Arne Gürtner, Senior Vice President UK & Ireland Offshore at Equinor has been named Co-chair of OGUK board. OGUK is the representative body for the UK oil and gas industry.Announcing Gürtner's appointment, OGUK said he brings with him a wealth of industry experience…
Aberdeen-based downhole sensing technology company, Well-SENSE, has appointed Annabel Green as its new CEO.Well-SENSE said Green would help the company to accelerate its global business strategy and drive further adoption of its proven downhole sensing technology…
Oil and gas company Kosmos Energy said Thursday it had raised its CFO's salary to align it with similarly situated executives in peer firms.Effective February 1, 2021, Neal D. Shah’s base salary was increased to $550,000 and the annual target…
Scottish offshore engineering and construction company R&M Engineering (R&M) has appointed Colin Maver as Managing Director.'Mr. Maver was Group Director of Dron & Dickson for 16 years, gaining extensive market experience in UK, Brazil, and UAE…
Royal Dutch Shell's profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company's retail network and trading business helped cushion the blow.The Anglo-Dutch oil major's annual profit slumped 71% to $4…
Top U.S. oil producer ExxonMobil on Tuesday posted its first annual loss as a public company as the COVID-19 pandemic hammered energy prices and it reduced the value of its shale gas properties by more than $20 billion in the fourth quarter…
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…
Michael Koefoed will take on the role of Chief Financial Officer (CFO) in the Danish offshore vessel operator Maersk Supply Service, effective March 15, 2021.Koefoed, currently Head of Funding and Markets in A.P. Møller-Maersk, will replace…
Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels…
The chief compliance officer at Brazil's Petrobras is planning to step down in March, four people familiar with the matter told Reuters, in what would be the third exit by the state-owned oil firm's top corruption buster in three years.Petroleo Brasileiro SA…
BP plunged to a $5.7 billion loss last year, its first in a decade, as the pandemic took a heavy toll on oil demand, and the energy company warned of a tough start to 2021 amid widespread travel restrictions.Despite the weak environment, however…
Deep Wind Offshore, a Norwegian offshore wind company formed last month, has appointed Hans Petter Øvrevik as its Chief Commercial Officer (CCO).Øvrevik has more than 16 years of experience in the offshore industry, including roles in Aker Solutions and Aker Offshore Wind…
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…
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…
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…