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…
Offshore drilling contractor Valaris, which had filed for bankruptcy in August 2020, said Monday it had on April 30, 2021, successfully completed its financial restructuring and emerged from chapter 11.The Valaris Group's Plan of Reorganization…
Norway's Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.Earnings before interests and tax…
Offshore wind developer Ørsted has appointed David Ortiz as head of market affairs for New England, responsible for leading the development of the company’s overall market strategy and overseeing its execution across the region.Ortiz joins Ørsted…
Ken Chapman has led as deep and as broad of a maritime and offshore life as possible, an accrued experience and knowledge including being part of the team that had to coordinated during one of the offshore oil and gas industry’s worst disasters ever: the Piper Alpha…
Ardyne, the Aberdeen and Norway-based fishing, milling and casing recovery provider, has announced a strategic partnership with Dynasty Energy Services, a company in specialized fishing services and plug and abandonment (P&A), to deliver enhanced P&A services globally…
ASCO won an integrated logistics management contract from Total E&P Suriname BV (Total).The contract, which came into effect on December 31, 2020, will be delivered from ASCO Trinidad’s Chaguaramas bases.The work scope, which will support Total’s…
There are not many of the leading edge subsea processing projects Rune Mode Ramberg has not been involved in at some level. The list includes Tyrihans subsea pumping, Tordis subsea separation, studies on the Ormen Lange subsea compression project…
Russia's largest independent natural gas producer PAO NOVATEK announced Friday that the annual general meeting of shareholders (AGM) approved the election of members to the board of directors.The following members were elected to the board of directors:Andrei I…
Principle Power, a developer of floating foundations solutions for the floating wind industry, has informed that João Metelo, its Chief Executive Officer, has announced his decision to leave Principle Power 'in the near term.' Metelo, who's been with Principle Power for over seven years…
Autonomous Robotics Ltd (ARL) has won a grant funded project from the UK-based OGTC and two European energy companies to develop a bespoke seismic sensor to fit in the company’s autonomous underwater vehicle solution, Flying Node. The project is expected to last 15 months…
Marine and offshore services provider James Fisher and Sons on Tuesday announced the appointment of Duncan Kennedy as Chief Financial Officer and as an Executive Director with effect from May 4, 2021, when he will join the Board.Group Finance…
TMC Compressors (TMC), an Oslo-based company supplying offshore and marine compressors, has appointed Christian Ness as the company’s new CEO.Christian Ness succeeds Per Kjellin as part of a planned generational change. Kjellin will continue…
Subscribe
