Scorpio Bulkers announced Wednesday that it intends to change its name to Eneti Inc. as the company plans its pivot from dry bulk shipping to offshore wind farm construction and services.The name change, which remains subject to approval at a February 3 shareholders meeting…
Economic recovery. Climate change. Racial equity. COVID-19. These four issues are at the core of President-elect Joe Biden’s Day 1 priorities. Separately, each issue seems like a monumental challenge with no easy solution. But there is a path…
Norwegian oil company Vår Energi has appointed Torger Rød as the company’s new CEO. Rød will take over from Kristin F. Kragseth who has recently accepted the position as CEO of Petoro, the management company for the Norwegian state-owned oil and gas interests…
Ashtead Technology has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team.The company said the appointments underline the company's 'strategic growth plans to cement its leading…
Danish offshore engineering group Ramboll has recently announced that said its Group Chief Operating Officer Markku Moilanen and Group Chief Innovation Officer Hilde Tonne would both leave the company to take on CEO positions elsewhere.Markku Moilanen will be joining YIT Corporation as CEO…
Norwegian offshore vessel owner Havila Shipping said Tuesday its deputy CEO Olav Haug Vikebakk would resign.'The Deputy CEO Olav Haug Vikebakk will resign during the first quarter to take up another senior position in the region,' Havila said…
Borders & Southern Petroleum, a company with oil and gas exploration assets offshore the Falkand Islands, on Wednesday announced board changes.The London based independent oil & gas exploration company announced the retirement of Nigel Hurst-Brown from the Board of Directors…
Norwegian carbon capture company Aker Carbon Capture has appointed Egil Fagerland as its CFO, with effect from April 1, 2021.Fagerland joins the company from DeepOcean, where he was head of ERP and Business Systems. He previously held various…
Offshore drilling contractor Borr Drilling has appointed Magnus Vaaler as its new Chief Financial Officer, replacing Christoph Bausch with effect from December 28, 2020.Vaaler currently serves as VP of Investor Relations and Treasury in the company…
Ocean energy technology developer Ocean Power Technologies's stockholders have appointed Clyde W. Hewlett, Diana G. Purcel, and Peter E. Slaiby to its Board of Directors.Terence J. Cryan, Chairman of the Board of OPT, a company that builds buoys that harvest and store wave energy…
Offshore drilling contractor Pacific Drilling, which last month filed for Chapter 11 Bankruptcy, on Tuesday said that the United States Bankruptcy Court for the Southern District of Texas had confirmed its debt reorganization plan.The driller…
Oilfield services provider National Oilwell Varco said Monday it would change its corporate name to “NOV Inc.”, effective January 1, 2021. The company’s ticker symbol, “NOV”, will remain unchanged.Clay Williams, Chairman, President, and CEO…
Offshore drilling company Seadrill has appointed Reid Warriner as Chief Operating Officer and Leif Neilson as Chief Technology Officer.The company, which announced the appointments on Thursday afternoon, said the management changes build upon…
U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…
UK-based oil and gas company Premier Oil, which is set to merge with rival Chrysaor, said Wednesday that its CEO Tony Durrant had stepped down from the Board of Directors, and would step down as CEO at the end of the month.Richard Rose will be the Interim Chief Executive from January 1…
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