|
Welcome to The Financial Update: International Edition. In today's global marketplace, it's important to stay on top of news around the world. To help you stay connected, Oil & Gas Financial Journal proudly provides this new monthly e-newsletter to bridge oil and gas developments from around the globe.
Mikaila Adams
The Financial Update
Editor
Mikaila@pennwell.com
Latest News: www.ogfj.com
|
|
Germanischer Lloyd absorbs UK's Noble Denton in European union
|
Changes abound at Hamburg, Germany-based Germanischer Lloyd. Just last week the company merged with London-based Noble Denton to form a fully-integrated technical assurance and consulting company to serve the worldwide energy industries. Not too long before that, the company appointed a new managing director for the UK.
At a Houston press conference last week, executives from both companies promoted the merger as a major step forward and emphasized the timing as perfect for holistic service offerings.
More...
|
|
|
|
The future of the Brazilian "pre-salt" oil reserves
|
Since the discovery of potentially massive oil reserves in the "pre-salt" region off the coast of Brazil, the Brazilian government has been grappling with how to structure and regulate exploration, drilling, and the potential for a large influx of foreign investment.
In this Q&A, Luiz Antonio Maia Espínola de Lemos sheds light on the issues surrounding the pre-salt discoveries, and discusses challenges facing the Brazilian government in managing these resources.
Lemos is a partner with TozziniFreire, Brazil's largest law firm, and was formerly at the Petrobras Group as General Counsel of a major gas subsidiary.
More...
|
|
|
|
Energy Players
|
Apache makes changes in regional leadership
Apache Corp. has made several changes in the company's regional and corporate leadership teams.
Tom Voytovich will become region vice president and general manager, Apache Egypt Cos. He has been region vice president - central region since March 2006.
John Bedingfield will become region vice president - Australia and managing director, Apache Energy Ltd. in Perth. He has been deputy managing director and exploration manager in Perth since August 2005.
Jon Graham will move to Buenos Aires to become region vice president - Argentina. He has been vice president - reservoir engineering in Canada since 2006.
Tim Wall will become region vice president and president of Apache Canada. He has been region vice president - Australia and managing director, Apache Energy Ltd. since March 2006.
Poyry promotes Fogg to oversee European oil, gas services
Engineering and consultancy firm Poyry has promoted Steve Fogg to president oil and gas Europe.
Fogg remains managing director of the company's Aberdeen office. Poyry's offices in the UK, Norway and Spain will report to him.
Steve joined Poyry, then IGL Oil and Gas Consultants Ltd., in 1996, and became operations director in 2003 before being promoted to managing director in 2007, following the company's acquisition by Poyry.
More...
|
|
|
|
Industry Briefs
|
Standard Chartered, IFC enter 1.25B funding partnership to boost global trade
Standard Chartered has agreed with the IFC, a member of the World Bank Group, to develop a $1.25 billion funding partnership to facilitate global trade finance. The agreement is the first to emerge from the Global Trade Liquidity Program (GTLP), a trade finance initiative announced last week by World Bank president Robert B. Zoellick.
Excelerate Energy extends agreements for LNG delivery to South America's first-ever LNG import facility
The Woodlands, Texas, USA-based liquefied natural gas (LNG) importer and marketer Excelerate Energy LLC executed all agreements with YPF SA to provide another two years of LNG regasification services to YPF's importation facility at the port city of Bahía Blanca, roughly 400 miles south of Buenos Aires.
Constructed in June 2008, the Bahía Blanca GasPort LNG facility is South America's first-ever LNG receiving facility and the world's second dockside regasification facility.
More...
|
|
|
|
Calendar of Events
|
April 2009
7-8
University of Aberdeen Energy Industries Overview
Aberdeen
www.abdn.ac.uk/energyoverview
9
IPAA Mid-Continent Leadership Luncheon
Tulsa, Oklahoma
www.ipaa.org
20-22
IPAA OGIS New York
New York
www.ipaa.org
22-23
Jefferies Randall & Dewey A&D Summit
Houston, TX
www.jefco.com
More...
|
|
OGFJ BLOGS
The petroleum industry is up in arms about the $30B tax hike on energy producers that is included with President Obama’s new budget proposal. OGFJ editor Don Stowers explains the impact this budget could have on the entire industry if Congress passes it without modifying some of its worst provisions.
As technology grows ever-increasingly sophisticated, the world is becoming a smaller place in which to conduct business. OGFJ associate editor Mikaila Adams touches on a few and ponders their effect on the oil industry.
Petroleum Bookstore
PennWell Bookstore covers all aspects of the petroleum industry from oil and gas investment to oil exploration to offshore drilling.
Written by selected industry experts, PennWell books will help you broaden your expertise in your current field, understand
other related disciplines, provide quick-glance references as a topic arrives in your daily routine, and make excellent classroom,
seminar, and in-house training texts. Shop our online bookstore here.
SUBSCRIPTION INFORMATION
Oil & Gas Financial Journal's The Financial Update
electronic newsletter is delivered to your desktop monthly at no charge to qualified subscribers. The Oil & Gas Financial Journal
invites you to forward this newsletter to colleagues and associates who might be interested in its content.
To report distribution problems, send an email to ogfj@omeda.com
If you are a current subscriber, you can unsubscribe from news from The Financial News by clicking this
link: click here.
You can also contact us at:
PennWell Corporation
c/o E-mail Unsubscribe
1421 South Sheridan Road
Tulsa, OK 74112
If you do not subscribe to this newsletter and would like to receive it, please click this link:
http://www.omeda.com/ogfj/
Oil & Gas Financial Journal subscribers may access
complete current and archived stories with our online search engine at www.ogfj.com
|
|
|
|
Copyright © 2009: PennWell, Tulsa OK; All rights reserved.
|
|
|