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Awilco Drilling CEO Resigns as Rig Cancellations 'Change Prerequisites'

Feb 01, 2021

Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which is currently involved in arbitration cases with Keppel over two drilling rig order cancellations, said that Eric Jacobs, General Counsel in the Awilhelmsen Group…

Former SBM Offshore Sales Manager Gets Prison Time for Bribery

Mar 02, 2021

A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq.Paul Bond…

ExxonMobil Announces Two Board Appointments

Mar 01, 2021

U.S.-based oil major ExxonMobil said on Monday activist investor Jeffrey Ubben and Michael Angelakis have joined its board.Angelakis is chairman and CEO of independent strategic investment company Atairos. Prior to founding Atairos, he served…

Ex-SBM Offshore Sales Manager Convicted in Bribery Case

Feb 25, 2021

A former sales manager of Dutch energy services company SBM Offshore was on Wednesday convicted by a London jury of conspiracy to bribe public officials to secure lucrative oil contracts in Iraq after the fall of Saddam Hussein in 2003.Paul Bond…

Alexey Miller to Stay at Gazprom Helm for Five More Years

Feb 25, 2021

Alexey Miller will remain at the helm of the Russian oil and gas giant Gazprom for another five years, the company said in a statement on Wednesday. 'The Board of Directors reviewed the issue of electing the Chairman of the Gazprom Management…

Former Petronas CEO Joins ExxonMobil Board

Feb 02, 2021

ExxonMobil added a new director to its board after months of investor pressure and the top U.S. oil producer on Tuesday also posted its first annual loss as a public company due to the COVID-19 pandemic hammering energy prices.Tan Sri Wan Zulkiflee Wan Ariffin…

Mammoet Opens New Taiwan Office to Target Offshore Wind Opportunities

Feb 01, 2021

Dutch heavy lift and transportation company Mammoet is opening a new office in Taichung, Taiwan, to allow its team to be located closer to project sites and to offer onshore services for offshore wind farms locally.'Due to the rapid expansion…

Reuters: ExxonMobil, Chevron Explored Merger in 2020

Feb 01, 2021

The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter…

RCG Bolsters Japan Team ahead of Country's Expected Offshore Wind Expansion

Jan 28, 2021

The Renewables Consulting Group (RCG), a sector specialist advisory firm, continues its expansion into Japan ahead of the country’s expected offshore wind industry growth. With this in mind, the company has this week appointed Hideto Seto as Associate Director…

Third of Oil and Gas Workers Faced Pay Cut in 2020

Jan 12, 2021

Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices.Oil and gas workers are still among the highest paid in the world…

Hamworthy Names New CEO

Jan 11, 2021

Singapore-based marine and offshore pump manufacturer Hamworthy Pumps has appointed Hans Christiaan Laheij, 48, as its new CEO.The new CEO will join the company on January 15, 2021. He has recently worked with German propulsion specialist Schottel in the position of Deputy CEO & President Marine…

Woodside's CEO Coleman to Retire in 2021

Dec 08, 2020

Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…

Ex-Lockheed Martin CEO Joins Chevron Board

Dec 03, 2020

Marillyn A. Hewson, until recently CEO of aerospace and defense firm Lockheed Martin, has been elected to Chevron’s board of directors, effective on January 1, 2021. She will serve on the Audit Committee of the Board.  Hewson, 66, is executive chairman of Lockheed Martin Corporation…

BP Swings Back to Small 3Q Profit

Oct 27, 2020

BP swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and continued to weigh on fuel demand and refining profits.The London-based company said that while fuel demand in Asia…

Petrofac CEO Asfari to Retire

Oct 12, 2020

Energy services giant Petrofac said Monday its CEO Ayman Asfari would retire as Group Chief Executive at the end of the year. Petrofac said Asfari would focus on his family, health, and charitable interests.Sami Iskander, former EVP Upstream Joint Ventures at Shell…

Current News

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Oil Surges After OPEC+ Extends Cuts

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LNG Shipping Market Primed for Growth

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China to Accelerate Work on New Energy Sources, But Coal Remains in the Mix

Hybrid Accommodation Vessel MWV Falgout Delivered

Hybrid Accommodation Vessel MWV Falgout Delivered

Interview: Cloud Solution Promises to Drive Down CUI Maintenance Costs in O&G Industry

Interview: Cloud Solution Promises to Drive Down CUI Maintenance Costs in O&G Industry

Archer's Malaysian Agent Wins Extension with Petronas

Archer's Malaysian Agent Wins Extension with Petronas

More Work in Australia for Shearwater GeoServices

More Work in Australia for Shearwater GeoServices

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