Maritime News

 

Faroe Execs Quit After DNO Takeover

Jan 11, 2019

Faroe Petroleum's Chief Executive Graham Stewart, Chief Financial Officer Jonathan Cooper and Chief Operating Officer Helge Hammer will resign, Faroe said on Friday after the company was taken over in a hostile bid by DNO.The executives, including Stewart who was among the founders of Faroe…

New Petrobras Chief Wants to Oust Board Members

Jan 11, 2019

The new chief executive of Brazil's Petroleo Brasileiro SA is pushing for the ouster of two of the state-controlled oil company's board members, three people with knowledge of the matter said on Friday.Roberto Castello Branco is seeking the resignation of two Petrobras board members…

Singapore LNG and YTL PowerSeraya Appoint New CEOs

Jan 11, 2019

Singapore-based energy company YTL PowerSeraya and LNG terminal operator Singapore LNG Corp (SLNG) announced that they have appointed new chief executive officers (CEOs).YTL PowerSeraya said that han Swee Huat has decided to step down as CEO of the Group with effect from 15 January 2019…

K2 Management Opens Beijing Office

Jan 11, 2019

Offshore wind and sustainable energy consultancy K2 Management  has opened an office in Beijing to support China’s wind and solar market.Active in Asia since 2010, K2 Management has been working in China on several projects for local and international clients…

Aqualis Offshore Establishes Office in Australia

Jan 11, 2019

Marine and offshore engineering consultancy Aqualis Offshore has set up an office in Perth, Western Australia, to support oil and gas developments in the Australasia region.“We have supported important projects offshore Australia in recent years…

Seadrill CFO to Step Down in June

Jan 10, 2019

Norwegian offshore drilling rig firm Seadrill Ltd said on Thursday that Chief Financial Officer Mark Morris will step down following completion of the company's financial restructuring.The company, controlled by Norwegian-born billionaire John Fredriksen…

TechnipFMC Names New Chairman

Jan 10, 2019

Oil services group TechnipFMC said on Thursday Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko's imminent retirement.Pilenko was one of the key directors behind the 2016 merger between French company Technip and U…

Shell Acquires 26% Stake in Hazira LNG

Jan 10, 2019

Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5 million tonnes per annum-Hazira LNG terminal in Gujarat, India.'Shell Gas, a subsidiary of Royal Dutch Shell plc…

BP Energy Partners Acquires Cryopeak LNG Solutions

Jan 09, 2019

The private equity firm focused on the energy industry BP Energy Partners (BPEP), LLC announced it has purchased a controlling interest in Cryopeak LNG Solutions Corp, a customer-centric liquified natural gas (LNG) solutions company.Cryopeak…

Jadestone Energy to Restart Montara Production

Jan 06, 2019

Asia Pacific upstream oil and gas development and production company has announced the completion of works required to resume production from the Montara oil field. This restart follows an extensive maintenance and inspection shut down.  'Work…

A 'Chicago Boy' Takes the Reins at Petrobras

Jan 04, 2019

Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA, will either save the indebted oil major - or strip it to the bone.Tapped by far-right President Jair Bolsonaro, who took power on Tuesday…

WoodMac on Medco Energi's Potential Takeover of Ophir Energy

Jan 03, 2019

Wood Mackenzie Research Director, Angus Rodger, provides insight on a of UK-listed Ophir Energy by Indonesia's Medco Energi.'On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released…

Miller Takes Over as Halliburton Chairman

Jan 02, 2019

Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective January 1, 2019, following the retirement of executive chairman Dave Lesar on December 31…

New CEO at Kuwait Petroleum

Dec 26, 2018

Kuwait has appointed Hashim Sayed Hashim as chief executive of Kuwait Petroleum Corporation (KPC), state news agency Kuna reported on Wednesday.Hashim was also appointed as vice chairman of the KPC's board, the report said.(Reporting by Hadeel Al Sayegh; Editing by Christian Schmollinger)

Port of Amsterdam CEO Appointed Energy Commissioner

Dec 23, 2018

Port of Amsterdam CEO Koen Overtoom and ten other Amsterdam residents have been named Energy Commissioners by Platform 02025, a non-profit that aims to make Amsterdam a leader in clean energy.Amsterdam port said in a press release that the appointment…

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