The appointment completes Occidental's previously disclosed succession plan with Hollub succeeding Stephen I. Chazen, who stepped down as CEO following the company's annual shareholder meeting.
"We take notice of the numbers from this year's report and work systematically to reduce the risk and number of critical events," the Norwegian Oil and Gas Association said in a statement.
The CEO of accommodation rig firm Prosafe has stepped down and the company is looking at alternatives to improve its financial situation, Prosafe said on April 27, according to Reuters.
Lewis is replacing long-serving CEO Samir Brikho who left unexpectedly in January. His main priority will be to reach the company's target to halve debt before June 2017 and to boost investor confidence.
As part of 10,300 job cuts it has already announced, 2,800 will come from integration of BG and 7,500 from Shell’s existing staff and direct contractor base, Reuters reported.
The Georges Bank Protection Act, which received all-party support in the House of Commons, entered into force on February 27 and provides the ministers with new authorities to prohibit oil and gas activities in the area.
Charlotte Kula has more than 30 years of accounting and finance experience across multiple sectors of the oil and gas industry, including services, drilling and shipping, Sigma Cubed said in a news release.
KPC called on the unions to work with it to find a way out of the dispute, and warned that under Kuwaiti laws it was illegal to obstruct work in public facilities in areas such as oil, gas and petrochemicals, Reuters said.
Dudley was due to receive 20% more in 2015 than in 2014 even though shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the company last year.
Vadim Son will become CFO of Volga Gas Plc, the company working in Russia’s Volga region said April 13. Effective that day, Tony Alves resigned as CFO.
David Evans has a bachelor’s degree from the University of London, a postgraduate diploma from Oxford Brookes University in the U.K. and a master’s degree from the University of Canberra in Australia.
The company said it remains "fully committed" to supporting the Venezuelan E&P industry. However, it is unable to increase its accounts receivable balances beyond their current level, Reuters said.