MEO gets go ahead for seismic survey in WA-360-PMar 16, 2009MEO Australia Limited advises that all requisite regulatory approvals have now been received for the acquisition of approximately 250 km2 of 3D seismic in WA-360-P,
IHS study finds 2008 global upstream O&G transaction value fell 32%Mar 16, 2009Global mergers and acquisition (M&A) upstream transaction value plunged to $104 billion in 2008 from an annual average of nearly $160 billion in 2005-2007,
Swiber “brimming” with offshore projectsMar 13, 2009Singapore offshore construction contractor Swiber said Friday it had in the first two months of 2009 already collected US$70 million in oilfield ,,,
Precision retains Ramsey Engineering for Montana projectMar 13, 2009Precision Petroleum Corporation has engaged Ramsey Engineering, a petroleum engineering firm in Oklahoma City to initiate an engineering survey
Stopped oil sands spending tops $35B: reportMar 12, 2009Billions of dollars in cancelled Canadian oil sands projects has exposed Canada’s oil provinces as the areas hardest hit by ...
By WILLIAM STOICHEVSKI
Apex invests £1 million to open new machine shopMar 12, 2009Apex Tubulars Inspection Services, the UK based independent provider of casing and drillpipe inspection and repair services to the oil and gas industry,
StatoilHydro finds imaging partner in ParadigmMar 6, 2009StatoilHydro has awarded Netherlands-based oilfield software producer Paradigm a contract for the company’s subsea ...
Subsea 7 bags $17m contract from StatoilHydroMar 5, 2009Subsea 7 has been awarded a US$ 17m contract from StatoilHydro for engineering and installation of the Snorre B Riser Replacement project in the Norwegian sector of the North Sea.
Siem ship nets $45M Nigeria orderMar 4, 2009Norway-based oilfield construction outfit Siem Offshore has chartered out the multi-purpose offshore vessel Siem Marlin to a ...
Pacific Asia signs expanded China acquisition agreementMar 3, 2009Pacific Asia Petroleum has signed a comprehensive Amended & Restated Agreement on Cooperation with Well Lead Group Limited covering the principal terms
Subsea 7 wins $200M Brazilian pipelayMar 3, 2009Norway-based offshore contractor Subsea 7 has won a $200 million contract with Brazilian oil company Petrobras to help develop the ...
Sevan to earn $400M at GoliatFeb 27, 2009Norway-based “Round rig” designer Sevan Marine took the occasion of posting a loss on Friday to say its work on Italian oil company Eni’s ...
Brits, Baghdad mark first $400M dealFeb 27, 2009Ramco Energy of Aberdeen explained Friday that the deal it agreed this week to form a joint venture with the state-owned Iraqi Drilling Co. is worth ...
Dragon drops nearly 17% on probeFeb 26, 2009Shares in Ireland-based Dragon Oil fell nearly 17 percent on Thursday after the company announced an investigation of its supplier procurement procedures, where ...
Lundin gets Lagansky block licence extensionFeb 26, 2009Lundin Petroleum has received from Rosnedra, the Russian subsoil licensing agency, a five year extension to its existing Lagansky exploration licence (70 per cent Lundin Petroleum interest).
Gulf countries counting on $204B in projectsFeb 23, 2009Countries of the Middle East’s Gulf Coast will invest $204 billion in oil and gas projects in 2009, or 11 percent more than in 2008, say organizers of October 2008’s OGS 2009 ...
Petrobras signs partnerships with Chinese companiesFeb 20, 2009Petrobras signed two memoranda of understanding and a sales agreement for 60,000 to 100,000 barrels of oil per day to Unipec Asia Co. Ltd., a subsidiary of China Petrochemical Corporation – Sinopec.
Chevron seeks Agbami truth with SeabirdFeb 13, 2009A business of Chevron in Nigeria has asked Norway-based survey outfit SeaBird Exploration Ltd. and local surveyor Sonar Ltd. to layout and shoot ...
Total to spend $18B in ’09, mostly E&PFeb 12, 2009French oil company Total said its fourth-quarter 2008 adjusted net income fell 16 percent to $3.8 billion but that spending in 2009 would be “comparable” to ...
Anadarko chronicles $4B ’09 planFeb 11, 2009Houston heavyweight Anadarko Petroleum Corp. said it would cut its spending to between $4 billion and $4.5 billion with 20 percent set for exploration expenses and 20 percent for “mega-projects” on the way ...
StatoilHydro: "costs" reach a sixth of Norway's budgetFeb 10, 2009Norway's energy champion StatoilHydro on Tuesday said it''s annual shopping in from the wares of the supply chain amount to a sixth of the Norwegian national ...
Shell goes with JP Kenny at GumusutFeb 5, 2009J P Kenny Wood Group Sdn Bhd has been awarded a contract by Sabah Shell Petroleum Co. Ltd. for subsea integration and follow-on ...
Eni picks Sevan to grow GoliatFeb 2, 2009Italian oil company Eni’s Norwegian business has chosen a “round rig” solution form floating production specialist Sevan for its $4.9-billion, storm-prone ...
Regency updates Haynesville expansion projectJan 29, 2009Regency Energy has negotiated definitive agreements with shippers for 800 MMcfd, which is more than 70% of the capacity of the Haynesville Expansion Project.
Sigma3 joint-venture secures Shell extensionJan 29, 2009Sigma3, the joint venture company set up by AMEC, Production Services Network (PSN), and Wood Group, has been awarded a further two year contract extension to support Shell in the UK sector of the North Sea.
