A former chief executive of Indonesia's state energy firm Pertamina has been sentenced to nine years in jail for graft in a case related to a long-term contract to procure liquefied natural gas from a unit of U.S. company Cheniere Energy.The…
A newly formed company headed by a former Exxon Mobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.Fulcrum LNG…
Despite unprecedented energy challenges, 68% of oil and gas industry leaders have expressed optimism for sector growth in the coming year, according to the most recent survey by DNV.The latest DNV survey, The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty…
On June 25, the International Day of the Seafarer, IMO Secretary-General Arsenio Dominguez pays tribute to the two million seafarers who keep global markets functioning and supply chains going.In a video message to seafarers, Dominguez said…
Woodside has revised its leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition.The revised structure, which will take effect from August 1, 2024, aggregates and elevates core business activities into a simplified operating model…
Back-deck engineering specialist Maritime Developments (MDL) has appointed Derek Lynch as Market Development Manager – Renewables as part of its diversification strategy aimed to strengthen the commitment to renewable energy market.With over…
Oil and gas company BW Energy has appointed Brice Morlot as Chief Financial Officer (CFO).Effective June 30, 2024, Morlot will succeed Knut R. Sæthre, who has been the CFO of BW Energy since 2019.Morlot brings extensive experience to the company…
Danish wind turbine maker Vestas has united its Technology organization (CTO) and Manufacturing and Global Procurement organization (COO) into one Technology and Operations Organization (CTOO) to strengthen its approach within delivery of wind energy solutions…
Ipieca, the global oil and gas association for advancing environmental and social performance across the energy transition, has appointed ExxonMobil’s Paul Krishna as its new Chair.Krishna has been an active member of Ipieca since 2009. Prior to his appointment as Chair…
Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new chief executive following the surprise announcement last week.Chambriard, a four-decade industry veteran…
The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter…
The chief executive of Brazil's Petrobras offered to step down, the state-run oil company said on Tuesday, as the government lined up a former regulator for the role, sending shares sliding as investors braced for political interference.Brazilian…
UK-based oil firm Serica Energy has appointed Chris Cox as its new chief executive officer (CEO).The new appointment will take effect on July 1, 2024, with David Latin, chairman of Serica, ceasing his temporary role as Interim CEO at the same time…
UK-based tech-powered offshore wind solutions provider Rovco and its robotic spin-off company Vaarst have unveiled plans to recruit over 150 specialist subsea roles across by the end of 2025.Rovco said it will recruit over 100 new roles across its Aberdeen and Edinburgh offices…
Unique Group acquired subsea technology and equipment manufacturer Subsea Innovation. The deal elevates Unique Group’s global engineering capabilities, enhances its portfolio and further strengthens the organization’s focus on engineering excellence and technology development…
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