The Global Information Services Department in Maersk Oil is seeking a manager for its Collaboration Centre, called M-PACT which stands for Maersk - Planning, Advisory, Collaboration and Team
As a leader in the UK energy market, Centrica supplies gas and electricity to a vast range of residential and commercial customers under the British Gas brand. The company’s strategy is based around sourcing an increasing amount of its gas supplies from its own sources.
Centrica Energy (CE) is the division responsible for maximising these supplies. The Exploration & Development department of CE now requires a Manager of Reserves & Economics.
CSL has a track record of managing subsea developments from concept to completion for oil and gas companies worldwide.
CSL has a track record of managing subsea developments from concept to completion for oil and gas companies worldwide.
India's Oil &; Natural Gas Corporation (ONGC) has pulled out of two Nigerian deep-water oil exploration contracts over disagreements with majority stakeholder Korean National Oil Company (KNOC), Nigeria said today.
State companies KNOC and Nigerian National Petroleum Corporation (NNPC) signed production sharing contracts for blocks 323 and 321, among Nigeria's most promising acreage in the Gulf of Guinea, yesterday. KNOC obtained 60% of the blocks.
"The Koreans have won only one punch and the Indians have several options left ... These are two important companies that we want to see in Nigeria," said Tony Chukwueke, head of Nigeria's Department of Petroleum Resources.
"We wanted both of them to be there but when they couldn't agree among themselves, ONGC decided to pull out. It's regrettable to me," Chukwueke told Reuters.
South Korea, which has to import all its crude oil and is trying to increase supplies from outside the Middle East, had obtained preferential rights on a controlling stake in the two Nigerian blocks in return for huge investment promises.
Chukwueke said Korea would spend up to $6 billion on building two power plants with a capacity of 2250 megawatts and a 1200 kilometre gas pipeline.
Last November, Nigeria signed an agreement with a joint venture of ONGC and Mittal Steel, the world's biggest steel maker, to offer oil exploration rights in exchange for up to $6 billion in investments.
ONGC and London-listed Equator Exploration bid in consortium for a 25% stake in blocks 323 and 321 at an auction last August and emerged as the winners.
But ONGC later tried to take a greater stake, arguing that KNOC had failed to meet its payment deadline.
The preferential rights granted to KNOC meant the Korean player would have secured control of the blocks for a fraction of the $486 million it eventually had to pay in signature bonuses, had the Indians stayed away.
But the Indian bidding raised the stakes and KNOC was forced to match the offer to avoid losing them.
In the event, KNOC took 60% of blocks 323 and 321, Equator took 30% and a Nigerian partner took 10%, Chukwueke said.
ONGC was keen to increase its stake in the blocks after its attempt to buy a major stake in the giant Akpo oilfield was blocked by the Indian government over concerns about transparency.
Chukwueke said several arms of the ONGC group are in talks with the Nigerian government over possible deals involving access to promising oil exploration acreage in return for infrastructure investments in Nigeria.
Meanwhile, ONGC chief Subir Raha said the company is in talks to buy foreign gas and oil assets worth $15 billion.
"We are engaged in discussions for transactions worth $15 billion and we have the financial muscle to clinch the deals even if all of them materialise," he told Reuters.