Recruitment positions for the Oil and Gas industry
Latest jobs >>>
Senior Cost Engineer/Estimator

Wood Mackenzie has been a respected adviser to the energy industry for over 30 years. We combine experience with industry knowledge to provide clients with valuable analysis and unique insights. With its headquarters in Edinburgh, Wood Mackenzie also has offices in London, Houston, Boston, New York, Moscow, Beijing, Singapore, Kuala Lumpur and Sydney and currently employs around 550 people.

Wood Mackenzie
Drilling Superintendent for DUC Operations

Maersk Oil is aiming to grow by exploration and is looking for highly motivated seismic interpreters to participate in regional studies and identify and evaluate high value plays and prospects in focus areas.

Maersk Oil
Group development manager*

For this position you will be in direct contact with all of Gaz de France subsidiaries in France and abroad. Our group offers many personal development opportunities in the short and mid-term. Your English is fluent.

Gaz de France
President, Aker Geo

Innovative and dedicated people who believe that nothing is impossible have solved tomorrow’s challenges for over 150 years. Are you ready to roll up your sleeves?

Aker Solutions
Country Manager
Senior Commissioning Engineer Utilities & Offsites - 103432
Brunel
Sales + Marketing Manager
Fugro-Geoteam AS
Senior Geologist, Exploration
PTT Exploration and Production Plc
Project Manager
Brunel
Marine Superintendent
Sea Trucks Group
Communication Coordinator
Brunel
Operational Manager Projects
Sea Trucks Group
Engineering Manager
Sea Trucks Group
Lead Engineer
Brunel
Commissioning Manager
Lamprell
Lead Mechanical Engineers
Bumi Armada
Chief Accountant
Brunel
Quality Assurance Coordinator
Brunel
Lead Instrumentation Engineers
Bumi Armada
Lead Process Engineers
Bumi Armada
Process Engineer Gas Treating & SRU
Brunel
DP Masters
Bumi Armada
Chief Engineers
Bumi Armada
Project Managers
Bumi Armada
Senior Engineer, Mechanical
PTT Exploration and Production Plc
Senior Engineer, Cost + Planning
PTT Exploration and Production Plc
Senior Engineer, Rotating Machinery
PTT Exploration and Production Plc
Senior Engineer, Pipeline
PTT Exploration and Production Plc
Senior Engineer, Process
PTT Exploration and Production Plc
More jobs >>>

LIVE

Sunday, 20 July, 2008, 22:50 GMT | more prices >>

Watchdog voices OMV bid fears

By Upstream staff

Hungary's competition authority has "serious concerns" about Austrian outfit OMV's proposed €14 billion ($22.14 billion) for MOL, adding any approval for the deal may hinge on a refinery sale.

"From what information we have received so far, we maintain that we have serious concerns over (the proposed) merger," Zoltan Nagy, the chairman of authority GVH, told Reuters today.

"Our concerns are serious enough that the sale of a refinery may be needed," Nagy said on the sidelines of a news conference.

MOL has fought the deal, saying it would create a virtual monopoly in refining and wholesale in central Europe and would therefore reduce competition and destroy shareholder value.

It has refused to engage in discussions with its larger rival about teaming up.

Nagy said GVH shares some of MOL's concerns over the deal, though stressed the watchdog has yet to formulate a final opinion in the deal.

"In refining and wholesale, the merger would form a near monopoly in Hungary, Austria, Slovakia, and possibly, and I stress possibly, in parts of northern Italy and southern Germany," he said.

"We're not sure that our concerns over refining and wholesale can be eliminated completely."

OMV has asked the European Commission to investigate its proposed takeover.

The Commission launched an in-depth investigation this month and has set a 22 July deadline for a review.

"We are not concerned about retail but the gas market could also present a problem because of (OMV's natural gas hub in) Baumgarten," Nagy added.

Nagy added that it is up to the merging firms to propose solutions to ease competition concerns and the watchdog itself would not make recommendations.

Its position is similar to that of the government, which has said it would use all of its muscle to prevent the takeover.

Last year it passed a law dubbed lex-MOL, which makes it more difficult to take over companies considered strategic.

That prompted the EC to take action against Hungary over restriction of free movement of capital.

The GVH may also come under pressure from the European Union as Brussels jealously guards its exclusive authority over large, cross-border deals and recently took action against countries not complying with its decisions.