Category Archives: Success

Talos Energy Completes the Acquisition of ERT

Talos Energy is an oil and gas drilling company based in Houston. Talos Energy recently announced that its business unit, Talos Production, has completed the acquisition of ERT, a subsidiary of Helix Energy Solutions Group. Located in the Gulf of Mexico, the ERT owns an average of 15,155 barrels of oil. ERT has recently announced the success of exploration of a well at Wang, which encountered over 100 feet of high-quality oil in Phoenix, Green Canyon Block 237. Helix will retain certain exploration prospects and royalty interest in the Wang discovery.

Tim Duncan, the CEO and President of Talos Energy feels excited to reach such a significant milestone of acquiring ERT. He feels encouraged by ERT’s success in the Wang discovery. Combining its 24,000 squares miles of seismic data and experienced professionals with ERT’s oil-weighted assets and high cash flow will position Talos Energy to build an influential company in the lower Gulf Coast and the Gulf of Mexico.

Located in Houston, Talos Energy is a portfolio company affiliated with Appolo Global Management, which committed over $600 million worth of equity to Talos in 2012. In a joint venture with Premier Oil and Sierra Oil, Talos Energy has announced the completion of the Zama-1 exploration well. It is Mexico’s first offshore exploration well to be drilled by a private company. Even without the use of hydrocarbons, the well dug deeper into a high-risk formation. Drilling results confirmed that there was no penetration of oil into the water. The initial volumes of oil in the Zama-1 remain as previously announced.

Talos Energy completed drilling operations under budget and ahead of schedule. Nonetheless, Mexico has suspended the well as a future producer. Talos Energy is in the process of analyzing the data gathering from the Zama-1 well. Talo, together with its joint venture partners are looking for ways to appraise and develop this historic discovery. Talos Energy intends to explore additional prospects on its acreage and to appraise activities of Zama-1 well. Considering the significance of Zama-1 well on the Mexico energy market, it ranks among the most valuable exploration oils in Mexico.

To Read More : http://www.talosenergyllc.com/about-us/

Ricardo Tosto de Oliveira Carvalho Paves his Way to Greatness

Ricardo Tosto de Oliveira Carvalho studied law at the University of Presbiteriana thereby becoming one the best lawyers Brazil have ever had. He heads a center where lawyers do their legal research in Brazil. He has earned membership for so many organizations such as Brazil Bar Association and many others.

Ricardo Tosto de Oliveira Carvalho is also a writer besides practicing law. He is different from other writers because his works are mostly on legal matters and his experiences with the various cases he has won in the past despite the challenges involved. His articles are read by almost everyone in the country, and because of this, he has become very famous both locally and globally.

In addition to law and writing articles, he is also a motivational speaker. He has been requested severally by universities and organizations to give inspirational speeches to these young lawyers. In these forums and seminars, he has managed to shine the light in the lives of many by telling them his success story and encouraging them not to give up despite the odds that may cloud their paths to success.

Everyone in Brazil looks up to him and wishes that they be like him someday. Probably he is so good because he comes from a country that has the most and the best law schools globally. Brazil invests mostly in legal issues and hence has been ranked highly having the most number of lawyers and producing the best lawyers who graduate from their universities and colleges with distinctions. Lawyers like Ricardo Tosto de Oliveira Carvalho, Adelmar Tavares, and attorney Ana Montenegro are just but the tip of an iceberg.

Their schools offer certified exams of which their results are verified by a board of lawyers before a student gets incorporated into any law firms for attachments and internships. These pieces of training are supervised by Brazilian lawyers working or owning those institutions to ensure that the students are well decked with all the skills and knowledge that any lawyer would need.
Brazil is, therefore, getting to grow and advance its legal community as its best lawyers like Ricardo Tosto de Oliveira Carvalho also pave their ways to greatness.

Read More : https://www.youtube.com/watch?v=qc0MFA_hkFc

How Anthony Petrello is Contributing to the Success of Nabors Industries

Anthony Petrello is among the highest paid and compensated CEOs in the U.S. He is an executive officer and board chair of an oil and gas company known as Nabors Industries. Petrello’s success can be attributed to his several years of hardwork and ambition.

Education and work experience

As an alumnus of Yale University student, Petrello scored good grades in mathematics. He was enrolled in the university’s bachelor’s and master’s degree in mathematics programs. His college professors advised him to pursue a career that is related to mathematics, but his dream was to venture into law. Anthony Petrello decided to enroll in Harvard Law and later earned a Juris Doctorate in law.

Petrello debuted his law career at Baker & McKenzie working as an associate. At the firm, he specialized in general corporate law, international arbitration and taxation. He managed to help Baker & McKenzie close deals and was promoted to managing partner. He resigned from the lucrative job and decided to accept a top-notch opportunity at Nabors Industries. He was officially elected as the firm’s COO and president back in 1991.

Besides Nabors Industries, Petrello has other executive duties that he carries out. For instance, he is an executive director of two companies known as Hilcorp Energy Company and Stewart & Stevenson LLC. As a board member of the trustees’ board of the famed Texas Children’s Hospital, Petrello usually advocates for kids ailing from neurological disorders. Hos advocacy is aimed at improving the facility’s research and clinical programs.

CEO role at Nabors Industries

Since 2012, Nabors Industries has been benefiting from Petrello’s CEO and board chair roles. His role at the reputable company entails providing strategic planning advice with a goal of enabling the firm to be productive in the competitive oil and gas industry.

Nabors Industries established a name for itself in the energy industry due to its commitment to excellence. The firm is also known for its sustainable exploration and exploitation operations on oil fields. It is safe to say that Nabors Industries managed to rank highly in the energy thanks to the efforts of Anthony Petrello and members of its professional team.

As an executive officer of a publicly-traded company, NYSE: NBR, helping a business venture maintain its top position is Petrello’s ultimate goal. Nabors is classified as a venture with one of the world’s largest offshore drilling rig fleet. Nabors also serves companies and individuals with directional drilling services, innovative solutions and performance tools.

Read More : http://alivenewspaper.com/2017/09/tony-petrello-and-his-dedication-to-philanthropic-causes/