People And Companies News

 

Hurricane Energy Picks Ex-Pharos Energy Man as New CEO

Aug 21, 2020

UK-based oil and gas company Hurricane Energy has appointed Antony Maris as Chief Executive Officer ('CEO') designate, and executive director of the company.Maris' appointment follows the resignation of Hurricane Energy's long-standing CEO Robert Trice…

Boskalis 1H Earnings, 2020 Goal Beat Forecasts

Aug 20, 2020

Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients…

Gulf of Mexico Oil Firm Fieldwood Energy Files for Bankruptcy

Aug 05, 2020

U.S. offshore oil and gas producer Fieldwood Energy said Tuesday it had filed for chapter 11 bankruptcy to restructure the company.The company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas…

Eni Names CFO

Aug 03, 2020

Italian oil and gas company Eni has named Francesco Gattei as its Chief Financial Officer.In 2019, Gattei moved to Houston to become Eni's Upstream Director of the Americas, managing the E&P business in the USA, Mexico, Venezuela, and Argentina…

Talos CEO Becomes Vice-Chairman of U.S. Offshore Industry Body NOIA

Jul 30, 2020

Tim Duncan, CEO of Talos, an oil and gas company focused on exploration and production in the Gulf of Mexico, has been appointed Vice Chairman of the U.S. National Ocean Industries Association (NOIA).Duncan will join NOIA Chairman and Halliburton…

Subsea 7 Posts $922M Loss in Q2 on Impairment Charges. Offshore Wind Boosts Orderbook

Jul 29, 2020

Offshore installation services company Subsea 7 reported a Q2 net loss of $922 million, compared to a profit of $24 million in Q2 2019, due to impairment charges of $807 million.The second-quarter revenues of $754 million was 21% lower than in the second quarter of 2018…

Norway: Equinor's Operating Profit Dives, But Beats Estimates

Jul 24, 2020

Equinor on Friday reported a drop in second-quarter operating profit but a strong performance from its refinery and trading business helped to counter a coronavirus-led slump in oil and gas prices allowing the group to beat forecasts.The Norwegian…

Venezuela Oil Minister El Aissami Tests Positive for COVID-19

Jul 13, 2020

Venezuelan oil minister Tareck El Aissami has tested positive for COVID-19, he said on Twitter on Friday, a day after the leader of the socialist party, Diosdado Cabello, tested positive for the virus as well.El Aissami, named to the position this year…

Parkwind CEO Becomes Chairman of Belgian Offshore Platform

Jun 26, 2020

The Board of Directors of the Belgian Offshore Platform (BOP), Belgium's offshore wind industry body, has appointed François Van Leeuw as chairman.François Van Leeuw is co-CEO of Parkwind, a holding company of Colruyt Group that currently operates…

OWC Sets Up Office in S. Korea

Jun 26, 2020

OWC, formerly known as Offshore Wind Consultants, has set up an office in South Korea, a country with ambitious offshore wind plans. 'We continue our expansion into key emerging markets such as South Korea. We believe a local presence is central…

National Oilwell Varco Suspends Dividend as Capital Becomes Scarce

May 21, 2020

Oilfield services and equipment provider National Oilwell Varco said Wednesday that its Board of Directors elected to suspend the quarterly dividend until further notice.Clay Williams, Chairman, President, and CEO said: 'With the view that capital…

OWC Sets Up Shop in Japan

May 18, 2020

International offshore wind consultancy and advisory firm OWC (Offshore Wind Consultants) has said it will set up an office in Tokyo to support the fast-growing offshore wind market in Japan.'The Japanese government has announced big ambitions…

Current News

Shell's Gulf of Mexico Offshore Oil Transfer Platform to Be Offline Until Year-end

Shell's Gulf of Mexico Offshore Oil Transfer Platform to Be Offline Until Year-end

BP Brings Online Matapal Project Offshore Trinidad and Tobago

BP Brings Online Matapal Project Offshore Trinidad and Tobago

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Response to Speculation: UK's SSE Says No Break-up Decision Made

Response to Speculation: UK's SSE Says No Break-up Decision Made

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