Royce G. Binnion Jr. was sentenced to five years in prison and fined $10,000 by a Harris County jury in a Houston court. He stole more than $1 million from NOV between 2008 and 2011.

ExTek AS is Norway’s only oil, gas industry core competency training center using globally recognized CompEx Scheme. Seagull aims to be complete provider of training solutions, said its managing director. 

Johann Pleininger, who joined OMV in 1977, will replace Jaap Huijskes as head of E&P, Reuters said. Pleininger is currently senior vice president for CEE and Black Sea there.

Shannon (Shane) E. Young III is currently senior vice president and CFO at Talos Energy LLC. John P. Wilkirson will remain a consultant to Cobalt through the end of October.  

Elaine Lisenbe joined the company as financial controller in 2011. Valencia Amenson joined the company in 2014 as director of human resources for the U.S. 

Company statement said National Oil Co. of Liberia struggles to meet operational and personnel obligations, Reuters reported. Tullow Oil, Chevron, Anadarko and African Petroleum had been operating in Liberian waters.

During his career, Edward E. Horton III helped develop first-generation floating systems. He is a named inventor of standard concepts such as the spar and tension-leg platform.

Hart Energy’s Offshore Executive Conference in November will feature more than 250 senior offshore oil and gas executives. Conference sessions will focus on emerging plays, key technologies and market trends. 

Earlier, President Buhari approved the cancellation of controversial offshore processing and crude swap deals for refined oil products between state oil firm NNPC and oil traders, Reuters said. 

According to Iran's oil minister, Bijan Zanganeh, holding an emergency OPEC meeting might help stabilize the price of oil, Reuters reported from a statement from oil ministry news agency Shana.

The change became effective immediately. EMGS has initiated a search for a new CEO.

A fire onboard the Skandi Stolmen, a supply vessel operated by Norskan Offshore, was extinguished. The vessel was operating in the Campos Field offshore Brazil.