“Financial News for Major Energy Producers (the News)” is a report on the recent financial performance of major U.S. energy producers. Twenty U.S. majors collectively reported $17.4 billion of net income in the third quarter of 2010, which was 32-percent more than the $13.2 billion these companies r
Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields. The Edradour exploration well lies in block 206/4, 75 kilometres North West
The Petroleum Safety Authority Norway (PSA) is responsible for developing and enforcing regulations which govern safety and working environment in the petroleum activities on the Norwegian continental shelf and associated land facilities. The regulations with guidelines, in both Norwegian and Englis
FMC Technologies, Inc. (NYSE: FTI) announced today that Peter D. Kinnear , Chairman and Chief Executive Officer, will address attendees at the following event: Event: Goldman Sachs Global Energy Conference Grand Hyatt Tampa Bay 2900 Bayport Drive Tampa, FL 33607 Tuesday, January 11, at 11:00 a.m. ES
Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) routinely releases information about 3D vessel utilization around the end of each quarter. Summary of vessel utilization: The vessel statistics for the fourth quarter 2010 includes the new vessel PGS Apollo (Image), which started seismic acquisitio
Trelleborg’s acquisition of the privately owned company PPL Polyurethane Products Ltd has been finalized. The company has annual sales of approximately SEK 90 M (Approximately USD $13 Million) and about 90 employees. PPL Polyurethane Products is based in the UK and develops, manufactures and markets
Technip was awarded a lump sum contract by Enbridge Offshore Facilities L.L.C. (Enbridge) for the development of the Walker Ridge gas gathering system in the Gulf of Mexico, at a water depth of 7,000 feet (2,130 meters). This award reinforces Technip’s leading position in the Gulf of Mexico ultra de
Engineering and construction company Clough Limited announced that the Clough Helix Joint Venture has been given a letter of intent by COOEC Subsea Technology Co Ltd (COOEC means China Offshore Oil Engineering Co) for offshore installation support activities associated with the Huizhou Field, offsho
The Company announces that the 9/3b-6z well has been successfully suspended for potential future use as a production well and the Ocean Nomad drilling rig is off hire from the Bentley field location. In addition to the successful well flow test announced on 21 December 2010, high quality downhole pr
Entek Energy Limited (Entek or the Company) is pleased to announce that it’s GA A133 well in the Gulf of Mexico is now being temporarily suspended, awaiting tie in to production, after intersecting around 200 feet of net gas pay during drilling (equivalent to the most-likely pre-drill interpretation
Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), provides this update on the operations at Tindalo. Since the last operations update on 29 December 2010, Nido, along with its Joint Venture Partners has reached a decision to call off the jack up-rig Aquamarine Driller foll
OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Santonian, Albian and Aptian sections of exploration well 1‐MRK‐3/4P‐RJS, which is located in the B
By Nathalie Stevenson As we near the end of the first year of the project, I wanted to take the opportunity to recap the significant progress that has been made by Narec as we work towards our target to have first demonstrator deployments by the end of 2013/early 2014. Our proposed facility was awar
W&T Offshore, Inc. announced today that its Board of Directors has approved the Company’s 2011 Capital Budget of $310 million, excluding the pending acquisition of the Gulf of Mexico producing shelf property under letter of intent with Shell Offshore Inc. and other potential acquisitions. The Budget
