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Equinor Begins Search for New CEO

Nov 08, 2019

Norwegian oil producer Equinor has started a search for a new chief executive, the Stavanger Aftenblad newspaper reported on Friday, citing unnamed sources.CEO Eldar Saetre, 63, who led the company through the oil market's downturn in 2014-2016, has not set a date for his departure, but could step down in 2020, the newspaper reported.'There is no date set for when he will retire beyond what was said in our annual report…

LR Bolsters Well Management Team

1 hour ago

Lloyd’s Register announced it has made several key appointments to its wells engineering and project management consultancy following a series of major contract wins and global growth.John O’Neill brings more than 25 years’ experience in global…

NJ Governor Doubles Offshore Wind Goal

9 hours ago

As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7…

BW Offshore Completes Bond Issue

Nov 18, 2019

BW Offshore, a provider of floating production services to the oil and gas industry, has successfully completed a NOK 900 million senior unsecured bond issue with a coupon of three months NIBOR + 4.50% and maturity in December 2023.The Oslo…

Northland, Shizen Join Forces for Japanese OWP

Nov 18, 2019

Canadian energy company Northland Power and the Japanese provides renewable energy project development services Shizen Energy have agreed to set up a joint venture to develop offshore wind projects in Japan.Under the terms of the agreement,…

Weatherford CFO Steps Down

Nov 14, 2019

Oilfield services company Weatherford International announced on Thursday that Christoph Bausch will step down as Executive Vice President and Chief Financial Officer effective November 14, 2019 to pursue other opportunities. He will remain with the Company through November 30…

Prince Frederik to Address WindEurope Event

Nov 13, 2019

Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be the world’s largest event dedicated to offshore wind.The event, which will take place in Copenhagen from 26 to 28 November…

Chrysaor Buys Stakes in OKEA’s 2 Licenses

Nov 13, 2019

North Sea oil producer Chrysaor Norge has exercised an option to buy stakes in OKEA’s Grevling and Storskrymten discoveries offshore Norway.The Norwegean oil production company OKEA confirmed the sale of 20% of the Company's participating interest in Grevling (PL 038D) and 18…

Neodrill Enters Australian Market

Nov 13, 2019

Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…

Allan Joins RMEC

Nov 13, 2019

Oilfield services firm RMEC has appointed an oil and gas industry veteran to boost its operations as it prepares for its next stage of international growth.Vic Allan has joined the company from American multinational corporation Halliburton…

MHI Vestas Offshore Wind Appoints Co-CEO

Nov 11, 2019

The Board of Directors of MHI Vestas Offshore Wind has appointed Johnny Thomsen as the new Co-CEO following the resignation of Lars Bondo Krogsgaard.Thomsen is the former Vestas Senior Vice President of Product Management, said a press note from the Dutch offshore wind power solutions provider…

Wellpro Announces New Hires

Nov 11, 2019

Well intervention company Wellpro Group announced two new appointments as it eyes further expansion in the Eastern Hemisphere.Mark Fraser has taken up the role of Regional Manager in the Middle East, while Martin Webster has been appointed Regional Manager in Asia…

Trump Nominates Brouillette as New Energy Secretary

Nov 08, 2019

The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department…

PGNiG Ups Stake in Duva Field, Norway

Nov 07, 2019

PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…

Ørsted Expands Rapidly in US

Nov 07, 2019

Denmark-based Ørsted A/S, offshore wind giant, is expanding rapidly in the US within the development and construction of offshore and onshore wind power as well as solar PV.The growing portfolio enables Ørsted to increasingly trade the green power generated by the wind and solar farms…

Current News

Oil Price Adds to Drill Mix

Oil Price Adds to Drill Mix

Norway's Oil Industry Lifts Forecasts

Norway's Oil Industry Lifts Forecasts

Sarawak Seeks to Recoup Tax from Petronas

Sarawak Seeks to Recoup Tax from Petronas

In Namibia, Eco Atlantic Plots Journey Ahead

In Namibia, Eco Atlantic Plots Journey Ahead

Seadrill in Talks with Banks to Restructure Debt

Seadrill in Talks with Banks to Restructure Debt

LR Bolsters Well Management Team

LR Bolsters Well Management Team

Total Criticizes EIB's Decision Not to Finance Gas

Total Criticizes EIB's Decision Not to Finance Gas

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Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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