Exxon names GM's former president to lead oil and gas business
Exxon Mobil announced on Tuesday that Dan Ammann - the former president of General Motors will be taking over its most profitable and largest business in early 2013. Ammann, who joined Exxon in 2012 to lead its Clean Energy Unit, Low Carbon Solutions (Low Carbon Solutions), will replace Liam Mallon, a 34-year veteran of Exxon, as president and CEO of Exxon’s Oil and Gas Pumping Business, starting on February 1, 2025. Ammann's appointment and that of Barry Engle, a former GM executive as president of Low Carbon Solutions reflects the continued reshaping by outsiders of top management at this U.S. oil company.
Seath Takes Over as Decom North Sea GM
Decom North Sea (DNS) announced that Karen Seath will join the organization in September, in the role of General Manager. With the total cost of UKCS decommissioning expected to reach approximately £4.5billion in the next five years, these are strategically critical times for the North Sea decommissioning industry. This has been amply demonstrated by the publication of the Wood Review and the more recent “Scotland’s Independent Expert Commission on Oil and Gas: Maximizing the Total Value Added”. Both reports urge the industry to find “game changing” solutions to the challenges of decommissioning.
