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Moody's: Mexico Gov't Ongoing Support for Pemex is a Challenge

Apr 01, 2022

Mexico's ongoing support for state oil company Petroleos Mexicanos (Pemex) remains a challenge to government finances and the sovereign credit rating, Moody's said on Thursday.Moody's, which gave Mexico a 'Baa1' rating with a negative outlook…

Wilkie Rejoins Westwood's RigLogix Team

Mar 31, 2022

Westwood Global Energy Group (Westwood), an energy market research and consultancy firm, has appointed Teresa Wilkie to its RigLogix team as Research Director.The appointment marks Wilkie's return to Westwood after almost two years, which she spent with Bassoe Offshore / Esgian…

Brazil: Bolsonaro Ousts Second Straight Petrobras CEO. Taps Energy Consultant as Successor

Mar 31, 2022

Brazilian President Jair Bolsonaro has tapped a well-known academic and energy consultant as the next head of state-run oil company Petrobras, effectively ending the tenure of current CEO Joaquim Silva e Luna less than a year after he was appointed…

Offshore Wind Installation Firm Cadeler Names TORM's Hansen Its New CFO

Mar 31, 2022

Offshore wind turbine installation services company Cadeler has appointed Peter Brogaard Hansen as its next Chief Financial Officer (CFO). He will assume his position starting from June 1, 2022.Peter Brogaard Hansen is currently Vice President…

Norway Labor Unions Threaten Strike of 28,500 Workers from April 1

Mar 28, 2022

About 28,500 workers at Norwegian shipyards, oil industry fabrication plants, and other manufacturers will go on strike from April 1, unless labor unions and employers reach a new wage deal, a state-appointed mediator said on Monday.Firms that…

Kevin Sligh Becomes Director at U.S. Bureau of Safety and Environmental Enforcement

Mar 25, 2022

Kevin M. Sligh Sr. will join the Department of the Interior as the new Director of the Bureau of Safety and Environmental Enforcement (BSEE), the lead federal agency charged with improving safety and ensuring environmental protection related…

Diamond Offshore Set to Relist on NYSE

Mar 25, 2022

Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…

FAR Ltd. Boss Norman Gets Notice of Termination after 10 Years in Position

Mar 24, 2022

Australian oil and gas company FAR Limited said Thursday it had given notice of termination to Managing Director Catherine Norman. She has also resigned as a director of the company.Norman, a professional geophysicist with over 30 years’ experience…

Siemens Gamesa's New CEO Eickholt Ratified as Executive Director

Mar 24, 2022

Offshore wind turbine maker Siemens Gamesa Renewable Energy on Thursday announced the ratification of the recent appointment of the CEO, Jochen Eickholt, as an executive director.  Eickholt took over from Andreas Nauen as CEO on March 1.The…

UK Sanctions Gazprombank, Alfa Bank and Sovcomflot

Mar 24, 2022

Britain froze the assets of Russia's Gazprombank and Alfa Bank, and the state-run shipping firm Sovcomflot FLOT.MM, in its latest round of sanctions announced on Thursday.They were among 59 individuals and entities added to the sanctions list…

ORE Catapult Appoints Jane Stewart as Non-Exec Director

Mar 23, 2022

Offshore Renewable Energy (ORE) Catapult, the UK-based research, and innovation center for offshore wind, wave, and tidal energy, has appointed Jane Stewart as a Non-Executive Director.'A Chartered Accountant with a background in private equity…

Baker Hughes to Buy Well Intervention Firm Altus Intervention

Mar 22, 2022

Oilfield services giant Baker Hughes has agreed to acquire Norway-based well intervention specialist Altus Intervention.The company said the acquisition of the well intervention services and down-hole oil & gas technology company, complemented…

Equinor's EVP Technology, Digital & Innovation Resigns. Joins Dril-Quip Board

Mar 22, 2022

U.S. offshore energy industry equipment maker Dril-Quip has appointed Carri Lockhart to its Board. She most recently served as Equinor's Executive Vice President for Technology, Digital & Innovation (TDI), with responsibility for enabling Equinor’s energy transition…

Aker Solutions Appoints SVP for Sustainability

Mar 21, 2022

Norwegian offshore energy services firm Aker Solutions has appointed Trine Svalestad to the new position of senior vice president for sustainability. The company, for years mostly referred to as 'oilfield services company,' said Monday it 'sees…

Putin Ally Timchenko Resigns from Novatek Board

Mar 21, 2022

Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…

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