French energy giant Total is in advanced talks with privately owned firms Albion Energy and First Alpha Energy Capital on the sale of some of its British North Sea assets, two industry sources said.In July, four banking sources told Reuters…
The floating liquefied natural gas (LNG) company Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective…
UK-based KNOT Offshore Partners has announced that John Costain has decided to step down as CEO and CFO of the partnership.'Although Costain is resigning in order to pursue other interests outside of the partnership, he will be available for the partnership until 31 May 2019…
Anadarko Petroleum Corporation announced Thursday that Bob Gwin, formerly Executive Vice President (EVP), Finance and CFO, has been named President. In his new role, Gwin will be responsible for leading Anadarko's worldwide operations, project management…
Russian maritime shipping company Sovcomflot has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three leading international banks, comprising: ING Bank, KfW IPEX-Bank GmbH, and Crédit Agricole Corporate and Investment Bank…
The Brazilian unit of French gas and power group Engie SA is in negotiations to set up contracts forward-selling wind power that would allow it to build wind farms with 300 megawatts of capacity, its chief financial officer said on Friday.Engie…
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyoming’s Green River Basin.A press release from the energy company engaged in domestic natural gas and oil exploration, development…
Royal Dutch Shell Chief Financial Officer Jessica Uhl said on Wednesday wages and services costs in the oil and gas industry around the world have started rising following a deep downturn since 2014.'We are seeing wage inflation and inflation…
German utility EnBW Energie Baden-Württemberg AG has launched its first green bond on the capital market, with an issue size of €500m ($570.8m), which was oversubscribed within hours, the energy company said in a press release.The bond issue…
Private equity backed oil and gas producer Neptune Energy on Monday named former Louis Dreyfus executive Armand Lumens as its chief financial officer. Lumens worked with Louis Dreyfus Co as its group chief financial officer for less than two…
Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.David Mesonero, currently managing director of corporate development…
Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.David Mesonero, currently managing director of corporate development…
Rolls-Royce is investing in Berlin-based start-up company Qinous GmbH, a global provider of energy storage and control systems, and adding turnkey microgrids to the portfolio.“As a strategic investor, the aim is to set up a partnership with…
Rosneft, Russia's top oil producer and one of the biggest globally, plans to reveal share buyback details in June, CFO Pavel Fyodorov said in a conference call on Monday.The company had announced a series of measures on May 1 to improve shareholder returns…
Jan Arve Haugan resigns as President & CEO of Kvaerner, and from March 1, 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner…
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