Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.Shell, which had 83,000 employees at the end of 2019, said…
Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…
OPITO, a UK-based skills and workforce body whose main focus has been offshore oil and gas - as its full name Offshore Petroleum Industry Training Organization suggests - is shifting its course and venturing into renewables.The organization…
Offshore heavy transport and installation contractor OHT has been admitted to trading on Merkur Market in Norway under the ticker code OHT-ME.OHT, which apart from its traditional heavy lift and transportation business is increasingly shifting focus on offshore wind…
Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…
Offshore drilling company Dolphin Drilling has appointed Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil rigs, preventing a strike that could eventually have halted the exploration for new oil and gas reserves, the unions, and companies said in separate statements on Thursday…
UK-focused offshore oil and gas firm Hurricane Energy said Wednesday that Alan Parsley had resigned from his position as Non-Executive director.Parsley, 76, appointed in 2020 as a Kerogen Capital nominee director, is a geologist with over 50 years’ experience in the oil and gas industry…
Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.The potential issue of investment-grade senior unsecured notes will be subject to market conditions…
Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…
Philippe Kavafyan, CEO offshore wind turbine maker MHI Vestas Offshore Wind, will chair Europe’s wind energy association, WindEurope, for the next 18 months.Kavafyan has been elected Chair of WindEurope by the association’s Board of Directors…
Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has received a letter from Seafox, a rival, and a holder of 29.9% of shares in GMS, seeking removal of four of GMS' directors from the board.To remind…
Inpex Corp said on Friday it expects to shed jobs at its Ichthys liquefied natural gas (LNG) project in Australia due to the slump in oil prices, but did not say how many would go.The cuts by Japan's biggest oil and gas company mark the latest…
Norwegian offshore installation services company Ocean Installer has appointed Robert (Bob) Gillespie, a former DOF Subsea UK boss, as managing director of its UK business.Gillespie will lead the company’s UK office based in Aberdeen, where…
German oil and gas company Wintershall DEA said Thursday it would establish mobile and flexible working as a standard practice even after the pandemic.'We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea…
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