Alberta had more than 700 abandoned wells in 2015. Neighboring Saskatchewan has 100 abandoned wells and the government expects another 1,000 will be abandoned, said spokeswoman Kathy Young, Reuters reported.
Richard K. (Dick) Stoneburner has spent nearly four decades in the industry, including serving as president of BHP Billiton’s North America shale production division.
In November 2014, $240 million settlement was reached with Dutch and U.S. authorities regarding corruption charges in Angola, Brazil and Equatorial Guinea, involving $200 million in bribes between 2007 and 2011, Reuters said.
David G. Gallagher said that trademarked Gilsonite is a naturally occurring asphaltite that binds and strengthens as an additive for drilling fluids and cementing.
Energy executives must cut spending to stay financially afloat while preserving the production infrastructure and capacity that will allow them to compete and grow when the market recovers, Reuters said.
Pemex’s new boss, Jose Antonio Gonzalez, has been the director of Mexico’s Social Security Institute since 2012. Mikel Arriola, the head of health regulator Cofepris, will replace him, Pena Nieto said.
Philippe Baptiste has been appointed senior vice president of scientific development at Total, effective Feb. 1, the company said in a news release.
Petroci is a small oil and gas producer, partnering with E&P companies and managing a logistics base serving offshore blocks, Reuters said. Ivory Coast is French-speaking West Africa’s largest economy.
With more than 30 years of experience in the oil and gas service sector, David Gallagher has served with Schlumberger, CARBO Ceramics and Baker Hughes in engineering, operations, product development and executive management roles.
Most of the reductions will be in the South Korea office and supporting organizations in Stavanger, Norway, and Aberdeen, Scotland. The offshore organization is not affected.
Federal judge Sergio Moro said Jorge Zelada excessively awarded Vantage Drilling a 2009 contract for drillship Titanium Explorer in exchange for bribes stashed in undeclared Monaco and Switzerland accounts, Reuters reported.
Restructuring includes closing two rolling mills in France, one threading line in Germany and a heat treatment line in Scotland, leading to about 1,000 additional job losses, Reuters reported.