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Tuesday, October 17, 2017

Oil News

Harald Grob (Photo: OceanWorks)

Grob Rejoins OceanWorks as Technical Director

OceanWorks International has welcomed back Harald Grob as Technical Director.   Having spent almost half of his 30-plus years of experience with OceanWorks, Grob rejoins the company to lead the technical staff and providing innovative solutions to OceanWorks customers in all markets.   During his previous time with OceanWorks Grob played a key role in the development of the U.S. Navy Pressurized Rescue Module System (PRMS) as well as numerous other subsea projects for OceanWorks’ scientific, and oil and gas clients.

Shell Nabs Sinochem Crude Trader for Singapore Desk

Royal Dutch Shell has hired a former manager in Sinochem's London office to help bolster its crude oil trading into the Chinese market, sources told Reuters. Zheng Qingpu, who worked as the deputy general manager for Sinochem in London, has joined the Shell crude oil trading desk in Singapore, the sources said. Major trading houses and independent oil firms are chasing qualified and well-connected staff for their Asia trading desks, spurred on by the opening up of China's oil imports to include independent refineries. Shell declined to comment on staff moves. Qingpu, who managed West African

Gretchen Watkins (Photo: Maersk Oil)

Maersk Oil CEO to Step Down after Total Takeover

The chief executive of Maersk Oil, Gretchen Watkins, will leave the company when Total's acquisition of the company has been completed, Maersk said Wednesday.   Watkins joined Maersk Oil as Chief Operating Officer in January 2014 and took the role of CEO in October last year. Prior to joining Maersk Oil, she had worked at Marathon Oil and BP.   Total agreed last month to buy the oil and gas business of A.P. Moller-Maersk for $7.45 billion, strengthening the French major's operations in the North Sea.   The current COO at Maersk Oil, Martin Rune Pedersen, will become vice president

Liv Hovem (Photo: DNV GL)

Hovem Named CEO of DNV GL Oil & Gas

Liv Hovem will step in as CEO of DNV GL’s Oil & Gas business area from January 1, 2018. She will be based at the DNV GL – Oil & Gas headquarters in Høvik, Norway as a member of the DNV GL Group's Executive Committee reporting to Group President and CEO Remi Eriksen. Hovem succeeds Elisabeth Tørstad, who has been appointed CEO of DNV GL’s new Digital Solutions business area.    Hovem has been with DNV GL since 1988, most recently as Regional Manager for Continental Europe, the Middle East and India in DNV GL’s Oil & Gas business. She has

Keppel Wins SBM FPSO Conversion Deal

work scope includes refurbishment and life extension works, such as the upgrading of living quarters, fabrication and installation of spread mooring systems, as well as the installation and integration of topside modules. The converted FPSO will have a storage capacity of 1.6 million barrels of crude oil and is capable of producing up to 120,000 barrels of oil per day. The vessel will have a gas treatment capacity of circa 170 million standard cubic feet per day and a water injection capacity of circa 200,000 barrels of water per day

Frank Ketelaars (Photo: DNV GL)

Ketelaars Takes the Lead for DNV GL - Oil & Gas in the Americas

Frank Ketelaars took up the position of Director of Region Americas in DNV GL – Oil & Gas on 1 October, as North America’s energy system undergoes a transition.   DNV GL’s recently published Energy Transition Outlook shows significant shifts in US federal energy and climate change policies. Commenting on his appointment, Ketelaars said: "DNV GL has delivered some of the oil and gas industry's most progressive and technically complex projects across the Group's regions.”    Reducing dependence on imports is a key driver for the energy transition in

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

Matt Corbin (Photo: Sparrows)

Corbin Joins Sparrows Group as European Director

Sparrows Group has appointed Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors.   Corbin, who has more than 20 years’ experience working in the oil and gas industry, has held several leadership positions including UK managing director for the subsea division of Aker Solutions and UK regional general manger for GE Oil & Gas.  Most recently, he was supply chain consultant to the UK Government’s regulatory body, the Oil and Gas Authority (OGA) and

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

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