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CTO in Focus: Henrik Stiesdal, Wind Power Pioneer

Jun 13, 2022

Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights…

Norway Oil Companies, Workers Agree Wage Deal in Principle, Avert Strike for Now

Jun 13, 2022

Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that could have hit the country's petroleum output, employers and unions said on Sunday.Two of the three unions that negotiated…

Workers on Shell's Prelude FLNG to Start 12-day Strike on Friday

Jun 09, 2022

Workers on Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off Western Australia are set to begin 12 days of industrial action on Friday over a pay fight, a union alliance said on Thursday.Shell did not comment on what impact…

Some 11% of Offshore Oil Workers in Norway Threaten to Strike

Jun 07, 2022

More than one in ten Norwegian offshore oil and gas workers plan strike action from Sunday if state-brokered wage mediation fails, a Reuters calculation based on labor union data showed on Tuesday.A strike by 845 of Norway's roughly 7,500 offshore…

Avangrid Appoints CEO

Jun 07, 2022

Pedro Azagra Blázquez has officially assumed the role of Chief Executive Officer of Avangrid, a U.S. subsidiary of the Spanish renewables giant Iberdrola.Avangrid, which is building the first major offshore wind farm in the U.S., said that Azagra…

Third Unaoil Bribery Offender Launches Appeal Against Conviction

Jun 06, 2022

A third man jailed in Britain for bribery over oil deals in Iraq is appealing his conviction after two co-defendants had guilty verdicts quashed in the case prosecuted by the UK Serious Fraud Office (SFO).A lawyer for Stephen Whiteley, a 66…

New CEO for Australia's First Offshore Wind Farm Project

Jun 06, 2022

Charles Rattray has been appointed the CEO of Star of the South, Australia’s first planned offshore wind project, and will start his role in August.Rattray was previously the Managing Director of Nexif Energy, where he oversaw energy projects…

Steel Pipe Maker Tenaris Pays $78.1M to Resolve U.S. Bribery Probes

Jun 03, 2022

Tenaris SA , a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S. probes into its alleged payment of bribes to win business from Brazil's state-owned oil company Petrobras.The Luxembourg-based company will pay a $25 million civil fine plus $53…

SBM Offshore's Chief Transition Officer to Take Over as Heerema Marine Contractors' CEO

Jun 03, 2022

Philippe Barril, Chief Transition Officer (CTO) of FPSO specialist SBM Offshore, has decided to step down from SBM Offshore to become the CEO of the Dutch offshore installation firm Heerema Marine Contractors on September 1, 2022. Barril was…

Blue Offshore Group Names New Managing Director

Jun 02, 2022

Blue Offshore Group, a company based in the Netherlands, ha appointed Henk van den IJssel as the new managing director. He will succeed Evert-Jan van Wijk as per the first of June 2022. Following Henk van den IJssel’s appointment, Evert-Jan…

Balmoral Group Boss Jim Milne Receives Knighthood

Jun 02, 2022

Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA…

Brazil's Bolsonaro May Need Months to Replace Petrobras Management

Jun 01, 2022

Brazilian President Jair Bolsonaro, seething about fuel prices as his poll standings slip ahead of October's presidential election, has intensified his calls to shake up the board and management of state-run oil company Petrobras.But it will…

Former Sevan Marine CEO Becomes Prosafe CFO

May 31, 2022

Offshore accommodation rig provider Prosafe has appointed Reese McNeel (45) as Chief Financial Officer. McNeel will replace the current Deputy CEO & CFO, Stig H. Christiansen, who has accepted a position with another company. McNeel will take up his position on August 1…

Technip Energies Names Chief Strategy & Sustainability Officer

May 31, 2022

Technip Energies has appointed Samir Karoum as Chief Strategy & Sustainability Officer and member of the Group Executive Committee.Based in Boston, USA, Karoum will oversee Strategy, Sustainability as well as investments, partnerships, strategic marketing and digital…

Bolsonaro Fires Second Petrobras CEO in Two Months

May 24, 2022

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board…

Current News

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Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

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