Maritime Jobs
Wednesday, July 15, 2020

Oil And Gas News

Tareq Kawash / Credit: McDermottt

McDermott Names Senior VP for EMEA Region

of our regions to form EMEA considering he grew up in the Middle East and has worked with our customers in both regions covering offshore and onshore segments."Kawash has nearly 30 years of experience in the engineering and construction industry with domestic and international assignments for oil and gas projects. Prior to McDermott's combination with CB&I in 2018, he was CB&I's Group Vice President, Engineering and Construction International. Prior to joining CB&I in 2000, he worked with KBR for two years and Consolidated Contractors Company for seven years.Kawash has a Bachelor

Image credit: marcin jucha/AdobeStock

Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

. Further detail about the scheme will be announced by the end of July," the UK government said.The objective of the scheme is to provide a financial incentive to employers to bring their furloughed staff back to work and keep themon over the coming months as an alternative to redundancy. Oil and Gas UK Welcomes the Plan, Calls for Long Term SupportThe UK’s offshore oil and gas industry's representative body Oil and Gas UK has welcomed the Chancellor’s announcement of support for employers, including the Job Retention Bonus and moves to support more traineeships and

Todd Carey (Photo: PCCI)

PCCI Hires Carey as Chief Engineer

, Calif. He will be responsible for providing engineering, design, installation and program/project management services to U.S. government and commercial clients in the ocean facility and offshore energy industries.Carey is a Mechanical Engineer with experience supporting U.S. Navy, and upstream oil and gas clients on the U.S. West Coast.  He has 18-years of experience in the analysis, design and installation of ship deployment systems, ocean facility installations, port security barriers, and submarine cable shore landings. He received a Bachelor of Science in Mechanical Engineering from California

Australia's Oil Search Slashes Workforce by 34%

Australia's Oil Search on Wednesday said it has reduced its total workforce by around 34% under its cost restructuring review to cushion the blow from subdued oil prices as a result of the coronavirus pandemic.The Papua New Guinea-focused oil and gas producer said full-time employees have currently been reduced to 1,222 from 1,649 in mid-March, with another 137 moving out by year-end.The firm expects production costs to be about $10.50/boe in 2020, compared to a previous cost guidance of US$11-12/boe, it said in a statement. (Reporting by Sameer Manekar in Bengaluru; Editing by Himani Sarkar)

Image for illustration; Credit: Hunting

Hunting Slashes 25% of Workforce

units in the second quarter, the company said on Monday.The manufacturer and services provider, which had 2,956 employees across its global operations at the end of last year, said it would cut 739 jobs by the end of the month.Hunting, which manufactures a wide range of tools and solutions used in oil and gas exploration, said it would close three distribution centres in North America and two manufacturing facilities in Oklahoma City and Texas."Our business is likely to continue to see volatile trading throughout Q3 2020, but the group's cost base has now been recalibrated to current market

NPD Director General Ingrid Sølvberg - Credit/NPD

Norwegian Petroleum Directorate Names New Senior Management Team

The Norwegian oil and gas regulator Norwegian Petroleum Directorate has appointed new senior management team."The six directors who will make up the Norwegian Petroleum Directorate’s senior management team along with Director General Ingrid Sølvberg have now been employed," NPD said Thursday.The positions were advertised at the end of April, and, according to Director-General Sølvberg there were a total of around 150 applicants for them.Sølvberg said there had been an intense period where "we have interviewed many good candidates.""We have recruited

Jessica Hutchison - Credit: deugro

deugro Names Hutchinson VP – Oil & Gas Logistics

years, Hutchison managed the global account development and contractual relationship with one of the world’s leading oilfield service companies while working at Panalpina. deugro did not say who the oilfield services firm was."[Hutchinson] excelled in this role and became recognized in the oil and gas logistics industry as a key global business developer. In addition, Jessica Hutchison has over 25 years of freight forwarding experience in sales and management roles with Jarvis International Freight, American Cargo Express, and Eagle USA," deugro said.Over the course of her career to date

Jim House, Neptune Energy CEO - Credit: Neptune Energy

Neptune Energy Plans to Let 400 Office Workers Go

Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices."We anticipate approximately 400 roles across nine countries to be impacted by these proposals, with around half of these staff positions and half contractor positions. The impacted roles would be office-based and operations would not be impacted by these proposals," Neptune said in a statement sent to Offshore Engineer. Neptune's current workforce - including staff and contractors - is around 1,900.

Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4g
© zozulinskyi/AdobeStock

The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

. Moreover, this is a politically charged topic, and there are several movements afoot to try to change these laws and regulations in potentially material ways, so this will need to be continuously monitored.While the U.S. offshore wind industry is in its infancy, we do have a well-developed offshore oil and gas industry, particularly in the U.S. Gulf. Much of the “oil patch” vessel work has been fixed on the widely used time charter SUPPLYTIME 2005 form. However, because that form was intended for the oil and gas industry, it required extensive amendments to fit the needs of the offshore-wind

Otto Energy's Gulf of Mexico assets

Otto Energy Looking to Appoint Gulf of Mexico Veteran as New CEO

Oil and gas company Otto Energy has said that Matthew Allen will step down as Chief Executive Officer and from the Board as Managing Director effective immediately by mutual agreement following the completion of his two-year assignment to Houston.Allen was appointed Chief Executive Officer in February 2014 and Managing Director in June 2015. He joined Otto Energy in 2009 as Chief Financial Officer. Prior to joining Otto,  Allen worked for Woodside Energy for over 8 years in leadership roles in a number of Woodside business units, including within Woodside’s overseas businesses in Africa.

Image by Gerd Fahrenhorst/Wikimedia - Shared under CC BY 3.0 license

Weatherford CEO Steps Down

U.S. oilfield services company Weatherford has said that Mark A. McCollum, President, Chief Executive Officer, and a director, has left the company, effective immediately. McCollum, an executive with four decades of experience in the oil and gas industry, joined Weathearford as CEO in 2017, having previously served as CFO at rival service company Halliburton.He will now be replaced by Karl Blanchard, Executive Vice President and Chief Operating Officer, and Christian Garcia, Executive Vice President and Chief Financial Officer, who will form the Office of the Chief Executive, reporting directly

A PGS vessel - Credit: PGS

PGS Laying Off 40% Office Workers. Offshore Crews Might Be Cut, Too

in Q2 cold stacked PGS Apollo and Sanco Swift. We plan to warm-stack one additional vessel during Q3."Tough times for seismic playersOffshore seismic contractors, especially the owners of survey vessels, are the ones who will suffer the most from low oil prices and COVID-19 when it comes to the oil and gas supply chain, Rystad Energy said in its recent analysis.The Norwegian energy intelligence recently said that offshore seismic revenues were estimated to fall in 2020 by 51% in a $30 Brent scenario and by 77% if the Brent falls to $20, compared to levels seen in 2019

Ole Maier - Credit: KCA Deutag

KCA Deutag Appoints New President of Offshore Branch

. Ole succeeds Rune Lorentzen, who will be retiring after helping with the transition. We take this opportunity to also thank Rune for years of great contributions to the business and we wish him a safe, healthy, and fun-filled retirement," KCA Deutag said in a social media post.Maier began his oil and gas career with Transocean, before joining Deutag Norge Drilling AS and then Odfjell Drilling where he worked for approximately 18 years in various operational and increasingly more senior roles in both Norway and the UK

Even Larsen - Credit: Ocean Installer

Fred. Olsen Ocean CEO Moves to Ocean Installer to Lead Offshore Wind Business

Wind and has appointed Even Larsen, currently CEO of Fred. Olsen Ocean, as the director of its new business segment. Larsen will join starting from August 1.“I am very excited about this new chapter for our company, which makes Ocean Installer relevant in the ongoing global transition from oil and gas to renewable business”, says Odd Strømsnes, CEO in Ocean Installer.  "Even’s capabilities and track record are of great relevance to our new initiative, where we together with our clients will play an important role in the energy transformation to a greener and more

Martin Gilbert - Credit: OGTC

OGTC Names New Chair

in its £11bn merger with Standard Life in 2017, when he became co-chief executive of Standard Life Aberdeen.Welcoming Gilbert's appointment, Colette Cohen, CEO of OGTC said:"We’re excited to welcome Martin to the Oil & Gas Technology Centre at this pivotal time for the oil and gas industry. His extensive experience and strategic leadership will be invaluable as we accelerate technology to support the post-Covid-19 recovery and deliver a net-zero North Sea."“From a standing start in early 2017, the OGTC has become integral part of the UK energy and technology

David C. Lawler,- Credit: BP

BP Names Next BP America Chief

in the first year, far exceeding initial expectations of $90 million, BP said.Lawler, a Denver native, graduated from the Colorado School of Mines with a Bachelor of Science in petroleum engineering before earning an MBA from Tulane University. He joined bp from SandRidge Energy, a U.S.-based oil and gas independent, where he had served as executive vice president and chief operating officer.Susan Dio, a 36-year veteran of bp who has served as BP America chairman and president since 2018, will retire later this year. A chemical engineer by training, she led the company through a dynamic period

“I think we need to be bold in our thinking, but cautious in our applications. It doesn’t cost that much money to play around with ideas; and that small investment could turn up some great benefits. But if you’re afraid to make that initial investigation, things will pass you by.”
John Waterhouse, Elliott Bay Design Group

Interview: John Waterhouse, EBDG - “Be Bold in Thinking but Cautious in Application”

benefits. But if you’re afraid to make that initial investigation, things will pass you by.”Ask John WaterhouseHow does the current COVID-19 pandemic compare to other business disruptions that you have seen during the course of your career?The pandemic and concurrent price collapse in the oil and gas industries are once in a century events that will disrupt lives, damage businesses, change social behaviors, and impact the environment. Will our modern technologies prove more robust or more fragile than those at the time of the Spanish Flu pandemic in 1918? We have been able to transition most

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