Wage talks involving thousands of Norwegian oil drilling workers broke down on Thursday, unions and employers said, raising the risk of a strike that could disrupt oil and gas exploration and efforts to boost output from existing fields.The…
Wayne Mulhall, a Senior Director at offshore wind turbine firm MHI Vestas Offshore Wind, will become a Managing Director of EDS HV, part of James Fisher Renewables.EDS HV provides high voltage engineering solutions to the renewables industry…
Denmark-based offshore wind developer Ørsted has named Richard Hunter as its Chief Operating Officer (COO) and new member of the Executive Committee of Ørsted as of June 1, 2021. Hunter joins Ørsted from a position as President of Rail Control Solutions and Wayside in Bombardier Transportation…
Oilfield services company Schlumberger has appointed Dr. Katharina Beumelburg to the position of Chief Strategy and Sustainability Officer, reporting to Olivier Le Peuch, Chief Executive Officer. The appointment is effective Monday, May 17.As a member of the executive team…
U.S.-based offshore drilling contractor Diamond Offshore's new CEO Bernie Wolford will have a base salary of $700,000 plus bonuses, the company said Thursday.As previously reported, Diamond Offshore, which in April emerged from their chapter…
Petrofac's Chief Financial Officer Alastair Cochran has informed the Board of Directors of his intention to resign and take up a new job outside the group on September 1, 2021. Cochran joined Petrofac in 2016 from BG Group where he had served…
Offshore drilling contractor Diamond Offshore Drilling, said Monday that Bernie G. Wolford Jr. has been named the company's President and Chief Executive Officer and will also serve on the Board of Directors. Wolford succeeds Marc Edwards, who retired from the Company as Chairman…
UK-based offshore decommissioning association Decom North Sea has appointed John Allan, Decommissioning Director at oil company EnQuest, to its Board of Directors.'John’s current role at EnQuest was preceded by 15 years with CNRI. With the majority…
Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday.The oil giant invited a handful of international and local…
Tullow Oil's $1.8 billion bond, which was launched to help it manage a $2.4 billion debt pile, drew more interest from investors than expected after the Africa-focused producer's financial overhaul, the chief executive said on Friday.Rahul Dhir…
HGIM Corp., the parent company to U.S.-based Harvey Gulf International Marine, LLC, announced on Thursday that the holders of over 85% of its common stock, including Gladiator Investments, LLC, an affiliate of Shane J. Guidry, Walker Ridge Capital Management…
Denmark-based Enelift, a lifting solutions provider for the energy industry until recently known as Global Offshore, on Thursday announced expansion plans that will see the company invest 'a seven-figure sum' into its operations and establish new support hubs in Houston…
Exxon Mobil Corp expects up to $200 million in charges this year related to job cuts in an era of cost savings, according to a regulatory filing.The biggest U.S. oil producer has slashed costs, delayed projects and said it could trim an estimated 14…
Italian oil and gas and renewable industry services giant Saipem has appointed Francesco Caio as its new CEO.Born in 1957, Caio has a degree in Electronic Engineering from the Politecnico di Milano and a Masters in Business Administration (MBA) from INSEAD Fontainebleau…
Norwegian offshore vessel operator Eidesvik Offshore has nominated a new chairman of the board after its current chairman Kolbein Rege said he would resign at the next shareholders' meeting.'After nearly 27 years of service, the Chairman of the Board…
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