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BG Group completes sale of CATS pipeline interest

BG Group has completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea along with associated infrastructure to Antin Infrastructure Partners, Paris.

Leadership named for Oxy California independent spinoff

Occidental Petroleum Corp. has appointed Todd A. Stevens as president and chief executive officer and William E. Albrecht as executive chairman of its independent spinoff California Resources Corp. (CRC).

Arawak Energy to acquire Lundin’s Komi region assets

Arawak Energy Russia BV has agreed to acquire all interests in the Sotchemyu-Talyu and North Irael fields in Russia’s Komi region from Lundin Petroleum AB.

Phillips 66 boosts capital expenditures for 2014

The board of Phillips 66 has approved a $1.2-billion increase for the company’s capital expenditures this year to $3.9 billion to support the company’s growth strategy.

Lukoil Overseas makes management appointments

Lukoil Overseas has made several management appointments.

 

KKR, Riverstone to form Barnett-focused Trinity River Energy

Kohlberg Kravis Roberts & Co. LP (KKR) and Riverstone Holdings LLC have signed a definitive agreement to combine the existing assets held by KKR Natural Resources Funds with the assets of Legend Production Holdings LLC, a Riverstone company, to create a Fort Worth-based oil and gas company named Trinity River Energy LLC.

Suncor, GE aim to reduce GHG emissions, water usage in oil sands

Suncor Energy Inc., Calgary, and GE have signed two agreements that aim to reduce greenhouse gas (GHG) emissions and water usage in the oil sands.

Maersk to divest oil field, write off $1.7 billion in Brazil assets

Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, has opted to write off $1.7 billion in investments in Brazil’s Wahoo and Itaipu fields while divesting its ownership share in Polvo field.

Wintershall to farm in to Luno II lease offshore Norway

Wintershall Norge AS has agreed to acquire 15% interest in production license 359 (PL359), which encompasses the Luno II discovery, from Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB.

IOC names chairman, director of refineries

A.M.K. Sinha has been named chairman of Indian Oil Corp. Ltd. He succeeds R.K. Malhotra, who retired after a brief stint as chairman.

Warren Resources to enter Marcellus with assets purchase

Warren Resources Inc., New York, has agreed to acquire the Marcellus assets of Citrus Energy Corp., Castle Rock, Colo., along with two additional working interest owners for $352.5 million, effective July 1.

Woodside signs farm-in for permits offshore Morocco

Woodside Petroleum Ltd. has finalized a farm-in agreement with independent firm Chariot Oil & Gas Ltd. for a position in the Doukkala basin offshore northwest Morocco.

Gore shares stage with opponent of Aussie carbon tax

When governments meddle in energy markets, strange things happen—such as an appearance by Al Gore with a coal magnate at a press conference announcing opposition to carbon taxation.

Linn to purchase acreage from Devon for $2.3 billion

Linn Energy LLC, Houston, has agreed to acquire assets in five US operating areas from Devon Energy Corp., Oklahoma City, for $2.3 billion, effective Apr. 1.

Unipetrol buys out Eni for ownership of Czech refining company

Unipetrol AS has exercised its right of preemption to acquire soon-to-be former partner Eni SPA’s interest in Ceska Rafinerska AS (CRC), a refining company in Czech Republic.

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Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, limited supervision, well-organized, team player.  Exp performing O&G well file research, compiling data, preparing AFEs, economics, writing procedures and recommendations.  Exp in supervising workovers, well intervention projects, and knowledge of ops in both onshore and inland waters.  Petroleum Engineering degree or equivalent.  Exp in planning and executing sidetracks and new drills preferred.   Communication skills a must.   Current BOP cert preferred.  Comp benefits.

Gulf Coast Petroleum Engineer

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, li...
Vantage Drilling

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chemark

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Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS: Gas Pipeline Compressor Station Operator, Gas Pipeline Compressor Station I&E Technician, Gas Pipeline Compressor Station Maintenance Technician.

Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS

Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMM...
Transocean

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January 26, 2015
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