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Top related persons:
Kate Thomson - 1 Murray Auchincloss - 1 Bernard Looney - 1 Thomson - 1 Auchincloss - 1 Looney - 1 Karl Johnny Hersvik - 1
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Aker BP - 2 International Energy Agency - 1 BP - 1 Email Aker - 1

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6 mentions found


☆ BP names Kate Thomson as interim CFO in post-Looney reshuffle
  + stars: | 2023-09-19 | by ( ) www.cnbc.com   time to read: +1 min
The International Energy Agency recently reported that 2021 saw energy-related carbon dioxide emissions rise to their highest level in history. BP on Tuesday appointed Kate Thomson as interim chief financial officer to take the place of Murray Auchincloss who became interim CEO last week. The reshuffle follows the abrupt departure of CEO Bernard Looney last week after he did not fully disclose past relationships with colleagues. Thomson, who joined BP nearly 20 years ago, previously headed the finances of the energy giant's oil and gas production and operations division. Auchincloss, 52, worked closely with Looney in devising BP's energy transition strategy and has advocated a focus on high-return assets to finance the transition, according to two company sources.
Persons: Kate Thomson, Murray Auchincloss, Bernard Looney, Thomson, Auchincloss, Looney Organizations: International Energy Agency, BP, Aker BP Locations: London
☆ Aker BP CEO says second-quarter results were ‘extremely positive’
  + stars: | 2023-07-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAker BP CEO says second-quarter results were ‘extremely positive’Karl Johnny Hersvik, CEO of Aker BP, discusses the Norwegian oil group’s second-quarter earnings and the firm’s outlook for the rest of the year.
Persons: Karl Johnny Hersvik Organizations: Email Aker, Aker BP
☆ Exclusive: Shell energy transition prompted talks to sell Norway business
  + stars: | 2023-01-10 | by ( Ron Bousso | ) www.reuters.com   time to read: +3 min
SummarySummary Companies Shell, Harbour Energy held talks late last yearTalks included Norway, Italy and some UK assetsShell shifting focus to low-carbon, renewablesLONDON, Jan 10 (Reuters) - Shell (SHEL.L) held talks with Harbour Energy (HBR.L) to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. Shell and Harbour Energy declined to comment. Shell and ConocoPhillips (COP.N) are the last two oil majors to operate offshore fields in Norway, while TotalEnergies (TTEF.PA) only retains stakes in non-operated fields. Negotiations with Harbour Energy included Shell's assets in Norway and its small-scale operations in Italy and several ageing assets in the British North Sea, the sources said. Beyond oil and gas, Shell is involved in several major renewables and low-carbon projects in Norway including in offshore wind blocks, a biofuels plant and the Northern Lights carbon storage and use project.
☆ Eni's Vaar Energi makes Arctic gas discovery
  + stars: | 2022-12-23 | by ( ) www.reuters.com   time to read: +1 min
OSLO, Dec 23 (Reuters) - Norway's Vaar Energi (VAR.OL), majority owned by Italy's Eni (ENI.MI), said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area. "This is the largest discovery on the (Norwegian continental) shelf this year and comes as a Christmas gift," Vaar exploration manager Alessandro Barberis said in a statement. Preliminary estimates place the size of the gas discovery between 57 million and 132 million barrels of recoverable oil equivalents, or 9 million to 21 million standard cubic metres. "The discovery could serve as another step towards realising additional gas infrastructure in the Barents Sea in the future," said Rune Oldervoll, Vaar's head of production and exploration. "We have a long-term growth strategy for the Barents Sea and will continue to chase new opportunities for value creation."
☆ Equinor, partners delay development of northernmost Arctic oilfield
  + stars: | 2022-11-10 | by ( Nerijus Adomaitis | ) www.reuters.com   time to read: +2 min
OSLO, Nov 10 (Reuters) - Norway's Equinor (EQNR.OL) and partners are delaying the development of what could have been the world's northernmost Arctic oilfield in production, citing rising costs and supply industry capacity constraints, the oil major said on Thursday. Equinor was now aiming for an investment decision on the Wisting oilfield in the offshore Arctic by the end of 2026 instead of December this year, it said. Wisting would have been the fourth hydrocarbon field in production in the Norwegian Arctic. The Norwegian Environment Agency said this year Equinor had failed to show it was safe to produce oil from Wisting, all year-around in harsh Arctic conditions. Equinor and partners say they could have developed Wisting in an environmentally safe way.
☆ Consortium including Aker, Trafigura offers to buy OMV's E&P unit -report
  + stars: | 2022-10-18 | by ( David Carnevali | Foo Yun Chee | ) www.reuters.com   time to read: +2 min
REUTERS/Denis Balibouse/File PhotoVIENNA, Oct 18 (Reuters) - A consortium including Norwegian energy group Aker has made an unsolicited offer to buy most of Austrian oil and gas firm OMV's exploration and production business, according to newspaper report on Tuesday which an industry source confirmed to Reuters. Register now for FREE unlimited access to Reuters.com RegisterAn industry source confirmed the consortium's expression of interest but identified Aker BP as the member rather than Aker ASA. OMV confirmed that it had received a letter expressing interest in its E&P business. The offer also did not include OMV's Romanian unit Petrom or E&P business in Russia, Kurier reported. The consortium estimated the value of the 51% stake in the E&P division at $5.5 billion to $7 billion, Kurier added.
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