Offshore Engineer Products - page 22


UK: Offshore Drilling Crews Call Off Strike, Accept 10% Pay Increase

Oct 26, 2022

More than 450 offshore drilling and drilling maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) have accepted an improved offer of 10% on their rates of pay back dated to June 1, 2022, Unite the union said Wednesday…

NDT Global Names VP Global Robotics and General Manager, Norway.

Oct 26, 2022

NDT Global has appointed Oliver Baur as Vice President Global Robotics and General Manager, Norway.Starting his career with NDT Global in Stutensee, Germany, as an Electrical Engineer in 2010, Baur moved to Houston, Texas, in 2011. In various roles since then…

Wintershall Dea Posts Q3 Income Jump, Seeks Looser Ties with Russia

Oct 25, 2022

Oil and gas producer Wintershall Dea said on Tuesday that its most closely watched measure of earnings more than doubled in the third quarter of 2022 and that it would seek to strengthen business in locations outside Russia.Wintershall Dea…

DOF Subsea Convicted of Breaching Health & Safety Duties During Diving Ops Offshore Australia

Oct 25, 2022

Subsea services firm DOF Subsea Australia was on Tuesday convicted of three counts of negligently breaching its health and safety requirements as an employer during saturation diving operations at an offshore field in Australia in 2017.According to Australia's offshore oil and gas safety regulator…

Sisse Mai to Leave Esvagt and Join FairWind as New CFO

Oct 25, 2022

Wind industry service company FairWind has appointed Sisse Mai as Chief Financial Officer  (CFO) and member of the Executive Management.She will join the company no later than February 1, 2023, reporting to CEO John Funch.Mai has most recently…

Oil and Gas Trade Should be Depoliticized, Qatar Energy Chief Says

Oct 24, 2022

Saad al-Kaabi, the head of Qatar's state-run energy company, said on Monday all oil and gas trade should be depoliticized, calling for policies to move away from sanctions and anti-free market agreements.The comments by Kaabi, who is also Qatar's minister of state for energy…

Galp's Adjusted 3Q Income Up on Higher Oil prices, Better Margins

Oct 24, 2022

Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…

World's Largest Oilfield Services Firm Rebrands for a Lower-carbon Future

Oct 24, 2022

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family…

North Sea Firm IOG Names New CEO, COO, CFO after Output Guidance Cuts, Drilling Setback

Oct 21, 2022

Andrew Hockey, CEO of the UK-based oil and gas company IOG, with gas fields in the Southern North Sea, is set to step down after nearly five years in the role. IOG's Chief Operating Officer, David Gibson, is stepping down, too.The news of the resignations came Wednesday…

Baker Hughes Names Buese New CFO

Oct 19, 2022

Oilfield services company Baker Hughes has appointed Nancy Buese as Chief Financial Officer effective November 2, 2022. 'Buese brings more than 30 years of financial and leadership experience to the role,  previously serving as EVP & CFO of…

UK North Sea Oil Firm Ithaca Energy Eyes London Listing

Oct 18, 2022

North Sea oil and gas producer Ithaca Energy said on Tuesday it is planning a London listing, stoking hopes for a fourth quarter recovery in a stock market overshadowed by the dismal economic outlook.The initial public offering (IPO) will test…

Equinor Names New Head of US Offshore Wind Business

Oct 18, 2022

Norwegian energy giant Equinor said Monday that Molly Morris would take over as the new President of Equinor Wind US, effective January 1, 2023, succeeding Siri Espedal Kindem, 'who will take on a new exciting opportunity within Equinor.'Morris…

Survitec Names New CEO

Oct 17, 2022

UK-based survival technology solutions provider Survitec has appointed Robert Steen Kledal as the company’s new Chief Executive Officer (CEO).'As CEO, Robert will be responsible for setting Survitec’s strategic direction. He will lead the Survitec Executive team and sit on the Survitec Board…

Ashtead Technology Appoints Christie as Head of Mechanical Solutions Business

Oct 12, 2022

UK-based subsea equipment rental and solutions specialist Ashtead Technology has appointed James Christie as the new leader for its Mechanical Solutions service line.Ashtead Technology said that Christie, who is Regional Director for Ashtead…

Arabian Drilling Set to Raise over $700M in IPO

Oct 12, 2022

Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 million).The final price is at the top end of a price range announced last month…

Current News

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

EnQuest Trims Loss and Announces $15M Share Buyback

Petrofac Gets Contract Extension with ONEgas in UK

Equinor Sets Up Union Partnership for New York’s First Offshore Wind Hub

Subscribe for OE Digital E‑News