Maritime Jobs
Friday, October 23, 2020

Energy Jobs News

Mads Nipper - Credit: Grundfos

Offshore Wind Giant Ørsted Names New CEO

in leading global companies, the Board is confident that Mads Nipper is the right person to lead Ørsted in the next phase of our exciting journey," Andersen said.Mads Nipper, Ørsted’s next CEO and Group President said: "The challenge we face in transforming the world’s energy systems from fossil fuels to renewable energy to avoid the catastrophic consequences of climate change is more pressing than ever and requires action in all parts of society. As one of the five largest renewable energy companies in the world and with a clear ambition to be a leader in the global

(Photo: ExxonMobil)

Exxon Considering Global Job Cuts after Lay-Off Plan in Australia Revealed

Exxon Mobil Corp is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off program in Australia.Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic.The company has slashed capital spending this year by 30% to around $23 billion and said in August it planned both capital and operating expense cuts to defend its dividend after reporting losses in the first and second quarters."We have evaluations underway on a country-by-country basis to assess possible

A Dana Petroleum FPSO in the North Sea

Dana Petroleum Names New CEO

Dana Petroleum, a North Sea-focused subsidiary of South Korea's KNOC, has appointed Jongwoo Kim as its new CEO.Kim joins Dana Petroleum from its parent company Korea National Oil Corporation.Jongwoo succeeds the previous CEO Yongwoo Kang who has returned to Korea to take up the role of Senior Executive Vice President – E&P at KNOC. Kang will continue his association with Dana as chairman of the Dana Board of DirectorsThe new CEO of Dana Petroleum joined KNOC in 1992 and has worked in many different areas of the business including New Ventures, managing subsidiary companies, the oil

Daniel Fitzgerald will be Lundin's new Chief Operating Officer/Image Credit: Lundin Energy

Lundin Energy Names New Chief Operating Officer

Swedish oil and gas company Lundin Energy on Friday said it would appoint Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective January 1, 2021.The appointment follows the news issued three days prior, informing that Nick Walker, the current COO of the Norway-focused oil company, would replace Alex Schneiter as President and CEO. Schneiter has decided to step down at the end of the year.The new COO, Fitzgerald, is currently COO of International Petroleum Corporation (IPC), a Lundin spinoff with assets in Malaysia, France, and Canada, having previously held senior management

Illustration - Credit: NickEyes/AdobeStock

Norway: Unions, Employers Agree Wage Deal, Averting Strike

Norwegian workers reached a deal with employers on Friday over wages at shipyards and a wide range of other manufacturing industries, averting the outbreak of a major labor dispute, the largest union of the private sector said.Some 28,000 workers had been scheduled to go on strike if no agreement was found, and a conflict could also have spread to other industries.The United Federation of Trade Unions, also known as Fellesforbundet, said the deal gave a pay increase of 0.5 Norwegian crowns ($0.06) per hour of work.Employers had warned that a strike amid the COVID-19 pandemic could have resulted in

Credit: Алексей Закиров - AdobeStock

Oilfield Services Employment Diving to 10-Year Low

count in over 10 years, as a consequence of the COVID-19 pandemic, low oil prices, and cuts in spending by the oil companies."The oil market turmoil brought on by Covid-19 has led to lower-than-anticipated activity and delayed projects, forcing the industry to deploy cost-cutting measures. Rystad Energy analysis of the top 50 oilfield service (OFS) firms shows that staffing is set to reach its lowest level in more than 10 years, with the anticipated revenue per employee also declining towards the previous downturn’s level," Norwegian energy intelligence group Rystad Energy said Tuesday

Anders Søe-Jensen / Image Credit: Bladt Industries

Bladt Names Offshore Wind Specialist as Its New CEO

Danish offshore construction company Bladt has appointed Anders Søe-Jensen, the former head of both Vestas Offshore Wind and GE Offshore Wind, as its new CEO.He will be succeeding Klaus Steen Mortensen who has decided to step down due to a chronic but not a life-threatening heart condition. Mortensen has been in charge of the company specializing in the construction of steel structures for offshore renewables and oil and gas industry for almost three years.Mortensen said: "My prime focus has been on creating a far more efficient, predictable and stable company that can compete without

Francesco Gattei -  Eni CFO/Image Credit: Eni

Eni Names CFO

implementing Eni’s economic and financial strategy during this important phase of accelerating the company’s decarbonization plan.Born in Bologna in 1969, Gattei graduated in Economics and Commerce at the University of Bologna with a thesis on the oil market. He obtained the MEDEA (Master in Energy and Environmental Management) Master’s from the Scuola Mattei in 1994.Over the years he's held various roles in Eni. In 2014, he was appointed Head of Investor Relations and also acted as Secretary to Eni's Advisory Board from 2016 to 2019.Eni last week reported a net loss of &euro

Tim Duncan - Credit: Talos

Talos CEO Becomes Vice-Chairman of U.S. Offshore Industry Body NOIA

. 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 industry deliver energy, jobs and growth in an environmentally-responsible manner, we tangibly raise the quality of life for society. Even among unprecedented global uncertainty, the world will continue to need safely and reliably produced oil and natural gas and wind energy.” NOIA Chairman Galen Cobb said, &ldquo

Image by dragancfm/AdobeStock

Massachusetts Institutions Get Grants for Offshore Wind Workforce Training

consumed in the state.First Major US Offshore Wind Farm Reaches Permitting Milestone“Expanding training and educational programs for the offshore wind industry will pave the way for the Commonwealth’s talented local workforce to take advantage of rewarding new job opportunities in clean energy,” said Lieutenant Governor Karyn Polito. “We are pleased to partner with Vineyard Wind and Mayflower Wind to support the offshore wind industry, our local colleges, the commercial fishing community, workforce development organizations, and organized labor as they seek to help Massachusetts

In Guyana, Exxon produces oil via the Liza Destiny FPSO (File photo: Hess Corp)

Exxon Names Country Head in Emerging Hot Spot Guyana

insists he has not interfered with the vote or the ongoing court review.Exxon expects to produce 750,000 barrels per day of crude in Guyana by 2026, but has said the political uncertainty has delayed government approvals for its third offshore project.Mark Bynoe, the Guyanese government's director of energy, has said Exxon must make improvements to its Payara plan. Routledge replaces Rod Henson, who was recently named Exxon's vice president for wells in Houston. (Reporting by Neil Marks in Georgetown and Luc Cohen in New York; Editing by Dan Grebler)Webinar: Floating Production Forecasts

Adonis Pouroulis - Chariot Oil and Gas acting CEO / Image Credit: Chariot Oil and Gas

Chariot Oil & Gas CEO Steps Down. Acting CEO Named

he has made to Chariot over the past 9 years and we wish him all the best with his future endeavors.""We remain fully committed to further progressing our Lixus asset, as we believe the license contains considerable upside potential and is attractive to a wide range of businesses across the energy value chain.  The new team in place have considerable entrepreneurial experience and the required in house skill sets to pursue other opportunities available to us.  We will keep our stakeholders appraised on developments as appropriate and we look forward to updating the market in due

Tareq Kawash / Credit: McDermottt

McDermott Names Senior VP for EMEA Region

Engineering and construction company McDermott International Ltd. has appointed Tareq Kawash as Senior Vice President for its Europe, Middle East and Africa (EMEA) region.Kawash was formerly the Senior Vice President for the Europe, Africa, Russia and Caspian (EARC) region, which has been combined with the Middle East North Africa (MENA) region.David Dickson, President and Chief Executive Officer of McDermott, said, "Tareq has a wealth of experience and is a strategic, high-performing leader who understands the challenges and opportunities of our business and is committed to finding the best

Image credit: marcin jucha/AdobeStock

Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

;s announcement of support for employers, including the Job Retention Bonus and moves to support more traineeships and jobs for young people.The representative body for the sector OGUK said that the UK faces a once-in-a-lifetime opportunity to deliver moves to a lower carbon and more diverse energy mix, "reinforcing the importance of the sector deal currently being discussed with the UK Government."OGUK Chief Executive Deirdre Michie said: "The Chancellor’s announcement provides welcome support for companies in the UK’s offshore oil and gas industry affected by the

A semi-submersible drilling rig in Brazil - Image by lazyllama/AdobeStock

Petrobras: 10,000 People Accept Voluntary Buyouts

Some 10,000 employees of Brazil's Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on Wednesday, as the state-run oil company intensifies its quest to slim down and refocus on core businesses.In a webinar hosted by Brazilian newspaper Valor Economico, Castello Branco said the deadline for employees to sign up for the program was Tuesday. Some have already left, while most will leave the company later this year or in 2021."We have approximately 10,000 people signed up, which means 22% of Petrobras' employees are going to

Image for illustration; Credit: Hunting

Hunting Slashes 25% of Workforce

said.Sales at the company's biggest unit Hunting Titan slumped nearly 40% during the half-year, compared with the second half of 2019, hammered by reduced U.S. onshore activity levels.The British firm also announced a more than 50% cut in its $22 million budgeted annual capital expenditure.Global energy companies have cut their spending to save cash after oil prices collapsed on weak fuel demand due to the coronavirus crisis.Hunting, however, said it does not anticipate drawing down on its $160 million secured revolving credit facility at this time, as its cash position remains healthy. (Reporting

Shell’s Appomattox platform in the Gulf of Mexico. Photo courtesy of Shell

Shell Taps Danos for U.S. Gulf of Mexico Workforce

U.S. oilfield services provider Danos has won a contract with Shell to provide a production workforce across Shell production assets in the Gulf of Mexico.The assets to be covered by the agreement include Appomattox, Auger, Enchilada, Salsa, Mars, Ursa, Olympus, Perdido and Stones.While Danos informed of the Shell deal on Thursday, June 25, the three-year contract began on May 1.The deal will see 144 Danos personnel employed in a variety of positions including crane operations, control room and process operators, electricians, electronic technicians, instrument technicians, logistics, and onsite

Jim House, Neptune Energy CEO - Credit: Neptune Energy

Neptune Energy Plans to Let 400 Office Workers Go

Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices."We anticipate approximately 400 roles across nine countries to be impacted by these proposals, with around half of these staff positions and half contractor positions. The impacted roles would be office-based and operations would not be impacted by these proposals," Neptune said in a statement sent to Offshore Engineer. Neptune's current workforce - including staff and contractors - is around 1,900.

A PGS vessel - Credit: PGS

PGS Laying Off 40% Office Workers. Offshore Crews Might Be Cut, Too

and Sanco Swift. We plan to warm-stack one additional vessel during Q3."Tough times for seismic playersOffshore seismic contractors, especially the owners of survey vessels, are the ones who will suffer the most from low oil prices and COVID-19 when it comes to the oil and gas supply chain, Rystad Energy said in its recent analysis.The Norwegian energy intelligence recently said that offshore seismic revenues were estimated to fall in 2020 by 51% in a $30 Brent scenario and by 77% if the Brent falls to $20, compared to levels seen in 2019

Ole Maier - Credit: KCA Deutag

KCA Deutag Appoints New President of Offshore Branch

Drilling and engineering company KCA Deutag has named Ole Maier its new President of Offshore Business Unit.Maier, who has most recently served as Executive Vice President for Odfjell Drilling's Platform Drilling Operations, has succeeded KCA Deutag's Rune Lorentzen who will be retiring."Ole joins KCA Deutag, bringing decades of industry experience and a strong track record as a strategic leader in the global offshore services sector. Ole succeeds Rune Lorentzen, who will be retiring after helping with the transition. We take this opportunity to also thank Rune for years of great contributi

Even Larsen - Credit: Ocean Installer

Fred. Olsen Ocean CEO Moves to Ocean Installer to Lead Offshore Wind Business

in the ongoing global transition from oil and gas to renewable business”, says Odd Strømsnes, CEO in Ocean Installer.  "Even’s capabilities and track record are of great relevance to our new initiative, where we together with our clients will play an important role in the energy transformation to a greener and more sustainable energy mix."Even Larsen has a Master’s Degree in “Marine Engineering and Naval Architecture” from NTNU, and has extensive executive and operational experience from the offshore wind construction and service business. He

David C. Lawler,- Credit: BP

BP Names Next BP America Chief

British oil major BP has announced that David C. Lawler, currently CEO of its U.S. shale business BPX Energy, will add to his portfolio the responsibilities of chairman and president of BP America Inc., succeeding Susan Dio on July 1, 2020.BP said Lawler would become BP's chief representative in the United States. "With 13,000 employees and $30 billion invested since 2016, BP has a larger economic footprint in the U.S. than anywhere else in the world. In 2019, these businesses accounted for a third of BP's global revenue. Lawler will take the helm as BP embarks on a new ambition to

Carl Trowell - Image Credit: Acteon

Former Ensco Boss Named New CEO of Acteon

Offshore services group Acteon will appoint Carl Trowell as Group Chief Executive Officer, succeeding Richard Higham, effective June 1.Trowell, with 25 years of experience in a wide range of roles across the energy sector, joins Acteon from the offshore drilling contractor Valaris plc.He joined Ensco in 2014 as Chief Executive and subsequently became Executive Chairman in 2019 following its merger with Rowan Companies and rebranding as Valaris.Prior to Ensco, he worked for Schlumberger, world’s largest oilfield services company, holding a variety of leadership positions for 17 years including

(File Photo: Esvagt)

Esvagt CEO: No Job Cuts and Furloughs

are cutting jobs across the board as one of the ways to preserve cash, there's one offshore vessel operator that, while indeed cutting salaries, is keeping the jobs in place.Esvagt, the Danish provider of emergency response and rescue vessels (ERRV) and service operation vessels (SOV) to the offshore energy industry, mostly in the North Sea, earlier this month said it would cut executive and staff pay, and delay investments.The pay cuts and investment delays are a response to the low oil prices and the COVID-19 pandemic, which have impacted, per ESVAGT, the ERRV spot market, a large part of the company'

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

Noble Sam Croft drillship - Image by Robby Norman - MarineTraffic

New CEO for Noble Corp

Offshore drilling company Noble Corporation has executed the leadership transition plan announced in February 2020 and now has a new CEO.  Robert W. Eifler has been named President and Chief Executive Officer and has been elected as a member of the Board of Directors. He first joined Noble in 2005 has most recently served as Senior Vice President, Commercial-Julie J. Robertson, who has been the CEO until now, has assumed the newly created role of executive Chairman of the Company's Board of Directors. Also, Kevin S. Corbett has been elected to the Board of Directors to replace a board

Neal D. Shah - Credit: Kosmos Energy

Neal D. Shah Assumes Kosmos Energy CFO Position

Oil and gas firm Kosmos Energy on Monday said that Neal D. Shah would become the company’s Senior Vice President and Chief Financial Officer effective May 11, 2020.The management change comes following Kosmos Energy's announcement back in February that Thomas P. Chambers would retire as the chief financial officer, a post he has held since November 2014.Neal D. Shah moves to the CEO position from his senior vice president and deputy chief financial officer post. Shah’s annual base salary remains unchanged at $460,000 and his target annual bonus opportunity remains unchanged at 75%

Image Credit: TechnipFMC (Cropped)

TechnipFMC Cutting Jobs in Norway

Franco-American oil services company TechnipFMC plans to cut up to 700 jobs across its sites in Norway due to the turbulent oil market situation, a spokesman for the company said on Tuesday.TechnipFMC, whose customers include major oil companies, said it employs 3,100 staff in Norway, and both permanent and temporary staff will be affected."TechnipFMC confirms that, due to the unprecedented market situation, the Board of Directors for TechnipFMC in Norway have approved a reduction in the workforce," the spokesman said in a statement, adding that it plans to finalize the process by end of

Illustration; Image by wanfahmy / AdobeStock

UK: Around 30,000 Offshore Oil & Gas Jobs at Risk

will be reduced by 10-20%, compared to expectations at the start of the year, to around £6-7billionOGUK has also warned that drilling activity this year could be down by 50% on 2019 levels – pushing activity levels to record lows, and the industry body has called for urgent action to protect energy security, jobs, and energy regions."The position of many areas of the supply chain is increasingly fragile. Revenues and margins across the supply chain are expected to fall by 20-30 percent, on top of reductions seen during the last downturn. The impact on businesses will vary depending on

Oil workers - Image by Алексей Закиров - AdobeStock

UK Offshore Workers Call for Gov't to Invest in Oil Projects

that were on the books for 2020/21 were based on an oil price of $x while the oil price is now at $y; therefore the government could bridge the gap with an investment, rather than paying benefits... Keep workers working, keep the economy going and growing."Britain's Department for Business, Energy and Industrial Strategy and the sector regulator, the Oil and Gas Authority (OGA), had no immediate comment on the unions' proposal.(Reporting by Shadia Nasralla Editing by Mark Heinrich

Bjørn Thore Ribesen - Image Credit: Aker Energy

Vår Energi Names VP Field Development

Norwegian oil and gas firm Vår Energi will appoint Bjørn Thore Ribesen (49) to a newly created position as VP Field Development & Projects.Ribesen joins Vår Energi as from the position of Senior Vice President, Drilling & Wells in another Norwegian oil firm Aker Energy."We are very pleased with getting Bjørn Thore on board. In addition to his technical expertise, he is a highly experienced and well-liked leader. We are a company with ambitions, committed to a long-term development of the Norwegian Continental Shelf, and Bjørn Thore’s in-depth knowledge

Masato Yamada - Image Credit: MHI Vestas

MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager

Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries, said Wednesday Yamada would oversee the company’s growth across the Asia Pacific region. He was formerly the company’s Chief Strategy Officer based in Aarhus, Denmark, and will now be based in MHI Vestas’ Tokyo office."Mr. Yamada has been with MHI Vestas since the formation of the joint venture between the two parent

For Illustration; Offshore Oil Workers  - Image by Алексей Закиров - AdobeStock

OMV Might Cut Jobs Due to COVID-19, Low Oil Prices

Oil and gas group OMV plans to extend a 4 billion euro ($4.35 billion) cost-cutting program, its chief executive said, adding it may cut jobs due to the coronavirus crisis and a slump in energy prices.Major oil producers with operations around the world have cut their 2020 capital spending by about 25%, or nearly $55 billion, following the drop in crude prices."I expect... further cost savings programs this year," OMV chief executive Rainer Seele told German daily Handelsblatt in an interview published on Wednesday.OMV has already said it would cut spending by about 20% this year and has

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

Bleo Holm FPSO used for production from Repsol Sinopec's Blake and Ross fields - Image Credit: Repsol Sinopec

Repsol Sinopec Resources UK Names New CEO

UK North Sea-focused oil company Repsol Sinopec Resources UK Limited has appointed Jose Luis Muñoz as its Chief Executive Officer, effective April 1, 2020.Muñoz replaces Bill Dunnett, who had been in the CEO since 2015. Repsol Sinopec said Dunnett was stepping down "as planned following the end of his contract on March 31st."Muñoz joined Repsol in 2005 and has most recently been Managing Director of Repsol’s UK business unit, based in Aberdeen. During that time he has also served (2017-20) as a member of the joint venture’s ExCom, supporting the business’

© 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

For Illustration; Polarcus Adira - Image by Thomas Reid - MarineTraffic

Polarcus to Cut Jobs, Salaries

Marine seismic company Polarcus is set to reduce workforce and employees' salaries, and stack survey vessels, as a response to the uncertainty marine seismic industry is facing in the wake of the coronavirus pandemic, and the current low oil prices.Polarcus on Tuesday evening announced cost-cutting measures, which the company expects to save it $15 million in 2020.These include reducing personnel costs onshore and offshore by approximately USD 6.5 million through a combination of redundancies and a reduction in base salary for Polarcus employees for six months effective 1 April 2020. "This

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

Michael Hennigan (Photo: Marathon Petroleum)

Hennigan Tapped as New Marathon CEO

Marathon Petroleum Corp.named  Michael Hennigan, the head of its midstream business, as its new chief executive officer effective immediately.Hennigan replaces Gary Heminger, whose departure was announced last year when the largest U.S. independent refiner launched a sweeping restructuring that included the spinoff of its Speedway retail operation.Reuters reported last week that Marathon was considering a sale of assets worth as much as $15 billion at its midstream business MPLX LP, looking for a cash boost at a time when a looming economic slowdown triggered by the coronavirus outbreak and lower

Chris Johnstone (Photo: DeltaTek)

DeltaTek Appoints Johnstone

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

Dan-Bunkering DMCC Welcomes Three New Bunker Traders

Dan-Bunkering said it has hired three new Bunker Traders in its Dubai office.Benedek Nagy was born and raised in Hungary, however, at the age of 18 he moved to Denmark to study International Shipping and Trade as well as gain experience within the shipping industry.Fabio Rossetti grew up in Denmark and holds a graduate diploma in Managerial Economics and Innovation Management from Copenhagen Business School.Nemish Jose is of Indian descent. He is an MBA Port & Shipping Management graduate from Indian Maritime University and speaks English, Hindi, Malayalam, and Tamil. Furthermore, he has six years

Marco Wirén(Left) and Arjen Berends. Photos: Wärtsilä Corporation

Marco Wirén Appointed President at Wärtsilä

Marco Wirén, M.Sc. (Econ.), has been appointed President of Energy Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective October 1, 2018.In this position, he is responsible for Wärtsilä's Energy Solutions business globally, and will report to President & CEO Jaakko Eskola.Wirén is currently the Chief Financial Officer of Wärtsilä, holding this position since August 2013. Prior to joining Wärtsilä, he had broad-ranging experience of financial management and international business managemen

Antony Quin (Photo: IWCF)

Free Training Course Aims to Cut Human Error in O&G

A new training initiative to help prevent oil and gas incidents by focusing on human behaviors has been launched free to industry by the International Well Control Forum (IWCF).Experts in human factors and strategic leadership developed the online training course with IWCF, the independent, not-for-profit organisation which sets international training standards for well control.Research findings for the creation of the Well Operations Crew Resource Management (WOCRM) awareness course show that better understanding of leadership, situational awareness and decision making can reduce the impact of

Teekay Offshore Taps Steinsland as CFO

with the Partnership, the Teekay Offshore Group) effective September 3, 2018. The Partnership’s interim CFO, Tim Cowan, will step down effective September 3, 2018, but will remain with the Partnership for a period of time to ensure a smooth transition.Steinsland brings approximately 30 years of energy and offshore industry experience, including most recently serving as CFO of drilling contractor Songa Offshore SE, where he was a member of the senior management team and oversaw strategic financial planning and reporting, and established a proven track record of accretive contract renegotiations

Schlumberger CFO Ayat to Retire Soon

Schlumberger NV Chief Financial Officer Simon Ayat plans to retire this year and a company insider has emerged as top candidate to replace him at the world's largest oil services firm, three people familiar with the matter told Reuters.Stephane Biguet, currently vice president of finance, is the frontrunner to replace Ayat, according to the people who declined to be named because the matter is not yet public.Schlumberger declined to comment.The CFO change would come as rising oil prices and dwindling producer reserves are helping lift demand for oil services, which were hit hard by the 2014 oil

ExxonMobil Hires Crude Trader in Singapore

Crude oil trader Michael Huang is expected to join Exxon Mobil Corp in Singapore soon as the U.S. major expands its trading team to sell its oil into China, the world's top importer of the commodity, three industry sources said.   Huang was recently a Singapore-based crude trader for Chinese independent refiner Wonfull Petrochemical, purchasing feedstock for its Shandong refinery and carrying out hedging activities. He left the company in late June, the sources said on Monday.   Before Wonfull, Huang has worked for China's CEFC International Singapore, the Intercontinental Exchange (ICE)

(File photo: Port Corpus Christi)

Corpus Christi Gearing Up to Handle US Shale Export Boom

loading the tankers offshore, he said. The project will deepen the channel to 54 feet for larger tankers, he said.Oil export capacity from the Corpus Christi area is expected to rise to 3.3 million bpd by 2021 from 1.3 million bpd this year, keeping its rank as the top oil export port, according to energy research firm Wood Mackenzie.This year, the south Texas port received $36 million from the U.S. federal government to start work on a $335 million expansion that would allow Corpus Christi by 2021 to accept tankers with capacity of 1 million barrels of oil . The port contributed another $44 million

CNOOC Announces Director Change

Chinese national oil company CNOOC Limited said it has appointed Wang Dongjin to replace Wu Guangqi who has retired as a Non-executive Director and a member of the Remuneration Committee effective April 27.

Courtesy Aker Solutions

Aker Solutions Upgrades Aberdeen Site

 Aker Solutions today officially opens its upgraded Aberdeen services facility to help capture subsea sector growth in the UK and elsewhere. Demand is increasing globally for services at oil and gas fields offshore, including in the UK. Energy companies are seeking to maximize production and returns from existing assets and infrastructure amid tighter budgets. "Our investment in the Aberdeen services base demonstrates our commitment to the North Sea, a mature basin where we see opportunities," said Sian Lloyd Rees, Aker Solutions’ UK country manager. "It’s

Margareth Øvrum (Photo: Ole Jørgen Bratland / Statoil)

Changes in Statoil's Top Deck

executive in the international development and production division, who was once chief of staff to BP CEO Bob Dudley.Tim Dodson remains Statoil's head of exploration."The changes in top management and our business area structure will strengthen our ability to deliver ... as we develop as a broad energy company", chief executive Eldar Saetre said in a statement.In March, Statoil said it was changing its name to Equinor to reflect its move to become a broad energy company.(Reporting by Joachim Dagenborg Editing by Matthew Mpoke Bigg and Jane Merriman

Helge Lund  Photo courtesy of BP

BP Names Former Statoil Boss Lund as Next Chairman

pounds ($48 million).Lund will join BP's board as chairman designate and a non-executive director on Sept. 1 and will become chairman on Jan 1, the company said. It did not give salary details."Our industry is changing faster than ever as the world focuses on meeting the dual challenge of more energy with fewer emissions ... Helge has a track record of leadership in addressing these issues," Svanberg said in a statement.Svanberg, from Sweden, became chairman on Jan. 1, 2010, four months before the worst offshore oil disaster in U.S. history that left 11 workers dead. He played a key role

Graeme Alexander (Photo: Pirie & Smith)

Pirie & Smith Names Alexander GM

Marine consultancy and ship surveyor Pirie & Smith has appointed Graeme Alexander as General Manager to head up the company and take responsibility for leading its activities across the globe.The appointment is in response to a 12-month period of international expansion for the Aberdeen-headquartered firm, which has seen it establish representative agencies in Thailand, India, Singapore, Dubai and Europe to provide a global network for local and international clients in the offshore, marine, fishing, renewables and insurance industries. In addition, Pirie & Smith, which also has an office in

Appointment of Dorothy Thompson CBE as non-executive Chair of Tullow Oil plc Photo Tullow Oil

Thompson takes over from Founder Heavey, Tullow Oil

;s current Chairman and Founder, as Chair at the conclusion of the Board meeting scheduled for 20 July 2018. Aidan will retire from the Board at the same time.   Thompson (57) brings extensive experience to Tullow having served for 12 years as CEO of Drax Group plc, the international power and energy trading company, until the end of 2017. Before joining Drax, Thompson managed InterGen’s European power business, was head of project finance at PowerGen and worked at CDC Capital Partners, the private sector arm of the British Government’s aid programme. Thompson 

Saipem CEO Could Be Reappointed in May

The main shareholders of Italy's Saipem indicated on Thursday they would support the reappointment of Stefano Cao as chief executive of the oil service company.   State lender Cassa Depositi e Prestiti (CDP) and oil major Eni, who jointly control Saipem, included Cao's name in the slate of directors they will propose at a shareholder meeting in May.   Cao's name was second in the list, a position which traditionally indicates the name of the potential CEO.   Saipem shares have fallen more than 80 percent in the last three years as the sector continues to suffer from lower spending

Pradeep Verma (Photo: Kreuz Subsea)

Kreuz Subsea Strengthens Senior Management Team

at Kreuz Subsea which saw AJ Jain recruited as chief executive officer and Balaji Bhashyam as chief operating officer. The firm also appointed Phil Bradbury as QHSE director at the end of 2017.   Kreuz Subsea was established in 2008 as an integrated subsea solutions provider to the global energy industry. It has operational bases in Brunei and India, and has around 400 personnel onshore and offshore

Michael Scott, Well-Centric Business Development Manager  Photo courtesy of Rory Raitt/Well-Centric

Scott Joins Well-Centric

ambitious plans for the future and Michael’s expertise across our range of specialisms and his wealth of experience will help leverage these new opportunities.”   Well-Centric, alongside Well-SENSE Technology, ClearWELL Oilfield Solutions and Pragma Well Technology, is part of FrontRow Energy Technology Group.  

Cecilie O. Lindseth, Managing Director of Norwegian Energy Company ASA Photo Noreco

Lindseth quits Noreco

The independent Norwegian oil company, Noreco stated that its Board and Cecilie O. Lindseth, the Managing Director, have agreed not to renew her employment contract.  According to the contract her last day as Managing Director of Norwegian Energy Company ASA will be 31 March 2018.    The Board would like to thank Cecilie O. Lindseth for her contribution to the company.  

Susan Dio (Photo: BP)

Dio Named President, Chairman of BP America

BP announced that Susan Dio has been appointed chairman and president of BP America Inc., BP’s chief representative in the U.S., from May 1, 2018.   Dio succeeds John Mingé, who will move to chair a study by the National Petroleum Council (NPC) into CCUS technologies and their potential deployment. He will retire from BP in March 2019.   Dio, a chemical engineer by training, has been chief executive of BP Shipping for the past three years, responsible for BP’s shipping business worldwide, including its fleet of over 70 operated and time-chartered vessels. In this time

Magnus Hall (Photo: Vattenfall)

Sweden's Vattenfall to Cut 1,500 Jobs

Sweden's state-owned utility Vattenfall said on Monday it would cut 1,500 full-time positions among its employees and consultants by 2020 as part of a long-running drive to boost competitiveness and profitability. The announced job cuts form part of a 2 billion Swedish crowns ($244.62 million) cost-savings programme that Vattenfall announced a year ago. "The fact that we now show a positive financial result doesn't mean that we can rest on our laurels," Vattenfall Chief Executive Magnus Hall said in a statement. Vattenfall has about 20,000 employees, primarily in Sweden, Germany, the

Hardy Takes Over as Vitol CEO

.   The company paid over $6 billion in dividends to its staff between 2010 and 2016.   Taylor has previously said there was no plan to turn Vitol into a public company but this year the firm will launch initial public offerings for two of its downstream joint-venture subsidiaries -- Vivo Energy and Varo Energy. (Editing by Susan Fenton and David Evans

Jan Arve Haugan (Photo courtesy Kvaerner)

CEO Haugan Leaves Kvaerner to Lead Aker Energy

Jan Arve Haugan resigns as President & CEO of Kvaerner, and from March 1, 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner, is appointed interim CEO.   Haugan has been President & Chief Executive Officer with Kvaerner since its demerger from Aker Solutions and stock listing in the summer of 2011.   "Under Jan Arve Haugan's management, Kvaerner has developed into a leading, renowned oil service company with EPC services as our specialty. Competitiveness

Christian Berven joings Aquaterra Energy as director of business development. Photo: Aquaterra Energy

Aquaterra Appoints Berven

Aquaterra Energy appointed Christian Berven as Business Development Director, as it strengthens its EMEA operations by opening offices in Stavanger, Norway. The company, headquartered in Norwich, UK, was the first to secure a multi-million pound investment from EV Private Equity, as part of its pledge last year to support fast-growing North Sea businesses. The investment from EV is supporting Aquaterra Energy’s global growth strategy, as well has enabling it to invest in capital expenditure. It has already used part of the funding to expand its fleet of high pressure riser systems. Four of the

ESS managing director Mark Gillespie, global business development manager Andy Readyhough and commercial director Iain Middleton. (Photo: ESS)

Readyhough Joins Ecosse

Ecosse Subsea Systems (ESS) has added  Andy Readyhough to the management team, charged with global business development for the ambitious Aberdeen-shire based company which specialises in seabed clearance and trenching operations in the renewable energy, oil and gas and interconnector sectors.   Readyhough has joined ESS having previously held senior management positions at Global Marine Systems and DeepOcean UK. He is a master mariner with more than 35 years maritime and offshore experience and for the last 18 years was engaged in submarine cable installation, trenching and maintenance

Vallourec Drilling Products Cuts Roughly 150 Jobs in Texas

Vallourec Drilling Products, a subsidiary of Paris, France-based steel pipe maker Vallourec , will lay off roughly 150 employees in Texas, according to a regulatory filing. Vallourec specializes in making tubular products for the energy and other industrial sectors. It has about 19,000 employees worldwide. The layoffs come as companies that supply equipment and services to the oilfield are still recovering from a three-year rout in oil prices. Although benchmark crude futures have traded above $60 a barrel for much of the year, they have fallen recently amid concerns of growing supply. On

FairfieldNodal Welcomes New Member to Its Board of Directors

Seismic nodal technology and services firm FairfieldNodal has welcomed Knut Eriksen as the newest member of its Board of Directors.   Eriksen recently retired from Oceaneering International where he served as Executive Officer and Senior Vice President of Business Development. He has also held other key executive positions in the oil and gas industry, on the operator, service company and contractor sides of the business. He brings industry experience, strategic orientation, demonstrated business development track record and in-depth understanding of the offshore oil and gas segment as

Ben Oudman (Photo: DNV GL)

DNV GL Taps Oudman as Regional Manager

As the global energy transition in the oil and gas industry marks significant changes to come, regional adaptions will pose a broad variation of challenges and opportunities.  DNV GL – Oil & Gas has appointed Ben Oudman as Regional Manager for Continental Europe, Eurasia, Middle East, India and Africa to further strengthen the company’s efforts to help the industry overcome barriers to progress. DNV GL’s 2017 Energy Transition Outlook report shows that while the energy transition is well underway, oil and gas will likely remain major energy sources for many years to come.

(Photo: Trafigura)

Trafigura Hires ex-Noble Crude Oil Trader

Trading house Trafigura has hired Dan Stirk, formerly a North Sea crude oil trader at commodity trader Noble Group, to join its crude desk, according to trading sources. Stirk started his new job this week, one of the sources said. He served as North Sea trader at Noble starting in July 2016, according to his LinkedIn page. The move comes after Chinese trader Unipec hired three former Noble employees to join its middle distillates desk in London. Reporting by Ahmad Ghaddar

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