Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports.Lopez Obrador, who will take office on Dec. 1, told reporters his government plans to invest $2…
Africa's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters.Dangote, who built his fortune in cement, is building…
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building…
Julie J. Robertson will succeed David W. Williams as Noble Corp. chairman, president and CEO, effective February 2018. Julie Robertson. Image from Noble Corp. UK-based offshore driller Noble…
EnQuest COO and executive director Neil McCulloch is stepping down today from his posts, by mutual agreement, according to the UK independent operator. In his place, Faysal Hamza has been appointed Interim Head of North Sea, and Bob Davenport has been appointed Managing Director…
Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…
Paulo Ruiz Sternadt, 42 has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request. Ruiz Sternadt…
Baker Hughes, a GE company announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…
Karen Boman chats with industry veteran Tony Duncan about his plans at Magma Global and experiences selling operators on new technology. Tony Duncan Tony Duncan has faced many challenges in his career in the oil and gas industry…
Michael K. Wirth has been named to take the lead at US supermajor Chevron, following the decision of the current CEO John S. Watson to retire, effective 1 February 2018. Wirth. Images from Chevron…
French major Total has appointed Maersk Oil leaders to their new management positions, following current Maersk Oil CEO Gretchen Watkins’s decision to leave the company. The changes will coincide with the US$7.45 billion takeover expected to become effective in Q1 2018…
UK-based safety and control systems firm Proeon Systems has appointed a new managing director. Richard Miller has nearly 30 year’s of leadership, expertise and knowledge in the oil and gas and energy industries, having worked at Aquatera Energy and Tyco Fire & Integrated Solutions…
Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors…
Fugro has announced plans to establish a Hydrography Centre of Excellence for the Americas, supporting its strategic focus on growth in this market sector. Utilizing specialist resources that include autonomous vessels and aircraft, integrated data acquisition techniques…
Bourbon Offshore has appointed Gaël Bodénès as its new chief executive officer. Bodénès will replace Christian Lefèvre, who will leave his position on 1 October to join Jaccar Holdings. The board of directors of Bourbon paid tribute…