Conoco

Team, Inc. Appoints Pamela J. McGinnis to Its Board of Directors

Retrieved on: 
Monday, April 8, 2024
Corporation, Phillips 66, Conoco, Commercial, Team, Distribution, Marketing, Retirement, ConocoPhillips, Management

In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.

Key Points: 
  • In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.
  • The Board has also appointed Ms. McGinnis to serve on the Board’s Compensation Committee.
  • Michael Caliel, TEAM’s Executive Chairman commented, "We are excited to welcome Pam to the TEAM Board of Directors.
  • She brings extensive commercial, procurement and operational expertise in the oil and gas industry through her executive leadership experience at Phillips 66.

ConocoPhillips announces Dominic Macklon to retire after 33 years with the company

Retrieved on: 
Thursday, February 15, 2024
Energy, Natural Resources, Oil, Gas, Carbon, Engineering, Sustainability, ConocoPhillips, Retirement, Information technology, Conoco, Strategy, Management

ConocoPhillips (NYSE: COP) today announced that Dominic Macklon, executive vice president, Strategy, Sustainability and Technology, has elected to retire effective May 1, 2024, for family medical reasons after 33 dedicated years of service.

Key Points: 
  • ConocoPhillips (NYSE: COP) today announced that Dominic Macklon, executive vice president, Strategy, Sustainability and Technology, has elected to retire effective May 1, 2024, for family medical reasons after 33 dedicated years of service.
  • Dominic began his career with Conoco in 1991 and held numerous engineering, business development, operations and leadership roles of increasing responsibility before becoming a valued member of the company’s executive leadership team in 2018.
  • “I want to thank Dominic for his leadership, dedication and significant contributions during his distinguished 33 years with ConocoPhillips,” said Ryan Lance, chairman and chief executive officer.
  • I wish Dominic the best in retirement as he relocates back to the U.K.”

ConocoPhillips Announces Pricing of Cash Tender Offer

Retrieved on: 
Tuesday, May 23, 2023
Oil, Gas, Energy, Credit Suisse, HSBC, Tender offer, MUFG, Person, TD Securities, ConocoPhillips, BofA Securities, SMBC Nikko Securities, J.P. Morgan & Co., Trustee, Co-managed Security, Tosco Corporation, Tender, Wells Fargo, Mini-tender offer, Letter, Conoco, News, Personal Information Agent, Nintendo of America, Inc. vs. Blockbuster LLC., Security (finance), Cryptocurrency, Note

TD Securities (USA) LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc. are the Lead Dealer Managers for the Tender Offer, and Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are the Co-Managers for the Tender Offer.

Key Points: 
  • TD Securities (USA) LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc. are the Lead Dealer Managers for the Tender Offer, and Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are the Co-Managers for the Tender Offer.
  • This news release is neither an offer to purchase nor a solicitation of an offer to sell the Notes.
  • The Tender Offer is made only by the Offer to Purchase, as amended by the May 9, 2023 press release increasing the aggregate maximum purchase price (excluding accrued interest) for the Tender Offer, and the information in this news release is qualified by reference to the Offer to Purchase.
  • Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

ConocoPhillips Announces Early Results of Cash Tender Offer

Retrieved on: 
Tuesday, May 23, 2023
Oil, Gas, Energy, Credit Suisse, Depository Trust & Clearing Corporation, HSBC, United States Treasury security, Total, Tender offer, MUFG, Person, TD Securities, ConocoPhillips, BofA Securities, SMBC Nikko Securities, J.P. Morgan & Co., Trustee, Co-managed Security, Depository Trust Company, Treasury, Tosco Corporation, Tender, Wells Fargo, Mini-tender offer, Letter, Conoco, News, Personal Information Agent, Nintendo of America, Inc. vs. Blockbuster LLC., Security (finance), Cryptocurrency, Note

The Company also announced that the Financing Condition for the Tender Offer as described in the Offer to Purchase (as defined below) has been satisfied.

Key Points: 
  • The Company also announced that the Financing Condition for the Tender Offer as described in the Offer to Purchase (as defined below) has been satisfied.
  • Holders of Notes validly tendered and not validly withdrawn on or before the Early Tender Deadline and accepted for purchase will be eligible to receive the applicable Total Tender Offer Consideration (as defined in the Offer to Purchase), which includes an Early Tender Premium (as defined in the Offer to Purchase) of $30 per $1,000 principal amount of Notes.
  • The Total Tender Offer Consideration will be calculated by the Dealer Managers (identified below) for the Tender Offer at 10:00 a.m., New York City time, today, May 23, 2023.
  • The Tender Offer is made only by the Offer to Purchase, as amended by the May 9, 2023 press release increasing the aggregate maximum purchase price (excluding accrued interest) for the Tender Offer, and the information in this news release is qualified by reference to the Offer to Purchase.

ConocoPhillips Announces Upsize of Previously Announced Cash Tender Offer

Retrieved on: 
Tuesday, May 9, 2023
Energy, Other Energy, Oil, Gas, HSBC, Late, Tender offer, Settlement date, Person, TD Securities, ConocoPhillips, Personal Information Agent, Expiration date, BofA Securities, Trustee, COP, Treasury, Date, Tosco Corporation, Tender, Expiration, Settlement, Mini-tender offer, Letter, Conoco, News, Withdrawal, Priority, Security (finance), Cryptocurrency, Note, Series

In order to receive the applicable Total Tender Offer Consideration, holders of Notes subject to the Tender Offer must validly tender and not validly withdraw their Notes before the Early Tender Deadline, which is 5:00 p.m., New York City time, on May 22, 2023, unless extended.

Key Points: 
  • In order to receive the applicable Total Tender Offer Consideration, holders of Notes subject to the Tender Offer must validly tender and not validly withdraw their Notes before the Early Tender Deadline, which is 5:00 p.m., New York City time, on May 22, 2023, unless extended.
  • Holders of Notes subject to the Tender Offer who validly tender their Notes after the Early Tender Deadline and before the Expiration Date and whose Notes are accepted for purchase will receive the applicable Late Tender Offer Consideration.
  • The Late Tender Offer Consideration for the Notes purchased pursuant to the Tender Offer will be calculated by taking the Total Tender Offer Consideration for the applicable Series of Notes and subtracting from it the Early Tender Premium of $30 per $1,000 principal amount of Notes.
  • In addition to the applicable Total Tender Offer Consideration or applicable Late Tender Offer Consideration, as the case may be, accrued and unpaid interest up to, but not including, the applicable Settlement Date will be paid in cash on all validly tendered Notes accepted for purchase in the Tender Offer.

Construction on Willow Oil Project in Alaska Underway, an Industrial Info News Alert

Retrieved on: 
Tuesday, May 9, 2023
Other Construction & Property, Oil, Gas, Manufacturing, Energy, Construction & Property, Other Manufacturing, Society of Environmental Journalists, White House, IIR, ConocoPhillips, Headache, U.S. Department of the Interior, Office of Inspector General, U.S. Department of Defense Strategy for Operating in Cyberspace, Friends, Haaland, GMI, Research, USD, Government, White, Pulse, Natural gas, Conoco, Interior, Federation, News, Whaling, Airline, Renewable energy, Willow

Researched by Industrial Info Resources-- Raising its guidance for full-year production, ConocoPhillips Company added that it started construction on the controversial Willow oil project in Alaska, some two months after plans were approved.

Key Points: 
  • Researched by Industrial Info Resources-- Raising its guidance for full-year production, ConocoPhillips Company added that it started construction on the controversial Willow oil project in Alaska, some two months after plans were approved.
  • Elsewhere, the company said it was pleased to have received a positive decision for its Willow oil project in Alaska, where it acquired oil and gas leases in the late 1990s.
  • The federal government signed off on Willow on March 13, though its scope was scaled down significantly.
  • Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here for a list of Willow-related project reports and click here for the related plant profiles.

ConocoPhillips Announces Cash Tender Offer for up to $750.0 Million of Debt Securities

Retrieved on: 
Tuesday, May 9, 2023
Oil, Gas, Energy, HSBC, Late, Tender offer, Settlement date, Person, TD Securities, ConocoPhillips, Personal Information Agent, Expiration date, BofA Securities, Trustee, COP, Treasury, Date, Tosco Corporation, Tender, Expiration, Settlement, Mini-tender offer, Letter, Conoco, News, Withdrawal, Priority, Security (finance), Cryptocurrency, Note, Series

In order to receive the applicable Total Tender Offer Consideration, holders of Notes subject to the Tender Offer must validly tender and not validly withdraw their Notes before the Early Tender Deadline, which is 5:00 p.m., New York City time, on May 22, 2023, unless extended.

Key Points: 
  • In order to receive the applicable Total Tender Offer Consideration, holders of Notes subject to the Tender Offer must validly tender and not validly withdraw their Notes before the Early Tender Deadline, which is 5:00 p.m., New York City time, on May 22, 2023, unless extended.
  • Holders of Notes subject to the Tender Offer who validly tender their Notes after the Early Tender Deadline and before the Expiration Date and whose Notes are accepted for purchase will receive the applicable Late Tender Offer Consideration.
  • The Late Tender Offer Consideration for the Notes purchased pursuant to the Tender Offer will be calculated by taking the Total Tender Offer Consideration for the applicable Series of Notes and subtracting from it the Early Tender Premium of $30 per $1,000 principal amount of Notes.
  • TD Securities (USA) LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc. are the Lead Dealer Managers for the Tender Offer.

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

SOCMA Adds Two Industry Executives to its Board of Governors

Retrieved on: 
Wednesday, April 5, 2023
Bachelor of Science in Biomedical Engineering, Society, Duncan, South Carolina, Henkel, Great Lakes Chemical Corporation, SC, Multimedia, Wilson, Chemical industry, Conoco, Cornell University, Management, Speciality chemicals, SOFIX, Chemical substance

"We warmly welcome Paul Cahill and Joe Wilson, two seasoned chemical industry executives, to our leadership ranks," said Jennifer Abril, SOCMA President & CEO.

Key Points: 
  • "We warmly welcome Paul Cahill and Joe Wilson, two seasoned chemical industry executives, to our leadership ranks," said Jennifer Abril, SOCMA President & CEO.
  • "Chemical manufacturing in the U.S. is on the rise, and SOCMA is growing along with it.
  • With the experience and passion Paul and Joe bring, SOCMA gains a deeper perspective on serving the needs of small but rapidly growing specialty chemical producers."
  • "I'm excited to join the SOCMA Board at such a dynamic time for the association and industry," said Wilson.

NOG Announces Core Northern Delaware Basin Bolt-on Acquisition

Retrieved on: 
Friday, September 30, 2022
Mining, Minerals, Other Construction & Property, Oil, Gas, Energy, Natural Resources, Construction & Property, Permian, Securities Exchange Act of 1934, NOG, EOG, COVID-19, Terrorism, Securities Act of 1933, TPH, Citigroup Global Markets Japan, Legislation, Sales, Wells, Acquisition, Perella Weinberg Partners, Conoco, Forward-looking statement, Hand, Program, Public expenditure, LLP, Phrase, Kirkland & Ellis, Delaware Basin, NYMEX, Holland & Knight, Oil, Risk management

NOG expects to fund the acquisition with cash on hand, operating free cash flow and borrowings under NOGs revolving credit facility.

Key Points: 
  • NOG expects to fund the acquisition with cash on hand, operating free cash flow and borrowings under NOGs revolving credit facility.
  • The primary operator of the assets is Mewbourne Oil, one of the most cost efficient and active operators in the Northern Delaware Basin.
  • The effective date for the transaction is September 1, 2022, and NOG expects to close the transaction in December 2022.
  • The Northern Delaware Basin continues to be a key target for our consolidation efforts, commented Adam Dirlam, NOGs President.