Chevron Announces Leadership Changes
Oil major Chevron announced Monday it has named Navin Mahajan vice president and treasurer, effective February 1, 2019, and Dale Walsh vice president of Corporate Affairs, effective March 1.Mahajan, who is currently vice president, Finance Downstream & Chemicals, succeeds Randy Richards…
Richards Takes over for Bennett as Chevron VP
Chevron Corporation today announced that Randolph S. Richards has been named corporate vice president and treasurer, effective May 1, 2016. Richards replaces Paul V. Bennett, who is retiring from the position after 36 years of service with the company. "Paul has demonstrated a tremendous capability to both assess and manage risk…
LNGL Registers Bear Paw Assessment
Bear Paw Pipeline Corporation Inc. (Bear Paw), an indirect wholly owned subsidiary of Liquefied Natural Gas Limited (LNGL), has today registered its Environmental Assessment (EA) with Nova Scotia Environment. Bear Paw is proposing to construct and operate a 62.5 km natural…
Topaz Energy and Marine Net $ 20.8m Profit
Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015. * Net Profit for the period was US$ 20.8m before exceptional items, impairment charge of US$71 million on vessels and a one-off charge of US$8.3 million associated with debt re-financing.
LNGL Extends Fisherman's Landing Project Lease
March 2018 has been secured, subject to the provision of appropriate evidence demonstrating to GPC that the FLLNG Project remains a positive investment intention. The extension consideration reflects the existing option provision within the GPC Site Agreement for Lease.
Case Study: $1.55 Billion FPSO Financing
The $1.55 billion financing of the Cidade de Saquarema floating production, storage and offtake (FPSO) vessel had a difficult genesis and complex logistics. SBM Offshore and its co-sponsors overcame these challenges to achieve cost effective financing with the world’s first FPSO deal backed by four export credit agencies.
Oil Near 12-year Lows, Iran Supply Looms
UN likely to confirm Iran compliance with nuclear deal on Friday. Oil prices steadied on Thursday, but remained near 12-year lows on the prospect of Iran unleashing its oil on an oversupplied market and with few signs of improving demand in a fragile global economy. Brent crude…
Cubility Appoints Sæveland CFO
Cubility AS, an industry provider of solids control solutions that improve efficiencies and HSE around drilling operations, has announced the appointment of Kai Preben Sæveland as the company’s Chief Financial Officer. Kai’s role will be to manage the financial performance of the company…
