Some 74 members of Norway's Lederne oil and gas labor union plan to go on strike from June 12 onwards if state-brokered mediation with employers fail, and would likely force a reduction of oil output, the trade union said on Friday.Gas production should remain unaffected however…
At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions said on Friday, putting some crude output at risk of shutdown although gas may not be affected.Workers are seeking above-inflation…
Tenaris SA , a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S. probes into its alleged payment of bribes to win business from Brazil's state-owned oil company Petrobras.The Luxembourg-based company will pay a $25 million civil fine plus $53…
Philippe Barril, Chief Transition Officer (CTO) of FPSO specialist SBM Offshore, has decided to step down from SBM Offshore to become the CEO of the Dutch offshore installation firm Heerema Marine Contractors on September 1, 2022. Barril was…
Offshore drilling contractor Valaris announced on Thursday that Christophe Raimbault, Vice President and interim Head of Marketing will take on a new role as Vice President - Sustainability and New Energy.Valaris President and Chief Executive Officer…
Blue Offshore Group, a company based in the Netherlands, ha appointed Henk van den IJssel as the new managing director. He will succeed Evert-Jan van Wijk as per the first of June 2022. Following Henk van den IJssel’s appointment, Evert-Jan…
Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA…
Brazilian President Jair Bolsonaro, seething about fuel prices as his poll standings slip ahead of October's presidential election, has intensified his calls to shake up the board and management of state-run oil company Petrobras.But it will…
Tenaris, a company manufacturing pipes and related services for the global energy industry, has informed that an Italian court has dismissed a case against Tenaris’s Chairman and Chief Executive Officer and two other Board members over allegedly improper payments in Brazil…
Offshore accommodation rig provider Prosafe has appointed Reese McNeel (45) as Chief Financial Officer. McNeel will replace the current Deputy CEO & CFO, Stig H. Christiansen, who has accepted a position with another company. McNeel will take up his position on August 1…
Technip Energies has appointed Samir Karoum as Chief Strategy & Sustainability Officer and member of the Group Executive Committee.Based in Boston, USA, Karoum will oversee Strategy, Sustainability as well as investments, partnerships, strategic marketing and digital…
Independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022. Dr. Austin succeeds Dr. Ronald D. Sugar in that role, who will remain on the Chevron Board. Austin has served on the Chevron Board since December 2016…
Offshore drilling contractor Valaris on Thursday announced the appointment of three new members to its executive management committee.Chris Weber will join Valaris as senior vice president and chief financial officer, Matt Lyne will join as senior vice president and chief commercial officer…
Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board…
Koos-Jan van Brouwershaven will leave Heerema as CEO on May 31, 2022. Van Brouwershaven was the CEO of Heerema Fabrication Group from 2013 and also the CEO of Heerema Marine Contractors from 2018.Van Brouwershaven said: 'I have worked with passion…