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Thursday, December 14, 2017

Oil News

Nigel Hopkins (Photo: Harris Pye)

Hopkins Named Managing Director at Harris Pye UK

;s retiring Managing Director at the Harris Pye UK headquarters in Llandow, South Wales before officially taking over from Dave Hayden on October  1, 2017.   Nigel Hopkins started his engineering career in the merchant navy spending 13 years sailing on a variety of vessels including oil tankers, gas tankers and cruise ships working for companies including BP, Mobil, and Cunard Line eventually qualifying and sailing as Chief Engineer, something to which other senior Harris Pye team members can also lay claim.   He then made a career move into the offshore oil and gas industry

Steven Thrasher (Photo: Ashtead)

Ashtead Bolsters US Team

head up Ashtead’s US operation as it gears up for further growth in the Gulf of Mexico (GoM) and neighbouring markets.   Prior to joining Ashtead, Thrasher held a number of senior and technical positions at FTO Services, C-Innovation and Schilling Robotics.   He began his career in the oil and gas industry in 1998, when he joined Sonsub as a ROV technician where he eventually advanced to ROV Superintendent, delivering the mobilization and commissioning of several high-profile projects.   Thrasher has established a successful track record with key oil and gas operators and brings

O&G Sector Tarnishes Strong US Jobs Report

The U.S. oil and gas sector bled away more jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry.   A roughly 50 percent drop in oil prices since June has pummeled the U.S. oil sector, prompting a quick drop in activity. The number of oil rigs active in the United States has fallen 40 percent since October.   The mining sector of the workforce, which includes oil and gas workers, fell by 9,300 to 844,500 last month, according to the Labor Department's February payrolls report on Friday

Photo: Peter Sanders and Clarke Shepherd have taken on the respective roles of technical manager and global business development director at Oil Plus.

Oil Plus Announces Senior Management Appointments

Oil Plus Ltd, a specialist oil and gas consultancy, has boosted its senior management team as the company looks to strengthen and grow its position in the Middle East and globally.   Peter Sanders and Clarke Shepherd have taken on the respective roles of technical manager and global business development director at the firm that advises on global oilfield water management, production chemistry, microbiology, reservoir souring and process engineering.   Sanders, an oil and gas science veteran with over 30 years’ experience, and Shepherd, an experienced project controls and business

Luca Madeddu, Sound Oil's Italian Managing Director

Sound Oil Promotes Italy MD to its Board

  Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce that Luca Madeddu, Sound Oil's Italian Managing Director, has been appointed to the Board with immediate effect.   Luca has been with Sound Oil since 2012 and brings over 24 years of experience in the upstream oil and gas industry with ENI, the major integrated energy company.  Luca is a reservoir geologist by background and has extensive experience in hydrocarbon production, field development, petroleum engineering, supply chain management and reservoir engineering.  He has managed large

Eastern Libya Appoints New Chairman for its State Oil Firm

Libya's internationally recognised government has appointed Naji al-Maghrabi as chairman of its state oil firm NOC based in the east of the country, an oil official said on Saturday. The move is largely symbolic as oil production and the marketing of exports are controlled by the established state oil firm, also known as NOC, in Tripoli where a rival government is in charge. The official government has been based in the east since losing the capital to the rival administration a year ago. It has appointed a head for an oil firm NOC based in a separate headquarters in the east but oil customers

Carlos Arrietta (Photo: GAC)

GAC Names Arrieta O&G Director for S. America

GAC North America has signaled its strategic focus on the South American oil and gas sector with the appointment of Carlos Arrieta as Regional Commercial Director – Oil and Gas, responsible for developing its network of agents and general cargo throughout the region. Arrieta brings with him more than 40 years of industry experience to his new role. Prior to his latest appointment, he was Commercial Director, Oil and Gas for GAC North America – Logistics, after joining the Group in 2010 when it launched its oil and gas and logistics activities in the U.S. Lars Heisselberg, Group Vice

Brian Coyne (Photo: KPI Bridge Oil)

KPI Bridge Oil Names Coyne Managing Director

Global broker and trader in marine bunkers, marine lubricants and risk management products KPI Bridge Oil has promoted Brian Coyne to managing director at its New York office.    Coyne recently completed his MBA at New York University and has been with KPI Bridge Oil for more than 10 years. He has a broad knowledge of the bunkering industry as well as shipping as a whole, having sailed and worked ashore for an oil major prior to joining KPI Bridge Oil, the company said.  

US Oilfield Jobs Cull Gains Pace, More Pain Ahead

When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long.   "I knew it was coming," he said. "I wasn't the first to be let go."   The 27-year-old Houston native is among thousands of workers caught in an accelerating cull of oil field jobs across the once booming U.S. oil industry. Sandlin has since found other off-field work, but his hours and pay have been cut in half and it was not clear how long it would last.   Interviews with more than a dozen oil workers and job recruiters

Nigeria Energy Sector Closing the Gender Gap

Nigeria’s booming oil industry encourages growing number of female leaders; provides foundation to close gender gap As Nigeria's oil and gas industry flourishes, businesswomen across the country are finding greater opportunities to carve out their place in this male-dominated field. Since 2010, federal initiatives, such as the Nigerian Oil and Gas Industry Content Development Act, have paved the way for Nigeria's energy industry to shift ownership from international oil companies to domestic investors. Organizations, such as the Society of Petroleum Engineers Nigeria Council, are working

Norway Oil Engineers May Walk off Job next Week

About 100 workers from oil services firms could walk off the job from July 5 if wage talks fail, the head of Norway's biggest oil sector union said on Friday, a move that would not have an immediate impact on oil output. However were such a strike to last for several weeks or longer, or if more workers were to join the action at a later stage, it could potentially affect production and even lead to shutdowns. Several rounds of wage talks between energy firms and unions have taken place in Norway in recent weeks, with none of them resulting in industrial action after all sides accepted the

New Skills Resource for the O&G Industry

A new resource developed to help people source accurate information about the UK oil and gas sector has been unveiled in Aberdeen. HM Government’s Industrial Strategy, launched in 2013 to deliver long-term plans to secure jobs and growth in the UK’s key economic sectors, highlighted the need for one centralized online portal to provide a more proactive and co-ordinated approach to providing relevant information on oil and gas skills. Following 12 months of research and development, the Oil & Gas Skills Navigator was unveiled for the first time Tuesday, November 11 at a business

Oil Heads for Third Straight Weekly Loss

Brent set for third yearly loss for first time; WTI-Brent spread recovers from 11-month low. Oil fell on Friday as bearish sentiment driven by oversupply rattled the market and was set to lead prices to a third straight weekly drop, the longest losing streak in four months. Global benchmark Brent crude traded down 24 cents at $36.82 a barrel at 1133 GMT. U.S. crude futures fell to a near seven-year low of $34.41 a barrel but later recovered to $34.51, down 44 cents on Thursday's close. The global supply glut that brought prices close to 11-year lows this week means Brent will post losses for

Photo: Statoil

Norway's Oil Wage Talks to Start June 30 in Bid to Avert Strike

Norwegian oil firms and their employees will begin a final round of wage negotiations on June 30 in a bid to avoid a strike that would limit the output of oil and gas from western Europe's top producer, the Industri Energi labour union said on Wednesday.   The deadline for reaching a compromise has been set to July 1, Industri Energi leader Leif Sande said. If no deal is struck, shutdowns could begin the following day.   In 2012, a 16-day strike among some of Norway's oil workers cut the country's output of crude by about 13 percent and its natural gas production by about four percent.

Photo: BP

BP Hires Head of US Shale Unit before Spin-off

Oil major BP has appointed a chief executive to look after its U.S. onshore oil and gas assets, months ahead of its plan to spin off the business to boost the profitability of its shale gas portfolio in the country. SandRidge Energy Inc's former Chief Operating Officer David Lawler will 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

BP workers in Iraq (Photo courtesy of BP)

Oil Majors Cut Staff in Iraq on Violence Fears

Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security. Iraqi officials say the southern regions that produce some 90 percent of the country's oil are completely safe from the Islamic State of Iraq and the Levant (ISIL), which has seized much of the north in a week as Baghdad's forces there collapsed. The government says 100,000 police dedicated to protecting oil facilities are on high alert and well armed. But oil firms are

David Doig (Photo: OPITO)

Oil & Gas Skills Body Invests in Eastern Mediterranean

OPITO is to play a major role in helping Cyprus to become a regional centre of technical excellence for oil and gas in the Eastern Mediterranean. Following discussions with senior Cypriot government officials, the global oil and gas skills body has invested in a new office in Cyprus which opens its doors today (22 April 2015) in the presence of the British High Commissioner for Cyprus, Mr D R Todd. The Eastern Mediterranean is considered a new energy frontier with an estimated 122 trillion cubic feet of gas in the area. With additional exploration on the horizon and neighbouring countries such as

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