Northern Ocean Names Arne Jacobsen CEO
Offshore drilling contractor Northern Ocean announced it has appointed Arne Jacobsen as its new chief executive officer.Jacobsen was previously the CEO of Orion, a joint venture between Hayfin Capital and Transocean, and has experience as a senior investment advisor for the oil and gas investment portfolio of Hayfin Capital.Beyond his background as an investment professional, Jacobsen holds extensive commercial and operational experience from the oil and gas industry. Before joining Hayfin Capital, Jacobsen held leading positions in Songa Offshore and Ocean Rig, where he was positioned both in Brazil
Ex-Ensco CEO Joins Borr Drilling as Director
Offshore drilling rig firm Borr Drilling has appointed Daniel Rabun, former CEO of Ensco, as a company director to fill existing vacancy with effect April 25, 2023.Rabun served as Chairman of the Board, President and Chief Executive Officer of Ensco plc, an offshore drilling services company from 2007until his retirement in May 2015.Before joining Ensco, Rabun was a partner with the international law firm of Baker & McKenzie LLP, where he provided legal advice to oil and gas companies.Rabun has served on the Board of Directors and as a member of the Audit Committee and Governance and Nomination
Lyne Steps Into Chief Commercial Officer Role at Valaris
Offshore drilling contractor Valaris on Monday announced that Matt Lyne has commenced his role as senior vice president and chief commercial officer, having been appointed to the role in late May.Lyne previously served as chief commercial and strategy officer at rival Seadrill, where he held a number of senior marketing and commercial roles for more than 12 years. Prior to this, he served in a number of senior operational and functional roles with another offshore driller Transocean. Lyne has over 20 years of offshore drilling experience in various international locations.Valaris president and CEO
Chris Weber Steps In as Valaris CFO
Offshore drilling contractor Valaris on Wednesday announced that Chris Weber has commenced his role as senior vice president and chief financial officer, having been appointed to the role in late May.Weber previously served as CFO of LUFKIN Industries, the global provider of rod lift optimization solutions, products, technologies and services to the oil and gas industry. Weber has also served as CFO of Abaco Drilling Technologies, Halliburton and Parker Drilling Company, and also held senior finance roles at Valaris predecessor companies, Ensco and Pride International.Valaris president and chief
Valaris Names Raimbault VP of Sustainability and New Energy
Offshore drilling contractor Valaris announced on Thursday that Christophe Raimbault, Vice President and interim Head of Marketing will take on a new role as Vice President - Sustainability and New Energy.Valaris President and Chief Executive Officer, Anton Dibowitz said, “The creation of this new position highlights the company’s continued strategic focus on sustainable business practices that support our purpose of providing responsible solutions that deliver energy to the world. Christophe’s appointment will drive further momentum behind our commitment to reduce emissions
Valaris Announces Executive Leadership Changes
Offshore drilling contractor Valaris on Thursday announced the appointment of three new members to its executive management committee.Chris Weber will join Valaris as senior vice president and chief financial officer, Matt Lyne will join as senior vice president and chief commercial officer, and Davor Vukadin, the company’s associate general counsel has been promoted to senior vice president and general counsel. Weber and Lyne are expected to start in the third quarter of 2022.Darin Gibbins, who is serving as interim CFO, will continue in his role as vice president – investor relations and
Dolphin Drilling Names VP of Marketing as It Targets North Sea Growth
Harsh environment offshore drilling services provider Dolphin Drilling has appointed Michael Boyd to the role of VP of Marketing, as the firm eyes further growth and boosts its presence in the North Sea market.Boyd, who first joined Dolphin Drilling in 2013 as Assistant Rig Manager has progressed throughout his career at Dolphin, spanning almost a decade, holding multiple roles including Rig Manager, Project Manager, and latterly as VP of Supply Chain. He has an MBA from the Open University and an MSc in Project Management from Aberdeen University.Dolphin Drilling which has operational bases in
Seadrill Names New COO, CTO
Offshore drilling company Seadrill has appointed Reid Warriner as Chief Operating Officer and Leif Neilson as Chief Technology Officer.The company, which announced the appointments on Thursday afternoon, said the management changes build upon the significant contributions the duo had already delivered in their previous roles at Seadrill.Warriner Reid has served as Senior Vice President since January 2019. Reid has over 25 years of experience in the oil and gas industry. Prior to Seadrill Reid held the position of President, OilSERV Drilling Group. Before that he worked for Schlumberger for over 15
Well-Safe Buys Seadrill Rig for North Sea P&A. Move to Create 100 New Jobs
decommissioning company Well-Safe Solutions has bought Seadrill's 1993-built West Epsilon jack-up rig, in a move that the company says will create a 100 new jobs.This will be Well-Safe's second rig in the fleet following the company’s acquisition of the Well-Safe Guardian semi-submersible drilling rig from Diamond Offshore in April 2019. The new addition to the fleet will be renamed the Well-Safe Protector. Well-Safe will now kick-off an upgrade and modification program for the jack-up, to make the rig ready for enhanced plug and abandonment projects in early 2021.Well-Safe said the
Maersk Drilling CFO to Step Down
Danish offshore drilling company Maersk Drilling said Friday its Chief Financial Officer Jesper Ridder Olsen would step down from the position by January 2021.The offshore drilling contractor said that Ridder Olsen had "decided to pursue another opportunity outside Maersk Drilling and will leave thecompany by the end January 2021 at the latest."He was appointed CFO and member of Executive Management in Maersk Drilling in 2018.Jørn Madsen, CEO of Maersk Drilling says: "Since he joined Maersk Drilling in 2018, Jesper has been instrumental in the transformation of our company from a
KCA Deutag Appoints New President of Offshore Branch
Drilling and engineering company KCA Deutag has named Ole Maier its new President of Offshore Business Unit.Maier, who has most recently served as Executive Vice President for Odfjell Drilling's Platform Drilling Operations, has succeeded KCA Deutag's Rune Lorentzen who will be retiring."Ole joins KCA Deutag, bringing decades of industry experience and a strong track record as a strategic leader in the global offshore services sector. Ole succeeds Rune Lorentzen, who will be retiring after helping with the transition. We take this opportunity to also thank Rune for years of great contributi
New Round of Layoffs at Maersk Drilling
Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020, citing oil and gas companies' budget cuts and delays and cancellations in offshore drilling tenders.As previously reported, Maersk Drilling in April said it would lay off around 250-300 people in its North Sea crew pool, and mothball several drilling rigs due to the effects of low oil price on offshore drilling activities.The Danish offshore driller on Thursday announced a new round of cuts, this time onshore."...the need for onshore support is expected to be adversely
UK Offshore Workers Call for Gov't to Invest in Oil Projects
said on Monday the government should invest taxpayer money directly into oil and gas projects to save the sector rather than extend welfare payments to furloughed staff.In a joint statement, the unions said they expected around 3,500 workers to be out of a job by September and that their members in the drilling sector were told their employers did not see any upturn in their sector before 2022."We see it as vital that we get the government to invest in projects, not as operating partners but as equity partners, providing low cost loans to operators," the statement said."The projects that
Dolphin Drilling names HSEQ Director
Offshore drilling contractor Dolphin Drilling has appointed Marianne Leiknes Ulriksen in the new role of Director HSEQ.Joining the company from PSW Group, she will be reporting directly to CEO Bjørnar Iversen, who made the announcement of the HSEQ Director appointment via social media.Leiknes Ulriksen will join Dolphin Drilling on May 4th. Leiknes Ulriksen will have overall responsibility for the HSEQ function within the drilling company.She will be based in Dolphin Drilling's new offices and operational center in Stavanger. Leiknes Ulriksen holds a master's degree in Business
Noble Corp Names Butz CFO
London-headquartered offshore drilling contractor Noble Corporation has appointed Stephen M. Butz as Executive Vice President and Chief Financial Officer, effective December 19, 2019.From 2014 until its merger with Ensco plc, Butz served as Executive Vice President and Chief Financial Officer at Rowan Companies. From 2005 – 2014, he served in various roles at Hercules Offshore, most recently serving as Executive Vice President and Chief Financial Officer. Prior to that, Butz worked as an equity research analyst covering various energy related industries and as a commercial banker.
Online Tool Helps Assess Drilling Safety
A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association of Drilling Contractors (IADC) with input from members Awilco (UK) Ltd, Transocean, Valaris, COSL Drilling Europe and Diamond Offshore.OPITO, a not-for-profit skills organization for the energy industry, said its Skills Screening tool provides an accessible online solution for organizations looking to assess the knowledge and understanding of current and
Seadrill CFO to Step Down in June
Norwegian offshore drilling rig firm Seadrill Ltd said on Thursday that Chief Financial Officer Mark Morris will step down following completion of the company's financial restructuring.The company, controlled by Norwegian-born billionaire John Fredriksen, said it has begun a formal search process and that Morris will remain in the role until the end of June to make the transition possible.Separately, Seadrill Partners said Morris would step down as chief executive officer of that firm at the end of June. Seadrill Partners is a limited liability company formed by Seadrill Ltd to own, operate and
