People & Company News

 

Talos Names Maiworm CFO

Jun 19, 2023

Houston based Talos Energy announced it has appointed Sergio L. Maiworm Jr. as the Company's Chief Financial Officer and Senior Vice President, effective as of July 1, 2023, replacing Shannon E. Young, III who has accepted a similar role with another independent E&P company…

Shell to Sharply Boost Dividend, Keep Oil Output Steady in New CEO Plan

Jun 14, 2023

Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.In a new financial framework announced on Wednesday…

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

Gumbs to Step Down as President and CEO of Bosch Rexroth North America

Jun 09, 2023

Bosch Rexroth North America's President and Chief Executive Officer Gregory Gumbs will leave the company July 1, 2023, the company said Thursday.'Gumbs, who joined the organization in late 2020, successfully led the increased growth of the North American region to record achievements…

Barryroe Offshore Energy Faces Uncertain Future as Working Capital Dwindles

Jun 08, 2023

Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…

Offshore Worker Dies in Incident on Woodside's North Rankin Complex

Jun 02, 2023

An employee of one of Woodside’s contractor companies on the Woodside-operated offshore North Rankin Complex died in an incident that occurred at approximately 12.00pm AWST Friday.The incident occurred during work activity being carried out at the North Rankin Complex…

Suncor to Cut 1,500 Jobs by End of Year - Report

Jun 02, 2023

Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

Petronas Says Malaysian Anti-graft Probe Found No Wrongdoing by the Firm

May 29, 2023

Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…

Tear Gas Taints the Air as TotalEnergies AGM Rejects Climate Activist Resolution

May 26, 2023

TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major's greenhouse gas emissions program after police intervened to stop climate protesters disrupting its annual general meeting. The resolution…

Offshore Accommodation Firm Prosafe Appoints Interim CEO

May 25, 2023

Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…

US, EU Lawmakers Push to Depose UAE's Jaber from Climate Talks

May 24, 2023

Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…

Norwegian Offshore Drilling Unions Seek Mediation as Wage Talks Falter

May 24, 2023

Wage talks involving around 8,000 oil drilling workers in Norway broke down early on Wednesday, labor unions said, raising the risk of strike action later this year that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…

Battle in UK Offshore Sector: 1650 Contractors Set to Strike Over Jobs and Pay

May 23, 2023

UK-based union Unite said Tuesday that around 1650 offshore contractors would start two new rounds of 48-hour strike action 'in an increasingly bitter dispute over jobs, pay, and conditions in the offshore sector.'Around 1650 contractors across…

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