With clients cutting projects due to low oil and gas prices, Technip said it targeted cost cuts of 830 million euros ($919.31 million) with 700 million to be delivered in 2016 and the rest in 2017.

John Hogg, a native of Hamilton, Ontario, is an AAPG honorary member who previously was chair of the AAPG House of Delegates and president of the association’s Canadian region, a news release said.

Starting July 1, Sembcorp Marine will be one brand focusing on four key capabilities: rigs and floaters; repairs and upgrades; offshore platforms; and specialized shipbuilding, a news release said.

Tim Cutt’s title will become president, petroleum, effective July 1, and the changes will allow him to focus on growing the value of the company’s petroleum business.

Joar Welde said Peter Jenkins will now oversee 4Subsea’s strategy of delivering solutions that lower opex and capex on subsea well systems and production riser systems.

Norwegian Shipowners’ Association represents employers in mediation with Industri Energi union, DSO union members. Without deal, workers on two Teekay-owned ships in Knarr and Varg fields will strike, Bloomberg said. 

Qatar Petroleum plans overseas expansion amid less oil output after restructuring, foreign investment sector takeover. Company pumped 650Mbbl/d of crude in May, Bloomberg said. Qatar is largest exporter of LNG.

Nicolas de Coignac, president, North America, said the personnel appointments will streamline synergies between drilling, accessories, service and other operations, benefiting the France-based tubular solutions company’s North American customers. 

The decision followed Ashley Heppenstall's decision to step down from the positions with the company.

Prior to joining Apache, Rodney J. Eichler was vice president of exploration for Axem Resources LLC in Denver. He also worked for Tenneco Oil Co. 

Currently, Henrik Lundin is a senior reservoir engineer for Lundin Petroleum AB, focusing on the Brynhild and Johan Sverdrup fields. He was a petroleum/thermal engineer for Tanganyika Oil Co. Ltd.

Statoil plans to lose about 1,100 to 1,500 permanent employees and 525 consultants by the end of 2016, the Stavanger-based company said. More organizational changes will be announced by the end of the month, it said in a statement.

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