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Sunday, July 12, 2020

Schlumberger News

Carl Trowell - Image Credit: Acteon

Former Ensco Boss Named New CEO of Acteon

a wide range of roles across the energy sector, joins Acteon from the offshore drilling contractor Valaris plc.He joined Ensco in 2014 as Chief Executive and subsequently became Executive Chairman in 2019 following its merger with Rowan Companies and rebranding as Valaris.Prior to Ensco, he worked for Schlumberger, world’s largest oilfield services company, holding a variety of leadership positions for 17 years including Managing Director for the North Sea region and global head of marketing and sales, before becoming President of both the Production Management and Integrated Project Management divisions

Image by kichigin19  - AdobeStock

'This could be the one that gets me,' Says Oilfield Service Veteran

and skills gained through past downturns.Such cuts, which are expected to accelerate this year, spell trouble for firms when it comes to restaffing and tapping know-how from prior busts, said some industry executives interviewed by Reuters.Halliburton this month cut 22% of its headquarters staff while Schlumberger recently reshuffled its executive team and warned of "significant" expenses for job cuts this quarter. Oil major BP plans to cut half its senior managers in coming months.Since March, some 66,300 oilfield jobs, or 8.5% of the sector's workforce disappeared, according to an analysis

 Marianne Leiknes Ulriksen / Image shared by Dolphin Drilling CEO

Dolphin Drilling names HSEQ Director

and operational center in Stavanger. Leiknes Ulriksen holds a master's degree in Business Administration and has previously held roles with drillers such as Songa Offshore and Odfjell Drilling.In PSW Group  Leiknes Ulriksen served as QHSE Director with projects such in which she assisted Schlumberger, with the development of Company Management System for Total Well Delivery on the Equinor Peregrino 3;  assisted Transocean with the AOC process for Transocean Norge drilling rig; Responsible for AOC process and UK Safety Case for Island innovator and Island Drilling drilling units; Songa

Oskar Leirgulen - Image by Head Energy

Head Energy's EPCIC Engineering Division Names Operations Manager

company Head Energy has made a new addition to its EPCIC Engineering Division. EPCIC stands for Engineering, Procurement, Construction, Installation & Commissioning.Head Energy said Friday that Oskar Leirgulen had joined the division as operations manager, having previously worked for OneSubsea, a Schlumberger subsidiary, where he held the position as Project Manager.He has previously worked for companies like Reinertsen, Siemens, and Goodtech.Leirgulen has a background within Computer Engineering and holds an MBA in Strategic Management from the Norwegian School of Economics (NHH)."Head Energy

© Art Konovalov / Adobe Stock

Widespread Salary and Job Cuts at Schlumberger

Oilfield services provider Schlumberger on Tuesday said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.Oil prices have plunged by more than 60% since the start of the year, prompting scores of oil and gas producers to slash spending on drilling and services. On Tuesday, U.S. oil benchmark futures were trading around $20.69 a barrel.The coronavirus pandemic has sharply cut oil demand, while top producers Russia and Saudi Arabia have pledged to pump full bore from April 1, flooding the market with new supply.Schlumberger said

Mark Burnett  (Photo: Seiche Water Technology Group)

Burnett Name CEO of Seiche

, power and defense sectors.Burnett joined Seiche as UK Regional Director in November 2016, before being promoted to COO in March 2018. Previous to joining Seiche, Burnett was Chief Executive Officer of WGP Group. He began his career working offshore with Western Geophysical (now WesternGeco, a Schlumberger company)

Jean Cahuzac will step down from his position as Subsea 7 CEO at the end of 2019. (Photo: Subsea 7)

Subsea 7 CEO Will Retire at Year End

Subsea 7 announced that Jean Cahuzac will retire from his position as CEO at the end of this year, and will be succeeded from January 1, 2020 by John Evans, who is currently COO.Cahuzac has been in the industry for 41 years and CEO for Subsea 7 since 2008, having previously worked for Transocean and Schlumberger. Following his retirement as CEO, he will continue with Subsea 7 as a Non-Executive Director.Evans has been COO of Subsea 7 since he joined the company in 2005 and has over 30 years’ experience in the offshore energy services industry. He previously worked for KBR in a number of general

Fairfield Geotechnologies Names Sugahara CEO

joined the company in 2017 as VP of Corporate Development. He has over 22 years in the energy industry in various business development and financing roles at Frank’s International, GE and Intergen.Mattos joined the company in January, 2019 as VP Data Processing after spending 19 years with Schlumberger and WesternGeco in various technical and business development roles

© Cla78 / Adobe Stock

Equatorial Guinea Punishes Subsea 7

Equatorial Guinea has ordered energy operators to stop doing business with oil and gas service firm Subsea 7 for failing to comply with local laws aimed at creating more jobs for locals, the oil minister said on Thursday.In September, an oil ministry source warned that Schlumberger, Subsea 7 and FMC faced bans from working in Equatorial Guinea if they did not commit to local content laws.The move was part of a crackdown by the African country to enforce local content laws that have been in place since 2014. Petroleum operators were told in July to cancel contracts with Canadian-based CHC Helicopter.

Left to right: Jon Beatty and Greg Hammond (Photo: UTEC)

UTEC Makes Two Key Appointments

joins UTEC Geomarine as managing director and is responsible for its range of geotechnical services, which, when combined with UTEC’s geophysical survey offering, provides a one-stop solution for seabed characterization and sampling. He has more than 25 years of international experience with Schlumberger, having served in technical and management positions spanning reservoir characterization, well construction and completion, and production.Hammond takes on the StarNet business unit director role having been with the business for more than 13 years. During this time, he has been instrumental in

Odin Estensen (Photo: Neptune Energy)

Neptune Energy Names Estensen Managing Director for Norway

appointed Odin Estensen as Managing Director of its Norwegian business, based in Stavanger.Estensen joins Neptune Energy from A/S Norske Shell, where he is currently the Norway Operated Asset Manager.With more than 28 years’ experience in the oil and gas sector, Estensen started his career with Schlumberger before joining Shell in 1990, where he went on to hold various senior roles across Europe, and also to support operations in the Middle East, Africa and Asia.Anne Botne, currently Interim Country Director of Norway for Neptune, will remain with the company and fully resume her head of legal responsibil

CGG Names Baidoukov CFO

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, a joint program of NYU Stern School of Business, LSE and HEC Paris. He also holds a Master of Science (Honors), Economics degree from the Russian Peoples’ Friendship University

Schlumberger CFO Ayat to Retire Soon

Schlumberger NV Chief Financial Officer Simon Ayat plans to retire this year and a company insider has emerged as top candidate to replace him at the world's largest oil services firm, three people familiar with the matter told Reuters.Stephane Biguet, currently vice president of finance, is the frontrunner to replace Ayat, according to the people who declined to be named because the matter is not yet public.Schlumberger declined to comment.The CFO change would come as rising oil prices and dwindling producer reserves are helping lift demand for oil services, which were hit hard by the 2014 oil

Helge Lund  Photo courtesy of BP

BP Names Former Statoil Boss Lund as Next Chairman

months before the worst offshore oil disaster in U.S. history that left 11 workers dead. He played a key role in the aftermath of the disaster that cost the company over $65 billion.Lund, who is also chairman of Denmark's Novo Nordisk AS , will stand down as a director at oilfield service company Schlumberger with immediate effect. He has been a Schlumberger director since June 2016.He started his career as a consultant with McKinsey & Company and a parliamentary adviser for Norway's Conservative party. Lund was also on the board of directors of Nokia from 2011 to 2014.(Reporting by Ron Bousso

(File photo: Polarcus)

Mannering Named Polarcus Chairman

Michael Mannering has been nominated to succeed Polarcus’ outgoing chairman of the board, Peter Rigg, with effect from the 2018 AGM on May 10.Rigg will retire after a decade as chairman of the marine geophysical company, having served in the role since the company’s inception in 2008.Mannering has previously held many senior corporate positions in Schlumberger as well as chairman and, subsequently, non-executive director of Songa Offshore until its acquisition by Transocean. He has a BSc (First Class) in Mechanical Engineering from the University of Southampton.

Zurquiyah Named CEO of CGG

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) and a master in Aerospace engineering

Duncan Eley (Photo: Polarcus)

Eley to Take over as Polarcus CEO

the near term, Polarcus will eliminate the COO position “to better align with current market conditions,” the company said.   Eley has over 18 years of experience in the seismic industry in various senior management roles and has been Polarcus' COO since May 2013. He worked with Schlumberger for 10 years supporting marine seismic operations in Europe, Africa and the Americas. Prior to joining Polarcus in 2009, Eley worked for a global strategy consultancy firm across the energy, transport and natural resources sectors. Eley has a Bachelor of Science and Bachelor of Engineering from

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