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Shell gets conditional approval for US Arctic drilling plan

The US Bureau of Ocean Energy Management (BOEM) on May 11 conditionally approved Shell Gulf of Mexico Inc.’s revised multiyear exploration plan (EP) that proposes the drilling of as many as six wells on the Burger prospect in the Chukchi Sea.

PwC: Low oil prices reduce 1Q M&A activity in US

Mergers and acquisitions (M&A) activity in the oil and gas industry took a hit in value and volume during the first quarter compared with fourth-quarter 2014, as the drop in oil prices continued to impact companies’ growth strategies, according to a report from PwC US.

NGSA, CLNG report intent to combine

The Natural Gas Supply Association (NGSA) and the Center for Liquefied Natural Gas (CLNG) reported their intent to combine.

Seven Group increases interest in Beach Energy

The diversified Seven Group Holdings, Perth, media combine has taken another bite of Beach Energy Ltd., Adelaide. It has increased its interest in Beach from 16.24% up to 18.29% following the acquisition of an extra 26.6 million shares at prices of about $1.12 (Aus.)/share.

Gazprom, CNPC sign heads of agreement on western route

OAO Gazprom and China National Petroleum Corp. signed a heads of agreement for gas supply via the western route from Western Siberia to China. The companies had signed a framework agreement on the western route last November.

Noble to acquire Rosetta for $2.1 billion, enter Permian

Noble Energy Inc., Houston, has agreed to acquire Rosetta Resources Inc., Houston, in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta’s net debt of $1.8 billion as of Mar. 31. The deal is expected to close in the third quarter.

OTC: Nova Scotia draws deepwater interest with latest bid round

The Canadian province of Nova Scotia reported the addition of seven new offshore blocks in its deepwater region May 5 at the Offshore Technology Conference in Houston.

OTC: Indonesia seeks paradigm shift in developing western deepwater assets

Indonesia is working to change the way it develops its oil and gas resources, according to Ir. I Gusti Nyoman Wiratmaja, Indonesia's acting director general of oil and gas.

OTC: Shell determined to proceed with drilling in US Arctic

Despite numerous regulatory hurdles and impassioned resistance from environmentalists, Royal Dutch Shell PLC maintains that it is on track to drill two wells in the Chukchi Sea during drilling season this summer.

OTC: Federal, state cooperation vital for offshore energy development

US coastal states and the federal government will need to continue having an open and honest dialogue about the safe and reliable exploration and development of offshore oil and gas resources, panelists agreed May 5 in an opening session at the Offshore Technology Conference in Houston.

OGJ Newsletter

International news for oil and gas professionals

Brightoil Petroleum appoints executive director

Brightoil Petroleum (Holdings) Ltd., Hong Kong, reported that Wang Wei has been appointed as executive director.

BG Group CEO reports 1Q earnings, speaks on pending purchase by Shell

BG Group Chief Executive Officer Helge Lund commented on the pending acquisition of his company by Royal Dutch Shell PLC during the company’s first-quarter earnings webcast.

Study shows proposed Pennsylvania gas severance tax would be costly

A proposed natural gas severance tax in Pennsylvania would have negative economic consecutives for the state, according to a Natural Resource Economics Inc. study released May 7 by the Associated Petroleum Industries of Pennsylvania (API-PA).

Chesapeake reports 1Q net loss of $3.782 billion

Chesapeake Energy Corp., Oklahoma City, reported a first-quarter net loss of $3.782 billion, down from a net income of $374 million in first-quarter 2014.

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PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

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Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How to Apply: www.essgulf.com

Offshore Catering Jobs Available

Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How...
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Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers Full benefit package Must be able to work any shift, day, night and weekends,...
Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
Railroad Commission of Texas

NOW HIRING: EXECUTIVE DIRECTOR

Railroad Commission of Texas is NOW HIRING an Executive Director. The Commission is accepting applications for the position of Execu...

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