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Reservoir Engineering

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

Maersk Oil
Manager of Reserves and Economics

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.

Centrica
Subsea Project Managers

CSL has a track record of managing subsea developments from concept to completion for oil and gas companies worldwide.

CSL
Senior Subsea Engineers

CSL has a track record of managing subsea developments from concept to completion for oil and gas companies worldwide.

CSL
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Sunday, 12 October, 2008, 12:20 GMT | more prices >>

ExxonMobil plans $25bn cash splash

By Upstream staff

ExxonMobil is set to shell out about $25 billion on capital and exploration work this year, up from about the $20.9 billion it spent last year.

The US supermajor, meeting with analysts in New York, also said it plans to take part in the start-up of 19 new oil and gas projects by 2010, which should add about 725,000 barrels of oil equivalent per day at their peak.

It said it expects 12 major projects to start production this year alone.

ExxonMobil repeated its previous forecast of annual expenditures ranging from $25 billion to $30 billion for the next several years. It said it expects capital spending to average in that range from 2009 until 2012.

Although the company posted its best annual profit ever in 2007, it has been criticized by some for not spending enough to explore for or buy new oil and gas reserves.

ExxonMobil replaced only 76% of its production with new oil in 2007, hurt by asset sales and the seizure of the Cerro Negro project by the Venezuelan government.