New boss says service giant Wood Group ‘feels smaller’
Wood Group chief executive Bob Keiller said yesterday steps taken since he took on the top job meant the international energy service giant was on the road to becoming a world-class company.
former chief executive
Ex-Cape pair get £1m-plus compensation
Two former bosses of troubled oil service firm Cape have received compensation payments totalling more than £1million.
Lukoil agrees £1.35bn deal with Hess
Lukoil, Russia's second largest crude oil producer, has agreed to acquire small producer Samara-Nafta for £1.35billion from US firm Hess as part of a long-term strategy to stabilise falling oil output.
Reef Subsea Group chief executive steps down
Reef Subsea Group said last night its chief executive, Mark Preece, was stepping down by mutual agreement. The Norwegian firm added: "Mr Preece will be leaving the company immediately to pursue other interests. The board wishes him every success in his new pursuits."
Ithaca to snap up rival
Oil and gas firm Ithaca Energy said yesterday it had agreed to buy smaller rival Valiant Petroleum for £203million.
Ithaca agrees to buy rival in £203m deal
Oil and gas firm Ithaca Energy said yesterday it had agreed to buy smaller rival Valiant Petroleum for £203million.
Demand there – can industry meet it, asks Gould
BG Group chairman Andrew Gould will tell an audience of industry leaders tomorrow that oil and gas firms' only constraint is their own ability to meet global demand.
Former Shetland boss speaks out
Shetland could scupper Alex Salmond's vision for an independent Scotland, according to a former chief executive of the islands' council.
ATR adds to team
Energy service company ATR has appointed Bob Forbes and David McKendrick as chairman and sales and marketing director respectively.
New chief at Cape
Industrial service group Cape named a new chief executive yesterday, filling a post that has been vacant since March.
PCT hires former Subsea UK CEO
Alistair Birnie, former chief executive of Subsea UK, has joined the board of acoustic technology manufacturer PCT as technical director.
Hayward a major draw at industry dinner
THE former chief executive of BP who stepped down after last year's Deepwater Horizon rig disaster in the Gulf of Mexico was in Aberdeen last night.
Engineering firms under new ownership
There has been a change of ownership at Aberdeen-based engineering companies DE Engineering and DE Hydraulics.
Ian brings 30 years’ experience to Metacor board
ABERDEEN corrosion management specialist Metacor has announced an experienced addition to its board, as it builds for further international growth in the Americas and south-east Asia.
KCA Deutag stalwart Maurice White retires
A STALWART of the north-east oil and gas industry has retired after 31 years at drilling contractor KCA Deutag, the firm confirmed yesterday.
BP chairman fends off critics as investors vent anger
BP shareholders registered their anger at senior directors' pay and their connections to the Royal Bank of Scotland by only narrowly passing the firm's remuneration report yesterday.
Cairn boardroom role for ex-Talisman chief
THE former chief executive of Canadian oil firm Talisman Energy, Jim Buckee, has joined Cairn Energy, of Edinburgh, as a non-executive director.
Oil service company looking for growth
OIL service company TESCO Corporation said yesterday it had appointed Doug Sedge as vice-president and general manager for Europe to help drive business growth.