Aker Energy CEO out
CEO Jan Arve Haugen of Ghana-focused Aker Energy has resigned, replaced in the interim by Svein Jakob Liknes, who was the company’s head of operations. Changes are also being made to the company’s board.
CEO Jan Arve Haugen of Ghana-focused Aker Energy has resigned, replaced in the interim by Svein Jakob Liknes, who was the company’s head of operations. Changes are also being made to the company’s board.
DecomWorld – part of Reuters Events- today announced the confirmation of over 30 international E&P delegations to attend their 12th Annual D&A Summit (March 31 – 1 April, Houston).
The nation has reached a milestone of 100 gigawatts of installed wind energy capacity, with more than half of that installed in the past seven years, according to the Department of Energy.
American billionaire and Democratic presidential contender Michael Bloomberg has said the next US leader should halt fossil fuel subsidies altogether.
Ocean Infinity has won 2D high-resolution seismic work from Total in Angola.
Russia’s Tatneft has restarted its acquisition of seismic in Libya, the National Oil Corp. (NOC) has announced, picking up where it left off in 2014.
More than a dozen job losses are expected to hit the workforce of a Halliburton company in the north-east.
The $1.7 billion hit to Tullow Oil Plc’s market value on Monday — a 65% drop — provides a stark reminder of why bosses shouldn’t stay too long at the top. The hydrocarbon producer has been stubbornly overoptimistic about its prospects. Reality has now dawned, and it turns out the London-based group is in an extremely tight position.
Malin Marine has appointed a new director to significantly grow the business.
The UK government's draft legislation for the Finance Bill 2019 spells out HMRC's plans to extend IR35 compliance obligations to end users in the private sector. Since its publication, familiarity and anxiety with IR35, also known as the 'off-payroll working rules', has escalated rapidly. Matthew Sharp, tax specialist at Fieldfisher, answers some of the questions that have emerged from greater awareness of the proposed legislation.
Even as Mexico’s president and Petroleos Mexicanos’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller.
When analysing Guyana’s production sharing agreements (PSAs), it is important not to be misled by statements comparing Guyana’s 2% royalty with higher royalties in other countries (set on average at about 10%-15%).
A long-running dispute between a North Sea helicopter firm and its engineers has reached a resolution as workers overwhelmingly accepted a revised pay offer.
Liberia has set out plans for a licensing round in 2020, via the Liberia Petroleum Regulatory Authority (LPRA).
Predator Oil & Gas Holdings has signed a rig option agreement with Star Valley Drilling for work on Morocco’s Moulouya-1 prospect.
One of the world’s biggest offshore drilling contractors will go to court today seeking action against Greenpeace following a massive demonstration earlier this year.
Ghanaian President Nana Addo Akufo-Addo has ceremonially launched the generation of electricity, using gas from the Sankofa field.
Norwegian energy major Equinor has started up production from its 2 million barrel Barnacle field in the UK North Sea.
Well management firm Exceed Energy has enjoyed at jump in profits after injecting fresh impetus to its overseas expansion ambitions.
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
Subsea UK has announced a new board of senior subsea leaders following a ballot at its AGM last week.
China announced the creation of its long-planned national oil and gas pipeline company, officially kicking off one of its biggest energy revamps aimed at helping supply keep pace with swelling demand.
A preliminary hearing for a fatal accident inquiry into a helicopter crash off Shetland in 2013 is due to begin in January, the Crown Office has confirmed.
Tullow Oil chief executive Paul McDade and exploration director Angus McCoss have resigned with immediate effect as production expectations for 2020 and beyond have been slashed.
Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members.