Maritime Jobs
Thursday, August 6, 2020

Oil Market News

Francesco Gattei -  Eni CFO/Image Credit: Eni

Eni Names CFO

with supporting the CEO in developing and implementing Eni’s economic and financial strategy during this important phase of accelerating the company’s decarbonization plan.Born in Bologna in 1969, Gattei graduated in Economics and Commerce at the University of Bologna with a thesis on the oil market. He obtained the MEDEA (Master in Energy and Environmental Management) Master’s from the Scuola Mattei in 1994.Over the years he's held various roles in Eni. In 2014, he was appointed Head of Investor Relations and also acted as Secretary to Eni's Advisory Board from 2016 to 2019

A PGS vessel - Credit: PGS

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

to cut costs.The company said its plan is to bring annual gross cash cost run-rate to approximately $400 million through staff reductions, reorganization, consolidation of offices, re-negotiation of service agreements, and other cost measures."The Covid-19 pandemic and related disruption in the oil market have caused unprecedented challenges for the seismic industry and will temporarily cause a significant reduction of activity levels. PGS is responding to this challenge by further adjusting its cost base to the lower activity level while retaining its core global capabilities and ability to scale

Image Credit: TechnipFMC (Cropped)

TechnipFMC Cutting Jobs in Norway

Franco-American oil services company TechnipFMC plans to cut up to 700 jobs across its sites in Norway due to the turbulent oil market situation, a spokesman for the company said on Tuesday.TechnipFMC, whose customers include major oil companies, said it employs 3,100 staff in Norway, and both permanent and temporary staff will be affected."TechnipFMC confirms that, due to the unprecedented market situation, the Board of Directors for TechnipFMC in Norway have approved a reduction in the workforce," the spokesman said in a statement, adding that it plans to finalize the process by end of

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