Oilfield services company Petrofac Limited has appointed Alastair Cochran as the company's new chief financial officer and executive director, succeeding Tim Weller.
Though market fundamentals aren't ideal, Houston's oil and gas environment is at an inflection point as it inches toward $60 oil.
FMC Technologies expects to continue its restructuring efforts following layoffs of 1,000 worldwide in this year's third quarter.
BHP Billiton Chairman Jac Nasser says he will not seek re-election at next year's annual general meeting.
Enbridge is laying off 5% of its workforce after an organizational review, a spokeswoman says.
Norway's oil and gas survey technology firm Electromagnetic Geoservices ASA (EMGS) will be reducing its staff as soon as possible, the company's chief financial officer told Rigzone.