EnQuest to Axe 530 Jobs in UK
UK oil and gas producer EnQuest is planning workforce reductions in the UK as some of its North Sea fields are expected to cease production, while others will remain shut as part of a recently announced cost-cutting initiative.When it comes to the planned workforce cuts, an EnQuest spokesperson told Offshore Engineer Wednesday that the company had begun a six-week collective consultation with UK employees "as it takes decisive action to manage the business in the current challenging economic environment."The spokesperson reminded that given the prevailing low oil price and global demand that
DeltaTek Appoints Johnstone
will focus on managing well site operations offshore and helping to design and develop new technologies, and he will also be responsible for implementing an equipment maintenance system and subsequent procedures.Prior to his appointment, Johnstone was a wellsite drilling engineer / performance coach at EnQuest. This followed an extensive engineering career which he began as an operations engineer at Stork and progressed to become a drilling engineer with LR Senergy and AGR Petroleum Ltd
UTEC Appoints New Head of Finance
McGovern as its new Head of Finance. Before joining UTEC, Caroline was the CFO for MOL Energy UK where she was a founding director of the business which grew to comprise ownership of 20 North Sea exploration and production licenses. Prior to that, Caroline was Finance Manager for EnQuest PLC, where she spent four years leading and supporting the finance function through their initial IPO listing on the U.K. stock market, and the company’s subsequent asset consolidation and growth period. Caroline is a Chartered Accountant with the Scottish Institute (ICAS) and
EnQuest Appoints Holland as Non-Ex Director
EnQuest PLC has appointed Phil Holland as a Non-Executive Director with effect from 1 August 2015. Phil has very significant international project management experience in the energy sector, in particular in oil & gas. He held a number of senior positions at the Shell Group, including that of Executive Vice President, Shell Projects and Technology. Prior to Shell, Phil led the management of large scale Oil & Gas projects in a range of international locations for the Bechtel Corporation. James Buckee, Chairman of EnQuest, “I am delighted to welcome Phil to EnQuest as
