People & Companies News

 

Norway: Union Makes new Proposal to Oil Companies in Bid to End Workers' Strike

Oct 06, 2020

Norway's Lederne labor union has made a new proposal to oil companies to try to resolve a dispute over wages and end a strike that has cut the country's petroleum output capacity by about 8%, the union told Reuters on Tuesday.Six offshore oil…

J+S Subsea Names First Managing Director, Adds Industry Veteran to Board

Oct 06, 2020

Aberdeen-based subsea control system provider J+S Subsea, launched in September, has appointed Phil Reid as its first managing director. J+S Subsea also appointed Doug Sedge, a former Weatherford executive and an ex-Sparrows CEO to its board as a non-executive director…

Exxon to Lay Off 1600 Workers in Europe

Oct 05, 2020

U.S. oil giant Exxon Mobil said on Monday it plans to reduce its European workforce by up to 1,600 across the company's affiliates by the end of 2021 as part of its global review.Exxon said country-specific cuts will depend on the oil major's local business footprint and market conditions…

Neptune Energy Appoints Director of New Energy Business

Oct 05, 2020

Oil and gas company Neptune Energy has created a business branch named New Energy and has appointed Pierre Girard as a director who will lead it.Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low carbon technologies…

Vineyard Wind Names Deputy CEO

Oct 05, 2020

Vineyard Wind, a company with plans to construct offshore wind farms in the U.S., has appointed Sy Oytan as Deputy Chief Executive Officer.Vineyard Wind is, a 50/50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners…

Strike Shuts Four Equinor Offshore Fields

Oct 05, 2020

Energy major Equinor shut four of its Norwegian offshore oil and gas fields on Monday as its workers expanded their strike, a company spokesman told Reuters.Two more fields operated by Neptune Energy and Wintershall Dea also face likely shutdowns on Monday because of the strike…

DOF's Skandi Vega Firm with Equinor till May 2022

Oct 02, 2020

Norwegian energy company Equinor has extended the contract for the 2010-built Skandi Vega anchor handler, owned by DOF.DOF, which employs 3,500 people worldwide, said Thursday that Equinor had declared an option to extend the firm period of Skandi Vega from 6 months to 2 years…

Workers' Strike Could Hit Output form Six Offshore Fields in Norway

Oct 02, 2020

The escalation of a strike among offshore oil workers in Norway could affect production from six fields with a total output of 330,000 barrels of oil equivalent per day (boepd), the Norwegian Oil and Gas Association (NOG) said on Friday.Norway's…

Equinor's Exec Joins TechnipFMC Board

Oct 02, 2020

Margareth Øvrum, Executive Vice President of Equinor's Development and Production Brazil business, has joined the oilfield services firm TechnipFMC's Board of Directors, effective October 1, 2020.Øvrum, 62, has over 38 years of experience at the Norwegian energy giant…

Seadrill Replaces CEO

Oct 01, 2020

Offshore drilling contractor Seadrill has replaced CEO Anton Dibowitz. Seadrill's CFO Stuart Jackson will take Dibowitz's place, with immediate effect.Seadrill, which this week got more time from creditors to come up with a $7.3 billion debt restructuring solution…

Norway: More Offshore Workers to Go on Strike from Oct. 4

Oct 01, 2020

Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…

Equinor Maintains Oil Output, but More Workers May Join Strike

Sep 30, 2020

Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…

Wärtsilä Names Håkan Agnevall as President and CEO

Sep 30, 2020

Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…

Shell to Cut Up to 9000 Jobs

Sep 30, 2020

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.Shell, which had 83,000 employees at the end of 2019, said…

Norway: Oil Workers Strike Could Shut Large Offshore Field

Sep 30, 2020

Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…

Current News

Exxon Strikes Out at Hassa-1 Offshore Guyana

Exxon Strikes Out at Hassa-1 Offshore Guyana

Offshore Wind: Things are Getting Bigger

Offshore Wind: Things are Getting Bigger

Harren & Partner Adds Offshore Wind Vessel to Fleet. Launches SAL Renewables

Harren & Partner Adds Offshore Wind Vessel to Fleet. Launches SAL Renewables

Eidesvik Offshore Nets Long-Term Charter for Acergy Viking SOV

Eidesvik Offshore Nets Long-Term Charter for Acergy Viking SOV

Subscribe for OE Digital E‑News

Offshore Engineer Magazine