Home Vice president

Tag: Vice president

Post
Equatorial Guinea announces winners of EG Ronda 2019 bidding round

Equatorial Guinea announces winners of EG Ronda 2019 bidding round

Equatorial Guinea’s Ministry of Mines and Hydrocarbons has announced the winners of the 2019 licensing round for its oil. Equatorial Guinea’s ruling party has expelled 42 of its members for their alleged role in a coup bid late last year. Equatorial Guinea’s army chief-of-staff, who was only appointed to the post in October. Two journalists...

Post
Enpro Subsea completes latest subsea enhanced production campaign in Ghana

Enpro Subsea completes latest subsea enhanced production campaign in Ghana

Enpro Subsea has recently completed another two successful subsea hydraulic intervention campaigns for two operators in West Africa. Enpro Subsea has reached a Master Services Agreement (MSA) with Kosmos Energy aimed. Enpro Subsea has welcomed a new senior advisor to bolster the strategic team in the Americas. Operations were conducted from a single Multi Services...

Post
Aramco valuation falls short of crown prince’s $2 trillion target

Aramco valuation falls short of crown prince’s $2 trillion target

Saudi Arabia put a valuation on state-owned oil giant Aramco of between $1.6 trillion and $1.71 trillion. Saudi Aramco recently honored a number of local manufacturers distinguished for offering high-quality products. $2 trillion target sought by Crown Prince Mohammed bin Salman since he first mooted an initial public offering in 2016. Saudi Aramco is participating...

Post
Shell buys offshore wind developer in renewable power expansion bid

Shell buys offshore wind developer in renewable power expansion bid

Shell has agreed to buy French offshore wind developer Eolfi SA. Company announces the commencement of trading in the next tranche of its share buyback programme. Company introduces the publication of a quarterly update, starting with the third quarter 2019. Completion follows receipt of all necessary regulatory consents. It continuing its expansion into renewable power....

Post
Exxon, Chevron begin pushing back against Warren’s fracing ban

Exxon, Chevron begin pushing back against Warren’s fracing ban

America’s two biggest oil companies are starting to push back against the fracing ban touted by the leading candidates. Capital & exploratory (C&E) expenditures of $19 to 22 billion from 2021 to 2023. Chevron U.S.A. Inc announced the launch of its 2018 Fuel program making up to $6 million. It may become one of the...

Post
Chevron’s buyer for UK fields seek funds from commodity traders

Chevron’s buyer for UK fields seek funds from commodity traders

A unit of Delek Group Ltd. is seeking alternative means of financing to complete its $2 billion. Chevron Corporation announced that it has signed a Share Purchase agreement. Company announced a 2019 organic capital and exploratory spending program of $20 billion. The acquisition of some of Chevron Corp.’s North Sea oil and gas assets after...

Post
LAGCOE keynote speaker issues rallying call, to earn social license to operate

LAGCOE keynote speaker issues rallying call, to earn social license to operate

Kimberly McHugh, vice president of drilling & completions at Chevron, kicked off LAGCOE 2019 Wednesday morning. Six months after the inaugural Energy Innovators Pitch Challenge. With that pitch, Josh Suttles and his company, Flange Cuff LLC, pulled ahead of nine other finalists for $25,000 in professional marketing. A federal agency that regulates offshore energy production...

Post
ADNOC taps Weatherford for $220 million rotary steerables contract

ADNOC taps Weatherford for $220 million rotary steerables contract

Weatherford has signed a $220 million, three-year contract with ADNOC Offshore. The Abu Dhabi National Oil Company (ADNOC) announced that it is establishing a new trading unit. As global exploration, development and production of oil and gas resources shifts to more complex. Company provide directional drilling services for the stated goal of increasing offshore production...

Post
Exxon puts $15 billion of global assets up for sale

Exxon puts $15 billion of global assets up for sale

Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia. Fourth drillship to begin Guyana operations in October. Technology uses advanced chemistry to remove carbon dioxide from emissions sources. The U.S. supermajor “will be testing market interest” for global assets. Upstream liquids production grows by 8 percent from a...

Post
ADNOC awards Vallourec $900 million OTCG supply contract

ADNOC awards Vallourec $900 million OTCG supply contract

Vallourec has been awarded a contract by Abu Dhabi National Oil Company for the supply of tubing. The Abu Dhabi National Oil Company (ADNOC) is implementing an integrated gas strategy. Abu Dhabi National Oil Co. (ADNOC) has big plans for Ruwais City, a community located near the company’s massive. It casing, over a five year...

  • 1
  • 2
  • 4