Brazil's main oilworkers’ union federation FUP delayed a planned open-ended strike against state-run oil company Petrobras until Sept. 6 at the earliest, Reuters reported.
Subsea services business in Ågotnes might lose 200 jobs, according to an announcement earlier this year, and about 300 positions might go in the Norwegian maintenance, modifications and operations unit.
Achuar communities shut down 11 wells and took control of an airdrome in oil Block 8, operated by Argentina’s Pluspetrol, Reuters reported. Daily output of about 8,500bbl/d has stopped.
Brazil's largest oil-workers' union plans an open-ended strike protesting about 40% of cuts in investments by Petrobras and the planned sale of about US$15.1 billion of assets, Reuters said.
ConocoPhillips spokesman Rob Evans said the 400 employees were about 15% of the company's workforce in Canada and also said the cuts will take effect in mid-October, Reuters said.
Energy Information Administration estimates Mexico has more than 60 billion barrels of shale resources. This would provide more than 35 years of Mexican oil supply at current U.S. production levels.
Penn West, which has reserves across Canada, lowered its 2015 capex forecast to CA$500 million. It has sold assets to reduce debt, according to a statement, Reuters reported.
Witnesses said a car bomb caused severe damage to first floor of headquarters of Mellitah, an oil and gas joint venture between Italy's Eni and Libya’s state-owned NOC, Reuters reported.
Prior to joining NOV, Bayardo served as senior vice president, resource and business development at Continental Resources Inc.
Royce G. Binnion Jr. was sentenced to five years in prison and fined $10,000 by a Harris County jury in a Houston court. He stole more than $1 million from NOV between 2008 and 2011.
ExTek AS is Norway’s only oil, gas industry core competency training center using globally recognized CompEx Scheme. Seagull aims to be complete provider of training solutions, said its managing director.
Johann Pleininger, who joined OMV in 1977, will replace Jaap Huijskes as head of E&P, Reuters said. Pleininger is currently senior vice president for CEE and Black Sea there.