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Wednesday, June 26, 2019

Oilfield Services News

Jeff Miller (Photo: Halliburton)

Miller Takes Over as Halliburton Chairman

Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective January 1, 2019, following the retirement of executive chairman Dave Lesar on December 31, 2018.Robert A. Malone will continue as lead independent director of the Halliburton board of directors.Miller has served on Halliburton's board since 2014, and has been the company's president and CEO since 2017. He has held other roles including president of Halliburton from 2014-2017 and executive vice president and chief

CGG Names Baidoukov CFO

as Group CFO, effective September 1, 2018. He will be based in Paris and report to the Chief Executive Officer, Sophie Zurquiyah.Baidoukov brings to the role 25 years of international oil and gas industry experience. He is currently Group CFO at OiLSERV Group, a Middle East and North Africa Oilfield Services company. Prior to this, he was CFO of Maersk Oil US, and Group CFO of Integra Group, a CIS oilfield services company. Baidoukov spent 10 years of his career at Schlumberger in finance positions at the corporate and regional levels.Baidoukov holds an MBA degree from TRIUM Global Executive MBA

Fournier Joins The Ulven Companies as Sales VP

for strategic leadership, business development and management in building, driving and executing sales for all companies.   Fournier brings to the role more than 15 years of experience in the oil and gas industry, the last 11 years of his career in a number of leadership capacities at oilfield services firm Express Energy Services.    The Ulven Companies is a family of five companies (Ulven Forging, Ulven Aerospace, Skookum, Wolf Steel, and Houston Structures) providing a variety of forging, casting and machining processes

Zurquiyah Named CEO of CGG

following the company’s March 23 board of directors meeting.   “Sophie will take office at the end of the next general meeting on April 26. Until then, the Group remains managed by Jean-Georges,” Dorval said.   Zurquiyah joined CGG in 2013 after 22 years in the oilfield services industry, working for Schlumberger in global executive positions ranging from business, operations, functional to technology, based in France, the U.S. and Brazil. She is a graduate from École Centrale de Paris, holds a master in Numerical analysis from the University of Paris VI (UPMC)

From left: Jack Taylor, David Sheret, David Sinclair and Hugh Riddell (Photo: M2 Subsea)

Sinclair Joins M2 Subsea

;s European business development team, following the appointment of Hugh Riddell and Jack Taylor earlier this year. Riddell joined M² Subsea in June 2017 as business development manager for the UKCS. He previously held the roles of client manager at Technip and sales account manager at Swire Oilfield Services. Taylor, who holds a Bachelor of Engineering from Robert Gordon University, was most recently project engineer at Bibby Offshore and joined M² Subsea in October 2017 as client account manager

RigNet Names Jabbia VP, N. American Sales

 RigNet, Inc., has appointed Trent J. Jabbia as Vice President of North America Sales.    Jabbia brings over 18 years of professional experience with companies in the upstream oilfield services sector. During Trent’s 12-year tenure at RigNet, he has held positions as a Field Engineer, Sales Executive, Offshore Sales Team Lead, and a Global Sales Executive.  Prior to joining RigNet in 2005, Jabbia worked as a Senior Technical Professional for Halliburton, where he led a crew of service operator technicians in conducting highly technical downhole acquisition services at

Mike Macleod  (Photo: OEM Group)

Macleod Joins OEM Group as Financial Director

strategy which aims to see its turnover increase by 25 percent to £3 million in the next 12 months.   With more than six years’ experience working at director level, Macleod has joined the Aberdeen-headquartered marine and oil and gas services firm following 10 years at the oilfield services company Uniconn Group. Macleod has an Honors Degree in Law and Management from the Robert Gordon University.   In addition to Macleod’s appointment, OEM Group has also added five engineers to its team in the U.K. and Craig Stephen as U.K. sales manager. Stephen has more than 10

Schlumberger: No More Job Cuts Expected in Current Oil Slump

Schlumberger Ltd, the world's No.1 oilfield services provider, said it was optimistic that it had completed the job cuts needed in this oil downturn.   Executives speaking on the company's earnings call on Friday said they expected "positive movement" in oil prices in 2016, but that any significant recovery in activity levels would come next year.   Schlumberger reported a slightly better-than-expected quarterly profit on Thursday as it cut costs again - mostly through 10,000 job cuts - and the company unveiled a $10 billion share buyback program.   The company has cut 34

Jamie Pollard (Photo: QinetiQ)

QinetiQ Names CEO for OptaSense

QinetiQ has appointed Jamie Pollard as CEO of its Distributed Acoustic Sensing (DAS) subsidiary, OptaSense. Pollard brings over 20 years’ of experience from oilfield services company Schlumberger, where he ran and grew large global businesses and joint ventures, working across the U.K., U.S., Continental Europe and Africa. Pollard graduated with a degree in Mechanical Engineering from Loughborough University of Technology.  Steve Wadey, CEO of QinetiQ said, “I am delighted to be making a positive investment in OptaSense by appointing Jamie Pollard as its CEO to augment the

Schlumberger Slashing 9,000 Jobs

Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices. The company said it took charges amounting to $1.77 billion in the fourth quarter including impairment charges related to its seismic business, Venezuela currency devaluation and job cuts. Schlumberger had said last month that it would take a $1 billion charge 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 definitel

Pam Thom

Duo of Senior Appointments for ATR Group

to build for sustained growth in the international oil and gas marketplace. Pam Thom brings more than 18 years industry experience to the newly-created role which will see her focus on supporting onshore operations across ATR’s UK network. Formerly operations director at Conserve Oilfield Services, she brings a wealth of knowledge in supply chain management, procurement, logistic and operational excellence to ATR. Her remit will include reviewing processes and procedures with the Lifting Solutions business to maximise efficiencies and deliver cost benefits to ATR’s customers. She

Nick Fuller (Photo: OIMO)

OIMO Adds Fuller to Leadership Team

Offshore Inland Marine & Oilfield Services, Inc. (OIMO), a company in topside and riding crew repair services, announced the appointment of a new executive to the company’s leadership team – Nick Fuller, Director, Business Development. In this role, Fuller will be leading the sales and marketing teams to create growth and sustainability to OIMO and reporting to Jack Berglund, Sr. VP Commercial. He will also hold a contributing role on the senior management team. Fuller brings a decade of experience across all functions in the areas of business development and marketing in his

Paul Gallagher

Gallagher Returns to Foss Maritime

the maritime industry, and during his career he has been involved in all aspects of maritime operations and cargo transportation. Paul began at Foss in 1991 and served in a variety of roles including Director of Sales for Marine Transportation, PNW Regional Operations Manager and Director of Oilfield Services. He managed business development and service delivery in support of project logistics for heavy lift cargo transportation for upstream oil and gas projects. During the past few years, Paul has been the Director of Project Services at TOTE Logistics and has worked collaboratively with Carlile

Keppel T & T Appoints Lim Chin Leong to its Board

. Mr Lim, 59, was with Schlumberger for more than 30 years where he served in various roles from technical, personnel and line management positions in Asia, the Middle East and the US, including Vice President of Well Completions and Production (Middle East and Asia) and President of Schlumberger Oilfield Services. Mr Lim retired as Chairman of Asia for Schlumberger in 2010. Upon retirement, he assumed a consulting role for Schlumberger Carbon Services and business advisor to Imerys for their minerals mining business in China. Mr Loh Chin Hua , Chairman of the Keppel T&T Board and CEO of Keppel

Working offshore: File photo

Norway Offshore MMO Slowdown: Aker Helps Redundant Workers

support and ensure flawless execution of Aker Solutions' significant order backlog. Aker Solutions is also offering about 130 employees a transfer to Aker Advantage, which will endeavour to find jobs inside or outside the group. The recruitment firm will in September become part of Akastor, the oilfield services investment business formed as part of the announced split of Aker Solutions. "The offshore maintenance and modifications market in Norway has weakened considerably this year, causing overcapacity and weighing on earnings in the MMO segment,'' said Tore Sjursen, head of MMO at Aker Solutions

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