Borr Drilling has appointed Patrick Schorn as its new chief executive officer, succeeding Svend Anton Maier who will remain with the company as a special adviser.
Repsol Sinopec Resources UK’s (RSRUK) new CEO has tempered the company’s latest set of “strong” results by saying they “do not reflect” their current challenges.
British oil and gas explorer Ophir Energy is to seek $1.2billion in Chinese loans to bankroll its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guinea, according to chief executive Nick Cooper.
Origin Energy Ltd. Managing Director Grant King, head of Australia’s largest electricity company since 2000, will be replaced by its energy markets head, Frank Calabria, the company said Friday.
When you’re owed $7 billion and the borrower asks for more time to pay, it tends to make you nervous.