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Offshore Worker Dies in Incident on Woodside's North Rankin Complex

Jun 02, 2023

An employee of one of Woodside’s contractor companies on the Woodside-operated offshore North Rankin Complex died in an incident that occurred at approximately 12.00pm AWST Friday.The incident occurred during work activity being carried out at the North Rankin Complex…

Suncor to Cut 1,500 Jobs by End of Year - Report

Jun 02, 2023

Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

Petronas Says Malaysian Anti-graft Probe Found No Wrongdoing by the Firm

May 29, 2023

Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…

Tear Gas Taints the Air as TotalEnergies AGM Rejects Climate Activist Resolution

May 26, 2023

TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major's greenhouse gas emissions program after police intervened to stop climate protesters disrupting its annual general meeting. The resolution…

Offshore Accommodation Firm Prosafe Appoints Interim CEO

May 25, 2023

Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…

US, EU Lawmakers Push to Depose UAE's Jaber from Climate Talks

May 24, 2023

Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…

Norwegian Offshore Drilling Unions Seek Mediation as Wage Talks Falter

May 24, 2023

Wage talks involving around 8,000 oil drilling workers in Norway broke down early on Wednesday, labor unions said, raising the risk of strike action later this year that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…

Battle in UK Offshore Sector: 1650 Contractors Set to Strike Over Jobs and Pay

May 23, 2023

UK-based union Unite said Tuesday that around 1650 offshore contractors would start two new rounds of 48-hour strike action 'in an increasingly bitter dispute over jobs, pay, and conditions in the offshore sector.'Around 1650 contractors across…

Shell CEO Shielded by Security as Climate Protesters Try to Storm AGM Stage

May 23, 2023

Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew…

Heritage Petroleum Names Ex-ConocoPhillips Exec as New CEO as Chow Set to Retire

May 23, 2023

Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…

Fresh Strike Wave Looms in UK Offshore Sector as 600 Bilfinger Workers Reject Pay Offers, Unite Says

May 19, 2023

UK-based union Unite said Friday that around 600 of its offshore members at Bilfinger UK Limited have rejected new pay offers, and confirmed fresh strike action will now occur in June.'New pay offers were rejected by Unite members based on the offshore assets of the operators Ithaca…

Shell Faces Tense Shareholder Meeting as Profits and Climate Collide

May 19, 2023

Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms…

Berkshire Hathaway Boosts Stake in Occidental Petroleum to 24.4%

May 19, 2023

Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%.In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3…

GE Names Rahul Ghai as New Senior Vice President and CFO

May 18, 2023

GE said Thursday that Rahul Ghai would become Senior Vice President and Chief Financial Officer of GE effective September 1, 2023, succeeding Carolina Dybeck Happe. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace…

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