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Friday, April 26, 2024

Bg Group News

Equinor CEO Eldar Saetre - Credit: Equinor

Report: Equinor Shortlists Four Candidates to Succeed CEO Eldar Saetre

to take over as CEO," Equinor's spokesman said.Opedal declined to comment. Bacher was not immediately reachable for comment. Reuters was not able to contact Rummelhoff and Reitan for comment.Saetre, 64, has led Equinor since 2014 when his predecessor Helge Lund left to take the top job at BG Group, now part of Royal Dutch Shell.Saetre reached the retirement age of 62 in 2018, but the company's board asked him to stay for up to five years.Saetre changed the majority state-owned company's name from Statoil to Equinor in 2018 and launched its transformation from an oil and gas firm into

Wael Sawan (Photo: Shell)

Shell Appoints Sawan as Upstream Boss

van Beurden said in a statement.Shell, the second largest publicly-traded oil company behind Exxon Mobil, produced nearly 3.6 million barrels per day of oil and gas equivalent in the third quarter of 2018.Shell transformed its upstream operations following the $54 billion acquisition of smaller rival BG Group in 2016 that gave it a leading position in Brazil's rapidly growing deepwater production.Since then Shell has sold many oil and gas assets in order to focus on the most competitive fields in areas such as the North Sea and the Gulf of Mexico.(Reporting by Ron Bousso; editing by Jason Neely and

Andrew Bonfield (Photo: Caterpillar Inc.)

Caterpillar Names Bonfield CFO

Bonfield's eight years at National Grid, he was CFO at British confectionary company Cadbury plc. From 2002 to 2008, he was executive vice president and CFO of Bristol-Myers Squibb Company, an American pharmaceutical company. Bonfield's other experience includes the role of finance director of BG Group plc and CFO of Smithkline Beecham plc. Since 2010, he has been a non-executive director and chair of the audit committee of British retailer, Kingfisher plc. Bonfield also chairs the 100 Group, which represents finance directors of the top 100 U.K. companies listed on the London Stock Exchange.

Helge Lund  Photo courtesy of BP

BP Names Former Statoil Boss Lund as Next Chairman

BP named Helge Lund, a former head of Norway's Statoil, as its next chairman on Thursday, as the British oil major looks to extend a period of rapid growth after recovering from a deadly oil spill in 2010.Lund, who also led BG Group during its acquisition by rival Royal Dutch Shell, will replace Carl-Henric Svanberg, chairman of BP for almost nine years, at the beginning of next year.The 55-year-old Lund steered Statoil through its transformation from a state oil company into a leading global player, and is likely to have to navigate BP through the succession of its veteran CEO Bob Dudley later

Chris Hearne (Photo: Dana Gas)

Dana Gas Announces New Senior Management

Africa for Sasol E&P International. Hill has 30 years of experience in the oil and gas industry across numerous geographies, including the MENA region, Africa, Latin America and the Far East. She has worked as Managing Director and Chairwoman of Shell Egypt, and Senior Vice President for Brazil with BG Group. She has previously served as a Non-Executive Board Director of Outokumpu, Europe’s largest steel company. Hill is a Petroleum Engineer and is a fluent Arabic speaker.   Separately, Duncan Maclean has been appointed to the position of Legal and Commercial Director of the company. 

LNG Ltd Appoints Chief Development & CTO

to his retirement from Chevron, six months as Commercial Advisor to the President of Chevron Global LNG Supply and Trading Group. Gelotti also held the position of VP, Commercial and LNG Supply with Shell North America LNG, as well as other LNG roles within large energy organizations including the BG Group in North America.   Chief Technical Officer: John Baguley In addition to his role as Chief Operating Officer for Magnolia LNG,  Baguley will assume the role of LNGL Chief Technical Officer. In this capacity, Baguley will have strategic responsibility for identifying technical opportunities

Anadarko Names Executive VP, Global LNG

position of Executive Vice President, Global LNG.   Ingram joins Anadarko's Executive Committee effective immediately, reporting to Anadarko Chairman, President and CEO Al Walker.   Ingram has 28 years of experience in the oil and natural gas industry. Since 2006, Ingram has been with BG Group, where he served as a member of the company's Executive Committee in the role of Executive Vice President – Technical. Previously, he held positions of increasing responsibilities with the company's LNG project in Queensland Australia, where he was most recently the Managing Director of QGC

Sir John Hood (Photo: BMT Group)

BMT Appoints New Chairman

and risk management consultancy BMT Group announced the appointment of Sir John Hood KNZM as Chairman of BMT Group Ltd. with effect from October 1, 2015, following the retirement of Dr. Neil Cross at the end of BMT’s financial year on September 30. Sir John Hood is a nonexecutive director of BG Group plc and WPP plc, chairman of Urenco Ltd (from which he will retire later this year), Matakina Ltd., and Study Group Ltd.; president and chief executive officer of the Robertson Foundation; and chair of the Rhodes Trust and Teach For All.  For five years, Sir John served as vice-chancellor of

Cairn Energy Appoints Two Directors

Ltd from 2004 until 2011, when Composite was divested to Dart Energy. Composite was a privately owned business which successfully took coal-bed methane from exploration to early production, acquiring coal-bed methane licences and establishing drilling operations in both the UK and Europe in a JV with BG Group.  Keith is currently a non-executive director and chairman of the audit committee of Rockhopper Exploration PLC, and a non-executive director of Papua Mining PLC and Rock Solid Images PLC. He is also a non-executive director and chairman of the audit committee of the UK Gas and Electricity

Lund to Start Earlier as BG Group Chief

  BG Group plc informed today that Helge Lund will join the Company as Chief Executive and an Executive Director with effect from February 9, 2015.  This is ahead of the previously announced start date of March 2, 2015. Lund’s start date has been brought forward following agreement last week from his former employer to release him from his contractual commitments. Andrew Gould, who has been serving as interim Executive Chairman of BG Group since April 2014, will return to his role as Non-Executive Chairman with effect from February 9, 2015.

Magnolia LNG Completes Management Team

support to the KBR‐SKE&C USA contractor joint venture efforts. He will also support the expansion of the LNGL OSMR® process application to subsequent projects. Mr. Wheeler is a UK Chartered Engineer with over 20 years oil and gas industry process experience including the last 12 years with the BG Group supporting LNG projects in the US, Canada and Australia. He holds a Bachelor’s degree in Biochemical and Chemical Engineering from University College of Swansea in Wales, UK. Mr. Maury Brandon Hudson has joined MLNG as Vice President, Operations and Maintenance; in this role he will be

Ithaca Gets New COO

Operations Officer, starting 5 January 2015. Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior management positions in the North Sea and internationally for Royal Dutch Shell plc and was previously Group Head of Operations for BG Group plc and, most recently, Technical & Production Director of Talisman Sinopec Energy UK Limited. In accordance with the Company’s Stock Option Plan, the Board of Directors has granted 750,000 share options to Mr Buchan at a price of C$1.06, which was the closing price on the Toronto Stock

Drillsearch Appoints Simpson COO

Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo. The most recent role in Mr Simpson’s 30-year career in oil and gas was with BG Group subsidiary QGC as Technical & Commercial Director, based in Brisbane. He has worked in a number of roles in the oil and gas industry worldwide for BG and other companies including Baker Hughes and BP. Drillsearch Chairman Mr Jim McKerlie said: “The Board commissioned a global search

Sir Frank Chapman Appointed Golar's Chairman

that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman.   Sir Frank Chapman has worked 40 years in the oil and gas industry culminating in a twelve-year period as Chief Executive of BG Group plc. Under Sir Frank's leadership, BG Group grew from the modest UK-based Exploration and Production interests of the old British Gas into an international integrated oil and gas major. Operating profits grew from some $50 million in 1996 to more than $8 billion in 2012. Sir Frank is currently

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