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Maersk Decom, a joint venture decommissioning company, has appointed Jacob Halberg to its CFO position. Halberg had previously held various leadership positions in finance at Novo Nordisk Engineering, IBM, and Maersk Data. Halberg has 17 years of experience in corporate finance and holds an MSc in economics from the University of Southern Denmark.

Saipem named Stefano Cavacini CFO, effective 15 November. Cavacini has more than 18 years of experience in finance, administration, and IT at various multinational groups in the industrial sector. He has been the CFO of Esaote since June 2015. Prior to that, he worked at Indesit, serving as CFO and group planning and control director 2011 to 2015. Cavacini joined Inde…

Intrepid Financial Partners appointed Antonio (Tony) Fernandez, SPE, managing director of its acquisitions & divestitures (A&D) team based in Houston. The newly formed group sits within Intrepid’s advisory business and will be dedicated to A&D advisory and transaction execution for the firm’s energy clients. Fernandez was most recently a senior A&D banker at JP Morgan…

i-Tech Services’ mini ROVs are quick to deploy and can be transported to a site via helicopter or airline carrier. The vehicles have high maneuverability and power-to-weight ratio, allowing them to carry small tools and manipulators for operating effectively in strong currents. They are also suited for rapid mobilization and manual deployment from any platform, FPSO, …

The Federal Reserve Bank of Dallas’ quarterly survey of operators and service companies shows an industry still confident in its near-term growth prospects. However, concerns remain about a number of issues, ranging from the steel tariffs to crude oil price differentials in the Permian.

Fracturing two or more wells at the same time creates connections. While fracturing fluids reach out further, those ties create a stronger link, though not forever.

Using semistructured interviews with key informants from Fort McMurray, Alberta, this paper details how residents perceive fly-in/fly-out workers and what effects this new employment strategy may have on their community.

Stanford researchers have mapped local susceptibility to man-made earthquakes in Oklahoma and Kansas. The new model incorporates physical properties of the Earth’s subsurface and forecasts a decline in potentially damaging shaking through 2020.

The Bureau of Safety and Environmental Enforcement announced updated Oil and Gas Production Safety Systems regulations. The revisions reduce unnecessary regulatory burdens while ensuring that operations remain safe and environmentally responsible.

Montrose Port, a leading support and service hub for the energy industry, has broadened its services to the northeast energy industry by announcing its latest tenant, behavioral safety and culture change specialists Ethos Empowerment.