ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield services sector as U.S. shale producers reduce drilling.The job cuts reflect slowing shale activity due to weak prices for oil and gas…
The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October…
Martin Wiese has been appointed to lead the protective and industrial business areas for worldwide coatings manufacturer Hempel. These two business segments, which deliver around half of Hempel’s total turnover, cover oil and gas, wind power…
Dutch multinational geo-data specialist Fugro has appointed Erik-Jan Bijvank as Group Director for Europe and Africa.With this latest appointment, Fugro said it completes its new executive leadership team, which was established as of 1 May, consisting of the Board of Management…
Norway-headquartered MDE Group, a global provider of energy recruitment services, continues to implement its UK sector growth strategy, by announcing the appointment of its first regional manager in Scotland.The company is a familiar name in the North Sea…
Offshore drilling contractor Borr Drilling announced that Pål Kibsgaard has been formally appointed as the new Chairman of the Board.Kibsgaard will replace Tor Olav Trøim as Chairman, who will continue to serve as a Director and has been appointed as Deputy Chairman…
OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman.Tommy will in his new role, in addition to his current responsibilities, be responsible for strategic development…
Veteran energy industry association executive Erik Milito has been named as the new president of the National Ocean Industries Association (NOIA) and will to take the helm of the offshore energy association effective November 1, 2019.“Erik is a strong leader and an effective communicator…
Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising tide of environmentalism and the move to a low-carbon economy.BP on Friday appointed Looney…
BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth today, sources close to the company said on Monday…
Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…
Irish Wind Energy Association (IWEA) chief executive Dr David Connolly has called for greater urgency from the government in the country and across the political system to support the development of offshore wind energy.Ireland currently only…
Offshore services company Subsea 7 announced that Jean Cahuzac will retire from his position as CEO at the end of this year, and will be succeeded from January 1, 2020 by John Evans, who is currently COO.Cahuzac has been in the industry for 41 years and CEO for Subsea 7 since 2008…
Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia.Rivers’ previous…
Offshore engineering solutions company Aquaterra Energy said it has appointed Rob Gill to fuel the continued success of its modular Sea Swift platform.Gill joins the company as Platforms Business Development Director and will focus on expanding Sea Swift’s presence across West Africa…