Aker Solutions to build giant Sakhalin 1 structureApr 30, 2009Aker Solutions has been awarded contracts from Exxon Neftegas Limited, as operator on behalf of the Sakhalin-1 Consortium, for designing, constructing and delivering the Arkutun-Dagi gravity base structure (GBS) for the Sakhalin-1 project.
Northern gas pipeline to Europe stoppedApr 29, 2009Norwegian pipeline operator Gassco has announced the scrapping of the Skanled pipeline project, an export route to Sweden, Denmark and some said ...
Shell reports 58% earnings joltApr 29, 2009Profits in a second supermajor oil and gas company have fallen off sharply, as North Sea based Royal Dutch Shell revealed a 58 percent drop in ...
Linn Energy closes $1.75 billion credit facilityApr 29, 2009Linn Energy has entered into a new $1.75 billion secured revolving credit facility with a $1.75 billion initial borrowing base, with BNP Paribas as administrative agent;
Total's offer to aquire UTS Energy expired and terminatedApr 29, 2009Total says that its offer to acquire all of the outstanding common shares of UTS Energy Corporation (UTS) for C$1.75 cash per share through its wholly-owned subsidiary,
BP Q1 plummets, spending slashedApr 28, 2009International oil company BP has posted a $2.56 billion first-quarter profit, down a staggering $4.53 billion million from the same period in 2008, and the company ...
Rocksource buys into survey brain’s start-upApr 21, 2009Houston-based survey-tech-driven oil company Rocksource will pay $5 million to have a piece of the the brainy enterprise ...
Maurel & Prom tackles mafiaApr 20, 2009Drill crew from Paris-based oil company Maurel & Prom say they’re boring into the earth at the limits of today’s technology while tackling ...
No novices, Papua New Guinea brings China into LNG mixApr 20, 2009Papua New Guinea oil company Petromin and InterOil Corp. have agreed a tentative deal in Beijing to let China National Offshore Oil Corp. bid to own a piece of the ...
By WILLIAM STOICHEVSKI
Total turned away in $684M UTS bidApr 17, 2009The board of Canadian oil sands player UTS has turned down a sweetened C$829.8 million (US$684.2 million) offer from France-based oil company Total and told shareholders ...
By WILLIAM STOICHEVSKI
Rift rises on prospect of $770M pipelineApr 15, 2009Shares in London-based Rift Oil shot up six percent on Wednesday despite the company learning that a Papua New Guinea pipeline ...
Sevan “round rig” to earn share of ShelleyApr 14, 2009Norway-based floating production company Sevan Marine has reported a loose agreement with Premier Oil and Gas Services Ltd. to keep operating FPSO Sevan Voyageur at ...
RAK spend starts with $28M in OmanApr 8, 2009Dubai-based RAK Petroleum has purchased U.K.-based Heritage Oil Ltd.’s Oman business Eagle Energy for $28 million, a price that includes a 10 percent stake in ...
Eni declares new Indonesian gas discoveryApr 6, 2009Italian-based oil company Eni said it has a "significant success" at the deepwater Jangkrik discovery in Indonesia's Kutei Basin.
Beach sells Arrow stake for massive gainApr 3, 2009Aussie energy company Arrow Energy Ltd., fresh from a contest with gas giant BG over a company with rich coal-seam gas holdings, has bought up the ...
Troll C partners to speed older oilwellsApr 1, 2009StatoilHydro has been given the official greenlight for tens of millions of dollars of modifications at the Troll C semi-submersible ...
Antrim loss widens, Causeway put offMar 31, 2009Calgary-based North Sea player Antrim said it is delaying first production until 2011 at its Causeway discovery, while it looks for ways to bring down ...
StatoilHydro’s wildcat duster shows APA perilsMar 31, 2009Norwegian oil company StatoilHydro and partners have drilled a duster in the North Sea north of the producing Gjøa field, where wildcat 35/6-2 S was ...
Dana finds gas mass off MoroccoMar 30, 2009U.K. investor favourite Dana Petroleum has made a significant gas discovery at Anchois, in the Tanger-Larache licence, with its first well offshore Morocco.
StatoilHydro, partners drill Grosso dusterMar 27, 2009The drilling of Norwegian oil company StatoilHydro’s dramatically named Grosso prospect has proved an exploration failure, partners in the well ...
CNOOC declares double discoveryMar 26, 2009China's CNOOC Ltd. has reported two new oil and gas discoveries in Bohai Bay, where the ...
Premier scoops Oilexco bits for $550MMar 25, 2009U.K. oil company Premier Oil said Wednesday it will fundraise in the market to pay for Calgary outfit Oilexco’s North Sea operation, a prize worth some $505 million ...
Petroceltic up on Sahara hireMar 23, 2009Shares in Irish independent Petroceltic International soared 4.8 percent on Monday, after news customs in Algeria had cleared the rigs sent by drill-rig company KCA Deutag and ...
Oil sands companies pressured to upgradeMar 23, 2009Canadian regulators in oil province Alberta appear to have forced oil sands players to build bitumen upgraders on their Fort Hills project leases by making ...
