Coronavirus, Consolidation Taking Toll On Energy Jobs
Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be a prolonged stretch of weak demand.Exxon Mobil Corp said it will cut its workforce by 15%, or about 14,000 people, along with oil majors Chevron Corp and Royal Dutch Shell Plc.All told, more than 400,000 oil and gas sector jobs have been cut this year, according to Rystad Energy, with about half of those in the United States, where several big exploration companies and most large oil service companies are headquartered.Coronavirus has devastated swathes of the
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
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 Wood
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 at
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
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.
