ONS: Industry innovator picks up award
Martin Landrø, the man behind developing 4D seismic, was given the Norwegian Petroleum Directorate's (NPD) IOR award for his contribution to the industry.
Martin Landrø, the man behind developing 4D seismic, was given the Norwegian Petroleum Directorate's (NPD) IOR award for his contribution to the industry.
The newly formed Oil and Gas Innovation Centre (OGIC) has appointed a Society of Petroleum Engineers' (SPE) director as its chief executive.
Petrofac chairman Norman Murray has quit the oil and gas service company, with immediate effect.
Hunting Energy Services has appointed a new regional manager for Norway as it shifts its focus to the Scandinavian market.
Maersk Training has appointed a new general manager in Aberdeen.
GDF Suez has a new man at the helm of its North Sea business.
RMEC has made two senior appointments.
Some of Scotland’s top executives have been shortlisted for this year’s IoD Director of the year awards, to be held in London in October.
Faroe Petroleum has appointed the “Oil Woman of the Year” as an independent non-executive director.
Survivex has appointed a new chief executive.
Aubin has appointed a new chief operating officer to its leadership ranks.
A North Sea worker is suing oil giant Shell after he was allegedly exposed to deadly asbestos dust more than 40 years ago.
Houston billionaire Richard Kinder is consolidating his pipeline empire to strengthen it for growth as the US shale drilling boom opens up $1.5trillion in potential purchases and expansion projects.
The former head of BG Group is heading east to take up a new job chairing a major gas project in Papua New Guinea.
A wave of job cuts marks the start of an industry trend, according to a sector expert.
US shale-focused explorer Rose Petroleum has promoted its head of new ventures to lead its American oil and gas division.
Shell today confirmed it will shed about 250 jobs from its Aberdeen office over the next year.
tow Helicopters has made two senior appointments.
Oil explorer Gulf Keystone, who recently saw the departure of its disfavoured chief executive, has appointed two new directors to its board.
Trinidad-focused explorer Leni Gas & Oil (LGO) has promoted its director of finance to a full time role as the firm's finance boss.
Energy service firm EnerMech has appointed Haliburton’s senior boss as its regional director for the Middle East and Caspian region.
Aberdeenshire energy service firm Proserv has appointed two new vice presidents in a bid to strengthen its position for further global growth.
BP has appointed the executive director for stability strategy and risk at the Bank of England as its new group chief economist.
Nigeria-focused explorer Afren has temporarily suspended its chief executive and chief operating officer over allegations of unauthorised payments.
British Gas owner Centrica has hired BP director Iain Conn on a £925,000 salary for one of the most politically sensitive jobs in UK industry. Mr Conn, who has been boss of BP’s downstream refining and marketing division, will succeed Sam Laidlaw as chief executive at a time of anger over energy prices and the launch of a full-scale competition probe into the sector. The new boss is being paid slightly less than Mr Laidlaw’s £950,000 but has been awarded shares equivalent to a year’s salary, dependent on performance in his first year in charge. A second incentive scheme worth two times salary is due to be released in 2018. Mr Laidlaw, who is due to stand down at the end of the year, has been in charge of Centrica since 2006. The company said in that time he has invested £1.70 for every £1 of profit earned, while revenues have increased from £13 billion in 2005 to £27 billion last year. Mr Conn has been responsible for running BP’s customer-facing activities in the fuels, lubricants and petrochemicals sectors. This includes 18,000 service stations in 70 countries, serving around 12 million customers every day. He has been a board member of BP since 2004 and has previously held a number of senior roles in trading, exploration and production, and management of corporate functions such as safety and human resources. Centrica chairman Rick Haythornthwaite paid tribute to Mr Laidlaw for “exceptional leadership” over the past eight years. He added: “Under his stewardship Centrica has achieved strength and scale which is of great benefit to the UK as we secure the future energy needs of our customers in an increasingly international gas market.” Mr Haythornthwaite said Mr Conn brought an impressive combination of experience: “He heads a global consumer brand familiar to millions of people and he also possesses a deep understanding of the energy sector built up over a lifetime in the industry. “His breadth of knowledge and commitment to customers and safety make him ideally suited to lead Centrica in the next phase of its development.” Centrica said it was planning for shareholders to vote on a simpler incentive scheme for its executive directors at next year’s AGM, including a lower maximum potential payout than in the current policy. Other recent changes at the top of Centrica have seen finance director Nick Luff and British Gas boss Chris Weston both announcing their departures.