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Plotting Russian Exit, Wintershall Dea Says Remaining Business is Strong

Sep 06, 2023

German oil and gas producer Wintershall Dea on Wednesday tried to assuage fears that the hit from its planned Russian exit could be too painful, saying its remaining operations were strong and stable. Chief Executive Mario Mehren told Reuters that the company considered its Germany…

BP's Looney Holding His Nerve over Energy Transition Plan

Sep 05, 2023

BP CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output…

Petrofac's Kittiwake Platform Workers to Vote on Strike Action

Sep 05, 2023

UK-based union Unite said Monday that offshore workers employed by Petrofac Facilities Management Limited on the Kittiwake platform would be balloted on strike action.'Around 30 Unite members on the EnQuest-owned asset will take part in the ballot…

Former Lundin Energy Head Takes the Helm as CEO of Vår Energi

Sep 05, 2023

Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration…

Offshore Alliance, Legeneering Agree on Decommissioning Rates for Workers

Sep 04, 2023

The Offshore Alliance and Australia's Legeneering reached an agreement on the decommissioning rates for the Thevenard offshore decommissioning workscopes, the union alliance said on Friday. Under the agreement, Legeneering will see members lock…

Well-Safe Solutions Introduces New Project Resourcing Group

Aug 29, 2023

International well plug and abandonment specialists Well-Safe Solutions have announced Well-Safe Resources; a new business function focusing on deploying well engineering and project management talent worldwide.The newly-formed Well-Safe Resources service offering will be headed by Steve Combe…

Connecticut Oil Trader Hit Again in Petrobras Bribery Case

Aug 29, 2023

A Connecticut oil and gas trader already charged for his alleged role in a bribery scheme to win business from Brazil's state-owned Petrobras oil company was hit with additional charges on Tuesday, the Justice Department said.Gary Oztemel, of Riverside…

Chevron's Union Fight Escalates in Australia

Aug 29, 2023

Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.Chevron's Gorgon and Wheatstone projects account for more than 5% of global LNG capacity…

Shell Announces Executive Committee Change

Aug 29, 2023

Ronan Cassidy, Shell plc’s Chief Human Resources and Corporate Officer, will step down with effect from December 31, 2023, and leave group service thereafter.Rachel Solway, currently Executive Vice President, Human Resources Organisation Development & Learning…

Australia Union Threatens Strikes at Chevron LNG Facilities

Aug 25, 2023

Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…

Vår Energi Appoints New CEO and COO

Aug 25, 2023

Vår Energi has changed its executive management team, with Nick Walker will be joining Vår Energi as CEO and current CEO, Torger Rød, is transfering to the new role as COO.Walker most recently held the position as CEO of European E&P independent…

Petrobras CEO: Oil Industry is not the Villain

Aug 24, 2023

Petrobras CEO Jean Paul Prates participated in the CEO Oil and Gas Governors Meeting in Geneva this week and highlighted that it is crucial to raise people's awareness of the essential contribution of oil to the economy.The event was coordinated by the World Economic Forum…

Woodside Says Constructively Addressed Several Worker Concerns

Aug 22, 2023

Woodside Energy has 'constructively addressed' several concerns of workers at Australia's largest LNG facility, its CEO said on Tuesday, a day before crucial talks with unions aimed at averting any industrial action that could disrupt global supplies of the super-chilled fuel…

WSG Energy Services Records Several FPSO Asia Pacific Project Wins

Aug 21, 2023

WSG Energy Services (WSGES) in Singapore has secured multiple contract wins on Floating Production Storage and Offloading (FPSO) vessel projects with a combined value in excess of at $10m.WSG was commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta…

Outcome of Chevron, Woodside, Australian Unions Talks May Take Days

Aug 15, 2023

Negotiations between Chevron, Woodside Energy Group, and Australian unions on Tuesday are unlikely to yield results for days because unions will need to consult members on any decision, according to a source with knowledge of the matter that was not authorized to speak to media…

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