Petrobras announces the discovery of light oil in sandstones reservoirs of the post-salt section of Espírito Santo Basin. This new discovery was the result of the drilling of well 1-BRSA-882-ESS, informally referred to as Indra, and is located in the BM-ES-32 (Block ES-M-594) Exploratory Concession.
Aberdeen harbour is to spend £8.5 million dredging its entrance to allow ships to enter more frequently during bad weather… By Pete Bevington (shetlandmarine) [mappress] Source: shetlandmarine, December 17, 2010;
A senior lecturer from Aberdeen University’s School of Engineering has been awarded funding of £718,000 from the European Research Council… (theengineer) [mappress] Source: theengineer, December 17, 2010
A senior lecturer from Aberdeen University’s School of Engineering has been awarded funding of £718,000 from the European Research Council… (theengineer) [mappress] Source: theengineer, December 17, 2010
Santos Limited today executed binding agreements with KOGAS and Total which pave the way for a final investment decision (FID) in January 2011 on the two train GLNG project. GLNG has an estimated gross capital cost of approximately US$16 billion from FID until the end of 2015, when the second train
Chevron Corporation announced it has sanctioned development of its $4 billion Big Foot project in the deepwater U.S. Gulf of Mexico. “Sanctioning Big Foot underscores our commitment to the Gulf of Mexico and will contribute to future U.S. energy supply,” said George Kirkland, vice chairman, Chevron
Repair work to Delaware’s coastline is set to get under way within weeks. Beach replenishment is scheduled to start at the beginning of … By Michael Lopardi (wboc) [mappress] Source: wboc, December 17, 2010;
The amount refers to newly awarded contracts for activities to be carried out between 2011 and 2014, in the Gulf of Mexico, and in Kazakhstan, alongside other works in the North Sea and Azerbaijan. It also includes increases in the scope of work on existing offshore contracts. In the US sector of th
Last week, with Tuesday morning’s near-freezing temperatures didn’t scare the men of Landi Contracting. The crew was already in the … BY PAIGE RENTZ (myharrisonreport) [mappress] Source: myharrisonreport, December 17, 2010;
Nicaragua and Costa Rica accepted Guatemalan mediation to resolve a border dispute between the two countries, as announced today at the … (plenglish) [mappress] Source: plenglish, December 17, 2010;
Gazprom reduced its debt load in 2010 versus late 2009. According to the recently published Gazprom IFRS consolidated information, the Group’s overall debt decreased 17 per cent from RUB 1.63 trillion to RUB 1.35 trillion over the first sixth months of 2010. We forecast that by the end of this year
OAO NOVATEK announced today the closing of the transaction to acquire a 51% interest in OAO Sibneftegas, by the Company’s wholly-owned subsidiary, OOO NOVATEK Severo-Zapad, from OAO Gazprombank. The acquisition price for the 51% interest amounted to RR 26,883 million. In accordance with the terms of
Petrofac, the international oil & gas facilities service provider, issues the following pre-close trading update ahead of the announcement of its audited results for the year ending 31 December 2010, expected to be on 7 March 2011. * Net profit for the year expected to be in line with expectations f
Suncor Energy Inc. announced today its plans to increase production to more than one million barrels of oil equivalent per day by 2020, … (suncor) [mappress] Source: suncor, December 17, 2010
