Kenny Murdoch Named Acteon CFO
Ovenden who will retire effective July 1.Murdoch joins Acteon with three decades of global financial leadership experience, with 27 years in the energy industry. He has spent 18 years of his career with Schlumberger in both regional and global finance roles. In 2010 he was appointed as Global CFO for Maersk Oil and then CFO of Bumi Armada, where he added investor relations and fundraising to his portfolio. Kenny has also worked across private equity backed projects.Ovenden will remain in his role and complete a handover process to his successor over the coming weeks.Carl Trowell, Group Chief Executive
Tenaris Tests in Culzean Project
with its local and global teams.Expert services included technical consulting, pipe management, as well as a dedicated field services expert at the rig site to support running operations.Tenaris was first awarded the long-term contract to supply pipe casing and related services for Culzean in 2015 from Maersk Oil, which was acquired by Total in 2018
CGG Names Baidoukov CFO
will be based in Paris and report to the Chief Executive Officer, Sophie Zurquiyah.Baidoukov brings to the role 25 years of international oil and gas industry experience. He is currently Group CFO at OiLSERV Group, a Middle East and North Africa Oilfield Services company. Prior to this, he was CFO of Maersk Oil US, and Group CFO of Integra Group, a CIS oilfield services company. Baidoukov spent 10 years of his career at Schlumberger in finance positions at the corporate and regional levels.Baidoukov holds an MBA degree from TRIUM Global Executive MBA, a joint program of NYU Stern School of Business, LSE
Maersk Likely to Shelve Plans to List Drilling Division
Sky Bet.Maersk Drilling reported a loss of $1.5 billion last year versus a loss of $709 million in 2016, hit by an accounting impairment of $1.75 billion following the classification as discontinued operations.AS part of its restructuring, Maersk group agreed last year to sell its oil and gas business, Maersk Oil, to French oil major Total in a $7.5 billion deal. (Reporting by Clara Denina, Jonathan Saul, Dasha Afanasieva, Jacob Gronholt-Pedersen and Stine Jacobsen; Additional reporting by Nerijus Adomaitis; Editing by Pravin Char
Maersk Establishes Decomissioning Company
and Maersk Supply Service have both done decommissioning work for various clients. Since 2016, Maersk Supply Service has been project-managing and executing the full scope of decommissioning services for the Janice, James and Leadon subsea fields in the UK North Sea for the operator - former Maersk Oil, now Total. While Maersk Drilling did the plug and abandonment (P&A) for the James and Leadon wells, Maersk Supply Service provided the marine asset coverage on all three subsea fields and took on the responsibility for the engineering, subcontractor management, offshore planning, interface
Bibby Offshore Completes Maersk Oil UK Contract
Subsea services provider Bibby Offshore said it has completed a multimillion dollar contract with Maersk Oil UK, providing subsea structure and pipeline inspection support in the UKCS. The four-week campaign, completed in October this year, saw Bibby Offshore’s subsea support and construction vessel Olympic Bibby operate across Maersk Oil’s Gryphon and Dumbarton fields. The work scope was also supported by Bibby Offshore’s project management team based in Westhill, Aberdeen.
Maersk Oil CEO to Step Down after Total Takeover
The chief executive of Maersk Oil, Gretchen Watkins, will leave the company when Total's acquisition of the company has been completed, Maersk said Wednesday. Watkins joined Maersk Oil as Chief Operating Officer in January 2014 and took the role of CEO in October last year. Prior to joining Maersk Oil, she had worked at Marathon Oil and BP. Total agreed last month to buy the oil and gas business of A.P. Moller-Maersk for $7.45 billion, strengthening the French major's operations in the North Sea. The current COO at Maersk Oil, Martin Rune Pedersen, will become vice president
Total, Chevron Team up in Gulf of Mexico Oil Exploration
. Total’s participation in these wells will be between 25 percentand 40 percent.The first of these wells was spudded late July on the Ballymore prospect in Mississippi Canyon. “This agreement, together with the recently announced participation in the Jack field as part of the Maersk Oil acquisition, increases Total’s footprint in the USA GoM where it can apply its exploration expertise and deepwater technologies. Total values Chevron’s performance as a GoM deepwater company and this agreement expands a successful co-ownership already in place on the Tahiti field&rdquo
John Crane Wins North Sea Maintenance Data Contract
John Crane Asset Management Solutions has secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at one of the largest new developments in the U.K. North Sea. At the Culzean field, John Crane Asset Management Solutions will provide data build services as well as establishing a maintenance plan for all topside equipment. A Detailed Criticality Analysis and Maintenance Definition (DCAMD) strategy will be developed to cover high-criticality equipment with generic procedures being used for non-critical appliances. The Culzean gas condensate
February 2024
