The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC. Appointed to first term on the Board of Directors:Galen Cobb, Vice President Industry Relations…
AccessESP, a provider of rigless electric submersible pump (ESP) conveyance solutions for the worldwide oil industry, has named John Algeroy as the Europe and Africa Region Manager. Based in Houston, he will be responsible for all marketing…
Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14…
Malaysia has opened an area of its offshore waters to the multi-client seismic model for the first time. The move is a result of a new initiative by Petronas to stimulate offshore E&P investment activity. “A consortium comprising of PGS…
Oilfield services provider Halliburton Co , pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8 percent, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday.The more than 70…
Oilfield services giant Schlumberger is entering Ophir Energy’s Fortune floating liquefied natural gas (LNG) project off Equatorial Guinea after agreeing a preliminary deal with the UK player for a stake in the development. The non-binding…
Golar LNG has signed a Memorandum of Understanding with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves. Under the Memorandum, Golar and Schlumberger have agreed to jointly market gas monetization solutions to owners…
Schlumberger Ltd, the world's No.1 oilfield services provider, said it was optimistic that it had completed the job cuts needed in this oil downturn. Executives speaking on the company's earnings call on Friday said they expected 'positive movement' in oil prices in 2016…
Subsea technology company Sonardyne International Ltd., UK has announced the appointment of Robin Bjorøy as its new Managing Director.Bjorøy succeeds John Ramsden who leaves the position after six years in charge to return to Singapore following a transition period…
Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI). With impressive pedigrees in innovation and technology in the subsea industry, these new board members will…
Aker Solutions has appointed David Clark as regional president of the U.K. and Africa to oversee an expansion and support operations in these key markets, the company announced today.Clark, a U.K. national, has more than 30 years of experience from the oilfield services…
QinetiQ has appointed Jamie Pollard as CEO of its Distributed Acoustic Sensing (DAS) subsidiary, OptaSense.Pollard brings over 20 years’ of experience from oilfield services company Schlumberger, where he ran and grew large global businesses and joint ventures…
Xodus Group has promoted Andrew Sewell to the role of Global Subsurface Lead to drive forward its global subsurface capabilities.Sewell has more than 24 years’ experience working in the oil and gas industry, initially as a Geophysicist, and joined Xodus in 2012 as Subsurface Manager…
Companies struggle to balance cost-cutting with skills retention.If you can’t accept the rollercoaster of employment that is the offshore industry, adding and shedding jobs like clockwork through its cyclical ups and downs, don’t get on for the ride…
After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry.Reed is part of the baby boomer generation that forms the backbone of the U.S. oil workforce…
