the Elgin Franklin and North Alwyn platforms along with the Shetland Gas Plant were being balloted for strike action. Unite last week announced that 1…
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…