Norway Oil Workers Agree Wage Deal, Avert Strike
barrels of oil equivalent per day, almost equally divided between oil and natural gas.The Nordic country became Europe's largest gas supplier after Russia cut its deliveries amid the war in Ukraine.The wage agreements cover in total about 7300 union members, employed by such companies as Equinor, ConocoPhillips and Aker BP.(Reuters - Reporting by Nerijus Adomaitis, editing by Terje Solsvik
Ex-Bibby Offshore Man Takes Helm of Decom North Sea
growing the company into one of the global subsea industry’s key players," Decom North Sea said:"His decommissioning-specific experience includes some of the sector’s highest profile campaigns; from [..] Phillips Maureen platform re-float project in 2001 through to 2015’s ConocoPhillips MacCulloch and 2017’s CNR Murchison, with international experience in the Gulf of Mexico decommissioning for Shell Pipeline (Shell Oil US) in the same year," DNS added.Moonie said: "I join Decom North Sea at what continues to be an extraordinary time for society and a challenging
Lime Rock CEO Joins ConocoPhillips' Board
U.S. oil and gas company ConocoPhillips has appointed Eric Mullins to serve as a board member.Mullins has spent his career in finance, most recently founding Lime Rock Resources in 2005, a private equity fund focused on acquiring and developing low-risk oil and gas properties, where he currently serves as co-chief executive officer. Prior to starting Lime Rock Resources, Mullins served as managing director at Goldman Sachs from 1999 to 2004, vice president from 1994 to 1999, and an associate from 1990 to 1994. Mullins will serve on the Public Policy Committee of the ConocoPhillips board.Ryan
ConocoPhillips CFO Retires After 39 Years with the Company
U.S. oil company ConocoPhillips on Wednesday announced the retirement of Don E. Wallette, Jr. as executive vice president and chief financial officer after a 39-year career with the company. Wallette’s retirement is effective on Aug. 31, 2020.William (Bill) L. Bullock, Jr., currently president, Asia Pacific Middle East, will assume the role of executive vice president and chief financial officer on Sept. 1, 2020. Bullock has more than 34 years of experience in leading engineering, operations, commercial and business development functions across the company. Bullock has a bachelor’s
Decom North Sea Names Warrender as Chief Executive
includes significant leadership experience in the strategic development of complex decommissioning programs in the North Sea.Most recently an independent advisor to the industry, applying his specific expertise in corporate governance and performance improvement, Warrender spent over 20 years with ConocoPhillips in a range of technical and leadership positions, latterly as General Manager, Upstream Gas Assets in the UKCS, before joining the Board of Repsol Sinopec as MD for Sinopec’s UK subsidiary during a critical transformative phase for that company. He also served on the OGA Regional Development
Andersen Joins Pipetech
Pipetech strengthened its senior management team with the appointment of Frank Andersen as general manager Scandinavia. Andersen, who brings more than 10 years oil and gas experience to Pipetech, will be based at the firm’s Stavanger hub. He joins the company from GS-Hydro Norge AS where he most recently held the role of business development manager and key account manager. Previous to this, Andersen worked in various sales and management positions at three different IKM companies.
Hopkins Named Managing Director at Harris Pye UK
senior Harris Pye team members can also lay claim. He then made a career move into the offshore oil and gas industry where he spent the following 20 years and was involved with new builds, conversions and upgrade projects of both floating and fixed platforms for global companies including ConocoPhillips, Bluewater Energy and BW Offshore. He was primarily involved with the commissioning and start-up phases. Based in the Far East for the past 15 years, since 2007 he was Technical Director at offshore oil and gas project management and completions specialised company, Tecnomar & Associates
Horizon Marine Announces Personnel Changes
the Horizon Marine team as a Business Development Specialist. Ambrosi’s 10 years in the oil and gas industry has focused on supporting and coordinating Emergency Response efforts for deepwater Gulf of Mexico exploration and production. His experience is from both the operator-side working for ConocoPhillips and Nexen, and the supplier-side as a Senior Project Manager with O’Briens Response Management. His insight into the Incident Management System will allow for the development of unique solutions for the Emergency Response community. Ambrosi has a Master’s of degree in Marine Resources
New CEO at GulfNav Leads Expansion Plans
led the organization through its restructuring during a global financial crisis. An oil and gas industry veteran, Buamim was the Chairman and Chief Executive Officer of Regional Clean Sea Organization (RECSO), the Gulf oil industry organization. Prior to joining RECSO, he was with Conoco and ConocoPhillips for 26 years in various management positions, including Vice President of Dubai Petroleum Company (DPC), a ConocoPhillips affiliate company in the UAE. “With his wealth of experience and knowledge in businesses turnarounds, he will be instrumental in seeing through the company
HMS Announces Management Hires
Marine, Martin was the Vice President and General Counsel for Delta Western and Hawaii Petroleum where he oversaw all aspects of safety, risk management and regulatory compliance for the fuel distribution companies. Prior to Delta Western, Martin served as the Director of U.S. Flag Shipping for ConocoPhillips and held previous positions with Crowley Maritime Corporation, Exxon Shipping Company, and Olympic Tug & Barge (a subsidiary of Harley Marine Services). Martin brings a blend of hands-on marine experience including positions from Second Officer through Captain and commercial and legal experience
ConocoPhillips Has Cut 5% of Workforce, More to Come
ConocoPhillips, which is working to cut $1 billion in operating costs as low crude prices persist, has so far cut about 1,000 jobs, or 5 percent of its workforce and more cuts are to come, the company's chief financial officer said. The Houston company is going through a review of operations that "is going to result in more jobs cuts," CFO Jeff Sheets told Reuters. He declined to say how many positions will be eliminated. (Reporting by Anna Driver)
North Sea Job Losses Raise Skills and Safety Concerns
North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised. A plunge in crude prices over the last 12 months has prompted oil majors such as Royal Dutch Shell, BP , Chevron and ConocoPhillips to lay off hundreds of workers. Oil field services groups such as Amec Foster Wheeler , Wood Group and Petrofac are also in consultation with employees over job cuts. "We have seen a lot of panicking," said Alastair Cole, a director at Spencer Ogden, an energy recruitment
Alaska LNG Gets Conditional Approval to Export
, a gas treatment plant located on the North Slope and transmission lines to transport gas from Prudhoe Bay and Point Thomson to the gas treatment plant. The Alaska LNG project participants are the Alaska Gasline Development Corporation (AGDC) and affiliates of ExxonMobil, TransCanada, BP and ConocoPhillips.
Conoco to Cut 7% of Canadian Workforce
Oil company ConocoPhillips plans to cut about 7 percent of its workforce in Canada, or about 200 employees, as tumbling oil prices have made its operations in the country less profitable. The company, which operates conventional and oil sands operations in Canada, told Reuters on Wednesday the cuts came as oil prices continue to weaken after falling more than 60 percent since June. "The challenging economic environment has required us to make some difficult decisions," Andrea Urbanek, a spokeswoman for the company, said in an email. ConocoPhillips shares were up 4
Schlumberger Slashing 9,000 Jobs
related to jobs cuts and the writedown of some seismic vessels. "They did say they would be cutting jobs, but the magnitude of them is definitely a shocker," Philip Van Deusen, an analyst with Tigress Financial Partners LLC, told Reuters. A slew of global oil majors such as BP Plc and ConocoPhillips have cut jobs due to a nearly 60 percent slump in oil prices over the past six months. Brent crude closed at $47.67 on Thursday. "If oil prices stay at this level, none of these companies would just be able to adjust with one round of workforce reductions," Robin Shoemaker, analyst
BP Hires Head of US Shale Unit before Spin-off
take on the Houston-based role on Sept. 15. He will head the new business - called U.S. Lower 48 Onshore - which includes unconventional resources of around 7.6 billion barrels of oil equivalent across 20,000 wells. Lawler has decades of experience in the U.S. energy market after working at Shell, ConocoPhillips and Burlington Resources in a variety of roles ranging from drilling engineering to exploration and production business development. The U.S. unconventional oil and gas market is highly competitive and a number of other big oil companies, including rival European producers Shell and BG, have
