Offshore Engineer People News - page 88

 

Petrofac CEO Asfari to Retire

Oct 12, 2020

Energy services giant Petrofac said Monday its CEO Ayman Asfari would retire as Group Chief Executive at the end of the year. Petrofac said Asfari would focus on his family, health, and charitable interests.Sami Iskander, former EVP Upstream Joint Ventures at Shell…

Equinor Should Have Dealt With Issues in U.S. Sooner - Chairman

Oct 09, 2020

A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…

Norway's Striking Union, Oil Firms to Meet Mediator

Oct 09, 2020

Oil firms and labor officials in Norway are to meet on Friday with a state-appointed mediator to try to end a strike that threatens to cut output from western Europe's biggest oil and gas producer by some 25%.Six offshore fields shut on Monday…

Ørsted Names Project Development Head in U.S.

Oct 08, 2020

Offshore wind farm developer Ørsted has appointed Patricia DiOrio as its new head of project development in the U.S.Ørsted said Thursday that DiOrio would be based in Boston, and lead the company’s North American Offshore Project Development team…

Strike Could Shut a Quarter of Oil and Gas Output in Norway Next Week

Oct 08, 2020

A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…

Chevron’s Market Value Surpasses Exxon's for the First Time

Oct 08, 2020

Chevron’s market value leapfrogged that of Exxon Mobil for the first time on Wednesday during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer.Chevron’s market cap ended the day around $142 billion…

Norway: Oil Workers to Expand Strike if Wage Deal Not Reached

Oct 07, 2020

Norway's Lederne labor union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming a statement from the country's state-appointed wage mediator.Six offshore oil and…

Norway: Union Makes new Proposal to Oil Companies in Bid to End Workers' Strike

Oct 06, 2020

Norway's Lederne labor union has made a new proposal to oil companies to try to resolve a dispute over wages and end a strike that has cut the country's petroleum output capacity by about 8%, the union told Reuters on Tuesday.Six offshore oil…

J+S Subsea Names First Managing Director, Adds Industry Veteran to Board

Oct 06, 2020

Aberdeen-based subsea control system provider J+S Subsea, launched in September, has appointed Phil Reid as its first managing director. J+S Subsea also appointed Doug Sedge, a former Weatherford executive and an ex-Sparrows CEO to its board as a non-executive director…

Norway: Six Offshore Oil Fields Shut as More Workers Join Strike

Oct 06, 2020

Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said.The strike will cut Norway's total output capacity by just over 330,000 barrels of oil equivalent per day…

Exxon to Lay Off 1600 Workers in Europe

Oct 05, 2020

U.S. oil giant Exxon Mobil said on Monday it plans to reduce its European workforce by up to 1,600 across the company's affiliates by the end of 2021 as part of its global review.Exxon said country-specific cuts will depend on the oil major's local business footprint and market conditions…

Neptune Energy Appoints Director of New Energy Business

Oct 05, 2020

Oil and gas company Neptune Energy has created a business branch named New Energy and has appointed Pierre Girard as a director who will lead it.Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low carbon technologies…

Vineyard Wind Names Deputy CEO

Oct 05, 2020

Vineyard Wind, a company with plans to construct offshore wind farms in the U.S., has appointed Sy Oytan as Deputy Chief Executive Officer.Vineyard Wind is, a 50/50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners…

Strike Shuts Four Equinor Offshore Fields

Oct 05, 2020

Energy major Equinor shut four of its Norwegian offshore oil and gas fields on Monday as its workers expanded their strike, a company spokesman told Reuters.Two more fields operated by Neptune Energy and Wintershall Dea also face likely shutdowns on Monday because of the strike…

DOF's Skandi Vega Firm with Equinor till May 2022

Oct 02, 2020

Norwegian energy company Equinor has extended the contract for the 2010-built Skandi Vega anchor handler, owned by DOF.DOF, which employs 3,500 people worldwide, said Thursday that Equinor had declared an option to extend the firm period of Skandi Vega from 6 months to 2 years…

Current News

Keys to Keeping Offshore Metal Structures Ship Shape

Keys to Keeping Offshore Metal

Preview: Japan Energy Summit & Exhibition 2025

Preview: Japan Energy Summit &

Havila Acquires Polarsyssel Offshore Supply Ship

Havila Acquires Polarsyssel Of

Finnish Port Set for Offshore Wind Overhaul

Finnish Port Set for Offshore

Subscribe for OE Digital E‑News

Offshore Engineer Magazine