CNOOC Limited today announced its 2011 business strategy and development plan. The total net production of the Company in 2011 is targeted at 355-365 million barrels of oil equivalent (BOE) (assuming with WTI at US$82.0/barrel). The Company’s net production for 2010 is estimated to be 327-329 millio
Marine Platforms Limited (“MPL”) and Siem Offshore have agreed to extend the initial interim period for the MRSV (Multi Role Support Vessel) Siem Marlin by an additional firm period of one year until April 2012. MPL has options to extend the charter by 2 + 1 year. The Vessel provides services for a
Lamprell PLC announces that Mr. Chris Hand, Chief Operating Officer, was appointed to the Board of Directors of the Company on 26th January 2011. The Company confirms that there is no further information required to be disclosed pursuant to Listing Rule 9.6.13. Lamprell, based in the UAE, has played
Noble Corporation today reported fourth quarter 2010 earnings of $99 million, or $0.39 per diluted share, versus $446 million, or $1.72 per diluted share, for the fourth quarter of 2009. Contract drilling services revenues for the fourth quarter of 2010 were $614 million versus $894 million in the f
Tullow Oil plc (Tullow) issues this Trading Statement in respect of its financial year to 31 December 2010. This is in advance of the Group’s Full Year Results, which are scheduled for release on 9 March 2011. The Operational Update is in respect of recent production, development and exploration act
SeaBird Exploration PLC (‘SeaBird” or “SBX”), the market leader in deepwater node seismic, announces an agreement for a strategic cooperation to further develop Ocean Bottom Node (“OBN”) operations together with Petroleum Geo-Services ASA (PGS). This agreement enables the two companies to provide a
KBR today announced that it has been selected by Chevron USA Inc. to execute the detailed design for the Chevron Big Foot Topsides project. The Big Foot field is located in the Walker Ridge Block 29 of the Gulf of Mexico and is owned by Chevron USA Inc. (operator) and other working interest owners.
Technip announces today a new investment project to expand its flexible pipe manufacturing footprint in Brazil adding capacity for additional volume and high-end products. The very significant development of Brazil’s hydrocarbon reserves in recent years has driven huge growth in the demand for flexi
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Chevron Corporation announced a series of senior management moves in key corporate and upstream leadership positions. These executive appointments are effective March 1, 2011. James Blackwell has been named executive vice president, Technology and Services. Blackwell, who has been with the company s
Work is nearing completion on a six figure pioneering underwater tool which is to be exhibited at next month’s Subsea 2011 event in Aberdeen. After five years of development and investment of £500,000, Ecosse Subsea Systems’ SCAR specialist trenching plough is generating considerable interest from a
Plans to transform a North Sea fabrication yard into a key energy industry hub serving the renewables and oil and gas sectors have taken a major step forward. The Global Energy Group was today (Tuesday 25 January, 2011) formally named preferred bidder for Nigg yard, on the Cromarty Firth in the High
NaiKun Wind Energy Group Inc. (TSX-Venture: NKW) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. NaiKun Wind Energy Group Inc. is a British Columbia-based renewable energy com
Specialist oil and gas supply and service company L&N (Scotland) have appointed Craig Finnie to Operations Director while Mike McArtney takes on a new role as Business Development Director. Mr Finnie has been with L&N for nine years, most recently as operations manager, and will have responsibility
