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Friday, June 21, 2024

Conoco News

Matt Jenkins (Photo: Well-Safe Solutions)

Jenkins Joins Well-Safe

Well-Safe Solutions has appointed a director of well abandonment to its growing list of decommissioning experts, bringing the senior team to nine since launching this summer.    Matt Jenkins has joined Well-Safe from Conoco where he led its UK P&A (plug and abandonment) Engineering and Strategy and was pivotal in the Southern North Sea Decommissioning project.    As director of well abandonment at Well-Safe, Jenkins will lead the technical team to design safe and efficient well P&A operations for clients, ensuring the best possible solutions are implemented to mitigate

From right to left: Khamis Juma Buamim, Group CEO, Abdulla Saeed Abdulla Brook Al Hemeiri, Chairman, and Ahmad Al Kilani, Board Member of Gulf Navigation (Photo: Gulf Navigation)

New CEO at GulfNav Leads Expansion Plans

successfully led the organization through its restructuring during a global financial crisis.   An oil and gas industry veteran, Buamim was the Chairman and Chief Executive Officer of Regional Clean Sea Organization (RECSO), the Gulf oil industry organization. Prior to joining RECSO, he was with Conoco and ConocoPhillips for 26 years in various management positions, including Vice President of Dubai Petroleum Company (DPC), a ConocoPhillips affiliate company in the UAE.   “With his wealth of experience and knowledge in businesses turnarounds, he will be instrumental in seeing through

Photo: ConocoPhillips

Conoco to Cut 7% of Canadian Workforce

Oil company ConocoPhillips plans to cut about 7 percent of its workforce in Canada, or about 200 employees, as tumbling oil prices have made its operations in the country less profitable.   The company, which operates conventional and oil sands operations in Canada, told Reuters on Wednesday the cuts came as oil prices continue to weaken after falling more than 60 percent since June.   "The challenging economic environment has required us to make some difficult decisions," Andrea Urbanek, a spokeswoman for the company, said in an email.   ConocoPhillips shares were up 4

Tony McKay

Cortez Subsea Appoints New Operations Director

recently successful in turning Topaz Oil and Gas Limited in UAE from a loss making company into a profit generating business which was sold on. As a former Projects Manager of Kellog Brown & Root he managed two of the first major decommissioning projects in the North Sea, including the award winning Conoco Viking “A” abandonment. He was also instrumental in setting up the Petrofac Brownfield Engineering division, which expanding his business development expertise. As operations director of Cortez Subsea, McKay will bring his international project management and business growth expertise

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