People And Companies News

 

Wood Chairman Franklin Joins Kosmos Energy Board

Jun 10, 2021

Offshore oil and gas exploration and production company Kosmos Energy has appointed Roy A. Franklin as a member of its Board of Directors, effective June 9, 2021. Franklin is a senior executive with more than 45 years in the energy industry…

McDermott CEO David Dickson Resigns. Interim CEO Named

Jun 08, 2021

David Dickson, CEO of offshore installation and construction firm McDermott has decided to resign, the company said Monday. Dickson was CEO of the company since December 2013.Lee McIntire, an independent director on the McDermott Board of Directors…

Non-Executive Chair Thompson Set to Leave Tullow

Jun 02, 2021

Oil and gas firm Tullow Oil said Wednesday that Dorothy Thompson CBE, Non-Executive Chair, had decided to step down from Tullow's Board.'A search process to find a new Chair has been launched and is expected to conclude towards the end of the summer…

Exxon Loses Board Seats to Activist Hedge Fund in Landmark Climate Vote

May 27, 2021

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company's leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change…

Seadrill Partners Emerges from Chapter 11 Bankruptcy

May 25, 2021

Seadrill Partners, an affiliate of offshore drilling firm Seadrill, said Tuesday it had emerged from Chapter 11 bankruptcy for which it had filed in December 2020.The company said it has successfully completed its reorganization, turning around $2…

Bahamas Petroleum Company Changes Name

May 21, 2021

Bahamas Petroleum Company, an oil and gas company focused on the Caribbean and Atlantic margin, which earlier this year failed to unearth commercial quantities of oil from the closely watched Perseverance well offshore the Bahamas, is changing its name…

Norway: Wage Talks Between Offshore Drilling Firms, Workers Break Down

May 20, 2021

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…

Petrofac CFO to Resign

May 12, 2021

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…

Former Pacific Drilling CEO Takes Helm at Diamond Offshore

May 10, 2021

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…

Saipem Names New CEO

May 04, 2021

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…

Eidesvik Offshore's Chairman Set to Resign. Replacement Nominated

May 04, 2021

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…

Floating Wind: Principle Power CEO Set to Leave

Apr 21, 2021

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…

Petrobras Confirms Luna as New CEO, Names New Division Heads

Apr 19, 2021

The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.The board of directors of Petroleo Brasileiro SA…

Semco Maritime to Name Vattenfall's Wind Boss to the Board

Apr 15, 2021

Danish offshore energy services company Semco Maritime said Thursday that Gunnar Groebler would be nominated as a new board member of the company.With the appointment of Groebler, a German citizen who's worked for the Swedish power firm Vattenfall since 1999…

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

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