Invitation to participate in the Portland projectAug 4, 2009The Directors of Portland Gas says that Infrastrata UK Limited (IS-UK), a wholly owned subsidiary of the Company launched a process which will lead to the offer
PTTEP gets approval to participate in offshore block G4/48Jul 27, 2009PTTEP has been granted approval to participate in the Petroleum Concession Block G4/48.
Addax receives letter from Kurdistan Regional GovernmentJul 23, 2009Addax has received a letter from the Minister of Natural Resources of the Kurdistan Regional Government and has confirmation from Sinopec International Petroleum
PA Resources gets nod for Aseng oil field projectJul 23, 2009The Plan of Development for the Aseng oil field in Block I offshore Equatorial Guinea has been sanctioned by the operator, PA Resources and other partners as well as
Lukoil continues offshore construction at Yuri Korchagin field in the Caspian SeaJul 21, 2009Lukoil has launched the next stage of offshore construction operations at Yuri Korchagin field located in the Russian sector of the Caspian Sea.
Alaska Department of Natural Resources awards Baker In-State gas line contractJul 17, 2009Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation, has been awarded a $5 million engineering contract from Alaska's Department of Natural Resources.
Petrolifera to retain Argentinean operationsJul 17, 2009Petrolifera Petroleum Limited says that the bids received in respect of its Argentinean operations were unacceptable.
Niko to operate first block offshore TrinidadJul 10, 2009Niko Resources has signed an agreement with Centrica whereby Niko will have a 26.0 percent interest and operate the recently awarded shallow water block 2AB offshore Trinidad.
PA Resources awarded new licence in the NetherlandsJul 8, 2009PA Resources, together with its partner Smart Energy Solutions B.V. (SES), has been awarded the Schagen licence in the Netherlands.
Subsea 7 airs $150M Angola assignmentJul 7, 2009U.K.-based offshore construction outfit Subsea 7 has won the $150 million job of bringing pipelaying, engineering, construction and installation to ...
Matra Petroleum Gains Arkhangelovskoe licence boundary and Term extensionJul 2, 2009Matra says that it's 100% owned Russian subsidiary "OOO" Arkhangelovskoe, which operates the Arkhangelovskoe License, applied for and has now received formal approval
Alcoa and Cameron forms joint collaboration on oil and gGas projectsJun 30, 2009Alcoa has signed a development agreement with Cameron to commercialize aluminum drilling riser systems for offshore oil and gas exploration and development.
Petrobras partner with Vale to explore offshore BrazilJun 26, 2009Petrobras has signed a Memorandum of Understanding with Vale S.A. which establishes the framework for a partnership to explore and produce oil and natural gas
Wood Group wins services contract from ENI AustraliaJun 25, 2009A subsidiary of John Wood Group, RANms, has been awarded a three-year maintenance services contract, with two one-year extensions by ENI Australia B.V. for the Blacktip project
Savoy Energy to create JV for oil exploration in FijiJun 25, 2009Savoy Energy has signed a Letter of Intent (LOI) with Masi Corp Holdings Limited to create a joint venture in Fiji.
Sonic and Shell Canada jointly apply for oil sands process patentJun 24, 2009SONIC and Shell Canada have jointly filed a patent application for the recovery of bitumen from oil sands.
Granherne selected for conceptual study as part of Gullfaks 2030 projectJun 23, 2009KBR says that its consulting subsidiary Granherne has been selected to take part in a conceptual study of StatoilHydro's Gullfaks 2030 project to extend the production
Gran Tierra signs 3 new Exploration and Exploitation contracts in ColombiaJun 23, 2009Gran Tierra has signed three Exploration and Exploitation contracts with the National Hydrocarbon Agency totaling 235,264 acres in which Gran Tierra has a 100% working interest.
Eni starts the rationalisation process of its Italian portfolioJun 23, 2009In accordance with its 2009-2012 Strategic Plan and in the framework of the optimization of its portfolio, Eni has identified certain assets and mining licences in Italy
Pacific Asia signs series agreements on EORPJun 19, 2009Pacific Asia Petroleum says that its Hong Kong subsidiary, Pacific Asia Petroleum Energy Limited (PAPE), along with its China affiliate, Inner Mongolia Sunrise Petroleum
Jet Edge selects Sunny Limited to distribute Waterjet systems in JapanJun 19, 2009Jet Edge, Inc. says that Sunny Limited of Tokyo, Japan, has been selected as its new waterjet systems distributor for Japan.
ExxonMobil expands capacity on Pegasus Pipeline to Gulf Coast regionJun 18, 2009Mobil Pipe Line Company, an affiliate of ExxonMobil Pipeline Company, has completed a project that will increase capacity by 50 percent, or about 30,000 barrels per day
Lucas implements Summer 2009 workover programJun 18, 2009Lucas Energy declares the implementation of its Summer 2009 workover program.
BP picks GE O&G for 2 engineering studies at Offshore Foinaven fieldJun 17, 2009GE Oil & Gas has been selected by BP to conduct two initial engineering studies for the Foinaven oil field, for subsea processing and power-from-shore systems respectively.
Oil industry in fundraising driveJun 16, 2009Comment:
A swell of stock market offerings from oil companies and suppliers reveals an oil industry intent on self-finance, as the stream of lending remains just a trickle.
