People And Companies News


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…

Chevron Doubles Noble Deal Synergies Target, Reaffirms Lower Spending Plans

Mar 09, 2021

Chevron Corp on Tuesday reaffirmed its lower spending plans, doubled the targeted savings from its Noble Energy deal, and unveiled new carbon intensity reduction goals, hoping to woo investors seeking higher returns and lower environmental impact…

Seismic Firm TGS Makes Organizational Changes. Names Energy Transition Head

Mar 08, 2021

Norwegian seismic company TGS, which provides seismic data to oil and gas exploration companies, on Friday said it had implemented organizational changes to support its strategic plan announced in February, which included an establishment of…

Petrobras Board Calls for Meeting to Oust CEO

Feb 24, 2021

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…

UK-based Enermech Eyes Oil & Gas Work in Mozambique

Feb 23, 2021

Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…

Galp Sees Q4 Profit Drop 98%, Slashes Dividend

Feb 22, 2021

Portugal's oil and gas company Galp Energia cut its dividend payout by half on Monday after posting a 98% plunge in fourth-quarter net profit as the coronavirus pandemic hammered refining margins and output fell.The company said it would propose a dividend of 0…

Report: Brazil's President Pressing for Petrobras CEO Resignation

Feb 19, 2021

The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on raising gasoline prices in line with international market hikes, two sources with direct knowledge of the matter told Reuters on Friday…

Shearwater Looking to Recruit Source, Towing & Handling Manager

Feb 19, 2021

Marine seismic player Shearwater is on the lookout for a Source, Towing & Handling Manager.The company, which owns a fleet of 23 seismic vessels, has shared information via social media and on its career website and said this would be a full-time position…

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Rockhopper vs. Italy: Tribunal Ruling on Offshore Project Expected in July

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