The Board of Directors approved amendments to the Remuneration Procedure for Gazprom Board of Directors Members with due regard to the methodological guidelines on applying key performance indicators developed by the Russian Ministry of Economic Development and the Federal Agency for State Property Management (Rosimushchestvo).
Catherine Hughes has informed that she will resign from her position as member of the board of directors in Statoil ASA with immediate effect in order to avoid potential conflicts of interest following a recent change of circumstances.
The recent fall and volatile nature of the oil price has undeniably affected exploration and production companies on a global scale. Oil and gas companies are undoubtedly being forced to adjust the way in which they operate within all areas of business.
The Omani Government has previously announced they aim to empower all aspects of the domestic chain including constructing a world-class refining complex, new field discoveries and EOR developments amongst others, as part of their petroleum strategy.
Ten best innovations selected for recognition from among 148 contributions, ranging from aerial detection of oil spills to amendments to radios, desktops, security gates, and drilling rigs. Once implemented on a larger scale and in the right business lines, they will all actively contribute to facilitating future operations.
Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply products businesses. The businesses will be managed by Statoil Fuel and Retail A/S (“SFR”), a wholly-owned indirect subsidiary of Couche-Tard.
New SeaHow skimmer systems can be implemented to almost any work boat over 6m in length. Skimmers are designed to collect both light and heavy oils efficiently. These features provide totally new operational efficiencies especially for near shore and coastal oil spill response.