Former OPEC secretary general Dr. Alhaji Rilwanu Lukman, who led the oil producer group between 1995 and 2000, passed away in the early hours of Monday in Vienna, the organization said in a statement. He was 75.Nigeria-born Lukman's career in the oil industry spanned five decades…
Danos recently named Alan Broxson, a 35-year veteran of the oil and gas industry, manager of the company’s new Instrumentation and Electrical (I&E) Division.Earlier this month, Danos acquired I&E company API Control System Solutions (API)…
Blue Growth a priority as EU launches Adriatic and Ionian StrategyBetter cooperation between countries in the Adriatic and Ionian regions is needed to address shared challenges and better exploit joint opportunities, the EU Fisheries department said today in a statement…
Petroleum engineers are among the best paid professionals in the United States. Only chief executives and some specialist doctors earned more last year, according to federal government pay data.Petroleum engineers were paid an average of $132…
The founder of Kurdistan-focused oil company Gulf Keystone, Todd Kozel, has stepped down from the its board, the company said at its annual general meeting on Thursday, giving in to shareholder pressure.Gulf Keystone also announced that…
Chevron will cut about 225 jobs in its North Sea oil operations in Aberdeen, Scotland following a review of its business, the company said on Wednesday.The jobs reduction will include contractors, employees and expatriates, it said in a statement to Reuters…
Siemens Wind Power said on Wednesday two senior executives will leave the company, one to a firm in Denmark, a leading producer of wind turbines and a major consumer of renewable energy.A spokesman from Siemens Wind Power, a Denmark-based unit of Siemens AG…
Wild Well Control, Inc. announced that BEARCO International’s personnel will be joining with Wild Well’s well control engineering group, bringing the relief well expertise of John Wright, Jim Woodruff and Bill McElduff on board to further enhance…
Transocean Ltd. said it is to convene an Extraordinary General Meeting (EGM) of Shareholders September 22, 2014, in Zug, Switzerland, to approve Miller's appointment as follows:Assuming Miller is elected by shareholders at the EGM, the board intends to designate him as Vice Chairman…
EFC Group, a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, has appointed Anand Puthran as its managing director, a newly created role for the company.Anand joins…
Danos recently named Glenn Gros General Manager of the company’s Fabrication Division. In addition to the day-to-day management and oversight of Danos’ nearly 30-year-old fabrication yard at the company’s headquarters’ in Larose, Gros will also be responsible for establishing the company’s new…
Maersk Tankers, a unit of A.P. Moller-Maersk, said on Thursday it had quit four unprofitable crude oil charter contracts by buying out supertankers and selling them onwards, continuing its exit from crude oil transportation.The company now has charters for just two supertankers…
France has received EU backing for a new decree allowing the government to block foreign takeovers of French companies in strategic industries, Economy Minister Arnaud Montebourg said on Thursday.In a surprise move, the government widened…
CWind Ltd, a provider of services to the offshore wind industry, is once again among the winners at the RoSPA Occupational Health and Safety Awards 2014. The Gold award in the prestigious annual scheme run by the Royal Society for the Prevention…
World shares close to peaks, bond yields creep higher ADP report fuels hopes for upbeat non-farm payrolls ECB keeps rates at record low, Draghi expected to stay dovishWorld shares dipped from a record high and the dollar and U…