Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…
Offshore wind developer Ørsted has appointed Madeline “Maddy” Urbish as Head of Government Affairs and Policy for New Jersey, a state which has set a goal of 7,500 MW of offshore wind energy by 2035.Ørsted said Urbish would be responsible for…
Royal Dutch Shell Chief Executive Ben van Beurden's pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits.Van Beurden,…
Oil giant Shell has announced the appointment of Sir Andrew Mackenzie as the new company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021.Mackenzie, a former BHP Billiton CEO, will succeed…
Norwegian offshore energy services company Aker Solutions has appointed Marianne Hagen has been appointed executive vice president for sustainability and communications in a push to expand its work on sustainability.'Last year, Aker Solutions…
Brazil's state-run oil firm Petrobras said on Wednesday that the government has nominated a further two individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.This comes after Petroleo Brasileiro SA…
Chevron Corp on Tuesday reaffirmed its lower spending plans, doubled the targeted savings from its Noble Energy deal, and unveiled new carbon intensity reduction goals, hoping to woo investors seeking higher returns and lower environmental impact…
Norwegian seismic company TGS, which provides seismic data to oil and gas exploration companies, on Friday said it had implemented organizational changes to support its strategic plan announced in February, which included an establishment of…
Brazil's state-run oil firm Petrobras said on Monday that the government had nominated six individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.Five have been nominated…
Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships…
The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message…
A fifth board member at Brazil's Petrobras will step down, the company said as of Wednesday, and the state-run oil producer's shares tumbled more than 3% as management turmoil showed no signs of abating.A day earlier, four other board members stepped down at Petroleo Brasileiro SA…
Four board members at Brazil's Petrobras will step down at the end of their terms, the company said on Tuesday night, another sign of turmoil at the helm of the state-run oil producer.Petroleo Brasileiro SA, as the company is formally known…
Oil firm BP said Wednesday that Peter Mather, BP’s UK head of country and senior vice president for Europe, would leave the company at the end of the year. Louise Kingham OBE will succeed Mather.Mather has been UK head of country and regional…
A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq.Paul Bond…