Offshore Engineer People News - page 101


Neal D. Shah Assumes Kosmos Energy CFO Position

May 12, 2020

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…

ESVAGT Delays Investments, Cuts Salaries

May 12, 2020

Danish offshore vessels owner ESVAGT will cut executive and staff pay, and delay investments in response to the low oil prices and the COVID-19 pandemic.Peter Lytzen, the CEO of the company that provides emergency response and rescue vessels (ERRV) and service operation vessels (SOV)…

New CEO for Aker Energy

May 08, 2020

Aker Energy, a Norwegian oil company focused on Ghana's offshore resources, has appointed a new CEO.Aker ASA, Aker Energy's parent company, said Friday in its first-quarter report that Håvard Garseth took over as Aker Energy's CEO in April.Prior…

New Round of Layoffs at Maersk Drilling

May 07, 2020

Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020, citing oil and gas companies' budget cuts and delays and cancellations in offshore drilling tenders.As previously reported…

Cairn Chairman to Retire

May 07, 2020

London-listed oil and gas company Cairn Energy has said that its Chairman Ian Tyler has informed the company of his intention to retire.'Cairn announces that its Chairman, Ian Tyler, has indicated to the Board that, having served on the Board for seven years…

Halliburton Lays Off 1,000 Employees at Houston HQ

May 07, 2020

Oilfield services firm Halliburton has laid off roughly 1,000 employees, or 22% of staff, at its corporate headquarters in Houston, a company spokeswoman said on Wednesday, as oil prices collapse.The cuts by one of the biggest names in oilfield…

Oceaneering Execs Agree to Pay Cuts

May 04, 2020

Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the…

Xodus Names Subsea and Pipelines Branch Boss

May 04, 2020

UK-based energy consultancy Xodus Group has appointed Nigel Underwood as new manager to head up the company’s London subsea and pipelines division.Underwood, who joins from Petrofac where we worked as consultancy manager, will oversee Xodus’ international subsea and pipelines work…

Qatar Petroleum Plans New Wave of Job Cuts

Apr 30, 2020

Qatar Petroleum, one of the world's biggest energy companies, plans a new wave of job cuts and spending reductions to cope with the slump in oil and gas demand which has hit global economies, two sources familiar with the matter said.Economic…

EnQuest to Axe 530 Jobs in UK

Apr 29, 2020

UK oil and gas producer EnQuest is planning workforce reductions in the UK as some of its North Sea fields are expected to cease production, while others will remain shut as part of a recently announced cost-cutting initiative.When it comes to the planned workforce cuts…

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

Apr 29, 2020

Up to 30,000 jobs could be lost in the UK's offshore oil sector as companies grapple with the effects of the coronavirus pandemic and a 20 year low in oil prices and a 14 year low for gas, Oil & Gas UK has warned.The industry is expected to see a dramatic reduction in revenue…

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

Apr 27, 2020

British unions representing offshore workers said on Monday the government should invest taxpayer money directly into oil and gas projects to save the sector rather than extend welfare payments to furloughed staff.In a joint statement, the unions said they expected around 3…

DOF Chairman to Resign after 18 Years in Position

Apr 27, 2020

Norwegian offshore vessel operator DOF has said Helge Møgster will be resigning from the Board of Directors in DOF ASA following the upcoming ordinary General Meeting, after 18 years in the role as Chairman. He will also resign as chairman in DOF Subsea AS…

Pemex Removing Workers from Offshore Platforms to Limit Spread of Virus

Apr 27, 2020

Mexico has begun removing staff from Gulf of Mexico oil platforms to limit the spread of the coronavirus, leaving essential personnel on board, state oil firm Petroleos Mexicanos (Pemex) said on Sunday.Pemex said in a statement that workers…

NOIA Elects Cobb, McCarroll to Board Leadership Roles

Apr 24, 2020

The National Ocean Industries Association (NOIA) Board of Directors has elected Galen Cobb, Vice President of Industry Relations of Halliburton, as Chairman and Matt McCarroll, President & CEO of Fieldwood Energy, as Vice Chairman for the 2020-21 term…

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