People & Company News


Smedley Named President, COO at Deepsea Technologies Inc.

Aug 11, 2022

Marcus Smedley has been named president and chief operating officer of Deepsea Technologies, Inc. (DTI). The Houston-based firm engineers and manufactures a wide range of subsea products and equipment used in the offshore oil and gas industry…

Osprey Group Names Massey Head of Heavy Lift Division

Aug 11, 2022

UK-based Osprey Group has appointed Simon Massey as the new Managing Director of its Heavy Lift division. Massey comes to the business with more than 35 years’ industry experience gained from a range of companies, most recently Sarens UK, Weldex and DeMag…

VideoRay Promotes Goldstein to COO

Aug 09, 2022

Underwater remotely operated vehicle (ROV) technology company VideoRay announced it has promoted Andy Goldstein to chief operating officer. He joined VideoRay in 2009 and most recently served as vice president, engineering and operations.Goldstein…

Unite Ballots Shell’s Offshore Medics on Strike Action Over Pay

Aug 09, 2022

The UK-based offshore trade union Unite said Monday that medics who work on Shell platforms would be balloted for strike action following the rejection of a real terms cut pay.Unite said it represented more than a dozen workers employed by United…

Shell Delays Prelude LNG Maintenance Due to Industrial Action

Aug 08, 2022

Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.'As a result…

Chris Weber Steps In as Valaris CFO

Aug 03, 2022

Offshore drilling contractor Valaris on Wednesday announced that Chris Weber has commenced his role as senior vice president and chief financial officer, having been appointed to the role in late May.Weber previously served as CFO of LUFKIN Industries…

Siemens Gamesa Weighs Around 2,500 Job Cuts

Aug 01, 2022

Wind turbine maker Siemens Gamesa is considering cutting around 2,500 jobs, or about 9% of its total, to recover from losses that have prompted its main shareholder to launch a takeover, two people familiar with the matter told Reuters.The cuts would reduce a workforce of some 27…

Shell to Stop Paying Prelude LNG Workers from Monday as Industrial Action Extended

Jul 20, 2022

Shell Plc on Wednesday told workers at its Prelude floating liquefied natural gas (FLNG) facility it would stop paying them as of Monday after they extended industrial action for two more weeks over a long-running wage dispute.Shell last week began shutting down the 3…

Libya's New Govt-named NOC Chief Says No Change to Company Status

Jul 19, 2022

Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.'I am aware…

Petronas says Taking Steps to Protect Global Assets after Seizure of Luxembourg Units

Jul 18, 2022

Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries were served with a seizure notice last week over a dispute with the heirs of a late sultan…

Ex-BP Upstream Head to Become APA Chairman

Jul 15, 2022

Oil and gas company APA Corporation has elected Lamar McKay as the next chairman of the board. McKay's election follows the announcement by current chairman John E. Lowe of his decision to retire. Following a transition period, the change will be effective Sept…

Shell Wants to Share More of its Blockbuster Profits with Shareholders, CEO says

Jul 14, 2022

Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy, the chief executive said on Thursday…

Wartsila to Slash Up to 450 Jobs in Italy

Jul 14, 2022

Wartsila  will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland…

Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired

Jul 14, 2022

The head of Libya's National Oil Corp (NOC) on Wednesday rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.In a furious televised speech, Mustafa Sanalla said…

North Sea Transition Authority Names New CEO

Jul 13, 2022

UK-based North Sea Transition Authority (NSTA), a government body responsible for regulating and influencing the oil, gas, and carbon storage industries, appointed Stuart Payne as its new Chief Executive.Payne, who currently serves as NSTA Supply Chain…

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