People & Companies News

 

Kvaerner Sends Workers on Temporary Leave. Execs Cut Own Salaries

Mar 24, 2020

Kvaerner, a Norwegian offshore engineering and construction company, has said its executive management will cut its salaries. The company has also placed 30 employees on temporary leave, with this number set to increase.This is a part of the company's effort to reduce the effects fo the current situation with the Covid-19 virus, and the market situation, on ongoing operations and future business opportunities…

Jersey Oil & Gas Names Board Advisor

Apr 06, 2020

Jersey Oil & Gas (JOG), a UK Continental Shelf focused oil company has appointed Chris Haynes, as a Board Advisor to the company.Haynes is a non-executive director of Australia-based Woodside Petroleum Limited and Worley Limited. 'Chris has…

New Senior Exec Team for ROV Specialist Rovco

Apr 02, 2020

Rovco, a provider of remotely operating vehicles (ROV), has announced several key executive teams hires and internal appointments, including a new CFO and CTO.Reena Rowan has been appointed as Chief Financial Officer at Rovco, having previously…

PetroVietnam Reduces Salaries to Cope with Coronavirus, Low Oil Prices

Apr 01, 2020

Vietnam Oil and Gas Group is cutting employee salaries to rein in costs as it grapples with low oil prices and a coronavirus pandemic that has infected 212 people in the southeast Asian nation, the company said on Wednesday.The move was part of efforts to cut costs by 15% to 30%…

Norwegian Oil and Gas Names Ex-Minister as CEO

Mar 31, 2020

Norwegian Oil and Gas Association has appointed Anniken Hauglie, former Minister of Labour and Social Affairs, as its new CEO.The association representing interests of oil and gas companies in Norway expects to benefit from Hauglie's political experience…

ASCO Names New CFO

Mar 30, 2020

Offshore oil and gas logistics company ASCO has appointed Gary Paver as its new Group Chief Financial Officer.Paver is a Chartered Accountant with over 25 years' experience in oil and gas including roles with Halliburton, Petroleum Engineering Services and most recently as Senior Vice President…

CNOOC Names New President

Mar 20, 2020

Chinese oil company CNOOC has announced the appointment of Hu Guangjie executive director and president of the company. In a statement on Friday, CNOOC said that Xu Keqiang had resigned as the President of the Company, but would remain an Executive…

Equinor Workers to Stay Offshore for Longer Due to Coronavirus

Mar 16, 2020

Equinor will extend its employees' shifts at offshore platforms to 21 days from 14 days to reduce the risk of coronavirus spread, the oil company said on Monday, as oil and gas production offshore Norway continued as normal.Equinor recorded…

Ex-Bureau Veritas Man Joins Lloyd's Register

Feb 21, 2020

On the back of several major consultancy and maintenance optimization contracts wins in offshore and onshore oil and gas exploration space, Lloyds Register has appointed Yvo Yansen as Global Business Development Director for Energy business…

Leadership Change at Noble Corp

Feb 20, 2020

Offshore drilling company Noble Corp. has announced that Julie J. Robertson will resign as President and Chief Executive Officer of the company at the next annual general meeting. She will take on the newly created role of executive Chairman of the Company's Board of Directors…

Norwegian Seismic Player Names New CFO

Feb 17, 2020

Norwegian oilfield seismic data company TGS has named Fredrik Amundsen as the new Chief Financial Officer, to replace Dean Zuzic who joined the company last year after the acquisition of rival Spectrum.Amundsen has served as Executive Vice President (EVP) Europe at TGS…

NABU Objects to Gennaker OWF

Feb 16, 2020

A German non-governmental conservation organisation, Naturschutzbund Deutschland e.V. (NABU), has filed an objection to the building permit for the Gennaker offshore wind farm (OWF) in the coastal waters of Mecklenburg-Western Pomerania.Massive…

Teesside Univ, Sofia OWF Ink Skills Partnership

Feb 11, 2020

UK's Teesside University and Sofia Offshore Wind Farm (OWF), a project by German energy company Innogy SE, have signed an agreement setting out how they will work together to build local skills and capabilities to equip students for careers in the rapidly growing offshore wind sector…

Cost Cuts Pay Off for NOV

Feb 07, 2020

National Oilwell Varco beat estimates for its fourth-quarter profit on Thursday, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity. Lower crude prices and investor demand for higher returns have forced U…

TÜV SÜD, IX Wind Join Forces for Wind Power

Feb 06, 2020

The global testing, certification, inspection and training provider TÜV SÜD and Taiwan's IX Wind have signed a memorandum of understanding (MOU) to cooperate in various wind power industry services in Taiwan and Japan.Combining forces in the Taiwanese and Japanese wind power industry…

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