Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
PEOPLE
ExxonMobil Corp. CEO Rex Tillerson, who is President Donald Trump’s pick for secretary of state, retired at year-end 2016 after more than 41 years of service. Darren Woods, who served as president, took over as chairman and CEO Jan. 1.
Fike Corp. named Brad Batz president and CEO.
Royal Dutch Shell Plc’s CFO Simon Henry will step down in March after seven years in the post and will be replaced by Jessica Uhl, a finance executive in Shell’s gas business.
PDC Energy Inc. appointed David Honeyfield CFO and senior vice president.
The board of directors of BOURBON appointed Astrid de Bréon CFO of the group. She assumes her function Feb. 1 and will resign from her seat on the board of directors.
Tom Walters, president of ExxonMobil Production Co., has retired after more than 38 years of service. Neil Duffin has been named president of ExxonMobil Production Co. and a vice president of the corporation. Liam Mallon has been elected president of ExxonMobil Development Co.
Chevron Corp. selected Clay Neff as president of Chevron Africa and Latin America Exploration and Production.
Steve Besore joined Central Power Systems as its new vice president, off-highway business development.
Exterran Corp. appointed Roger George senior vice president, Global Engineering and Product Lines. George will succeed Steven Muck, who has elected to retire.
Magdalena Moll will take over the responsibility for corporate affairs at OMV as senior vice president.
Vikas Moharir, Joe Sanders, Chris Strohman and Sharon Ramsey will be leading business development; delivery assurance; HSE, security and assurance; and strategic resourcing, respectively, within Wood Group’s Asset Life Cycle Solutions business for the Western Hemisphere.
Asset Guardian Solutions Ltd. appointed Mark Steel business development manager for the U.K.
Viking Oil Tools appointed Michael Foster its new regional manager.
HIPOWER SYSTEMS has chosen lead sales engineer Mike Massolini to direct the sales and marketing effort for its new Distributed Power Systems division.
InterAct selected Francois Florence as a senior reservoir engineer.
Ducatus Partners has expanded its Houston team with two senior hires. Jack Coker and Allister Graham will join the team as principals to focus on senior client relations and best-in-class service delivery.
Arcadis North America appointed Alan Baxter city executive for Chicago.
MMI Engineering Ltd. named Dr. John Evans managing director.
NORBIT appointed Mairi Law director of sales and marketing.
Charlotte Bishop, remote sensing projects manager, NPA Satellite Mapping, CGG, has been elected as chair of the Geological Remote Sensing Group.
Siim A. Vanaselja has been designated as the next chair of the TransCanada Corp. board.
Beach Energy Ltd. announced the unexpected passing of Doug Schwebel in December 2016. He joined Beach in 2012 as a nonexecutive director. The company also named Richard Richards, CFO of Seven Group Holdings Ltd., an alternate director to Ryan Stokes.
Entek Energy Ltd. selected Howard Dawson as a nonexecutive director.
The board of Tap Oil Ltd. appointed James Menzies executive chairman.
Gloria R. Boyland and Luke R. Corbett have been appointed to the Chesapeake Energy Corp. board of directors. Kimberly K. Querrey has resigned from the board due to other commitments.
James “Jimmy” Smith joined Wavefront Technology Solutions Inc.’s board of directors.
The board of Woodside appointed Larry Archibald a nonexecutive director.
COMPANIES
Schlumberger acquired Peak Well Systems in January.
C&J Energy Services Inc., along with its subsidiaries, has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy.
FMC Technologies Inc. and Technip S.A.’s respective shareholders voted to approve the proposed business combination of Technip and FMC Technologies. The transaction was completed in January.
Chevron Corp. reported that its wholly owned subsidiaries have entered into an agreement with Star Energy Consortium to sell Chevron’s Indonesian and Philippines geothermal assets.
BP’s U.S. Lower 48 onshore business will establish its headquarters in Denver to be closer to its substantial operating asset position in the Rocky Mountain region.
Veolia has been awarded a multimillion- dollar contract for the supply of the Customized Water Flood water treatment system on the Ngujima-Yin FPSO facility that will operate in Woodside’s Greater Enfield Area development fields offshore northwest Australia.
Geokinetics Inc. will acquire the intellectual property and legacy assets of Geotrace Technologies. The transaction is expected to be finalized in early 2017.
Premier Oilfield Laboratories LLC acquired COREX UK Ltd.
Tri-Point acquired Leed Fabrication, Streamline Production Systems and Superior Fabrication.
Element Materials Technology launched its Coatings Center of Technical Excellence at its Amsterdam facility.
Ashtead Technology acquired TES Survey Equipment Services LLC.
Tenaris inaugurated its new service center in Midland, Texas, in December 2016.
Recommended Reading
E&P Highlights: Jan. 12, 2024
2024-01-15 - Here’s a roundup of the latest E&P headlines, including an SLB-Nabors collaboration and new contract awards.
Prairie Operating Acquires More D-J Basin Assets for $94.5MM
2024-01-15 - Houston-based Prairie Operating Co. is scaling its D-J Basin footprint with a $94.5 million acquisition of Nickel Road Operating LLC.
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
2024-02-15 - The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
Gushing, Ohio: EOG Joins Ascent, Encino in Top Oil Wells
2024-01-22 - EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.