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
Tokyo, for a 380-Mw natural gas cogeneration plant capable of producing 760 tonnes/hr of steam at the state-owned oil company ’s Hector R. Lara Sosa refining complex in Cadereyta, Nueva Leon, in northeastern Mexico. The Cadereyta plant, which
gas liquids projects. Oneok has a $3-4 billion backlog of unannounced growth projects that it continues to evaluate. The company in September reported plans to invest $480-680 million between now and the end of third-quarter 2016 to construct natural
expand its leasehold position. Continental will operate all current and future wells that are operated by the joint venture. The company plans to begin drilling in the AMI during November, with four operated rigs running by yearend.
derivatives complex to built adjacent to the company ’s existing operations in Westlake ..... as well as in land acquisition, the company said. With site preparation now under ..... production capacity to further strengthen the company ’s competitive position in a growing global
s internal estimates show net proved reserves of 16.7 million boe, of which 82% is oil and 34% is developed. The company ’s overall position in the Eagle Ford now totals more than 81,000 net acres. Its drilling inventory increases 93 net