People & Companies News


DNV GL Merges Oil & Gas and Power & Renewables Arms to Create Energy Systems

Jan 26, 2021

DNV GL said Tuesday it would combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.The quality assurance and classification firm which, among others, provides advisory services to the power…

BP's Oil Exploration Team Swept aside in Climate Revolution

Jan 25, 2021

Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.Its geologists, engineers and scientists have been cut to less than 100 from a peak of more than 700 a few years ago…

Premier Oil Names Ex-Aker BP Man as New CFO

Jan 25, 2021

UK-based Premier Oil has announced the proposed appointment of Alexander Krane as Chief Financial Officer.Krane will be appointed with effect from the later of completion of the merger with Chrysaor and April 15, 2021. He will replace Richard…

Wärtsilä's New CEO to Take Over on Feb. 1

Jan 19, 2021

Håkan Agnevall will take over the position of CEO of the Finnish marine equipment maker Wärtsilä on February 1, 2021.Back in September 2020, Wärtsilä first announced that Agnevall, president of Volvo's bus division, would become its new CEO…

Endúr's Offshore Fabrication Branch Files for Bankruptcy

Jan 15, 2021

Norway's Endúr Industrier AS, an offshore fabrication subsidiary of marine infrastructure group Endúr, on Friday notified Stavanger district court about its decision to initiate a bankruptcy petition for the company, citing a dire market situation…

SIMEC Atlantis Energy Names New CEO

Jan 14, 2021

Tidal energy developer SIMEC Atlantis Energy has appointed Graham Reid as the new Chief Executive Officer and a Director of Atlantis.He will take over from Tim Cornelius who has agreed to take up a new role as a Senior Adviser to the Group and…

Former Shell Upstream Boss to Become CEO of Galp

Jan 13, 2021

Former Shell director Andy Brown will become CEO at Portuguese oil and energy company Galp Energia from Feb. 19, the company said, with boss Carlos Gomes da Silva leaving two years before the end of his mandate.The decision was agreed upon by Gomes da Silva and board chair Paula Amorim…

DNV GL to Change Name

Jan 13, 2021

Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the…

Subsea 7 Director Passes Away

Jan 13, 2021

Offshore installation company Subsea 7 said Tuesday that Allen Stevens, the company's non-executive director, and senior independent director, passed away on January 10, 2021.Stevens started in the shipping industry in financial planning at Sea Land Service Inc…

TechnipFMC CFO Resigns. Replacement Named

Jan 13, 2021

Oilfield services giant TechnipFMC has appointed Alf Melin Executive Vice President and Chief Financial Officer, effective January 25, 2021. He will take the position from Maryann Mannen who has decided to resign, also effective January 25, 2021…

Fugro CFO Verhagen Steps Down

Jan 12, 2021

Dutch offshore services company Fugro announced its chief financial officer (CFO) Paul Verhagen has decided to leave the company.Verhagen, who joined Fugro as CFO and member of the Board of Management in 2014, will step down after the annual meeting of shareholders on April 22…

Third of Oil and Gas Workers Faced Pay Cut in 2020

Jan 12, 2021

Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices.Oil and gas workers are still among the highest paid in the world…

Hamworthy Names New CEO

Jan 11, 2021

Singapore-based marine and offshore pump manufacturer Hamworthy Pumps has appointed Hans Christiaan Laheij, 48, as its new CEO.The new CEO will join the company on January 15, 2021. He has recently worked with German propulsion specialist Schottel in the position of Deputy CEO & President Marine…

Nigerian Oil Company Lekoil Loses Board Fight with Metallon

Jan 08, 2021

Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute…

Ithaca Energy Taps Crawford as CFO

Jan 07, 2021

Independent oil and gas company Ithaca Energy on Thursday announced the appointment of David Crawford as chief financial officer, taking over the role from predecessor Graham Forbes who will be leaving Ithaca, effective February1.Crawford is…

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