Page 5: of Offshore Engineer Magazine (Feb/Mar 2015)

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Sustained low oil prices provide canvas for industry to reinvent itself

Matthew Jurecky, GlobalData’s Head of Oil & Gas Research and Consulting, takes a look at current mergers and acquisi- tions activity in the oil and gas industry.

People

What’s Trending

Bruheim named

EMGS CEO

Business as usual

Bjarte H. Bruheim • Egypt signs six new oil and gas took over as agreements

EMGS’ CEO following the board’s decision to • Statoil adds to Krafa reserves accept ex-CEO Roar Bekker’s resignation in early • Maria jumps in resources

January. Bruheim has served as the company’s executive chairman since July 2004.

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Offshore Engineer