president, refining and chemicals, and as a member of the company ’s executive committee, effective immediately. He elevates ..... Pouyanne, who became chief executive officer and president of the company ’s executive committee last week following the death of
Production is to begin in 2018 from deepwater Stampede oil field in the Gulf of Mexico under a development plan approved by operator Hess Corp. and partners.
The government of Nova Scotia has let a contract to Petrofac for a development study on a prospective offshore oil reservoir lying 3,000 m beneath
dates from 2017 to 2019, he told OGJ. The company can’t feasibly catch up for time lost on ..... of the risks to that investment, and the government should not bend the rules to allow the company to continue business as usual,” she said
PGNiG Upstream International, the Norway-focused subsidiary of Polish Oil & Gas Co., has agreed to acquire 8% interest in Gina Krog field, 24.243% in Vilje field, 24.243% in Vale field, and 6% in Morvin field on the Norwegian continental shelf from Total E&P Norge AS, a wholly owned subsidiary of
DNO ASA, Oslo, has appointed Jeroen Regtien as chief operating officer based in Dubai, effective Jan. 1, 2015.
expected to average 400-415 boe/d of primarily heavy oil. Proceeds from the sale will initially establish a bank and working capital surplus. The company ’s 2014 strategic priority is to reduce debt and manage downside risk, it said.
down a penny on the New York market Oct. 27 while analysts and traders await US economic indicators as well as the weekly government petroleum inventory report. The Federal Reserve was scheduled to start a 2-day meeting Oct. 28 to consider interest rates
Canyon Block 642 in the Gulf of Mexico. The company said the Leon well found net pay of 150 m within ..... position in the United States, which is one of the company ’s key strategic areas,” the company said. The discovery is 50 km northwest of Repsol
to 1.4 bcfd. The project also is expected to increase the company -operated NGL production capacity by 4,000 b/d to 9,000 ..... Bangladesh subsidiary holds 99% working interest in Bibiyana. The company first launched production from the field in 2007 ( OGJ Online