Two Norwegian labour unions have signed new wage deals with oil service companies, the unions said on Thursday, preventing a strike among workers.Some 646 members of the Safe and Industri Energi unions had threatened to go on strike at companies such as Schlumberger…
Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…
Engineering firm Wood announced Tuesday that it has appointed Ken Gilmartin as chief executive officer (CEO), effective from July 1, 2022.Gilmartin will succeed Robin Watson, who announced his intention to retire in April 2022. Watson will step down from the board effective July 1…
Vår Energi ASA, the largest independent exploration and production company on the Norwegian continental shelf, on Tuesday announced a new organizational structure and management team.CEO Torger Rød said, 'Vår Energi has set a goal to become a net producer of 350…
Peterson and Coast Renewable Services have formed a joint venture company to provide integrated services to the offshore wind sector. The new company, Coast Offshore, will be led by Michael Leitch as Managing Director.In addition to marine management…
The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns in an election year.Petroleo Brasileiro SA…
U.K.-based marine services company James Fisher and Sons plc announced it has appointed Jean Vernet as chief executive officer.He will take up this position on September 5, 2022, succeeding Eoghan O’Lionaird who will step down from his position on the board and as CEO…
Bourbon entered into a strategic partnership with IWS Fleet AS, the vessel owning company of Integrated Wind Solutions ASA to address the French commissioning and maintenance market of offshore wind farms. This agreement will allow Bourbon…
Offshore drilling contractor Seadrill announced Wednesday that Karen Boesen has resigned from its board of directors effective June 17, 2022.Boesen informed the company that she had no disagreement with the company on any matter, including its business…
Norwegian oil and gas company Aker BP announced it has hired Paula Doyle as chief digital officer effective July 1. She will be a part of the executive management team and will report to CEO Karl Johnny Hersvik.Doyle comes from Cognite, where…
Miros’ dry-mounted Wavex was selected by EQUANS to collect operation-critical wave and current data on the offshore substation for the Saint-Brieuc Offshore Wind Farm, Iberdrola's first large-scale and flagship offshore wind power project in Brittany…
Proserv move sees new roles for current Group CEO David Currie, Proserv Controls CEO Davis Larssen and arrival of former RenewableUK CEO Hugh McNeal.Proserv has announced a high-level senior management and corporate realignment as the business…
Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that could have hit the country's petroleum output, employers and unions said on Sunday.Two of the three unions that negotiated…
Norway's petroleum output could be reduced by unspecified amount if workers go on strike at nine offshore fields on Sunday, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 845 workers out of roughly 7,500 employees on offshore…
The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board.The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive…