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What’s

People

Trending

Woods named

Exxon president

Big time

ExxonMobil has chosen • Aker, Saipem join

Darren W. Woods to be pres- subsea forces ident and a member of the • Cameron stockholders say yes company’s board of directors, effective 1 January to Schlumberger merger 2016. Woods is currently senior vice president of •

Fugro wins Guyana survey the corporation. Rex W. Tillerson will continue his

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Activity

Shell, BG to shed 2800 jobs as merger clears

Shell has cleared the ? nal regulatory approval for its US$70 billion acquisition of BG Group, after receiving “unconditional merger clearance” from the Chinese Ministry of Commerce. The plan to combine companies will mean the loss of 2800 jobs, or 3% of the two’s combined global workforce.

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