Worldwide

Moody’s Investors Service on Friday said the Gulf of Mexico (GOM) oil spill could have a negative impact on BP plc’s prospects in the United States and worldwide for “a number of years.”

BP plc and its worldwide team of experts had been preparing for a lot of good fun at this year’s annual Offshore Technology Conference (OTC), held last week in Houston.

BP plc and its worldwide team of experts had been preparing for a lot of good fun at this year’s annual Offshore Technology Conference (OTC), which kicked off Monday in Houston.

Produced water treatment systems for the natural gas and oil sector are growing worldwide, with an estimated market potential of about $4.3 billion over the next five years, according to research compiled by industry consultants Douglas-Westwood Ltd. and OTM Consulting Ltd.

Produced water treatment systems for the natural gas and oil sector are growing worldwide, with an estimated market potential of about $4.3 billion over the next five years, according to research compiled by industry consultants Douglas-Westwood Ltd. and OTM Consulting Ltd.

Produced water treatment systems for the natural gas and oil sector are growing worldwide, with an estimated market potential of about $4.3 billion over the next five years, according to research compiled by industry consultants Douglas-Westwood Ltd. and OTM Consulting Ltd.

Houston-based Apache Corp. has named John Bedingfield as vice president of worldwide exploration and new ventures. Bedingfield formerly was Apache’s Australia region vice president and managing director. Prior to joining Apache in 1998 Bedingfield worked as a geophysicist at Exxon Co. USA, Esso Production Malaysia, Petronas and Exxon Exploration Co. Apache named John Christmann, who is vice president of business development, as vice president of the new Permian region office to be based in Midland, TX. Christmann joined Apache in 1997 and was production manager of the Gulf Coast region until 2003. Tom Maher, now exploration manager for Apache Egypt Cos., which is based in Cairo, will take over as Australia region vice president and managing director. Maher joined Apache in 1986 and transferred to Cairo in 2002.

The greatest amount of liquefied natural gas (LNG) regasification capacity being added worldwide this year is coming online in North America — where it’s needed least, according to analysts at Barclays Capital. Meanwhile, LNG cargo takes by Asian countries are poised for growth next year while some Asian countries will find their regasification capacity to be wanting.

Capturing and storing carbon dioxide (CO2) emissions from power plants and industrial sources on a commercial scale with 100 projects worldwide by 2020 and 3,000 projects by 2050 will require trillions of dollars of investment, according to a report released last Tuesday by the International Energy Agency (IEA) at the Carbon Sequestration Leadership Forum Ministerial in London.