Africa Oil Corp.'s President and CEO Keith Hill has informed the Board of his intention to step down from his executive role at Africa Oil.'Mr. Hill has led the Company for more than fourteen years and has presided over major milestones, including…
More Norwegian oil and gas drilling rig workers warned last Friday of potential strike action [this] week as unions and employers prepared to negotiate over wages, although any labor conflict was still unlikely to affect oil and gas output. The…
Houston based Talos Energy announced it has appointed Sergio L. Maiworm Jr. as the Company's Chief Financial Officer and Senior Vice President, effective as of July 1, 2023, replacing Shannon E. Young, III who has accepted a similar role with another independent E&P company…
Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.In a new financial framework announced on Wednesday…
Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by…
U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…
Bosch Rexroth North America's President and Chief Executive Officer Gregory Gumbs will leave the company July 1, 2023, the company said Thursday.'Gumbs, who joined the organization in late 2020, successfully led the increased growth of the North American region to record achievements…
Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…
An employee of one of Woodside’s contractor companies on the Woodside-operated offshore North Rankin Complex died in an incident that occurred at approximately 12.00pm AWST Friday.The incident occurred during work activity being carried out at the North Rankin Complex…
Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press…
Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…
Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…
TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major's greenhouse gas emissions program after police intervened to stop climate protesters disrupting its annual general meeting. The resolution…
Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…
Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…