Shareholders in Brazil's Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process.The dismissal of Castello Branco, while widely expected, is an important step in the government's plan to place Joaquim Silva e Luna, a retired army general who has no oil and gas experience…
FutureOn, a software company specializing in the provision of digital oilfield solutions, has made two key senior appointments as part of the company’s strategic growth plans.Katherine Taylor-Jones brings significant experience and knowledge…
Lockport, La. based offshore support and subsea services provider Bordelon Marine said it has promoted Mike Belanger to chief operating officer and Chris Martin to general manager.Having served as Bordelon's general manager for 15 years, Belanger…
For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected - and unwelcome.President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA…
Akselos, a company developing real-time digital twins for offshore energy industry applications, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success.Van Haersma Buma joins Akselos after a 12-year career with Shell as a commercial technologist…
Maritime Developments (MDL), a company providing consultancy, equipment, and personnel for the global offshore energy sectors, has appointed Chris Reid as its new Vice President VP - UK & EuropeMDL, which provides SURF handling back-deck equipment…
Integrated logistics and materials management company, ASCO, has appointed Craig Revie as General Manager of its specialist lifting division, NSL.Revie first joined ASCO in 2018 as head of Marine Services, Craig led initiatives in vessel monitoring…
Scottish Renewables, Scotland's renewable energy industry association, has created a new role aimed at strengthening the renewable energy industry’s voice in the transition to a net-zero energy system.The organization’s new Energy Transition…
Royal Dutch Shell has proposed linking its directors' pay more closely to the group's climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes, it said on Monday.The weighting of Shell's energy…
Offshore wind developer Ørsted has appointed Joanne Fernandez as Head of Government Affairs and Policy in New York.Fernandez will be responsible for setting and shaping the Ørsted legislative and regulatory agenda in New York as well as working…
Vaarst, an offshore robotics technology spin-off from ROV-services firm Rovco, was formally launched Wednesday.Vaarst says its goal is to revolutionize the offshore robotics sector - 'leveraging intelligent data flows for smart asset management…
BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.Looney's pay included 1…
Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…
Offshore and subsea services company James Fisher on Monday launched a renewables business James Fisher Renewables, which sees consolidation of the group’s capabilities into what James Fisher said was 'a comprehensive solutions provider.''Bringing together capabilities from across the group…
Rick Hall, CEO of SOFEC, a company providing mooring systems for the international offshore oil and gas industry, has decided to retire.According to SOFEC, a subsidiary of Japan's FPSO specialist MODEC, Hall, who has been with SOFEC for almost three decades…
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