Marco Wirén Appointed President at Wärtsilä
Marco Wirén, M.Sc. (Econ.), has been appointed President of Energy Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective October 1, 2018.In this position, he is responsible for Wärtsilä's Energy Solutions business globally, and will report to President & CEO Jaakko Eskola.Wirén is currently the Chief Financial Officer of Wärtsilä, holding this position since August 2013. Prior to joining Wärtsilä, he had broad-ranging experience of financial management and international business management from the steel manufacturer SSAB…
CEO Haugan Leaves Kvaerner to Lead Aker Energy
Jan Arve Haugan resigns as President & CEO of Kvaerner, and from March 1, 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner, is appointed interim CEO. Haugan has been President & Chief Executive Officer with Kvaerner since its demerger from Aker Solutions and stock listing in the summer of 2011. "Under Jan Arve Haugan's management, Kvaerner has developed into a leading, renowned oil service company with EPC services as our specialty. Competitiveness, project execution and, ultimately, the results, have continued to improve.
Diamond Offshore Names Senior VP, CFO
Diamond Offshore Drilling, Inc. has appointed Kelly Youngblood as Senior Vice President and Chief Financial Officer, to be effective May 3, 2016. Youngblood succeeds Gary T. Krenek, who is retiring after 33 years of service to the Company and its predecessors. Prior to joining the company, Youngblood held a variety of managerial positions with Halliburton Company, where he most recently served as Vice President, Investor Relations. Youngblood joined Halliburton in 1988 as a Staff Accountant and served in numerous financial management positions for Halliburton and its subsidiaries…
Thousands March Against Prolonged Ghana Blackouts
Thousands of Ghanaians marched peacefully through parts of the capital Accra to protest the government's failure to solve a three-year long electric power crisis that has sapped businesses and hindered economic growth. The march, organised by Ghanaian celebrities and artistes, drew a gathering of academics, civil servants and private business people which stretched half a kilometre through the streets of the city's eastern districts. The marchers, draped in black and red, held kerosene torches and candles as they chanted anti-government slogans. Among them was a man carrying a table-top refrigerator which he said was damaged by frequent power cuts.
Hofste, Montijn Nominated to Supervisory Board Fugro
Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board at the Annual General Meeting of Shareholders (AGM) to be held on 30 April 2015. Mrs. P. (Petri) H.M. Hofsté (1961) has held senior financial management positions at different organisations. She was a partner at KPMG before she was appointed group controller and later deputy chief financial officer at ABN AMRO Bank. Thereafter she has been division director of the Dutch Central Bank and chief financial and risk officer of APG Group, the largest Dutch pension administrator.
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, taking responsibility for financial control, reporting and cash management and providing strategic financial direction as Cubility looks to grow sales of its core product, the MudCube. “We are in great position for significant market growth over the next few years and we are delighted that Kai has joined the executive leadership team at Cubility,” said Cubility CEO, Even Gjesdal.
China State Shipbuilding, CNPC Among 11 Caught in Auditor Snare
China's National Audit Office has found irregularities at 11 state-owned conglomerates ranging from misrepresentation of assets to illegal property development, highlighting the challenges the government faces in overhauling the public sector. China National Petroleum Corp (CNPC), the parent of PetroChina Co Ltd , China Resources (Holdings) Co Ltd, the parent of 10 companies listed in Shanghai and Hong Kong, and defence contractor China South Industries Group Corp, were among the firms whose 2012 audit reports were released on Friday. China has been moving…
