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FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

White House Names Beaudreau as Deputy Interior Secretary

Apr 14, 2021

The White House on Wednesday nominated attorney Tommy Beaudreau, who oversaw energy development programs at the Interior department during the Obama administration, as the agency’s second in command.Beaudreau will return as deputy to Secretary…

Ex-Bibby Offshore Man Takes Helm of Decom North Sea

Apr 14, 2021

Decom North Sea (DNS), a UK-based body dedicated to the oil and gas decommissioning sector, has announced the appointment of Fraser Moonie, former COO of Bibby Offshore, as Chief Executive Officer.  'Well-known across the international marketplace…

FutureOn Appoints CFO, Head of People

Apr 13, 2021

FutureOn, a software company specializing in the provision of digital oilfield solutions, has made two key senior appointments as part of the company’s strategic growth plans.Katherine Taylor-Jones brings significant experience and knowledge…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Kosmos Energy Exploration Head Moves to Apache

Apr 13, 2021

Oil and gas company Apache has appointed Tracey K. Henderson as its Senior Vice President, Exploration. Henderson joins the company from Kosmos Energy, where she served as Chief Exploration Officer. 'While at Kosmos, she contributed to the discovery of the Jubilee Field offshore Ghana…

Petrobras Shareholders Pave Way for New CEO

Apr 13, 2021

Shareholders in Brazil's Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process…

At Brazil's Petrobras, a 'Spartan' Military Man Takes the Reins

Apr 12, 2021

For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected - and unwelcome.President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA…

Vaalco Energy Names New CEO

Apr 12, 2021

Africa-focused oil company Vaalco Energy has named George Maxwell as Chief Executive Officer effective April 12, 2021. Cary Bounds who has served as Chief Executive Officer since 2016 will leave Vaalco to pursue other interests.Maxwell, who…

Ocean Energy Europe Names Co-Presidents, Directors

Apr 09, 2021

Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…

Shell's Tech Pro Joins Management of Offshore Digital Twin Firm Akselos

Apr 07, 2021

Akselos, a company developing real-time digital twins for offshore energy industry applications, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success.Van Haersma Buma joins Akselos after a 12-year career with Shell as a commercial technologist…

Halliburton CEO Earned $10 Million More in 2020, Despite Pledge to Cut Pay

Apr 06, 2021

The top executive for oilfield services firm Halliburton Co earned roughly $10 million more in 2020 than the prior year, despite company pledges to reduce executive pay as the coronavirus pandemic crushed the oil industry, according to a regulatory document filed on Tuesday…

New Manager of ASCO's Lifting Branch Eyes North Sea Growth

Apr 06, 2021

Integrated logistics and materials management company, ASCO, has appointed Craig Revie as General Manager of its specialist lifting division, NSL.Revie first joined ASCO in 2018 as head of Marine Services, Craig led initiatives in vessel monitoring…

Shipbuilding: ASRY Receives ASME Accreditation

Apr 05, 2021

The New Construction & Engineering Department of ASRY received ASME Accreditation which allows ASRY to manufacture and repair Coded Pressure Vessels.ASRY attained this accreditation after an extensive review of the company's Quality Assurance Systems…

Fugro to Sell Seabed Geosolutions to PXGEO

Mar 30, 2021

Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed in mid-2021…

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