Jonathan McKenzie has more than 20 years’ experience, about 15 in Canadian oil and gas. He will handle Husky’s finance division, including controllers, corporate accounting, treasury, tax, planning, internal audit.
Eldar Saetre didn’t comment on Statoil’s deals strategy, but speculated more deals will follow Shell’s purchase of BG, Bloomberg said. Sellers’ high valuation expectations are problematic, he said.
Project support, inspection, maintenance and repair, subsea removal of pipelines and structures, installation of buoys and lifting of structures and mattresses and a pre-FEED study are included in the scope.
Petrobras discovered oil in Espírito Santo Basin, onshore Brazil. The company also completed the formation test on well 3-BRSA-1286-SES in concession BM-SEAL-11, in ultradeep waters of Sergipe-Alagoas Basin.
The latest announced reductions bring the company’s total to 20,000, making its workforce about 15% smaller than it was during third-quarter 2014.
Exploration well 34/3-5, about 5 km southeast of Knarr Field, is dry and will be plugged and abandoned. It is about 120 km west of Florø in northern North Sea.
The discovery was made while drilling well 1-BRSA-1293-AM (ANP nomenclature), which is informally known as Jusante do Anebá. Well drilling reached 2,040 m total depth.
Colin Graham has worked for TAM for more than 19 years in the North Sea, Oman and Dubai. The company has been active in Norway with a local customer base.
As reported March 2, Petrobras approved a US$13.7 billion 2015 to 2016 divestment plan. It is part of financial plan to reduce leverage, preserve cash flow and prioritize investments.
Valemon is a new Norwegian Continental Shelf project, said Arne Sigve Nylund, executive vice president--Development & Production Norway. There is a high-pressure/high-temperature reservoir. Expected recoverable reserves are 192 MMboe.
The Thistle, Heather and Northern Producer assets will receive engineering, design, construction, procurement and commissioning services. The contract can be extended for another five years.
Wireline logging is underway to evaluate openhole section of the Manusela Formation limestone primary objective. The well hit hydrocarbons in Seram (Non Bula) production sharing contract area in eastern Indonesia.