Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…
Noble Energy announced a non-commercial hydrocarbon find at its second deepwater Gunflint appraisal well in the US Gulf of Mexico. The Mississippi Canyon 992 #1, located one mile west of the original discovery well, encountered 109 ft of net pay and was drilled to a total depth of 32…
Marathon Oil Corp. announced that CEO, Clarence Cazalot Jr., will retire at the end of this year and will be replaced by Exxon Mobil Corp. executive, Lee Tillman. Cazalot will continue to serve as executive chairman until December 31…
Bruce A. McCullough was selected to succeed Thomas K. Sneed (pictured) as VP and CIO of Marathon Oil, beginning June 17, 2013. McCullough joins Marathon Oil from Anadarko Petroleum Corp. where he is currently the director of Global Business Systems…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Heerema Fabrication Group (HFG) in the Netherlands won an engineering, procurement, construction and installation (EPCI) contract with Marathon E.G. Production Ltd (MEGPL), a wholly-owned subsidiary of Marathon Oil Corporation for delivery…
Anadarko Petroleum Corp. encountered approximately 1,000 net feet of oil pay at its Shenandoah-2 well in deepwater Gulf of Mexico, the company announced on March 19, 2013.Ensco 8500 semisubmersible series (Image: Ensco) Anadarko discovered the…
Asset Guardian Solutions Ltd. (AGSL), which specializes in critical control software asset protection for the process and manufacturing industry, announced that it has secured a significant contract with Woodside. The company is Australia’s leading oil and gas producer…
David E Roberts Jr has resigned as executive vice president and chief operating officer of Marathon Oil. The company has not yet named a replacement.
Aker Solutions wins topside modifications jobGullfaks A (Photo: Øyvind Hagen / Statoil)Statoil has awarded Aker Solutions a topside modification contract worth US $32.2 million (NOK 180 million) for its Gullfaks South field off Norway, Aker announced on 28 December 2012…
David E. Roberts, Jr.David Roberts resigns as Marathon Oil's COODavid E. Roberts, Jr. has resigned as Executive Vice President and Chief Operating Officer of Marathon Oil Corporation, the company confirmed on 10 December 2012.Roberts' resignation is effective 14 December…
Mitch Little has stepped up from Norway business manager to VP international production operations at Marathon Oil.
Currently VP of International Production Operations (IPO), has taken over from the retiring Jim Bowzer as Marathon Oil’s VP North America production operations. Mitch Little, Marathon’s Norway business manager, succeeds Watkins as VP international production operations.
ALL RHODES LEAD TO . . .: Susan Cunningham (pictured), SVP worldwide exploration at Noble Energy, received the Rhodes Petroleum Industry Leadership Award in Houston last month. It was one of six awards presented by the Petroleum Division…
Marathon Oil is spinning off its downstream business to create the upstream Marathon Oil Corporation, to be based in Houston, and the downstream Marathon Petroleum Corporation, based in Ohio. Marathon Oil will operate and report through three segments: exploration & production…
Subscribe
