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Monday, December 23, 2024

State Oil News

Mathieu Philippe, Commercial Director of Bureau Veritas Marine & Offshore (Photo: Bureau Veritas)

Philippe Named Commercial Director of Bureau Veritas Marine & Offshore

Senior Vice-President, Commercial and then Chief Operating Officer of the team growing the fleet from eight to 24 MR and LR Tankers, helping establish UACC as a major Middle Eastern Tanker Owner.After nearly 15 years in Dubai, Philippe moved to Geneva to lead the Shipping Company of SOCAR Trading (the State Oil Company of the Azerbaijan Republic) focusing on chartering oil tankers.He holds a master’s degree in International Marketing from EDHEC Business School

Helge Lund  Photo courtesy of BP

BP Names Former Statoil Boss Lund as Next Chairman

after recovering from a deadly oil spill in 2010.Lund, who also led BG Group during its acquisition by rival Royal Dutch Shell, will replace Carl-Henric Svanberg, chairman of BP for almost nine years, at the beginning of next year.The 55-year-old Lund steered Statoil through its transformation from a state oil company into a leading global player, and is likely to have to navigate BP through the succession of its veteran CEO Bob Dudley later this decade."It is a good appointment," said Rohan Murphy, analyst at asset manager Allianz Global Investors."He has already had a great career and

Rob Nakama (Photo: Saltchuk)

Rob Nakama: From USCG to Foss Maritime

vessels, two shipyard, and our fueling facility in Portland, Oregon,” he said.   Nakama’s other responsibilities include maintaining the response readiness of Foss employees through the conduct of drills and exercises, which often include participation from the U.S. Coast Guard and state oil spill prevention regulatory agencies.   “What I really like most about my position is the continual learning of regulatory requirements from an industry perspective,” he said. “I’m now on the ‘other side’ of the table. My greatest challenge has been the

Workers at Ivory Coast's Petroci Launch 72-hour Strike

Employees at Ivory Coast's state oil company Petroci began a 72-hour strike on Tuesday to protest a wave of recent layoffs as union leaders threatened to broaden the walkout to other oil firms if the workers' demands were not met.   "Our employer violated all the rules and refuses to agree to the workers' demands. We have in front of us an employer that doesn't respect anything," said Jeremie N'Guessan Wondje, a Petroci employee and secretary general of the SYNTEPCI union.   (Reporting by Ange Aboa)

Eastern Libya Appoints New Chairman for its State Oil Firm

Libya's internationally recognised government has appointed Naji al-Maghrabi as chairman of its state oil firm NOC based in the east of the country, an oil official said on Saturday. The move is largely symbolic as oil production and the marketing of exports are controlled by the established state oil firm, also known as NOC, in Tripoli where a rival government is in charge. The official government has been based in the east since losing the capital to the rival administration a year ago. It has appointed a head for an oil firm NOC based in a separate headquarters in the east but oil customers

Nigerian Oil Workers Call Off Strike After Talks with Government

  Nigerian oil workers' unions have called off a four-day strike after reaching a deal with the government in a dispute over pensions, they said on Saturday. A joint statement from the two main unions also said they had agreed to resolve directly with the state oil firm an outstanding issue over problems concerning refineries. Oil companies and the government had said the strikes, which began on Tuesday, did not affect exports, despite threats from the unions that they would shut down terminals. (Reporting by Camillus Eboh; Writing by Tim Cocks; Editing by Greg Mahlich)  

President Goodluck Jonathan

President of Nigeria Dismisses Heads of State Oil

  Nigerian President Goodluck Jonathan has replaced the top four executives of Nigeria National Petroleum Corporation, according to his office said Saturday, speaking on one of the most powerful institutions in the country and source of 80 percent of state revenues. Joseph Thlama Dawha replaces Andrew Yakubu as CEO of NNPC Group. Reuben Abati, spokesman cabinet Goodluck Jonathan, declined to give further details. A senior source in the presidency, who requested anonymity, said it was because Jonathan did not like how Yakubu managed parliamentary investigation which was carried out in

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