Venterra Appoints Kavafyan as CEO
Philippe Kavafyan as Chief Executive Officer. He joins the group in mid-September and, following a short transition, becomes Chief Executive Officer with effect from October 16, 2023. Kavafyan takes over upon the retirement of Rob Jewkes who is a member of the team that founded the business with Ayman Asfari in 2021.Kavafyan joins from Aker Horizons in Norway and was previously Chief Executive Officer of MHI Vestas Offshore Wind in Denmark. His career spans the evolution of the energy sector over the last three decades, including 20 years in the wind industry. He has held leadership positions
Report: Petrofac to Let Go 20% of Workforce
compulsory if not enough people took up the offer, said it might also consider reducing base salaries by at least 10% for many employees."The oil price slump can be expected to have a considerable impact on demand for our services in the short and medium-term," Petrofac Group Chief Executive Ayman Asfari wrote in the email sent to staff on Thursday."We must act immediately and decisively to protect the future of our business," he wrote.A source confirmed the content.A spokesman for Petrofac, which designs, builds and operates oil and gas facilities, said: "as a responsible company
Norman Murray, Petrofac Chairman Quits
“It is with tremendous sadness that I step down from the Board. I would like to thank my Board colleagues for their support during my tenure and their understanding of my current situation. I leave Petrofac in good shape and the Board in Rijnhard’s experienced and capable hands.” Ayman Asfari, Group Chief Executive, commented: "I would like to thank Norman for leading the Board so effectively for the last three years. Whilst it is with great sadness that we accept his resignation, we understand his reasons and our thoughts and best wishes remain with him and his family. &ldquo
