Offshore Engineer People News - page 2

 

OXY Restores Major Portion of CEO Pay as Oil Prices Rise

Feb 12, 2021

Occidental Petroleum Corp said on Thursday it had restored a major portion of its chief executive officer's base salary, nearly a year after its management and employees were to forced to take a pay cut to battle one of the industry's worst downturns…

Tullow Oil CEO: "We will be able to repay the debt"

Feb 10, 2021

Tullow Oil CEO Rahul Dhir said on Wednesday he expected talks with creditors, including bondholders, to end in the second quarter with a focus on matching maturities with expected cashflows.Tullow had a market capitalization of around $596 million on Wednesday and net debt of $2…

Aker BP Man to Take Over as OKEA CEO

Feb 09, 2021

Norwegian oil and gas company OKEA said Tuesday it has appointed Svein J. Liknes as new CEO of OKEA.OKEA said that Erik Haugane (68) the founder and current CEO of OKEA  has been in discussion with the Board about his succession 'for some time'…

Independent Oil and Gas Names New COO

Feb 08, 2021

Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…

USA: BOEM Names New Director

Feb 08, 2021

The U.S. offshore energy industry regulator Bureau of Ocean Energy Management (BOEM) on Friday announced Amanda Lefton would be its new Director.Lefton most recently served as First Assistant Secretary for Energy and the Environment for New York…

Equinor's Gürtner Named Co-Chair of OGUK Board

Feb 05, 2021

Arne Gürtner, Senior Vice President UK & Ireland Offshore at Equinor has been named Co-chair of OGUK board. OGUK is the representative body for the UK oil and gas industry.Announcing Gürtner's appointment, OGUK said he brings with him a wealth of industry experience…

Ex-Tendeka CTO Joins Well-SENSE as New CEO

Feb 05, 2021

Aberdeen-based downhole sensing technology company, Well-SENSE, has appointed Annabel Green as its new CEO.Well-SENSE said Green would help the company to accelerate its global business strategy and drive further adoption of its proven downhole sensing technology…

Kosmos Energy Raises CFO's Salary

Feb 04, 2021

Oil and gas company Kosmos Energy said Thursday it had raised its CFO's salary to align it with similarly situated executives in peer firms.Effective February 1, 2021, Neal D. Shah’s base salary was increased to $550,000 and the annual target…

Former Petronas CEO Joins ExxonMobil Board

Feb 02, 2021

ExxonMobil added a new director to its board after months of investor pressure and the top U.S. oil producer on Tuesday also posted its first annual loss as a public company due to the COVID-19 pandemic hammering energy prices.Tan Sri Wan Zulkiflee Wan Ariffin…

Maersk Supply Service Names New CFO

Feb 02, 2021

Michael Koefoed will take on the role of Chief Financial Officer (CFO) in the Danish offshore vessel operator Maersk Supply Service, effective March 15, 2021.Koefoed, currently Head of Funding and Markets in A.P. Møller-Maersk, will replace…

Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off

Feb 02, 2021

Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels…

Petrobras' Top Corruption Buster to Step Down

Feb 02, 2021

The chief compliance officer at Brazil's Petrobras is planning to step down in March, four people familiar with the matter told Reuters, in what would be the third exit by the state-owned oil firm's top corruption buster in three years.Petroleo Brasileiro SA…

RCG Bolsters Japan Team ahead of Country's Expected Offshore Wind Expansion

Jan 28, 2021

The Renewables Consulting Group (RCG), a sector specialist advisory firm, continues its expansion into Japan ahead of the country’s expected offshore wind industry growth. With this in mind, the company has this week appointed Hideto Seto as Associate Director…

Ex-TechnipFMC Director to Lead U.S. Dredging Giant's Foray into Offshore Wind

Jan 27, 2021

Great Lakes Dredge & Dock, a U.S.-based dredging services giant, on Wednesday announced the appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth area for the company. Beyko, who started on Jan…

Subsea Battery Developer EC-OG Names Chairman to Help it Grow

Jan 25, 2021

Aberdeen-based subsea battery developer EC-OG has appointed Bob MacDonald, a former Wood Group man - now Wood - as Chairman.MacDonald previously served as Chief Executive Officer of the Specialist Technology Solutions (STS) business for energy services specialist Wood…

Current News

Eni Officially Enters Giant Offshore Wind Project in UK

Eni Officially Enters Giant Offshore Wind Project in UK

Bumi Armada 4Q Profit Boosted by Armada Kraken FPSO Performance

Bumi Armada 4Q Profit Boosted by Armada Kraken FPSO Performance

C-Innovation Invests in Covid-19 Mitigation on its Offshore Construction Vessels

C-Innovation Invests in Covid-19 Mitigation on its Offshore Construction Vessels

Turkish Oil Spill Response Firm Acquires Saab Seaeye ROV

Turkish Oil Spill Response Firm Acquires  Saab Seaeye ROV

Subscribe for OE Digital E‑News

Offshore Engineer Magazine