Anadarko Petroleum

Balance Point Announces Investment Team Promotions and Two New Hires Across Investment and Investor Relations Teams

Retrieved on: 
Wednesday, January 31, 2024
Business administration, Growth, Grant, Senior, Bucknell University, CIT Group, Southern Methodist University, Duke University, Consumer, CIT, Corporate services, Georgetown University, ICR, Investment, HSBC, LBO, Anadarko Petroleum, Tudor Investment Corporation, University, Assistant, Methodist University, Health care, Associate, Credit Suisse, CFA

The firm is also pleased to announce the addition of two new associates on the investment and investor relations teams, Wills Danielsen and Nina Lorusso, respectively.

Key Points: 
  • The firm is also pleased to announce the addition of two new associates on the investment and investor relations teams, Wills Danielsen and Nina Lorusso, respectively.
  • Seth Alvord, Managing Partner said, "We are very pleased to promote Grant, Dan, and James, each of whom have added significant value to Balance Point.
  • Their expertise and dedication to our firm and portfolio companies has greatly contributed to the success of our investment platform.
  • Grant joined Balance Point in 2017 as a Senior Associate and most recently was a Senior Vice President.

Valaris Announces Contract Awards and Fleet Status Updates

Retrieved on: 
Tuesday, January 9, 2024
Maritime, Energy, Transport, Oil, Gas, Drillship, TotalEnergies, Harbour Energy, Anadarko Petroleum, Shell, Petrobras, Economics, Limited, MPD, Occidental

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.

Key Points: 
  • Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.
  • Based on the firm contract term, the total contract value is approximately $519 million, inclusive of mobilization fees and additional services.
  • In conjunction with the above-mentioned contract extension and award for VALARIS 249, a previously disclosed one-well contract with the same operator offshore Australia for VALARIS 107 has been terminated.
  • The backlog associated with this contract is not included in the above-mentioned incremental backlog that has been awarded since the Company’s most recent fleet status report.

Charles Griffie Appointed as Range Director

Retrieved on: 
Friday, October 20, 2023
Leadership development, Harvard Business School, LP, University of Colorado Denver Business School, NYSE, Midstream, ESG, NGL, MBA, Senior, RRC, Range, University, Anadarko Petroleum, Natural gas, Management, Engineering

FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Charles G. Griffie to its Board of Directors.

Key Points: 
  • FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Charles G. Griffie to its Board of Directors.
  • Range Chairman, Greg Maxwell, stated, “We are excited to announce the addition of Charles Griffie to the Range board as part of our ongoing refreshment process.
  • Mr. Griffie previously served as the Senior Vice President of Engineering and Operations at Western Midstream Partners, LP.
  • Prior to that, Mr. Griffie had an extensive career with Anadarko Petroleum Corporation where he worked in various roles of responsibility.

Veriten Closes Inaugural Energy Investment Fund

Retrieved on: 
Wednesday, October 18, 2023
Other Professional Services, Other Energy, Data Analytics, Oil, Gas, Alternative Energy, Energy, Consulting, Professional Services, TPH, Research, Mining, Stanford University, Water, Strategic planning, Thought, Government, Anadarko Petroleum, Partner (business rank), WPX Energy, Corporation, Wind, Electricity, Entrepreneurship, Mesa Natural Gas Solutions, EnCap Investments, Engineering, Friends, Hydrogen, Armstrong, Power, Plain, Business, Super Spike V'Ball/Nintendo World Cup, Ernst & Young, CFO, Investment, Corporate development, National Science and Technology Council, Treasurer, Renewable energy, Cryptocurrency, Policy

Veriten, the energy research, investing, and strategy firm, announced today the closing of its debut fund, NexTen LP (“NexTen”), with $85 million in committed capital.

Key Points: 
  • Veriten, the energy research, investing, and strategy firm, announced today the closing of its debut fund, NexTen LP (“NexTen”), with $85 million in committed capital.
  • Participants in the NexTen fund include select energy companies and financial institutions, current and former energy operations and finance professionals, family offices, and Veriten team members.
  • “All of us at Veriten have a passion for energy broadly and recognize the complexity and importance of getting the world’s energy systems right in a very critical time.
  • There is no one-size-fits-all strategy in the future energy world,” added Arjun Murti, Veriten Partner for Energy Macro and Policy.

Civitas Resources Appoints Jeff Kelly to Leadership Team

Retrieved on: 
Tuesday, August 8, 2023
Oil, Gas, Energy, Permian, Asset management, Anadarko Petroleum, Blackstone Inc., Blackstone, The, Civitas, CIVI, NYSE, Management, Science

Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”) today announced the appointment of Jeff Kelly as Chief Transformation Officer, effective August 3, 2023.

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”) today announced the appointment of Jeff Kelly as Chief Transformation Officer, effective August 3, 2023.
  • Chris Doyle, President and CEO, said, “On behalf of the Board of Directors and the Company, I am excited to welcome Jeff to the Civitas team.
  • Prior to Blackstone, Mr. Kelly served in increasing roles of responsibility and various operational leadership positions within the upstream and midstream divisions at Anadarko Petroleum Corporation.
  • Mr. Kelly graduated with a Bachelor of Science in Industrial Engineering and Management from Oklahoma State University.

Valaris Announces Contract Awards and Fleet Status Updates

Retrieved on: 
Wednesday, July 5, 2023
Oil, Gas, Energy, Occidental, Limited, NYSE, Apache, Anadarko Petroleum, Property management

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $150 million, awarded subsequent to issuing the Company’s most recent fleet status report on May 1, 2023.

Key Points: 
  • Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $150 million, awarded subsequent to issuing the Company’s most recent fleet status report on May 1, 2023.
  • Two-well contract with Anadarko Petroleum Corporation (a wholly owned subsidiary of Occidental) in the U.S. Gulf of Mexico for semisubmersible VALARIS DPS-5.
  • Nine-well contract for a plug and abandonment campaign with Apache in the U.S. Gulf of Mexico for semisubmersible VALARIS DPS-5.
  • 180-day (minimum duration) contract with an undisclosed operator offshore Australia for heavy duty modern jackup VALARIS 107.

Lawsuit Seeks to Hold Oil Companies Responsible for Their Part in Deadly Oregon Heat Event

Retrieved on: 
Monday, June 26, 2023
Newton, Shell, Western States Petroleum Association, ExxonMobil, American Petroleum Institute, Marathon Petroleum, Anadarko Petroleum, ConocoPhillips, Peabody Energy, Worthington, Koch Industries, Carbon, PC, McKinsey & Company, Columbia River, Convection, Death, BP, Oregon circuit courts, Air conditioning, Valero Energy, Anomaly, Defendant, Weather, Occidental Petroleum, Fraud, Greenhouse, Deception, Tourism, Coal, Motiva

DALLAS, June 26, 2023 /PRNewswire/ -- Asserting that the companies deceived the public about environmental dangers, Simon Greenstone Panatier, PC has filed a lawsuit on behalf of Multnomah County, Oregon, against more than a dozen fossil fuel producers for negligently and fraudulently selling climate-warming products.

Key Points: 
  • "Oregon state tort law is very explicit about what constitutes negligence, fraud and public nuisance.
  • We contend that these companies took actions and engaged in deception regarding the impact of these companies that are virtual textbook examples."
  • While historically temperate, the region reached record highs of 108, 112 and 116 during an unprecedented June 2021 heat event.
  • The lawsuit seeks to hold the oil and gas companies responsible for decades of knowingly producing and selling climate-destroying products while deceiving the public of the dangers.

Province Welcomes Public Energy-Sector Expert, Brad Holly

Retrieved on: 
Monday, May 15, 2023
Professional Services, Other Energy, Oil, Gas, Legal, Energy, Finance, Consulting, Government, Organizational founder, Title 11 of the United States Code, Environment, Whiting Petroleum, Safety, Anadarko Petroleum, Management

Province, a recognized leading restructuring and financial advisory firm, today announced it has increased its national footprint with the addition of Bradley J. Holly and the launch of a new Houston office.

Key Points: 
  • Province, a recognized leading restructuring and financial advisory firm, today announced it has increased its national footprint with the addition of Bradley J. Holly and the launch of a new Houston office.
  • Mr. Holly brings decades of executive-level advisory experience in upstream public energy companies.
  • Mr. Holly will play a pivotal role in Province’s energy-sector engagements by offering expert advice and building compelling and executable strategies for the future.
  • Prior to Whiting, Mr. Holly had a 20-year career at Anadarko Petroleum Corporation as Executive Vice President, where he oversaw all U.S. Onshore assets, including 650,000 barrels of oil per day and 2,200 employees (a total annual portfolio investment of $2 to $4 billion dollars).

Kosmos Energy Announces New Appointments to Board of Directors

Retrieved on: 
Wednesday, April 26, 2023
Oil, Gas, Energy, Financial Oversight and Management Board for Puerto Rico, Corporate Affairs, International, University, KOS, Anadarko Petroleum, Wintershall Dea, ConocoPhillips, Mewbourne College of Earth and Energy, Dean, Government, Foreign Service, Retirement, DEA, Natural gas, European, Conoco, BG Group, Marathon Petroleum, Management, LNG, Policy, Cosmos

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that its Board of Directors (the “Board”) has appointed three new Directors, effective April 25, 2023: Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that its Board of Directors (the “Board”) has appointed three new Directors, effective April 25, 2023: Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice.
  • “Sir Richard has been instrumental in helping Kosmos navigate an increasingly complex world.
  • I have always valued Sir Richard’s sound judgment and wise counsel,” said Andrew G. Inglis, Chairman of the Board and Chief Executive Officer.
  • For additional information on the new Members of the Board of Directors, visit: https://investors.kosmosenergy.com/corporate-governance/board-of-directors

TechnipFMC Appoints Robert G. Gwin to its Board of Directors

Retrieved on: 
Tuesday, January 31, 2023
Technology, Maritime, Engineering, Transport, Oil, Gas, Manufacturing, Software, Energy, Electronic Design Automation, NYSE, Chair, FTI, Anadarko Petroleum, Management, TechnipFMC

TechnipFMC (NYSE: FTI) (the “Company”) today announced that Robert G. Gwin, former President of Anadarko Petroleum Corporation, has been appointed to its Board of Directors, effective February 1, 2023.

Key Points: 
  • TechnipFMC (NYSE: FTI) (the “Company”) today announced that Robert G. Gwin, former President of Anadarko Petroleum Corporation, has been appointed to its Board of Directors, effective February 1, 2023.
  • The Company also announced that Peter Mellbye will retire from the Board and will not stand for re-election at the Company’s next annual general meeting.
  • Doug Pferdehirt, Chair and CEO of TechnipFMC, stated: “Since joining the Board in 2013, Peter has been a tremendous leader, partner and contributor.
  • He is a proven board member and global business leader, who has tremendous knowledge of our industry and company.