Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…
The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…
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…
Well-Safe Solutions were contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia platform in the Southern North Sea, approximately 55km from the UK mainland. For the project Well-Safe will provide project management, well engineering and all managed delivery services…
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…
An innovative new subsea controls architecture designed to simplify how new fields and carbon capture and storage (CCS) sites can be developed and expanded has been announced as the winner of this year’s Underwater Technology Conference (UTC) Award…
With a third of Norway’s oil and gas on its books, state-owned Petoro has a unique perspective, from the macro right down to drainage strategies.Today, Petoro VP Licence and technology Kjell Morisbak Lund sees that the industry has many difficult challenges…
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…
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