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Business development manager - continental europe

Following a period of successful growth, Premier Oilfield Rentals continues to be one of the leading suppliers of drilling related products to the international oil and gas industry. Owned by Superior Energy Services Inc., Premier currently has business units in Europe, Africa, Middle East, Asia Pacific and CIS.

Premier Oilfield Rentals
Senior/Lead Geologist - Intl. Production Development Department

The International Production Development Department of Maersk Oil, Copenhagen, is looking to fill vacancies for Geologists. The job title will be Senior or Lead Geologist depending on the level of experience.

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Sales director

Bruck BV is a fast growing international company with worldwide 1200 employees. Bruck provides high-end products for major industries like oil, gas, (petro) chemicals, renewable energy and air- space industries. This means operating in a high demanding, fast moving, dynamic and professional environment.

Bruck BV
Electrical Superintendent

The Sea Trucks Group is an international group of companies providing marine services to the offshore oil & gas industry worldwide.

The group offers marine engineering and construction services supported by a large and versatile fl eet of vessels and barges and by a multi-cultural workforce of over 2,000 personnel from various offi ces around the globe.

Sea Trucks Group
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Engineer, Facility (Senior position: 10-15 years experience) (Code: US-021-8)
PTTEP
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LIVE

Friday, 21 November, 2008, 17:50 GMT | more >>

Lukoil in $250m cash hunt

By Upstream staff

Russian oil producer Lukoil is seeking to borrow $250 million at its lowest-ever interest rate, according to reports.

Lukoil is borrowing to refinance $765 million of secured loans it secured in 2003, a banker familiar with the deal told Bloomberg.

The five-year unsecured loan will potentially be the lowest rate to borrow for a Russian non-government company, said Steve Cook, a credit analyst at Commerzbank.

"Lukoil is widely recognized as one of the strongest companies in Russia,'' Cook said. "There's generally robust demand for top-tier Russian assets. Most of the loans have been unsecured recently.''

Lukoil is planning to pay 40 basis points more than the London interbank offered rate, or Libor, to borrow for five years, according to the banker. ABN Amro Holding and Calyon, the loan's arrangers, are syndicating the deal to a wider group of lenders, the banker said.

Lukoil's rate would undercut Gazprom, which earlier this month raised $2 billion of loans at its cheapest rate. State-controlled Gazprom is paying 50 basis points for five-year loans. It agreed a 40 basis-point interest margin on a three- year financing. A basis point is 0.01 percentage point.