People & Companies News


Colombia's Ecopetrol Names Alberto Consuegra as Interim CEO

Mar 27, 2023

Colombian majority state-owned energy company Ecopetrol on Friday named Alberto Consuegra as its interim CEO, taking over from Felipe Bayon who stands down at the end of the month following more than five years in the top position. Ecopetrol announced in January that Bayon would leave…

Capricorn Energy to Cut Jobs in UK

Mar 24, 2023

Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…

Frontline's Fredriksen Appointed to Euronav Supervisory Board

Mar 23, 2023

Belgian oil tanker and storage operator Euronav said on Thursday its shareholders had elected John Fredriksen from Frontline, a major investor that pulled out of a merger deal with Euronav this year, to its supervisory board. Euronav said shareholders…

Harbour Energy Boosts Expertise with New Director Appointments

Mar 23, 2023

UK-based oil and gas producer Harbour Energy on Thursday announced the appointment of Belgacem Chariag and Louise Hough as independent Non-Executive Directors. The duo will join the Board on 1 May 2023 and will stand for election by shareholders…

BP Petrofac Workers to Support North Sea Strikes Over Pay

Mar 22, 2023

UK's Unite the union on Wednesday said that its members at BP Petrofac sites have voted to support a strike over pay at oil and gas facilities in the North Sea.'The vote will see the BP Petrofac workers join 1,400 others in dispute with their employers…

Venezuela president names PDVSA head Tellechea as new oil minister

Mar 22, 2023

Venezuelan President Nicolas Maduro on Tuesday named the head of state oil company PDVSA, Pedro Rafael Tellechea, as the new oil minister, a day after his predecessor resigned amid an extensive corruption investigation focused on the company…

UK Union Calls Off Strike at BP North Sea Platforms as Pay Deal Secured

Mar 21, 2023

Offshore workers employed by Sparrows Offshore Services on BP’s North Sea installations have called off the strike action after securing an extra three weeks paid leave on BP assets, British union Unite said on Tuesday. The strike involved almost 50 workers at BP's Andrew…

Women Offshore Founder Cedeno to Address Cal Maritime Grads

Mar 20, 2023

Ally Cedeno, founder and president of the Women Offshore Foundation, has been selected to address California State University Maritime Academy’s class of 2023 at its Commencement Ceremony on Saturday, May 6.  Cedeno is a 2008 graduate of the U…

Ashtead Technology Names Renewables Business Manager

Mar 20, 2023

Subsea rental equipment and solutions firm Ashtead Technology has appointed Rich Fry as Group Business Development Manager – Renewables. The company said Fry brought strong credentials to the company with over a decade of experience working with equipment manufacturers…

Massive Strike Looms on UKCS as 1400 Offshore Workers Demand Better Deal on Jobs, Pay, and Conditions

Mar 20, 2023

Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…

UK's SFO Seizes More than $8M from Ex-Petrobras Employee

Mar 17, 2023

Britain’s Serious Fraud Office (SFO) can seize more than $8 million of illicit cash linked to a massive Brazilian corruption scandal involving state-run oil company Petrobras, a London court ruled on Friday.The SFO successfully applied to confiscate $7…

Danos Buys Wood's Offshore Labor Supply Operations

Mar 14, 2023

John Wood Group has sold its offshore labor supply operations in the Gulf of Mexico to Louisiana-based energy services contractor Danos.The sale was for a cash consideration of $17 million, with Wood retaining working capital. This represents an EV/EBITDA multiple of around 8x…

DNV Names New Offshore Classification Director

Mar 13, 2023

Maritime classification society DNV has appointed Torgeir Sterri as the new Offshore Classification Director for DNV Maritime, with effect from 1 March 2023.Lucas Ribeiro, former Area Manager for Iberia, Italy, and Malta, will succeed Sterri as Regional Manager for West Europe…

BP CEO Looney's 2022 Pay More than Doubles to $12M

Mar 10, 2023

BP CEO Bernard Looney's 2022 pay packet more than doubled to around $12 million on the back of bumper profits amid spiraling energy prices, while BP's emissions were broadly unchanged, its annual report showed on Friday.BP reported a record profit of $28 billion for 2022 and hiked its dividend…

Ex-Shell CEO's Pay Jumped 53% to $11.5M in 2022

Mar 09, 2023

Shell's former chief executive, Ben van Beurden, received a pay package of 9.7 million pounds ($11.5 million) last year, up 53% from 2021, the group said in its annual report on Thursday.The oil major delivered a record $40 billion profit in 2022…

Current News

CCS, Hydrogen Challenges a Focus at SPE Offshore Europe 2023

CCS, Hydrogen Challenges a Focus at SPE Offshore Europe 2023

TechnipFMC, DOF-owned Vessel Catches Fire in Brazil

TechnipFMC, DOF-owned Vessel Catches Fire in Brazil

Consortium Proposes 2.5 GW Offshore Wind Farm in Bass Strait, Australia

Consortium Proposes 2.5 GW Offshore Wind Farm in Bass Strait, Australia

Equinor Eyes Restart of Statfjord A Offshore Platform Next Week

Equinor Eyes Restart of Statfjord A Offshore Platform Next Week

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