Stephen Riney will be appointed as executive vice president and CFO for Apache Corp., the company said in a news release. He is scheduled to begin in February.
Riney brings more than 30 years of financial and accounting experience to the position. He joins Apache following a distinguished career at BP, where he worked following the merger with Amoco in 1998, the release said. Most recently, Riney served as the CFO for BP exploration and production and oversaw all accounting, business development, planning and commercial operations for the upstream segment. Previously, he served as the global head of mergers and acquisitions and held several management positions in project finance, insurance, operations and planning.
Prior to the merger with BP, Riney spent nine years with Amoco in various management roles in finance, mergers and acquisitions, planning and marketing, the release said.
Riney holds an MBA from The University of Chicago Booth School of Business and a BBA in accounting and finance from the University of Notre Dame.
Recommended Reading
Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
2024-04-18 - Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties.
Marketed: BKV Chelsea 214 Well Package in Marcellus Shale
2024-04-18 - BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.
Defeating the ‘Four Horseman’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production — and keep the cash flowing.
Santos’ Pikka Phase 1 in Alaska to Deliver First Oil by 2026
2024-04-18 - Australia's Santos expects first oil to flow from the 80,000 bbl/d Pikka Phase 1 project in Alaska by 2026, diversifying Santos' portfolio and reducing geographic concentration risk.
Ozark Gas Transmission’s Pipeline Supply Access Project in Service
2024-04-18 - Black Bear Transmission’s subsidiary Ozark Gas Transmission placed its supply access project in service on April 8, providing increased gas supply reliability for Ozark shippers.