Saudi Aramco opened a research center in Cambridge (Boston), Massachusetts yesterday, the first of three new US research facilities the global energy giant will set up by the end of next year. The new center is adjacent to the Massachusetts…
Stephen M. Johnson will retire as McDermott International Inc.’s chairman of the board, president and chief executive officer— and as a director of McDermott this month. David Dickson will succeed Johnson as president and CEO. Dickson has…
Ensco plc Chairman, President and CEO Daniel W. Rabun will retire after nearly eight years of service. Rabun will continue to serve in his current role as Chairman, President and CEO until the Board of Directors has completed the succession process and a new CEO has been appointed.
Hans-Joachim Polk took over as managing director for Hamburg-based RWE Dea AG’s UK subsidiary in August. Polk, a 22-year veteran of the German exploration company, began his career in 1991 as a production operations engineer. He eventually…
Renowned energy expert Prof. Michael J. Economides suffered a fatal heart attack this past weekend on an international flight from Madrid to Chile. He was 64. Economides was a professor at the University of Houston’s Cullen College of…
Dana Petroleum’s Marcus Richards is stepping down as group chief executive after three years. Graham Scotton, chief operating officer will become the company’s acting group chief executive immediately. Richards joined the company following…
A helping hand. When it comes to new technology, OE asked: “What role should national governments have in funding research and development in the oil and gas industry?” Research and development is key to competition…
The winners of the Oil & Gas UK Awards 2013 were announced at an awards ceremony attended by more than 600 in Aberdeen, Scotland, last night. The Oil & Gas UK Awards is the annual showcase event for the UK offshore oil and gas industry…
Innovate or die. Newer and better tech is always needed in the oil & gas industry –even when companies aren’t exactly shouting to be first in line, OE asked: “How can technology innovation improve?” The offshore opportunity is vast…
Dana Petroleum group CEO Marcus Richards believes the oil industry is seeing a structural shift. He gave his personal views at a UK Chatham House event: I would like address the questions raised by the shift in oil demand to industrialized economies in terms of energy security…
Arnaud Breuillac has been appointed president, exploration and production at Total, effective January 1. He will report to Yves Louis Darricarrère, upstream president and member of Total’s executive committee. Yves-Louis Darricarrère was appointed president…
Lundin Petroleum AB appointed Paul Atkinson as general manager for Malaysia and managing director for Lundin Petroleum's southeast Asia business. Atkinson is joining Lundin Petroleum from Talisman Energy, where he has held various senior managerial positions since 2001…
Two countries – Malaysia and Indonesia– hold nearly two-thirds of the region’s reserves, and national oil companies outstrip international oil companies in regional capex. According to the Infield Systems Offshore Asia Oil & Gas Market Report to 2017…
Physical modeling of deepwater projects can be a very useful tool. Despite the advent of computer modeling and immersive computer visualization environments, physical 3D models help vessel operators, riggers, and field engineers find potential problem areas and resolve spatial issues…
The University of Houston’s Subsea Engineering program is the first of its kind in the US. The program—founded by mechanical engineering professor and director of UH Subsea, Matthew Franchek— is in its inaugural year operating with a 10-course…