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Friday, January 30, 2015

SBM Offshore reintroduces COO position

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be hel ...
West Europe | Friday, January 30, 2015

CFO to leave Atlantic Petroleum with immediate effect following cost-saving relocation

Atlantic Petroleum (NASDAQ OMX Copenhagen: ATLA DKK & Oslo Stok Exchange: ATLA NOK) today announces that the Company will re-locate its finance function to Bergen and close down the Torshavn office. In connection with this re-location the Company's CFO Mourits Joens ...
West Europe | Friday, January 30, 2015

Wednesday, January 28, 2015

Oilex appoints new UK non-executive director

Oilex Ltd (ASX: OEX, AIM: OEX) announces the appointment of Mr. Jeffrey D. Auld (48) as a UK based independent non-executive director. Mr. Auld has over 24 years of experience in the oil and gas sector focused on financial and commercial management in upstream oil and g ...
West Europe | Wednesday, January 28, 2015

BP cuts 255 jobs in Azerbaijan, but remains committed to region

British oil major BP (BP.L) said on Tuesday it had cut around 8 percent of its workforce in Azerbaijan, or 255 jobs, as it streamlines costs in response to the "challenging market environment". In December, BP announced a $1 billion (0.66 billion pounds) oper ...
Russia FSU | Wednesday, January 28, 2015

Tuesday, January 27, 2015

Fastnet Oil & Gas announces management changes

Fastnet (AIM: FAST, ESM: FOI), the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review of t ...
West Europe | Tuesday, January 27, 2015

Tetra Technologies announces leadership change in offshore services division

TETRA Technologies, Inc. (NYSE: TTI) today announced that Peter J. Pintar, currently TETRA's Senior Vice President - Corporate Strategy and Development, will become Senior Vice President of TETRA's Offshore Services Division. Mr. Pintar will report to Joseph Elk ...
North America | Tuesday, January 27, 2015

Monday, January 26, 2015

American Energy Partners appoints new Chief Financial Officer of its affiliates

American Energy Partners, LP (AELP) today announced that it has hired Jennifer M. Grigsby as the Chief Financial Officer of its affiliates American Energy - Woodford, LLC (AEW) and American Energy - Minerals Holdings, LLC (AEMN). Grigsby, 45, previously worked for Chesa ...
North America | Monday, January 26, 2015

Hey Bo Didley, do you know this RIF?

"Those who fail to learn from history are doomed to repeat it." -Sir Winston Churchill Once again, there is a lot of excited chatter about cost cutting in our industry. Oftentimes in the past, this has meant cutting great swathes of people (also known in bett ...
West Europe | Monday, January 26, 2015

Friday, January 23, 2015

1845 Oil Field Services appoints new CEO

1845 Oil Field Services today announced that logistics industry veteran Dave Lamolinara has been hired by the Board of Directors to succeed Tim Buffington as the company's next chief executive officer. Buffington, an original founder of 1845, will continue on in an ...
North America | Friday, January 23, 2015

Apache appoints new Chief Financial Officer

Apache Corporation (NYSE, Nasdaq: APA) announced today Stephen Riney will be appointed as executive vice president and chief financial officer. He is scheduled to begin in February. Riney brings over 30 years of financial and accounting experience to the position. He j ...
North America | Friday, January 23, 2015

Shoreline Energy announces management changes

Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") announces that Mr. Gary Lobb has resigned as Chief Financial Officer of the Corporation effective immediately to pursue other interests. "On behalf of the Board of Shoreline, w ...
North America | Friday, January 23, 2015

Fidelity Exploration & Production appoints new CEO

MDU Resources Group, Inc. (NYSE:MDU) announced today that Pat O'Bryan will become chief executive officer of its Fidelity Exploration & Production Company, effective March 1. He also will retain his current position as president. He succeeds J. Kent Wells, who has ...
North America | Friday, January 23, 2015

Arawak Energy terminates Strategic Cooperation Agreement with Gulfsands Petroleum

Gulfsands Petroleum plc (AIM: GPX) provides the following update with respect to its relationship with Arawak Energy International Limited ("Arawak") concerning the Strategic Cooperation Agreement for the acquisition and development of new business opportuniti ...
West Europe | Friday, January 23, 2015

Thursday, January 22, 2015

Blackbird Energy announces appointment of Vice President, Exploration

Blackbird Energy Inc. (TSX VENTURE:BBI) is pleased to announce that Mr. Craig Wiebe has been appointed to the position of Vice President, Exploration. Prior to his appointment as Vice President, Exploration, Mr. Wiebe held the position of Consulting Geologist with Black ...
North America | Thursday, January 22, 2015

Oil price, Tullow, Faroe, Sundry-Lancashire CC- Gulf Keystone-Madagascar- And finally...

Oil price A modest bounce in the oil price yesterday as news leaked out that the ECB will announce today that Euro-QE will be €50bn a month for a minimum of 12 months. Opec Secretary General El-Badri again said that there would be no Opec cuts and he was surprised ...
West Europe | Thursday, January 22, 2015

FAR Ltd appoint Gordon Ramsay new Executive General Manager, Business Development

FAR Ltd (ASX: FAR) has appointed respected oil industry analyst and advisor, Gordon Ramsay as Executive General Manager, Business Development. The new role will include responsibility for identifying new industry opportunities for FAR following its exploration success o ...
Australasia | Thursday, January 22, 2015
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