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Friday, May 29, 2020

Russia News

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'This could be the one that gets me,' Says Oilfield Service Veteran

," said Andrew Graham, a 20-year Schlumberger veteran cut in April. He was the only member of his sales team in the last bust to keep his job. This time, "There's no work," he said.Graham was attending a family celebration when his mobile phone buzzed with news that top producers Russia and Saudi Arabia ended a four-year pact that limited their oil production."I told my wife, 'This could be the one that gets me,'" Graham recalled in an interview with Reuters.In some ways, the scale of the latest job reductions is unprecedented. Fracking services provider ProPetro

Igor Sechin - Image: Kremlin.ru

Rosneft Re-appoints Sechin as CEO

Russian energy giant Rosneft on Friday re-appointed Chief Executive Igor Sechin, an ally of President Vladimir Putin, for another five years.Sechin, who turns 60 in September, turned the company into one of the world's top oil players and earned the accolade of oil tsar.He starts his new five-year term at a critical time as the coronavirus impact has hammered oil prices and a supply output pact is limiting Russia's ability to produce the fuel that is central to its economy.Sechin rose from being Putin's aide in 1990s to becoming one of Russia's most influential players after he started

Formerly the head of WinGD's slow speed diesel and gas engines business, Rolf Stiefel joins BV as Regional Chief Executive.

Rolf Stiefel Joins Bureau Veritas as Regional Chief Executive

Bureau Veritas (BV) appointed Rolf Stiefel as its new Regional Chief Executive based in Hamburg, responsible for Central Europe - Germany, Austria, Switzerland and Russia. He will be based in the BV regional office in Hamburg and his appointment is effective May 1, 2020. He succeeds Dr. Hans Gaetjens who is retiring in July following a two month hand-over period.For the past 17 years Stiefel has been leading engine sales for WinGD’s slow speed diesel and gas engines including developing the market for WinGD’s X-DF gas fueled engine, at the forefront of the technical and environmental

Illustration - Oil workers - Image by Алексей Закиров - AdobeStock

Report: Petrofac to Let Go 20% of Workforce

most of the industry, are putting in place a number of internal measures to help us 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

© Art Konovalov / Adobe Stock

Widespread Salary and Job Cuts at Schlumberger

.Oil prices have plunged by more than 60% since the start of the year, prompting scores of oil and gas producers to slash spending on drilling and services. On Tuesday, U.S. oil benchmark futures were trading around $20.69 a barrel.The coronavirus pandemic has sharply cut oil demand, while top producers Russia and Saudi Arabia have pledged to pump full bore from April 1, flooding the market with new supply.Schlumberger said its executives will take a voluntary 20% base salary reduction, starting April 1, and worldwide support personnel will adopt unspecified "modified schedules" that reduce salaries

Sergey Frank (Photo: Sovcomflot)

Sovcomflot Elects New Chairman and New CEO

On September 24, 2019, the Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the company's new Chief Executive Officer. Both appointments are with immediate effect.The meeting was attended by Maxim Akimov, Deputy Prime Minister of Russia, who noted in his address: "Through consistent implementation of Sovcomflot's Strategies 2005-2011 and 2012-2018, the company has transformed itself into a global leader in energy shipping and offshore services. Over the past 15 years, Sovcomflot fleet has grown more than threefold. The

(Photo: Sovcomflot)

Sovcomflot CEO to Switch to Chairman

Sergei Frank will step down as president and chief executive of Russian state-controlled shipping giant Sovcomflot after 15 years at the helm, four sources familiar with the decision told Reuters on Tuesday.Frank will give up operational control of Sovcomflot and take over as chairman of the company's board, two of the sources said.It was not immediately clear why Frank, 59, was moving position. A Sovcomflot spokesman referred requests for comment to the company's controlling shareholder, the government.A government spokesman said the state would issue information on a new board of directors

Fred Jeeninga, Cluster Managing Director, Continental Europe (Photo: Svitzer)

Svitzer Appoints Jeeninga, McKeating as Cluster Managers

industry, has recently appointed Fred Jeeninga as Cluster Managing Director, Continental Europe (Netherlands, Belgium, Georgia) and Maurice McKeating as Cluster Managing Director, UK South.Fred Jeeninga holds nearly 20 years of experience from the marine service industry. His work has taken him to Russia, Germany, Denmark, Brazil, and the Caribbean. He has been with Svitzer since 2009, most recently as Operations Manager in Svitzer Americas before taking on his new role.Maurice McKeating has nearly 30 years of international experience, the majority of which were regional or managing director roles

Left to right: Russian Minister of Transport Evgeny Ditrich and Sergey Frank CEO Sovcomflot (Photo: SCF Group)

Sovcomflot and ABB Open Training Center in Russia

The new Vessel Electric Propulsion Training Center at the Admiral Nevelskoy Maritime State University in Russia will help to prepare seafarers for work on vessels equipped with Azipod propulsion systemsThe center will be used to train MSUN cadets, as well as to provide advanced training to commissioned officers of the merchant fleet. It is also planned to conduct research, including scientific and experimental activities, in the area of automation of electric propulsion and vessel power supply.The establishment of the center follows the trilateral research, technological and educational partnership

Alexey Khaydukov (Photo: SCF Group)

Khaydukov Named President of PAO Novoship

The Board of Directors of Russian tanker shipping company PAO Novoship has elected Alexey Khaydukov as the company’s new President.Khaydukov replaces the firm’s previous President, Yury Tsvetkov, who stepped down from his role on August 8, 2018, following his appointment as a Deputy Minister of Transport of Russia, Head of the Federal Agency for Maritime and River Transport.Prior to his appointment, Khaydukov was Managing Director of SCF Management Services (Novorossiysk) Ltd. He will retain this position in addition to his new responsibilities as President of Novoship.Khaydukov has served

Photo courtesy of Equinor

Hundreds of Norway Oil Workers Go On Strike

1.97 million barrels of oil and natural gas liquids a day in 2017, according to BP's Statistical Review published in June.Natural gas production was 123 billion cubic metres last year, BP reported, making Norway the world's seventh biggest producer and Europe's largest gas supplier after Russia.Safe said workers on rigs that conduct exploration or production drilling for oil firms would also walk out on Tuesday.That includes 117 workers from the Transocean Spitsbergen rig; 80 from the Songa Offshore Enabler; 71 from Odfjell Drilling's Deepsea Stavanger; and 60 from North Atlantic Drilling

Photo: Drydocks World

Drydocks World Initiates Health Care Campaign

our continuous process improvement plan and our strategic initiative to prioritize the well-being of our staff. We hope to deliver a better experience at Drydocks World to meet medical needs, while cost effectively improving our medical resources.”Dr. Hesham Abdallah, Galderma Head for ME, Africa, Russia, India and Turkey said, “At Nestle Skin Health we aim to enhance the quality of people’s lives by focusing on science based solutions in skin health and we want to change the way the world talks about skin health. The skin is the largest organ in the body; healthy skin is a reflection

Teruyuki Yamaoka (Photo: YANMAR)

YANMAR Announces Key Appointments

with YANMAR in 2003 as a sales engineer for the leisure marine market in the Benelux, progressing to Area Manager Marine for Europe and then Project Specialist for marine, leisure and commercial high-speed engines with Yanmar Co. Ltd, in Osaka, Japan, before returning to specialise in sales in Europe, Russia and Africa

NAVTOR CEO Tor Svanes with new CTO Anders Holme (Photo: NAVTOR)

NAVTOR Hires Holme as Chief Technology Officer

E-navigation specialist NAVTOR said it has appointed Anders Holme for the role of Chief Technology Officer.     Holme will manage teams that work across offices in Egersund, Norway, Singapore, Japan, Sweden, Russia, the U.S. and U.K. NAVTOR’s main software development takes place at the company’s head office in Egersund and its dedicated base in St Petersburg.   “There is a growing appreciation within shipping that new technology can unlock real operational advantages and business opportunities,” Holme said. “NAVTOR’s product range has shown

Ben Oudman (Photo: DNV GL)

DNV GL Taps Oudman as Regional Manager

to succeed in the years ahead.” Elaborating on the differences in the energy markets which now lie under his new responsibilities in DNV GL, Ben Oudman said: ‘’While Western Europe is rapidly embracing the energy transition across the value chain, the focus in Eastern Europe and in Russia is on gas as the fuel of choice, with security of supply a key concern.  There we see significant investments in transnational pipeline projects such as TANAP and TAP.  In the East Mediterranean, recent developments off the coast of Egypt, Cyprus, Israel and Lebanon are some of the main

Abdullah Aldubaikhi will take over as CEO at Saudi Arabia’s largest shipping company Bahri, effective January 1, 2018 (Photo: Bahri)

Aldubaikhi Named Bahri’s Next CEO

Investment Company (SALIC), where he served as CEO for six years. He previously held senior management roles at several firms, including Afwaf Investment, Awalnet and DowLog Technology Company.   Aldubaikhi is a member of the joint business councils between Saudi Arabia and the nations of Canada, Russia and France, and sits on the board of directors of several local and global companies, including Bank Alkhair, Alessa Industries, Abdullah Abdulghani & Bros. Co. W.L.L., G3 Global Grain Group (G3), and United Farmers Holding Company (UFHC). He holds an Executive MBA from the University of Oxford

Glander International Bunkering Announces Promotions

.   In the Middle East and Indian subcontinent market, Abdur Rahman, who joined the Dubai office in 2013, has been promoted to Senior Bunker and Lubricant Trader.   Laura Toplar joined the Glander International Bunkering group in 2014 as Bunker and Lubricant Trader in Turkey, Russia, Ukraine and the Black and Mediterranean Sea, and has now been promoted to Senior Bunker and Lubricant Trader.     Elza Adamyan has also been promoted to Senior Bunker and Lubricant Trader and will continue to handle the regional areas of Middle East and Africa. Adamyan began her career

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