Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration of Neptune Energy Norway and transformation of the Company.''I am both excited and humbled. Excited by the opportunity to lead one of the world’s fastest growing oil and gas companies with 1…
Vår Energi has changed its executive management team, with Nick Walker will be joining Vår Energi as CEO and current CEO, Torger Rød, is transfering to the new role as COO.Walker most recently held the position as CEO of European E&P independent…
The first lifting of oil from Repsol's Yme field in the North Sea, offshore Norway, was completed Wednesday, OKEA, a partner in the project, said.'A total volume of 100,000 barrels was lifted, of which OKEA will be allocated 15,000 barrels.…
After years of delays, the Yme field in the North Sea offshore Norway, now operated by the Spanish oil firm Repsol, has started producing oil, again.The Yme is a field in the southeastern part of the Norwegian sector of the North Sea, 130 kilometers northeast of the Ula field…
Oil and gas company Energean, focused on the development of its Karish gas field offshore Israel, has appointed engineering firm Wood's Chair Roy Franklin OBE as an Independent Non-Executive Director.Franklin will join Energean's Nomination and Governance Committee and its Environment…
Offshore oil and gas exploration and production company Kosmos Energy has appointed Roy A. Franklin as a member of its Board of Directors, effective June 9, 2021. Franklin is a senior executive with more than 45 years in the energy industry…
U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…
Australia has stunned the oil industry with a levy to cover the estimated $200 million cost of removing facilities and cleaning up the area around an oil field off northwest Australia after the small company that owned the project collapsed…
Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier…
The article originally titled 'Yme Start-up Date Uncertain as COVID-19 Delays Maersk Inspirer Works' has been updated to include a statement by the Repsol spokesperson who has confirmed the start-up is now expected in 2021.Spanish oil firm Repsol…
Spanish oil company Repsol has been given a green light to use the Maersk Inspirer jack-up rig at the Yme field, in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, to connection, completion, and…
The start of production at Repsol's Yme oilfield, the group's largest project off Norway, will be delayed until the second half of 2020 as preparations take longer than expected, the Spanish energy firm confirmed on Thursday. Repsol, which holds…
Malaysia's state-owned oil and gas company Petronas has acquired 49% of Repsol SA's participating interest in Andaman III oil and gas block off the coast of Aceh, Indonesia, according to a Petronas statement released on Monday.Repsol will still hold a 51% stake in the block after the deal…
Asia Pacific focused independent Jadestone Energy said it has appointed Lisa A. Stewart as a non-executive director of the board, effective December 1, following the departure of Eric Schwitzer, effective November 30. Jadestone will continue to have eight directors…
Madrid-based integrated offshore operator Repsol is leading a pack of foreign oil companies in Norway that are extracting largely tail-end production in exchange for paying a decommissioning tab or getting a second shot at an older oilfield…
