Lamprell Appoints New CEO
Lamprell a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries has appointed Christopher McDonald as Chief Executive Officer and director effective 1 October 2016, succeeding Jim Moffat who will be retiring from the Company as previously announced. Prior to his appointment, Mr McDonald held the position of Executive Vice President and Group Head of Business Development with Petrofac based in the UAE where he had overall accountability for global sales for the company.
Oklahoma Earthquake Surge Tied to Energy Activity -Study
A dramatic jump in the number of earthquakes in Oklahoma to a rate never seen there by scientists before, appears to be caused by a small number of wells where wastewater associated with oil and gas production is injected into the ground, a study released on Thursday said. Just a few of these so-called disposal wells, operating at very high volumes, "create substantial anthropogenic seismic hazard," according to findings from Cornell University researchers published in the journal Science. Earthquake activity in Oklahoma has skyrocketed in recent years, and the U.S.