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Category Archives: People

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McDermott Welcomes New Board Member

February 24, 2016

McDermott International has appointed Erich Kaeser to its board of directors, effective February 23, 2016. Kaeser will serve on the company’s audit committee. Kaeser served in key executive and advisory positions, with a strong focus on the Middle East markets, throughout his 35-year career at Siemens AG. His experience includes executive advisor to the Siemens… Continue Reading »

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Oil Industry Bet Big on Jeb Bush for President. Now What?

February 23, 2016

U.S. oil and gas executives bet big on 2016 Republican presidential candidate Jeb Bush – they donated more to his White House run than to all of his rivals combined, according to a Reuters review of campaign disclosures. But that was last year. Now Bush faces what party strategists and donors view as a make… Continue Reading »

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Putin’s Reward For Doing A Deal With OPEC Overshadowed By Risks

February 17, 2016

Neither a recession nor a collapse in revenue has yet been enough to convince Russian President Vladimir Putin that it’s time to join with OPEC in cutting oil output to boost prices. His reasons may be pragmatic rather than political. As Russia’s oil minister meets his Saudi Arabian counterpart in Doha on Tuesday, the world’s… Continue Reading »

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Expro Names New CEO

February 17, 2016

Expro has appointment Mike Jardon as chief executive officer, succeeding Charles Woodburn who is leaving the company in April to join BAE Systems. Jardon joined Expro in 2011 as chief operating officer, after holding senior roles within Schlumberger’s wireline, completions, well testing and subsea businesses, and at Vallourec & Mannesmann, where he led the organisation’s… Continue Reading »

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JFD Boosts Team

February 11, 2016

JFD has appointed Valerio Percoco as sales director. The appointment follows the company’s contract win with NATO, as well as the merger of James Fisher Defence, Divex and the National Hyperbaric Centre. Valerio Percoco joins JFD from Offshore Installation Services (OIS), the subsea integrated project management service provider. Giovanni Corbetta, managing director, JFD said: “We… Continue Reading »

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Mexico’s Pena Nieto Axes Pemex CEO, Orders Cuts Amid Oil Slump

February 10, 2016

Mexican President Enrique Pena Nieto on Monday removed Emilio Lozoya, the head of ailing state-oil firm Pemex, replacing him with the country’s social security chief whom he tasked with cutting costs amid a global oil rout. A close ally of Pena Nieto, Lozoya became Pemex CEO in December 2012, overseeing the company during a momentous… Continue Reading »

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Oil Tycoon Pickens Cashes Out on Oil, Awaits Time to Get Back

February 6, 2016

Oil tycoon T. Boone Pickens, who made and lost fortunes targeting some of the largest U.S. crude explorers over the past 40 years, has cashed out as the worst crude market downturn in decades drags on Pickens has sold all his oil holdings and is waiting for the best moment to get back in, he… Continue Reading »

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India’s PM Narendra Modi Calls for Fresh Look at Country’s Petroleum Sector

January 8, 2016

India’s Prime Minister Narendra Modi called for a fresh look at the petroleum sector as the government looked for solutions to address increasing energy consumption in the South Asian country following a meeting with top officials of supermajors such as BP plc and Royal Dutch Shell plc as well as the International Energy Agency (IEA)… Continue Reading »

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OIS Names New Managing Director in Aberdeen

December 12, 2015

Offshore Installation Services Ltd (OIS), an Acteon company, has named Colin Shellard as its new managing director. Based in Aberdeen, Shellard is responsible for setting the strategy at OIS, as the company continues to focus on new opportunities in the offshore decommissioning sector. He will also play a key role in developing opportunities for OIS… Continue Reading »

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SPE Aberdeen Section Names New Chairman

December 6, 2015

The Society of Petroleum Engineers (SPE) Aberdeen Section Board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman. Phillips assumes the position from Shankar Bhukya, who has stepped down ahead of a move to Singapore. Ian Phillips, an MBA qualified Chartered Petroleum Engineer, has held positions including… Continue Reading »

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