The company said it planned to lay off the workers, both contractors and permanent employees, by the end of second-quarter 2021.
In conjunction with the retirement of CFO Don E. Wallette Jr., ConocoPhillips also said William (Bill) L. Bullock Jr. had been named as Wallette’s replacement.
Kayne Anderson will consolidate its two energy private equity teams and one of the managing partners, Chuck Yates, will exit the firm, a source familiar with the matter told Reuters.
William (Bill) Albrecht succeeds Laredo Petroleum’s founder, Randy Foutch, who decided to not stand for re-election to the board.
Dril-Quip Inc. has promoted Jeffrey J. Bird to president and COO and Raj Kumar to vice president and CFO, effective as of May 14. These new roles will complement the leadership of Blake DeBerry as CEO.
David Preng, founder, president and CEO of Houston-based Preng & Associates, says letting your network know immediately is key for those who have lost their job amid the oil market crash.
Fresh off the end to proration discussions in Texas, CEO Matt Gallagher shares how Parsley Energy is responding to demand loss plus the Permian shale producer’s focus on technology and ESG.
By the time he retired from Newfield Exploration in 2000, Foster had built the E&P company into a thriving multibillion-dollar business.
In a statement, Stephen Johnson said he and the WaterBridge board are confident that now is the right time to transition the water midstream company’s leadership to the “next generation of talent.”