Whisper it quietly: The Gulf of Mexico remains the long-term 'must have' asset in virtually every major operator's portfolio. Production is still rising with several
major deepwater projects recently on- stream and at least six more due to flow this year. Still, technological, operational and economic challenges lie ahead.
The industry is responding with new collaborative alliances, partnerships and joint ventures, for greenfield developments as well as for operational efficiency from existing facilities and brownfield production enhancement.
This November, the Offshore Executive Conference: Gulf of Mexico will unite 250+ offshore oil and gas executives in Houston for an in-depth look at how to succeed
in the current market and position your company for growth in the coming years. Don't miss this once-a-year chance for a day filled with in-depth industry coverage and exclusive networking opportunities.
Managing Director and Senior Oilfield Services Analyst, Credit Suisse
President and CEO Venari Resources
Ultra-Deepwater Technology Manager, DOE's National Energy Technology Laboratory
Chairman, President & CEO Noble Energy, Inc.
President and CEO Talos Energy LLC
James Pappas, P.E.
President, Research Partnership to Secure Energy for America, RPSEA
Senior Vice President, Technology ABS
Vice President of Asset Support, U.S. Offshore Statoil
Dr. Edgar Rangel German
Commissioner National Hydrocarbon Commission, Mexico
Mozambique Appoints Bank Chairwoman Leticia Klemens As Energy Minister Mozambique's President Filipe Nyusi appointed businesswoman Leticia Klemens as his new energy minister, just weeks after the capital city of Maputo and Italy's Eni signed a 20-year deal to sell LNG to BP Plc (NYSE: BP).Mozambique's official news agency AIM said Klemens was chairwoman of Mozambique's largest commercial bank, the International Bank of Mozambique, and also headed the Association of Mozambican Businesswomen.Her predecessor as energy minister, Pedro Couto, was removed from the job in late September and appointed as president of Mozambique's Cahora Bassa hydroelectric power company.
Report: Venezuela's PDVSA Cannot Account For $11 Billion Between 2004 And 2014 Venezuela's Congressional Investigations Commission said on Oct. 19 that about $11 billion dollars were unaccounted for between 2004 and 2014 at state oil company PDVSA.Describing the amount as "more than the budget of five Central American countries," Commission President Freddy Guevara said there had been wide-scale corruption at the company, which is a generator of cash for the struggling government."We're talking about $11 billion they cannot justify," said Guevara, an opposition lawmaker, while presenting a Commission report into PDVSA.