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Axxis Geo Solutions Names New CEO

Aug 07, 2020

Oslo-listed seismic surveyor Axxis Geo Solutions has appointed Ronny Bøhn as CEO with effect from August 10, 2020. Bøhn has more than 20 years of experience from the seismic industry and has held management positions as vice president of marine operations at CGG and as COO at April AS…

BP Cuts Dividend for the First Time Since Deepwater Horizon Disaster

Aug 04, 2020

BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company…

Lindström Joins Hempel as COO

Aug 03, 2020

Hempel's new Executive Vice President & Chief Operating Officer Katarina Lindström officially stepped into her new role on August 1.As a member of the company’s Executive Management Board, Lindström will play a central role in driving Hempel’s strategy…

Ex-Subsea 7 Man to Head Harvey Gulf's New Subsea Services Business

Aug 03, 2020

The U.S.-based offshore support vessel operator Harvey Gulf International Marine has appointed Ed Galloway to manage Harvey’s new subsea venture company, Harvey Subsea Services. Galloway was previously Director of Gulf of Mexico Region for Subsea7/i-Tech7 where he ran the company’s IMR business…

Irfaan Ali Sworn In as New President of Oil-Rich Guyana

Aug 03, 2020

Former Guyanese housing minister Irfaan Ali was sworn in as president of the newly oil-producing South American country on Sunday, after he was declared winner of a disputed March 2 election following a recount.Preliminary recount data released in June showed Ali…

Eni Names CFO

Aug 03, 2020

Italian oil and gas company Eni has named Francesco Gattei as its Chief Financial Officer.In 2019, Gattei moved to Houston to become Eni's Upstream Director of the Americas, managing the E&P business in the USA, Mexico, Venezuela, and Argentina…

Chevron Posts $8.3 Billion Loss

Jul 31, 2020

Chevron Corp on Friday reported an $8.3 billion loss on asset writedowns from plummeting fuel prices, a forced exit from Venezuela, and expenses tied to thousands of job cuts.Multibillion-dollar asset writedowns have become a prominent part of second-quarter energy results…

Ex-Unaoil manager Sentenced to Three Years in Prison over Iraq Bribery

Jul 31, 2020

A former manager of consultancy Unaoil was sentenced to three years in jail by a London court on Thursday – the second Unaoil executive to be jailed for bribing an Iraqi official to secure a $55 million oil deal after the fall of Saddam Hussein in 2003…

Talos CEO Becomes Vice-Chairman of U.S. Offshore Industry Body NOIA

Jul 30, 2020

Tim Duncan, CEO of Talos, an oil and gas company focused on exploration and production in the Gulf of Mexico, has been appointed Vice Chairman of the U.S. National Ocean Industries Association (NOIA).Duncan will join NOIA Chairman and Halliburton…

Envoy Acquires Avantis Marine

Jul 30, 2020

UK-based Envoy Group has acquired a marine engineering company, Avantis Marine, to target carbon reduction and clean energy solutions for offshore markets.Avantis specializes in marine engineering with a focus on environmental performance and clean technologies for the shipping…

Karoon Energy CEO Steps Down after 16 Years at Helm

Jul 29, 2020

Australian oil and gas company Karoon Energy has said that its founder and CEO Robert Hosking will step down after 16 years at the helm.The company, with oil and gas projects in Australia, Peru, and Brazil, said Wednesday that Hosking had informed…

Ex-Pemex CEO Says He is Innocent of Corruption Charges

Jul 29, 2020

The former boss of Mexican state oil firm Pemex, Emilio Lozoya, told a court on Tuesday he was innocent of graft charges and vowed to denounce those responsible for his alleged crimes, in a case that could seriously embarrass Mexico's previous rulers…

Report: Equinor Shortlists Four Candidates to Succeed CEO Eldar Saetre

Jul 28, 2020

Equinor has short-listed four internal candidates to succeed Chief Executive Eldar Saetre who is likely to announce his departure within the next few months, a source familiar with the process told Reuters.The candidates have been asked to present…

LR Names Marine & Offshore President for SAMEA

Jul 28, 2020

LR has appointed Mike Holliday as Marine & Offshore president for South Asia, the Middle East, and Africa (SAMEA).In his new role, Holliday will lead LR’s Marine and Offshore operations across SAMEA, primarily based in Singapore, and be responsible…

Energean Appoints New Directors

Jul 27, 2020

London-listed oil and gas company Energean has named Kimberley Wood and Andreas Persianis as Independent Non-Executive Directors.Wood replaces Ohad Marani, who has stood down from the board and joins the board of Energean's subsidiary Energean…

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