China's government has appointed a senior oil industry executive as the country's top energy official, state-run media China Energy News reported on Wednesday.Zhang Jianhua, president of China's largest oil and gas group CNPC, has been named director of the National Energy Administration…
Remotely operated vehicle (ROV) services provider ROVOP said it has expanded in the Middle East, opening a new base in the region.Two senior staff members, operations director Doug Middleton and business development consultant Michael O’Donnell…
General Electric Co is selling a portion of its stake in oilfield services provider Baker Hughes, the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.GE, which bought Baker Hughes in July 2017, has…
Halliburton Company said that Lance Loeffler, previously vice president of Investor Relations, has been promoted to Chief Financial Officer.Loeffler will lead the company’s financial functions, including financial planning and analysis, accounting and financial reporting…
Norwegian offshore consultancy Ridge has appointed Ole Jacob Sandal as subsurface manager, effective November 1, 2018.Sandal possesses extensive international and North Sea experience gained over 20 years in the oil and gas business, with roles ranging from exploration…
Norwegian offshore shipping company GC Rieber Shipping announced acting chief executive officer Einar Ytredal has appointed to the CEO role on a permanent basis. At the same time, Øystein Kvåle was named new chief financial officer (CFO) and…
Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will 'certainly' happen when the conditions are right.Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp…
Offshore access solutions provider Ampelmann has opened an office in Dubai, its second in the Middle East, in a move aimed at further expansion in the region.The new office will be manned by Tim Mulders as Business Developer, who will serve…
The HR, competence and training specialist Mintra Group said it has acquired Aberdeen headquartered learning technology services firm Atlas Knowledge.The move will bring both Aberdeen operations together to offer learning and competency systems and services to customers in the oil and gas…
Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closed the transaction of acquiring 100% of equity stake held by D.E. Shaw group in Deepwater Wind…
Michael Behrens has been named chief commercial officer of subsea technology provider MacArtney Underwater Technology from November 1, based at the company's headquarters in Esbjerg, Denmark.Behrens joins MacArtney from the largest steel and technical sales company in Denmark…
London-based E&P company Panoro Energy said its Norwegian subsidiary Panoro Tunisia Production has reached an agreement with OMV Exploration & Production GmbH to acquire 100 percent of the shares of OMV Tunisia Upstream GmbH.According to the Oslo-listed company…
Denmark-based drilling rig operator Maersk Drilling and oil and gas company Wintershall Noordzee B.V. have extended their previous cooperation in a new agreement which gives Maersk Drilling the status of preferred contractor to Wintershall Noordzee B…
Brazil's right-wing President-elect Jair Bolsonaro said on Wednesday that the chief executive of state-controlled oil company Petroleo Brasileiro SA, Ivan Monteiro, is not expected to stay on during the new administration.Speaking to reporters…
The US-based oil and natural gas acquisition, exploitation and exploration company W&T Offshore announced certain executive management changes within the Company, effective immediately.The Company announced the appointment of Janet Yang to Executive Vice President and Chief Financial Officer…
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