After 33 years of service, ConocoPhillips announced the retirement of Dominic Macklon, executive vice president of strategy, sustainability and technology, due to family medical reasons effective May 1, according to a Feb. 15 press release.
Macklon began his career with Conoco in 1991 and held engineering, business development, operational and leadership roles before becoming an executive leader for the company in 2018.
Since then, he led the company’s Lower 48 business and oversaw corporate planning and development, global technical functions, information technology, sustainable development and low carbon technologies, the release stated.
“Dominic has played an important role in identifying and driving value from low cost of supply opportunities across our global portfolio while positioning our company for the energy transition and accelerating our emissions reduction initiatives,” said Ryan Lance, chairman and CEO of ConocoPhillips. “I wish Dominic the best in retirement as he relocates back to the U.K.”
Recommended Reading
Petrobras Sending Nearly Half of Oil Exports to China
2024-04-30 - Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Kosmos Energy’s RBL Increased, Maturity Date Extended
2024-04-29 - Kosmos Energy’s reserve-based lending facility’s size has been increased by about 8% to $1.35 billion from $1.25 billion, with current commitments of approximately $1.2 billion.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.