Chris Weber Steps In as Valaris CFO
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 executive officer Anton Dibowitz said, “I am pleased to welcome Chris to the Valaris executive management committee, and I look forward
Eidesvik Offshore Names Cotgrove as New CFO
;Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar AS. Cotgrove previously worked as Halliburton's director of corporate development in Houston, where she was in charge of global M&A deals.Cotgrove holds a degree in accounting and auditing and an MBA in Management control from the Norwegian School of Economics and Business Administration (NHH). She is also a state-authorized public
Valaris Announces Executive Leadership Changes
with the company after Lyne joins.Weber previously served as chief financial officer of LUFKIN Industries, the provider of rod lift optimization solutions, products, technologies and services to the oil and gas industry. He has also served as chief financial officer of Abaco Drilling Technologies, Halliburton and Parker Drilling Company, and also held senior finance roles at Valaris predecessor companies, Ensco and Pride International.Lyne joins Valaris from Seadrill, where he served in a number of senior marketing and commercial roles for more than 12 years, most recently as executive vice president
PTL Marine Hires Two Managers on US West Coast
West Coast market,” said Tounkara, “I look forward to helping our team exceed our customers’ and partners’ EHS goals while delivering the high quality of service they’ve come to expect.” Tounkara brings varied EHS experience from previous roles with Chevron, Halliburton and Ross Stores, Inc. He attended Taft College and California State University, Bakersfield.“Leading the team in Seattle for PTL Marine at this moment in their history is an amazing opportunity for me,” said Donnie Lowe, “the team is focused on optimizing our efficiencies in
Talos CEO Becomes Vice-Chairman of U.S. Offshore Industry Body NOIA
Tim Duncan, CEO of Talos, an oil and gas company focused on exploration and production in the Gulf of Mexico, has been appointed Vice Chairman of the U.S. National Ocean Industries Association (NOIA).Duncan will join NOIA Chairman and Halliburton Vice President Industry Relations Galen Cobb as an NOIA National Officer. Galen has been the NOIA Chairman since April 2020. Following the vote by the NOIA Board of Directors, NOIA President Erik Milito said, “The offshore industry has a powerful story to tell, and Galen and Tim’s leadership will help us tell it. Not only does our
Norwegian Petroleum Directorate Names New Senior Management Team
within these fields. He has also held a number of different positions within communication in the group, including as press spokesperson and director of communications.Skauby has also lectured in marketing management at BI for ten years and has worked with communications and contracts in Subsea 7, Halliburton, and the Norwegian Defence Estates Agency.Erik Garshol (48) has been hired as Director of organization and IT.Garshol’s responsibilities will include organizational and management development, HR and wage policy, finance, building management and IT operations and development.Garshol has
Weatherford CEO Steps Down
that Mark A. McCollum, President, Chief Executive Officer, and a director, has left the company, effective immediately. McCollum, an executive with four decades of experience in the oil and gas industry, joined Weathearford as CEO in 2017, having previously served as CFO at rival service company Halliburton.He will now be replaced by Karl Blanchard, Executive Vice President and Chief Operating Officer, and Christian Garcia, Executive Vice President and Chief Financial Officer, who will form the Office of the Chief Executive, reporting directly to the Board of Directors and will oversee the day to
'This could be the one that gets me,' Says Oilfield Service Veteran
Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came to a halt.A third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews. He sailed through several busts, with the exception of a 9-month break in 2016.But April's historic price crash, which has left U.S. crude prices down 50% since January, put him and tens of thousands of oil service veterans out of work. The cuts have gone deep into the ranks of managers, taking seniority and skills
ASCO Names New CFO
Offshore oil and gas logistics company ASCO has appointed Gary Paver as its new Group Chief Financial Officer.Paver is a Chartered Accountant with over 25 years' experience in oil and gas including roles with Halliburton, Petroleum Engineering Services and most recently as Senior Vice President, Finance for KCA Deutag.Commenting on his appointment, Paver said: "I am proud to be joining a company that is leading the way in its field. ASCO has an exceptional reputation and I believe is in a fantastic position to maximize this within existing and new markets.“I have gained considerable
Xodus Hires Bell as Decom Manager
. He joins from Repsol Sinopec Resources UK where he led a number of P&A projects through early planning phases including rig option selection and the development of P&A cost models. Previously, he worked for DONG Energy in Denmark and spent 20 years working with well service contractors, Halliburton and Baker Hughes INTEQ. Before joining the oil industry, he completed training in marine engineering and industrial engineering.Xodus said the appointment follows a successful year for its decommissioning division which secured several new clients and won more than £2 million of work.Enrico
Miller Takes Over as Halliburton Chairman
Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective January 1, 2019, following the retirement of executive chairman Dave Lesar on December 31, 2018.Robert A. Malone will continue as lead independent director of the Halliburton board of directors.Miller has served on Halliburton's board since 2014, and has been the company's president and CEO since 2017. He has held other roles including president of Halliburton from 2014-2017 and executive vice president and chief
Halliburton Appoints Loeffler CFO
Halliburton Company said that Lance Loeffler, previously vice president of Investor Relations, has been promoted to Chief Financial Officer.Loeffler will lead the company’s financial functions, including financial planning and analysis, accounting and financial reporting, tax, internal assurance, treasury, corporate development and investor relations. Chris Weber is leaving the company to pursue other opportunities."We believe Lance’s financial expertise, along with his knowledge of Halliburton and experience with the investment community, makes him best suited to lead our financial
M² Subsea Appoints US GM, SVP Commercial
gas industry. Most recently, he was commercial manager of Bibby Offshore’s North American subsea division, where he played an integral role in growing the company’s global footprint, establishing business links in a number of emerging regions. Prior to this, he was commercial manager for Halliburton’s Pipeline and Precommissioning business in Aberdeen. Based in Houston and Aberdeen, M² Subsea is the largest independent provider of ROV services, focused on reducing costs and risks to meet the demands of the low oil price environment
RigNet Names Jabbia VP, N. American Sales
in the upstream oilfield services sector. During Trent’s 12-year tenure at RigNet, he has held positions as a Field Engineer, Sales Executive, Offshore Sales Team Lead, and a Global Sales Executive. Prior to joining RigNet in 2005, Jabbia worked as a Senior Technical Professional for Halliburton, where he led a crew of service operator technicians in conducting highly technical downhole acquisition services at remote well sites on land and in the Gulf of Mexico. Jabbia holds a Bachelor’s of Science in Electrical Engineering from the University of Louisiana at Lafayette
Diamond Offshore Names Senior VP, CFO
as Senior Vice President and Chief Financial Officer, to be effective May 3, 2016. Youngblood succeeds Gary T. Krenek, who is retiring after 33 years of service to the Company and its predecessors. Prior to joining the company, Youngblood held a variety of managerial positions with Halliburton Company, where he most recently served as Vice President, Investor Relations. Youngblood joined Halliburton in 1988 as a Staff Accountant and served in numerous financial management positions for Halliburton and its subsidiaries, including Senior Director, Finance - Western Hemisphere and Director
Stokes & Spiehler Announces Management Promotions
workover field operations on wells, as well as detailed project design, procedure writing, cost estimate preparation and regulatory compliance. He earned a bachelor’s degree in Civil Engineering and Petroleum Engineering at the University of Southwestern Louisiana. Bellard previously worked with Halliburton prior to joining Stokes & Spiehler in 2001. In his new role as Vice President - Onshore Operations, Bellard will oversee onshore and inland water efforts across all active oil and gas regions, and he will work with the engineering team to fully evaluate each project’s scope and landscape
Norway Labor Union in Small Expansion of Oil Industry Strike
added. Union officials would meet next week to review the state of the strike and what to do next, he said. Mediation between Industri Energi and the Norwegian Oil and Gas Association broke down earlier this week, triggering the initial strike at the Norwegian units of Schlumberger, Halliburton, Baker Hughes, Oceaneering and Oceaneering Asset Integrity. The negotiations were on behalf of about 6,500 union members at around 30 companies. Norway is western Europe's top oil and gas producer, with state-controlled Statoil its largest firm. Reporting by Terje Solsvik
