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Wood Group Raises Profit Outlook on Contract Wins; CFO to Retire

Aug 22, 2023

British oilfield services and engineering firm John Wood Group raised its expectations for annual adjusted core profit on Tuesday, betting on contract wins in its energy and materials business to sustain growth.Wood scored major contract wins…

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…

Workers Start Strike Vote at Chevron's LNG Facilities in Australia

Aug 18, 2023

Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…

Woodside, Unions Remain at Odds over Wages at Australia's Largest LNG Facility

Aug 16, 2023

Woodside Energy said 'positive progress' was being made on wage disputes at Australia's largest liquefied natural gas (LNG) facility even as a union alliance said key differences remained ahead of further talks next Wednesday.Woodside's North West Shelf…

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…

Development Director Named for 100 MW Floating Wind Farm in Scotland

Aug 15, 2023

Salamander, a floating offshore wind joint venture between Ørsted, Simply Blue Group, and Subsea7, looking to develop a 100 MW floating wind farm in Scotland, has appointed Hugh Yendole as development director.Yendole has more than 25 years of experience in the wind industry…

Hexicon Names Max Ek as Interim CFO

Aug 14, 2023

Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July. Ek has during the past 2 years worked at Hexicon as Head…

Australia regulator clears way for strike vote at Chevron's Wheatstone, Gorgon LNG Plants

Aug 11, 2023

Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon liquefied natural gas (LNG) facilities if workers vote in favor of such a step, fuelling concerns the country's exports could be cut.The Fair Work…

Occidental Shakes up CFO Role, Appoints Sunil Mathew

Aug 10, 2023

Oil and gas producer Occidental Petroleum said on Wednesday it had appointed company veteran Sunil Mathew as its new chief financial officer, a new executive in a span of three years. Occidental overtime has been shuffling its finance head quite frequently and it has been a bit of a revolving door…

Chevron, Woodside in Talks to Avert Strikes in Australia

Aug 10, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert threatened strikes at gas facilities that together supply about 10% of the global LNG market.Concerns over potential industrial action at three Australian LNG operations - North West Shelf…

Irina Krylova Takes the Helm: SPE Aberdeen Welcomes New Chair for 2023/24

Aug 09, 2023

The Society of Petroleum Engineers (SPE) has announced Irina Krylova as the 2023/24 Chair of the SPE Aberdeen Section.'A business owner, entrepreneur and engineering consultant in contract performance management, Irina has over 20 years’ international experience in the oil and gas industry…

Beach Energy Names Woods as CEO, as Engelbrecht Ends Tenure

Aug 09, 2023

Australian oil and gas company Beach Energy has named Brett Woods as Managing Director and Chief Executive Officer to start on February 21, 2024, or such other date as mutually agreed. Morné Engelbrecht has today ended his tenure as CEO of Beach Energy…

Petrofac Offshore Workers in the UK Vote for Strike Action

Aug 08, 2023

The UK-based union Unite said Monday that offshore workers employed by Petrofac Facilities Management Limited had voted for strike action in disputes over jobs, pay, and conditions.Around 80 Unite members contracted to work on Ithaca Energy’s FPF1 platform…

Goldman Sachs' Jeff Currie, Who Predicted Commodities Supercycle, to Retire

Aug 07, 2023

Goldman Sachs' global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to a memo seen by Reuters. Currie is leaving after 27 years. His departure…

From Telford Offshore to KNOT Offshore: Derek Lowe Named New CEO and CFO

Aug 04, 2023

Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to…

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