Seadrill CFO to Step Down in June
Norwegian offshore drilling rig firm Seadrill Ltd said on Thursday that Chief Financial Officer Mark Morris will step down following completion of the company's financial restructuring.The company, controlled by Norwegian-born billionaire John Fredriksen, said it has begun a formal search process…
Fastnet Demerges Oil, Gas Assets
Cathal Friel, Non-Executive Chairman, commented, "Today's announcement positions Fastnet to focus exclusively on the Company's strategy of pursuing acquisition opportunities within the healthcare sector. "Ring-fencing the Company's existing oil and gas assets in a trust structure is designed to allow the search for a buyer of these oil and gas assets to continue.
Lamprell CEO to Retire in 2016
Oil rig maker Lamprell Plc said Chief Executive James Moffat would retire next June and that it had promoted Tony Wright to the role of chief financial officer with immediate effect. John Kennedy will take on the role of executive chairman until the next annual general meeting in 2016, the company said on Friday.
