People & Companies News

 

Prysmian Group Launches Share-incentive Plan for 25,000 Employees

May 06, 2022

Italian energy and telecom cable maker Prysmian Group has launched what it says is an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white collar workers of the Group…

U.S. Offshore Wind: RWE Renewables Names Head of Offshore Development (East)

May 05, 2022

Germany-based renewable energy company RWE Renewables has appointed Katie Theoharides as Head of Offshore Development (East) in its offshore wind team in the U.S.Theoharides comes to RWE from her position as Secretary of Energy and Environmental…

Höegh LNG Names New President & CEO

May 05, 2022

Oslo-listed LNG FSRU specialist Höegh LNG has appointed Erik Nyheim as the new President & CEO, effective from mid-August this year.Nyheim comes from the position as Partner of Boston Consulting Group's Norwegian office where he has successfully led their maritime practice since 2019…

Shell Posts Record Profit on High Energy Prices and Trading Boost

May 05, 2022

Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.Shell joins sector rivals, including BP and TotalEnergies…

Norway Oil Firms and Labor Unions Seek Mediation to Avert Strike as Wage Talks Break Down

May 05, 2022

Wage talks between Norwegian oil firms and three labor unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, the unions and companies said.If Norway's government-appointed mediator is unable to broker a deal…

Siemens Gamesa Names Dawidowsky COO

May 04, 2022

Wind turbine maker Siemens Gamesa has appointed Tim Dawidowsky as its Chief Operating Officer.The company is hoping Dawidowsky's expertise in supply chain management, procurement, and prodject management will help alleviate issues flagged last month when Siemens Gamesa pulled its 2022 guidance…

Bilfinger UK Expands Offshore Wind Team

May 03, 2022

UK-based engineering and maintenance contractor Bilfinger UK has made three appointments to its offshore wind team in Great Yarmouth, growing the business’s Southern North Sea presence for projects in the UK and Denmark.The company has appointed a business development consultant…

Halliburton Appoints New CFO

May 03, 2022

U.S. oilfield service giant Halliburton on Monday announced senior executive leadership changes whereby Lance Loeffler, executive vice president and chief financial officer (CFO) will assume the role of senior vice president of the Company’s Middle East North Africa (MENA) region…

U.S. Supreme Court to Rule on Whether Offshore Rig Worker is Entitled to Overtime Pay

May 03, 2022

The U.S. Supreme Court on Monday agreed to decide whether a supervisor of offshore oil rig workers is entitled to overtime pay under federal law even though he earns more than $200,000 a year, with potentially costly implications for the oil and gas industry and other employers…

Safety Certification Firm UL Opens Glasgow Office for Offshore Wind Operations

May 03, 2022

UL, a safety certification company has launched a new office in Glasgow, which will serve as the global hub for its growing offshore wind operations.'From this location, UL will deliver expert support for customers and their projects worldwide…

Europa Oil & Gas Names New CFO

Apr 28, 2022

Europa Oil & Gas, an oil and gas company with assets in the UK, Ireland, and Morocco focused has appointed Will Holland as Chief Financial Officer and Executive Director of the Company effective June 1, 2022.'Mr. Holland is a proven financier…

CNOOC Q1 Net Profit Doubles, Domestic Oil and Gas Output Jumps

Apr 28, 2022

China's top offshore oil and gas producer CNOOC Ltd saw its net income more than double during the first quarter of 2022 from a year ago, on the back of a surge of global oil prices and an increase in domestic oil and gas production.The listed…

Acteon Reveals New Structure in Offshore Renewables Push

Apr 27, 2022

Acteon, an offshore services and equipment provider, on Wednesday announced a new structure that it said would further accelerate its growth in offshore renewables. 'Three new client-facing service divisions, Data and Robotics, Engineering, Moorings and Foundations…

Lukoil Names Interim President after Alekperov's Resignation

Apr 22, 2022

Following billionaire Vagit Alekperov's resignation as president and director of Russian oil major Lukoil earlier this week, the firm announced on Friday that Vadim Vorobyev would take over as interim president.Vadim Vorobyev currently serves as the first executive vice president of the company…

Saipem Beats Expectations as Core Energy Business Gets Boost

Apr 21, 2022

Italy's Saipem beat expectations for first-quarter earnings as an upturn in global oil and gas spending lifted the energy contractor's core business, putting it on track for a better year.Adjusted core earnings in the period rose 65% to 145 million euros ($157 million)…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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