Business Strategy

Bernard Looney takes helm at BP

Submitted by Editorial staff on 4th October 2019

04th October 2019

BP chief executive Bob Dudley to retire, to be succeeded by Bernard Looney.

ExxonMobil adds 4.5 billion barrels to reserves

Submitted by Editorial staff on 27th February 2019

27th February 2019

Higher prices and unconventional drilling drive proved reserves additions Reserves life at current production rates is 17 years Continuing success in exploration and strategic acquisitions in Guyana and Brazil add high-quality resources

Siccar Point Energy Increases Existing Reserves Based Lending Facility

Submitted by Editorial staff on 13th December 2018

13th December 2018

Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).

AUMA Management completes generation change

Submitted by Editorial staff on 25th October 2018

25th October 2018

As of 1 August 2018, Dr. Christoph Göttlicher has joined AUMA Management as Chief Technical Officer (CTO). In his new role he is responsible for Product Management, Research & Development, Business Development and Innovations within the global AUMA Group.

UK oil and gas skills strategy project launched

Submitted by Editorial staff on 16th July 2018

16th July 2018

A project to develop a new UK oil and gas skills strategy has been launched following wide spread industry and government support for the findings in OPITO’s UKCS Workforce Dynamics Review.

Energy innovators attracting strong foreign interest - and IP is helping to reward that vision

Submitted by Editorial staff on 26th June 2018

26th June 2018

Partner at Marks & Clerk’s Aberdeen office, Andrew Docherty discusses the drive for sustained innovation and emerging technologies.

Proserv Looks to Future as Company Completes Financial Restructuring

Submitted by Editorial staff on 14th May 2018

14th May 2018

Proserv, an energy services company, today announced the completion of a successful financial restructuring, strengthening the long term plans of the company.