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Boskalis Serves MMHE with Arbitration Notice, Seeking $12M for Bokor Project Delays

Apr 09, 2021

Dutch offshore services contractor Boskalis has served the Malaysian offshore construction firm Malaysia Marine Heavy Engineering (MMHE) with an arbitration notice over alleged cost overruns related to the Bokor platform project, in Malaysia.Info on Boskalis' website from July 2018 shows that the Dutch company had secured a letter of award from MMHE for the transportation and float-over installation of a topside for the Bokor Central Processing Platform Phase 3 redevelopment project in Malaysia…

Ex-Bibby Offshore Man Takes Helm of Decom North Sea

5 hours ago

Decom North Sea (DNS), a UK-based body dedicated to the oil and gas decommissioning sector, has announced the appointment of Fraser Moonie, former COO of Bibby Offshore, as Chief Executive Officer.  'Well-known across the international marketplace…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Vaalco Energy Names New CEO

Apr 12, 2021

Africa-focused oil company Vaalco Energy has named George Maxwell as Chief Executive Officer effective April 12, 2021. Cary Bounds who has served as Chief Executive Officer since 2016 will leave Vaalco to pursue other interests.Maxwell, who…

BP Expects to Reach $35B Net Debt Target in 1Q

Apr 06, 2021

BP expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a 'very strong' quarter.The company, which had a debt pile of $39 billion at the end of 2020…

Petrobras CFO, Others to Leave After Clashing with Incoming CEO's Plans

Mar 26, 2021

Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with plans of the company’s incoming chief executive, a person close to the executives said.Topics…

Norway's Oil Minister Diagnosed with Covid-19

Mar 26, 2021

Norway's minister of petroleum and energy, Tina Bru, has been diagnosed with COVID-19, along with her son and husband, she wrote on her Facebook page on Friday.'We are all feeling relatively well, and we obviously hope it will continue that way…

Ashtead Technology Creates Role to Push Renewables Drive

Mar 26, 2021

Subsea services and technology contractor Ashtead Technology has created a new role to head up its increasing activities in renewable energy.For this Ashtead Technology appointed Scott Stephen to oversee and enhance its service offering to support the global renewables market…

Offshore Accommodation Firm Floatel Completes Debt Restructuring

Mar 25, 2021

Floatel International, a company providing offshore accommodation rigs for the oil and gas industry, said Wednesday it had successfully completed its comprehensive balance sheet restructuring.The company said it had secured a fully consensual deal among all key stakeholders…

Vaalco's CFO to Retire

Mar 19, 2021

Africa-focused oil and gas firm Vaalco Energy said Friday its Chief Financial Officer Elizabeth Prochnow has elected to retire effective March 31, 2021.  Vaalco said that Prochnow's departure was not related to any issues regarding strategy…

3t Energy Names Director to Help Drive Expansion, Acquisitions

Mar 18, 2021

3t Energy Group, a UK-based energy industry training services company, has appointed Chris Durling as its new finance director for its training division.Durling comes to 3t Energy Group from EY, where he led the Aberdeen transactions business and EY’s focus on energy services in the UK…

Newly Formed 3t Enermech to Help Train Mozambique Oil Workers

Mar 17, 2021

3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…

Ex-CEO of MHI Vestas Offshore Wind Joins Maersk Supply Service Board

Mar 15, 2021

Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…

Ex-BHP Billiton CEO to Become Shell Chair

Mar 11, 2021

Oil giant Shell has announced the appointment of Sir Andrew Mackenzie as the new company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021.Mackenzie, a former BHP Billiton CEO, will succeed…

Aker Solutions Names EVP for Sustainability

Mar 10, 2021

Norwegian offshore energy services company Aker Solutions has appointed Marianne Hagen has been appointed executive vice president for sustainability and communications in a push to expand its work on sustainability.'Last year, Aker Solutions…

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