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Shell's Renewables Boss Quits after CEO Strategy Shift

Jun 30, 2023

Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to…

Norway: Offshore Drilling Firms, Unions Agree Wage Deal, Averting Strike Action

Jun 29, 2023

Three Norwegian labour unions have agreed to a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of strike action that would have disrupted exploration, the unions said late on Wednesday. The deal between…

Semco Maritime Secures 5-Year Deal to Provide Personnel for Danish Oil & Gas Consortium

Jun 29, 2023

Danish offshore energy industry service provider Semco Maritime has won a 5-year contract to provide field support personnel for core crew and campaign positions from TotalEnergies Denmark on behalf of the Danish Underground Consortium.The Danish…

Norway Offshore Drilling Firms Start Wage Mediation with Unions

Jun 28, 2023

Owners of floating offshore oil drilling rigs on Wednesday began a final round of wage talks with three Norwegian labor unions in a bid to prevent the outbreak of strike action that could disrupt exploration, but not production, negotiators said…

Technip Energies to Resolve Outstanding Matters with French PNF

Jun 27, 2023

French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…

RWE Names Chief Operating Officer of Offshore Wind Business

Jun 27, 2023

German renewable energy group RWE has appointed Dr. Thomas Michel Chief Operating Officer (COO) of the company’s Offshore Wind business as of September 1, 2023. 'Michel will take on responsibility for this newly created Board division as a very…

Brazil's Petrobras Wins Appeal in Multi-billion Dollar Labor Case

Jun 27, 2023

Brazil's state-run oil company Petrobras PETR4.SA has won its appeal in the Supreme Court against a 2018 labor conviction, avoiding billions of dollars in payments.Petrobras was charged in 2018 by Brazil's top labor court for divergences in…

Keith Hill to Step Down as President and CEO of Africa Oil Corp.

Jun 26, 2023

Africa Oil Corp.'s President and CEO Keith Hill has informed the Board of his intention to step down from his executive role at Africa Oil.'Mr. Hill has led the Company for more than fourteen years and has presided over major milestones, including…

More Norway Offshore Drilling Workers Warn of Strike Action

Jun 26, 2023

More Norwegian oil and gas drilling rig workers warned last Friday of potential strike action [this] week as unions and employers prepared to negotiate over wages, although any labor conflict was still unlikely to affect oil and gas output. The…

Talos Names Maiworm CFO

Jun 19, 2023

Houston based Talos Energy announced it has appointed Sergio L. Maiworm Jr. as the Company's Chief Financial Officer and Senior Vice President, effective as of July 1, 2023, replacing Shannon E. Young, III who has accepted a similar role with another independent E&P company…

Shell to Sharply Boost Dividend, Keep Oil Output Steady in New CEO Plan

Jun 14, 2023

Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.In a new financial framework announced on Wednesday…

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

Gumbs to Step Down as President and CEO of Bosch Rexroth North America

Jun 09, 2023

Bosch Rexroth North America's President and Chief Executive Officer Gregory Gumbs will leave the company July 1, 2023, the company said Thursday.'Gumbs, who joined the organization in late 2020, successfully led the increased growth of the North American region to record achievements…

Barryroe Offshore Energy Faces Uncertain Future as Working Capital Dwindles

Jun 08, 2023

Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…

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