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Saturday, April 4, 2020

Energy News

Oskar Leirgulen - Image by Head Energy

Head Energy's EPCIC Engineering Division Names Operations Manager

Norwegian offshore engineering 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

Illustration - Oil workers - Image by Алексей Закиров - AdobeStock

Report: Petrofac to Let Go 20% of Workforce

deal with the challenges of the current environment."Brent crude lost about two-thirds of its value in the first quarter as demand plummeted due to measures to halt the spread of coronavirus and as Saudi Arabia and Russia battled for market share, pumping extra oil into an oversupplied market.Other energy industry companies have been announcing a range of measures to deal with the downturn, including major cost cuts.The chief executive said the voluntary redundancy program would be offered to employees for two weeks but said the company could consider compulsory layoffs after that period.The company

© Art Konovalov / Adobe Stock

Widespread Salary and Job Cuts at Schlumberger

said. The company had previously announced plans to reorganize its land-based operations in North America, including idling some 50% of its hydraulic fracturing equipment.Schlumberger last week said it would reduce its 2020 capital spending budget by 30% due to the price crash, joining a host of major energy companies that have slashed spending amid the twin supply and demand shock.Shares of Schlumberger were up 3.3% to $13.7 in morning trade, off 65.97% year-to-date. (Reporting by Liz Hampton, Editing by Franklin Paul and Dan Grebler

Gary Paver is ASCO's new CFO- Image by ASCO

ASCO Names New CFO

;I have gained considerable experience during my career, driving business strategy and direction, and I am very much looking forward to working with the management team and making a positive contribution to ASCO’s strategic objectives, as they continually strengthen their leading position within the energy market."ASCO CEO Peter France commented on the appointment: "Gary is an extremely accomplished individual with a proven track record with private equity experience.  I have no doubt he will  play a pivotal role as part of the leadership team as we seek to grow and strengthen the

Illustration Only; Image by corepics - AdobeStock

More than a Million of Oilfield Services Jobs at Stake

More than a million jobs in the oilfield service industry (OFS) are expected to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, Norway's energy intelligence firm Rystad Energy said. Most cuts will come from shale servicesAccording to Rystad, more than 5 million people are employed in the OFS sector globally at present and Rystad Energy’s estimates show that this year alone, contractors will scale down their workforce by at least 21%. Some 13 percentage points are attributed to oil-price-driven cuts and the remaining 8%

(Photo: Dredging Contractors of America)

Dredging: Essential Critical Infrastructure Workforce

such as plumbers, electricians, exterminators, and other service providers who provide services that are necessary to maintaining the safety, sanitation, and essential operation of residencesSupport, such as road and line clearing, to ensure the availability of needed facilities, transportation, energy and communicationsSupport to ensure the effective removal, storage, and disposal of residential and commercial solid waste and hazardous wasteOTHER COMMUNITY-BASED GOVERNMENT OPERATIONS AND ESSENTIAL FUNCTIONSWorkers to ensure continuity of building functionsSecurity staff to maintain building access

Offshore workers - Image by  wanfahmy - AdobeStock

Tens of Thousands of Offshore Jobs at Risk, UK Union Warns

UK-based offshore energy workers' union RMT has called for the government to help preserve the offshore oil and gas industry and jobs amid the coronavirus and the oil price rout.RMT has warned that oil price wars and a public health pandemic could "drive the North Sea oil and gas industry over the cliff edge, putting tens of thousands of offshore workers out of work, increasing the UK's reliance on imported fossil fuels and extinguishing prospects of a just transition for oil and gas workers."RMT General Secretary Mick Cash said: "We are extremely concerned at the potential of

Graham Brown is Sonardyne's new Managing Director.

Brown Named Managing Director at Sonardyne

that we’re renowned for. But we’re now part of a wider group of companies, with access to a considerably enlarged portfolio of products and services that complement our own seabed-to-shore systems. We expect this to deliver significant operational benefits for our customers across the global energy, ocean science, civil and defense markets.”Brown is an Electromechanical Engineer by background with a first-class degree and Ph.D. He is also a Chartered Engineer, a Fellow of the Institute of Directors (IoD), a Fellow of the Institute of Marine Engineering Science and Technology (IMarEST)

Image: ERSG

ERSG Names Japan Head

the business in the renewables and engineering sectors across the APAC region."The Tokyo office compliments ersg’s first move into Asia via Taipei, Taiwan last year and cements their position as market leaders in delivering highly specialized local recruitment solutions to the global renewable energy industry," said a release from the specialist energy recruitment company.According to IRENAs Future of Wind report Asia is poised to become the world’s dominant wind market, accounting for more than 50% of onshore and 60% of offshore wind installations by 2050. Asia’s onshore wind

© Eugene Sergeev / Adobe Stock

Golar LNG Appoints New CFO

Officer, effective April 20.In October 2019, Golar LNG announced its current CFO, Graham Robjohns, would step down. Robjohns will remain in his current position until April 20, 2020 and will leave Golar on April 30, 2020.Robjohns' successor, Mitchell-Thomson, has 21 years of experience advising energy, utility and infrastructure companies on M&A and capital markets transactions while working for JP Morgan. During this time, he was Co-Head of Energy, Utility and Infrastructure Investment Banking in EMEA for 10 years; Head of Corporate Finance in EMEA for 3 years and Head of Investment Banking

Dawn Summers - Credit: Wintershall Dea

Wintershall Dea Appoints New COO

Operating Officer (COO).As COO, she will be responsible for the Business Units Germany, Norway, the Netherlands, UK and Denmark, Egypt, Libya, Algeria and UAE as of 1 June 2020.Summers has more than 25 years of extensive international experience in the oil and gas industry and has worked for BP, Genel Energy, Origin Energy, and Beach Energy, among others.For the last two years, Dawn has served as Chief Operating Officer of the Australian oil and gas producer Beach Energy. Prior to that she was Chief Operating Officer responsible for the integrated gas division of the Australian company Origin Energy

Alexandra Thomas has joined Neptune Energy as UK Managing Director, based in Aberdeen. Credit: Neptune Energy (The image has been cropped)

Neptune Energy Names UK MD

Oil and gas company Neptune Energy has informed that Alexandra Thomas has joined the company as UK Managing Director, based in Aberdeen.Thomas joins Neptune from Tullow Oil plc, where she most recently held the position of Head of Exploration, Development, and Commercial for Ghana.She has 18 years’ experience in the oil and gas sector, starting her career with assignments in both Shell and Equinor before joining Tullow as a result of its acquisition of the Vattenfall assets in 2011.She has held a number of senior leadership roles in the UK, Netherlands, Norway and, most recently, in Ghana where

Bjørn Joensen and Erik J. Aalbæk   (Photo: MacArtney)

MacArtney Strengthens Offshore Renewable Energy Sector

MacArtney A/S has appointed new personnel to strengthen the Offshore Renewable Energy department at headquarters in Esbjerg, Denmark.Bjørn Joensen and Erik J. Aalbæk join MacArtney to begin work on strengthening and developing MacArtney’s Offshore Renewable Energy sector, in line with the corporate strategy.Esbjerg local, Bjørn Joensen joins the MacArtney Group as Sales Director for Offshore Wind from the SH Group A/S where he worked as the General Manager to develop the overall business and increase sales. With a maritime-based background, Joensen was initially educated as a

Paul Blomerus (Photo: Clear Seas)

Clear Seas Names Blomerus Executive Director

researcher and leader in innovation with a background in industry as well as university research management. Most recently, as a Senior Advisor, Research and Industry Partnerships with the University of British Columbia (UBC), he developed two research clusters focused on clean energy and marine systems. Dr. Blomerus’ work at UBC provided him with insights into reconciling economic development with environmental protection while respecting Indigenous rights.Dr. Blomerus also developed an independent consulting practice specializing in clean energy and policy deployment helping

Martin Helweg (Photo: P&O Maritime Logistics)

P&O Maritime Logistics Names Helweg CEO

. Earlier, Martin spent over 15 years in marine service solutions working for Svitzer, an A.P. Moller-Maersk Company in regional CFO and CEO roles across the Americas, Europe, the Middle East and Asia.P&O Maritime Logistics was created last year following DP World’s acquisition of Topaz Energy and Marine and its integration with P&O Maritime. POML focuses on three strategic segments – offshore, port services and logistics

Katarina Lindström (Photo: Hempel)

Hempel Taps Lindström as COO

senior executive positions within both operations and product management. As architect of Volvo Group’s industrial presence in Asia, she helped build the company’s manufacturing footprint in the region. In 2018, Katarina became President of Operations at Munters Group AB, a global leader in energy efficient and sustainable air treatment solutions, where she drove a number of strategic initiatives and improvement projects

Photo: Acting EVP Johannes Tveit (Photo credit: Trude Brun Wilhelmsen)

NES Announces Management Changes

Systems (NCS) and NES, and in building an organisational structure, competence, structures and tools that have given the company a strong foundation for delivering high-quality products to its customers. With Odd Gunnar at the helm, NES has also developed and delivered new products and services in energy optimization and control and has established itself as the leading supplier of zero emission solutions for ferries and other vessel types.NES’s priorities in the time ahead will be to realize its goals and strategies for continued growth and development with new products in existing and new

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