Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook on Tuesday and said its earnings margin is likely to increase this year while order intake is headed for a record high, sending its shares sharply higher.The company…
U.S. offshore wind developer Vineyard Wind said Friday that Klaus S. Moeller, Project Director of Vineyard Wind 1 offshore wind project, was being promoted to CEO.Vineyard Wind, a joint venture between Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables…
Gulf Marine Services (GMS), a company providing jack-up service vessels for the offshore oil, gas, and renewables industries, has appointed Alex Aclimandos as its Chief Financial Officer.' Alex brings with him a wealth of progressive international…
Italian energy services firm Saipem, which on Monday issued a profit warning that sent its shares down to historic lows, on Friday appointed Eni's Alessandro Puliti as General Manager of the company.Born in Florence in 1963, Puliti has served…
UK oil and gas industry regulator Oil and Gas Authority is set to start a search for a new CEO, as the current CEO Andy Samuel is expected to step down in December 2022.OGA said: 'As has been long agreed Andy Samuel will be stepping down as…
A group of four saturation divers from the U.K. recently rowed across the Atlantic Ocean to tackle a challenge of lifetime while raising money for a local cancer charity.Chris Ayres, Lewis Locke, James Piper and Andy Taw—all employed by Helix…
Shell boosted its dividend and share repurchases on Thursday after its fourth-quarter profits soared to $6.4 billion on the back of higher oil and gas prices.Shell, which moved its headquarters from The Hague to London last month, said it expected…
Struggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, more than 10 days after issuing the latest in a series of profit warnings.Jochen Eickholt, management board member of Siemens Gamesa's German parent Siemens Energy…
UK-based oil and gas company Harbour Energy said Wednesday that Phil Kirk had notified the Board of his intention to step down as Executive Director, President, and CEO Europe, with effect from February 28, 2022.Kirk was previously Chief Executive Officer and founder of the Chrysaor Group…
Oil and Gas UK (OGUK), a UK-based offshore oil and gas industry association, is changing its name to Offshore Energies UK, to reflect its expansion into low-carbon offshore energy technologies that its members are developing, including offshore wind…
Offshore installation contractor McDermott International has appointed Michael McKelvy as President and Chief Executive Officer, effective immediately. He will also serve as a member of McDermott's Board of Directors. Lee McIntire, who has been serving as interim CEO since June 2021…
Offshore wind developer Ørsted has appointed Ingrid Reumert as the new Senior Vice President of Group Stakeholder Relations. Reumert comes from a similar position as Vice President of Global External Relations & Sustainability at VELUX.Mads Nipper…
BASF remains committed to a sale of its stake in oil and gas business Wintershall Dea AG on the stock market, it said on Monday, despite co-owner LetterOne opposing an initial public offering (IPO) in the short term.The disagreement between…
Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…
BP has hired an executive from Danish wind power firm Orsted to head a new offshore wind division as the British energy company restructures its renewable businesses to help drive its transition away from fossil fuels.Matthias Bausenwein, who stepped down on Jan…