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Capricorn Energy Names Interim CFO

Feb 27, 2023

Capricorn Energy has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer, which will give a strategy update in April, said on Monday. Smith had stayed…

Worker Loses Arm in Incident on Offshore Drilling Rig

Feb 23, 2023

An investigation into a potentially fatal offshore rig incident in Norway in which a worker lost his arm after getting crushed by a heavy drag chain, has now been completed.The incident occurred on the Linus jack-up rig on November 10, 2022…

SSY Acquires Westshore, Enters Offshore Sector

Feb 23, 2023

Simpson Spence Young (SSY) agreed on the terms to acquire Norwegian Westshore Shipbrokers AS, part of SSY’s strategy to enter into the global offshore sector. Based in Kristiansand, Norway, Westshore was launched in 1987.“This acquisition marks…

Canada's Suncor Energy Names Kruger as CEO

Feb 21, 2023

Canada's Suncor Energy said on Tuesday that former Exxon Mobil executive Rich Kruger would take over as its chief executive officer, replacing interim boss Kris Smith. Kruger, a near 40-year veteran of Exxon Mobil Corp, served as CEO of Imperial Oil Ltd for six years before retiring in 2019…

Petrobras Names New CFO

Feb 20, 2023

Brazilian state-run oil company Petrobras said on Friday its Chief Executive Officer Jean Paul Prates has appointed Sergio Caetano Leite to be the company's chief financial officer. Reuters had previously reported that Leite, Prates' business partner…

BP Aims to Double Offshore Wind Team. Global Hiring Spree Set to Kick Off Soon

Feb 16, 2023

BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands its operations in the fast-growing sector around the world.The hiring process will begin in the coming weeks, as part of BP's ambition to…

James Fisher Names New Head of Energy Division

Feb 07, 2023

Offshore services firm James Fisher and Sons has appointed Neil Sims as its new Head of Energy. Sims will report to Chief Executive Officer, Jean Vernet, as part of the James Fisher executive team.Sims joins James Fisher from Expro, where he…

Ex-Anadarko President Joins TechnipFMC Board

Feb 03, 2023

Oilfield services firm TechnipFMC said earlier this week that it had appointed Robert G. Gwin, former President of Anadarko Petroleum Corporation, to its Board of Directors.Gwin was President of Anadarko Petroleum Corporation (“Anadarko”), one…

Curran Confirmed as Permanent CEO of Barryroe Offshore Energy. CFO Elected, Too

Feb 01, 2023

Ireland-based oil company Barryroe Offshore Energy has confirmed the appointment of Alan Curran as Chief Executive.  Curran has held the role of Interim Chief Executive since July 4, 2022.Also, the company, previously known as Providence Resources…

Exxon Banks Record $56B Profit in '22

Jan 31, 2023

Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are…

Petrobras 'Pre-salt' Geologist Tapped to Head E&P

Jan 30, 2023

The new Chief Executive of Brazil's Petrobras, Jean Paul Prates, has picked geologist Mario Carminatti to head the oil company's exploration and production division, people with knowledge of the information said on Friday.As the company's chief geologist…

Ex-Transocean, Maersk Drilling Director Joins Seadrill Board

Jan 25, 2023

Offshore drilling firm Seadrill has appointed Ana Zambelli as a new board director.Zambelli has more than 20 years of experience in the energy services sector in operational, commercial and finance roles. She served as Chief Commercial Officer at Maersk Drilling…

Eni CEO Descalzi Set for Record for Fourth Term

Jan 23, 2023

The chief executive of Italy's Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni's backing for an unprecedented fourth term at the top energy group, sources told Reuters.Another three years in office would make Descalzi…

ISS, Palliser Urge Shareholders to Remove Capricorn CEO and Six Board Directors

Jan 20, 2023

Capricorn shareholders should vote to remove its chief executive and six other directors from the board on Feb. 1, shareholder proxy adviser Institutional Shareholder Services (ISS) has recommended in a document seen by Reuters on Thursday. The…

As Harbour Energy Plans Job Cuts, OEUK Says Tax Hikes Make UK a Risky Place to Invest

Jan 19, 2023

Offshore Energies UK, a body representing the UK's offshore energy industry, has called for the government to help rebuild investment confidence following tax hikes that have forced the UK's biggest oil and gas producer in the North Sea, to start planning job cuts…

Current News

Brazilian Authorities Launch Probe Against Sembcorp Marine Unit

Brazilian Authorities Launch Probe Against Sembcorp Marine Unit

VIDEO: Hull of Giant Guyana-bound FPSO Enters Drydock in Singapore

VIDEO: Hull of Giant Guyana-bound FPSO Enters Drydock in Singapore

Denmark Invites Nord Stream Operator to Help Salvage Unidentified Object Near Baltic Sea Pipeline

Denmark Invites Nord Stream Operator to Help Salvage Unidentified Object Near Baltic Sea Pipeline

Sea Lion Offshore Project in Falkland Islands Could Finally Reach FID in 2024

Sea Lion Offshore Project in Falkland Islands Could Finally Reach FID in 2024

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