Companies - News
BASF has said the merger will likely close by the end of third-quarter 2018.
Dave Pursell, who recently joined Apache in early 2018, will take over the company's corporate reservoir engineering department.
Libya had not given the required formal approval to the Total-Marathon deal, meaning it could be blocked, the source added.
Baker Hughes said oilfield services revenue rose 10.1% to $2.64 billion in the quarter, with the company winning major contracts in the Permian Basin and the Gulf of Mexico.
Development on the blocks offshore Angola had been complicated by a dispute between Sonangol and Cobalt, which until recently was the operator of the blocks and owned a 40% stake in them.
Getka Energy LLC has appointed Craig Peus as CFO, the company said on April 19.
BHP reiterated it expected bids for its U.S. shale assets by June and added that transactions could be announced in the first half of the 2019 financial year.
ExxonMobil spokesman Scott Silvestri called the lawsuit part of a misplaced effort to pin the global phenomenon of climate change on oil producers alone.
Seadrill aims to expand relations with Schlumberger and other service firms following approval of its multibillion-dollar debt restructuring plan, CEO Anton Dibowitz told Reuters.
Venezuela arrested two Chevron Corp. (NYSE: CVX) executives, the U.S. oil major said on April 17, in what appeared to be the first arrests of a foreign oil company’s direct employees during a purge of alleged graft in the OPEC nation.
Range CFO Roger S. Manny said the renewed and extended credit facility will support the development of the company's assets located in the Marcellus Shale and North Louisiana.
Orrick has named James Atkin as global co-head of its oil and gas practice based in Tokyo, the company said on April 16.