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Sunday, May 27, 2018

Royal Dutch Shell News

Oil Industry Turns to Women in Hour of Need

; "That means we are not using the full talents of the population, that means when it comes to making the decisions that are impacting our world, women are not at those tables where decisions are made."   The Davos energy governors, who include the heads of companies such as BP, Royal Dutch Shell, Eni and Total, will be working on a first declaration of intent to close the gender gap, according to the documents.   It will also set out principles to encourage women to join oil companies, especially in technical and managerial roles.   The principles will range from making

Talisman Energy to Cut up to 15% of Head Office Jobs

said.   Around 150 to 200 employees and contractors will be laid off, Talisman spokesman Brent Anderson said, and employees will be notified beginning this week.   Other Canadian producers that have already announced job cuts include CNOOC-owned Nexen Energy, Suncor Energy Inc and Royal Dutch Shell.   "With low oil prices we have reduced our 2015 capital spending plans and with that reduced activity comes the requirement to make (job) reductions," Anderson said. "No oil company is immune to the low oil price and we are no exception."   Talisman cut its

Photo: ConocoPhillips

Conoco to Cut 7% of Canadian Workforce

layoffs follow one from Talisman Energy Inc on Wednesday; the company will cut 15 percent of its staff due to low prices ahead of its acquisition by Spain's Repsol SA .   Other Canadian producers that have already announced job cuts include CNOOC-owned Nexen Energy, Suncor Energy Inc and Royal Dutch Shell.     (Reporting by Anna Driver and Scott Haggett; Editing by Terry Wade and Bernadette Baum

Unions to Ballot UK North Sea Oil Workers over Appetite for Strike

.   "People are not happy about it," he said. "We are talking about some of the remotest parts of the North Sea, and the weather is a big determining factor as to whether helicopters can get out there."   Some of the biggest operators in the North Sea include BP , Royal Dutch Shell, Total and Apache Corp.   Separately, the Rail Maritime & Transport union said it had endorsed a call from members to ballot for industrial action.   It cited a range of issues including shift pattern changes, alterations to leave entitlements, reductions of up to 20 percent

Shell Nigeria Declares Force Majeure at its EA Field

Royal Dutch Shell said on Thursday it had declared force majeure at its EA field in Nigeria to repair equipment damaged by bad weather offshore, putting on hold production of about 40,000 barrels of oil a day. Repairs were needed to the soft yoke mooring platform, it said in a statement. The EA field is located south west of Warri in water depths of around 25 metres. (By Andrew Heavens; editing by David Dolan, Reuters)  

BP workers in Iraq (Photo courtesy of BP)

Oil Majors Cut Staff in Iraq on Violence Fears

, including one which killed dozens of workers at a BP gas plant deep in the Sahara desert 18 months ago. The speed with which ISIL fighters have routed Iraqi forces underlines their potential to surprise. Almost all international oil majors work with Baghdad on joint projects including Exxon, BP, Royal Dutch/Shell, ENI, Gazprom Neft, Lukoil and Chinese firms. Security sources working for the oil industry say companies will proceed with a full evacuation of the hundreds of foreign staff they employ in Iraq only if there is a major escalation of violence - such as a major attack in Baghdad or

Shell to Lay Off Staff, Contractors in Norway

Oil producer Royal Dutch Shell will lay off 120 of its 900 workers in Norway and reduce its contractor force by 140 from 350, as low oil prices force it to cut costs, it said on Thursday.   Shell said 100 of the staff cuts would be at its headquarters in Stavanger on Norway's west coast while 20 jobs would be eliminated at its operations department in Kristiansand.   Oil firms in Norway are expected to cut investments by around 15 percent this year, the industry's lobby group predicted earlier. Spending could fall further in 2016 as energy firms hold back future developments after crude

UK's Oil Services Firms to Cut Jobs to Ride Out Price Slump

their spending budgets by an average 10-15 percent and renegotiate contracts with the service providers.   Amec, which employs 40,000 people, said it was in consultation with 149 Aberdeen-based employees and that about 64 roles could potentially be affected. The company's clients include Royal Dutch Shell Plc and Exxon Mobil Corp .   Petrofac was in talks to cut around 100 offshore jobs and up to 100 more onshore could be affected, a company spokesman said. The company, which employs 20,000 people, did not specify the location of the job cuts.   A day earlier, smaller peer John

Brekelmans Named Shell Projects & Technology Director

Royal Dutch Shell plc announced the appointment of Harry Brekelmans as Projects & Technology Director with effect from October 1, 2014.   In his new role, Harry will become a member of the Executive Committee and will take over from Matthias Bichsel who will be leaving the company after 34 years.  

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Rolls-Royce Appoints Ruth Cairnie as Non-Executive Director

  Rolls-Royce is pleased to announce that Ruth Cairnie has been appointed as a Non-Executive Director of the Company with effect from 1 September 2014. Ruth Cairnie was formerly Executive Vice President Strategy & Planning at Royal Dutch Shell Plc, where she held a number of senior international roles, including managing the Global Commercial Fuels business. She served on the boards of Shell Pakistan Ltd and joint venture companies in Germany and Thailand. She is currently a Non-Executive Director of Associated British Foods plc and Keller Group plc. She is also a member of the Advisory

Photo: BP

North Sea Job Losses Raise Skills and Safety Concerns

Cost-cutting in Britain's North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised.   A plunge in crude prices over the last 12 months has prompted oil majors such as Royal Dutch Shell, BP , Chevron and ConocoPhillips to lay off hundreds of workers.   Oil field services groups such as Amec Foster Wheeler , Wood Group and Petrofac are also in consultation with employees over job cuts.   "We have seen a lot of panicking," said Alastair Cole, a director

(Image: Petronas)

Petronas to Canada: No Tax Deal, No LNG Plant for 15 Years

;There is a trend for large multinational oil and gas companies to walk away from mega projects that are marginal and uncertain, so I don't view it as a bluff," he said. More than a dozen LNG projects have been proposed for British Columbia's Pacific coast, with companies such as Petronas, Royal Dutch Shell and Chevron Corp leading the race to build Canada's first LNG export facility. Chevron's project hit a bump earlier this year, after partner Apache Corp said it would sell its stake in the Kitimat LNG project to focus on domestic oil production. British Columbia is drafting tax rules

Shearwater platform (Photo: Shell)

Wood Maintenance Workers Back Strike on Shell Platforms

As many as seven of Royal Dutch Shell's North Sea platforms could be hit by the first strike action in the basin in 10 years after Wood Group employees working on the facilities voted on Wednesday in favour of industrial action.   Wood Group workers are employed on Shell platforms to carry out maintenance work. A person familiar with the operations said this meant production from the platforms was unlikely to be affected by potential strikes in the short term.   Nearly all Wood Group workers who participated in the ballot carried out by labour unions Unite and RMT supported strike action

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

SBM Offshore Nominates Wood as CFO

hold an Extraordinary General Meeting (EGM) on November 30, 2016 where it will be proposed that Wood be appointed as a member of the management board for a period of four years until the 2021 AGM. Van Rossum will then step down as management board member and CFO.    Wood has worked at Royal Dutch Shell plc since 1993 in various financial and management positions, including as Vice President Finance & Planning Exploration (at Shell Upstream International) and most recently as CFO of Showa Shell Sekiyu K.K. in Japan, a company listed on the Tokyo Stock Exchange.    Wood obtained

Ithaca Gets New COO

Ithaca Gets New COO

Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015. Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior management positions in the North Sea and internationally for Royal Dutch Shell plc and was previously Group Head of Operations for BG Group plc and, most recently, Technical & Production Director of Talisman Sinopec Energy UK Limited. In accordance with the Company’s Stock Option Plan, the Board of Directors has granted 750,000 share options to Mr Buchan

Helge Lund  Photo courtesy of BP

BP Names Former Statoil Boss Lund as Next Chairman

BP named Helge Lund, a former head of Norway's Statoil, as its next chairman on Thursday, as the British oil major looks to extend a period of rapid growth after recovering from a deadly oil spill in 2010.Lund, who also led BG Group during its acquisition by rival Royal Dutch Shell, will replace Carl-Henric Svanberg, chairman of BP for almost nine years, at the beginning of next year.The 55-year-old Lund steered Statoil through its transformation from a state oil company into a leading global player, and is likely to have to navigate BP through the succession of its veteran CEO Bob Dudley later

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