Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects…
Construction work has begun on a joint venture to build a shipyard on Saudi Arabia's eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.The joint venture, International Maritime Industries (IMI), started operations…
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building…
Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc., to include two additional LNG vessels.Maran Nakilat Co. Ltd. was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasions…
Drilling contractor Transocean Ltd on Wednesday expressed optimism about a recovery in offshore drilling activity this year, despite reporting its third quarterly loss in a row. Companies that provide services and equipment for oil and gas exploration and production…
British oil major BP, which operates a number of oil and gas fields in Azerbaijan, plans no maintenance shutdowns of platforms there this year and intends to advance with new projects, BP's regional president told Reuters. 'There aren't any turnarounds planned for this year…
Julie J. Robertson will succeed David W. Williams as Noble Corp. chairman, president and CEO, effective February 2018. Julie Robertson. Image from Noble Corp. UK-based offshore driller Noble…
EnQuest COO and executive director Neil McCulloch is stepping down today from his posts, by mutual agreement, according to the UK independent operator. In his place, Faysal Hamza has been appointed Interim Head of North Sea, and Bob Davenport has been appointed Managing Director…
Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…
Paulo Ruiz Sternadt, 42 has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request. Ruiz Sternadt…
Baker Hughes, a GE company announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…
Karen Boman chats with industry veteran Tony Duncan about his plans at Magma Global and experiences selling operators on new technology. Tony Duncan Tony Duncan has faced many challenges in his career in the oil and gas industry…
Michael K. Wirth has been named to take the lead at US supermajor Chevron, following the decision of the current CEO John S. Watson to retire, effective 1 February 2018. Wirth. Images from Chevron…
French major Total has appointed Maersk Oil leaders to their new management positions, following current Maersk Oil CEO Gretchen Watkins’s decision to leave the company. The changes will coincide with the US$7.45 billion takeover expected to become effective in Q1 2018…
UK-based safety and control systems firm Proeon Systems has appointed a new managing director. Richard Miller has nearly 30 year’s of leadership, expertise and knowledge in the oil and gas and energy industries, having worked at Aquatera Energy and Tyco Fire & Integrated Solutions…
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