Congressman Steve Scalise leaned over the railing of the Chevron Corp. oil platform floating in inky blue waters 250 miles off the Louisiana coast and marveled to a cluster of lawmakers that it produces 75,000 barrels of crude every day. Scalise is one of the oil industry’s busiest tour guides in Congress. Eight times, he’s lured… Continue Reading »
U.S. Democratic presidential candidate Bernie Sanders on Monday said he opposes a proposed natural gas pipeline between Pennsylvania and New York and called on New York officials to reject the project. “The possibility of methane leaks from the proposed Constitution Pipeline would be catastrophic to our air and our climate – and if this pipeline… Continue Reading »
Norwegian shipowner, Farstad Shipping, has appointed Olav Haugland as the company’s new chief financial officer (CFO) after current CFO, Torstein L. Stavseng, has decided to take an early retirement after 28 years of company service. “Torstein L. Stavseng has been an important and valuable person to the company for 28 years. Farstad Shipping would like to… Continue Reading »
FMC Technologies is taking legal action against its four former Norwegian employees and their company Optime Subsea Services, established in alliance with subsea installation player DeepOcean last year. Reportedly FMC claims that Optime’s founders have used FMC knowhow and technology for inventions that they have patents pending. According to one of the founders and CEO… Continue Reading »
Gassco, a Norwegian operator of gas pipes transporting natural gas from the Norwegian Continental Shelf to Continental Europe and Great Britain, has introduced its new management team which takes over today, March 29. Gassco’s new management team includes Øystein Rossebø, responsible for development and innovation, and Inghild Storesund, head of finance and improvement processes. In… Continue Reading »
UTEC Survey, an Acteon company, has added a new member to head up its new branch office in Abu Dhabi. Noel Cowley, working for UTEC group since 2007 in various operational and senior management positions, will head up the Abu Dhabi office as general manager. “Having participated the company’s phenomenal growth in international markets I look… Continue Reading »
Former Energy Transfer Equity Chief Financial Officer Jamie Welch, who was fired last month, has sued the company for breach of contract, saying he believes his “termination was motivated by an agenda unrelated” to his performance. Energy Transfer has been working to buy rival Williams Companies since June in an effort to build the largest… Continue Reading »
The actions that resulted in former Chesapeake Energy Corp. chief Aubrey McClendon’s indictment aren’t uncommon across the shale patch, lawyers and analysts said. McClendon was charged Tuesday with allegedly violating antitrust laws known as the Sherman Act by coordinating a scheme in which two companies didn’t bid against each other for oil and natural gas leases… Continue Reading »
Seatronics, an Acteon company, has appointed Kevin Strachan as head of finance. The new role will require Strachan to lead the finance function in each of Seatronics’ global bases and divisions, the company said. Strachan holds a masters degree in accounting from Aberdeen University, and a chartered accountant designation from the Institute of Chartered Accountants… Continue Reading »
Boskalis has appointed Bram Gräber (50) as group director Maritime Services for its Offshore Energy division. Gräber will be responsible for the maritime services activities including heavy marine transport and subsea services within Boskalis. Peter Berdowski, CEO Boskalis: “We are very excited that Bram has taken on this position. I believe his extensive and successful track… Continue Reading »
