Archive for the ‘Other Personnel News’ Category
Urban League wants to build an energy careers pipeline, official says
October 11th, 2016 by Latest News
The National Urban League called on the oil and gas industry and other US energy businesses to work more aggressively in educating and recruiting minorities to fill future positions as their companies expand and their workforces grow.
Merger of ADMA-OPCO, ZADCO due by 2018
October 10th, 2016 by Latest News
A steering committee formed by Abu Dhabi National Oil Co. (ADNOC) will oversee merger of the company’s two main offshore operating companies, Abu Dhabi Marine Operating Co. (ADMA-OPCO) and Zakum Oil Development Co. (ZADCO).
Survey: Planned salary freezes by US oil, gas firms to drop in 2017
September 28th, 2016 by Latest News
Just 27% of US oil and gas firms plan to freeze salaries in 2017 compared with more than half of those firms doing so in 2016, according to a survey from Aon Hewitt, a provider of human capital and management consulting services.
Maersk splits oil, transport businesses
September 23rd, 2016 by Latest News
A.P. Moller-Maersk AS, Copenhagen, is separating its transportation and oil businesses and starting a 2-year strategic review of the latter.
A recovery in the oil and gas industry may have already begun or will begin next year, according to more than half (59%) of the oil and gas professionals surveyed recently by Deloitte. This would mean that the industry downturn—now 2 years old—may be drawing to a close, the survey suggests.
FEATURE: Top-level hiring brisk at E&P companies, recruiter says
September 12th, 2016 by Latest News
While oil and gas work struggles in a commodity-price slump, top-level recruitment at exploration and production companies is brisk, says an energy-industry recruiter with more than 20 years of experience.
Petrobras gets 11,704 workers to volunteer for termination program
September 2nd, 2016 by Latest News
Petroleo Brasileiro SA (Petrobras) said 11,704 employees have enrolled in its voluntary termination program designed to “optimize productivity and reduce costs.”
Despite increases in crude-oil prices since the start of the year, employment in oil and natural gas extraction and support activities continue to decline from levels reached in the fall of 2014.
Royale Energy, Matrix Oil agree to merge
July 25th, 2016 by Latest News
Royale Energy Inc., San Diego, and privately held Matrix Oil Corp., Santa Barbara, have agreed to merge in a $41.5-million deal making Matrix a wholly owned subsidiary of Royale.
Atlas Resources restructuring planned
July 25th, 2016 by Latest News
Atlas Resources Partners LP, Philadelphia, will emerge from a planned restructuring as Titan Energy LLC.