Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
Wage negotiations between Norwegian oil service companies and the Safe labor union broke down on Thursday and will become subject to mandatory mediation later this year, union and industry officials said.Safe's 850 members are not permitted to strike at this point…
Offshore installation firm McDermott has appointed Neil Bruce, a former SNC-Lavalin CEO, to its Board of Directors.Bruce started his career in the North Sea basin with Brown and Root, delivering offshore projects for 10 years, then moved to…
U.S.-based Harvey Gulf Subsea Solutions said it has appointed LaDawn Lounsbury to its Business Development Team.Lounsbury brings to the position extensive subsea background and well-established client relationships, having previously held roles with Helix…
Halliburton Co posted its fourth-straight quarterly loss on Monday, as the world's second-largest oilfield services provider struggles with a plunge in demand and lower oil prices.Even though oil prices have recouped some of their losses from the historic lows of March and April…
Henrik Poulsen, CEO of offshore wind giant Ørsted, who recently announced his decision to step down after eight years with the firm, will join Denmark's maritime giant AP Moller Holding.The A.P. Moller Group comprises of A.P. Moller - Maersk…
Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.The company kicked off earnings from hard-hit U…
Energy data and intelligence company Westwood Global Energy Group (Westwood) has appointed David Linden to the newly-created role of Head of Energy Transition. Based in London, Linden joins from Wood Mackenzie, where he was a Director within the company’s energy transition consulting division…
Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…
Eni Chief Executive Claudio Descalzi should be acquitted of corruption in a legal case concerning the purchase of an oilfield in Nigeria since there is no evidence to support the charges, Descalzi's lawyer told a Milan court on Wednesday.Speaking in the court hearing…
Jack-up drilling rig contractor Borr Drilling has appointed Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from November 1, 2020.Previously, Bausch served as Executive Vice President and Chief Financial Officer of Weatherford…
Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…
Norwegian offshore drilling equipment provider Enhanced Drilling has appointed Kjetil Lunde as Chief Executive Officer.Enhanced Drilling said that Lunde had been a key member of the senior management team since 2016 as VP of Finance and Business Support…
Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after Eduardo Antonello stepped down, following a corruption investigation in Brazil…
Energy services giant Petrofac said Monday its CEO Ayman Asfari would retire as Group Chief Executive at the end of the year. Petrofac said Asfari would focus on his family, health, and charitable interests.Sami Iskander, former EVP Upstream Joint Ventures at Shell…
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