Oil Is Falling Again.
Austria’s Finance Minister Hans Joerg Schelling tells reporters that OMV will name a surprise candidate Friday to take over as chief executive.
Chevron seeks to sell its entire stake in Caltex Australia for $3.6 billion.
Aker Solutions appoints Tore Sjursen as its new VP for operation improvement and risk management and Knut Sandvik as the new head of its MMO business.
Drillship operators face a more brutal hit to margins than they did in 2008 because of the huge cost of maintaining the more than $10B worth of state-of-the-art vessels, analysts say.
Industry veterans and experts offer tips and advice for offshore workers who are considering transitioning from working on a rig to working in an office.