Ill-health brings CEO change for Modec
The president and CEO of Japanese floating production specialist Modec is stepping down due to ill health.
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BP CEO Looney takes £1.7m pay package in 2020
BP CEO Bernard Looney was awarded a total pay package of £1.7million in 2020.
Borr Drilling appoints Patrick Schorn as new chief executive
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 CEO: Strong results don’t reflect ‘extremely challenging environment’
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.
Ophir to seek $1.2b in Chinese loans for FLNG project
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’s King steps down as Calabria takes on cutting debt
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.
New Pemex CEO raises hopes of contractors for $7billion payment
When you’re owed $7 billion and the borrower asks for more time to pay, it tends to make you nervous.