Noble Energy, Inc. reported today second quarter 2011 net income of $294 million, or $1.61 per share diluted, on revenues of $954 million. The Company’s second quarter 2010 net income was $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the second quarter 2011 in
Eni has made a new hydrocarbon discovery offshore Ghana through the Gye Nyame 1 well, which is located in the OCTP block 50 km off the Ghanaian shoreline. The well, which was drilled in 519 meters of water, was drilled to a total depth of 3,349 meters and encountered significant thickness of gas and
Royal Dutch Shell’s second quarter 2011 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $8.0 billion compared with $4.5 billion the same quarter a year ago. Basic CCS earnings per share increased by 74% versus the second quarter of 2010. Second quarter 2011 CCS earnings, exclu
GDF SUEZ announced today two important milestones in the development of its portfolio of exploration & production assets. These operations are located for the one in a mature area in Norway and for the other in a promising region in Asia. Thus, the Group acquired an additional 20% share in the offsh
Repsol posted net income of 1.344 billion euros in the first half of 2011, slightly higher than the 1.338 billion euros of the year-earlier period. The group’s operating income totalled 2.722 billion euros compared with 3.004 billion euros in the same period of the previous year. The company’s perfo
Origin Energy Limited (“Origin”) today announced that the Board of Australia Pacific LNG has approved a Final Investment Decision (“FID”) on the first phase of a two train CSG to LNG project in Queensland. FID taken on the Australia Pacific LNG project initiating development of the first LNG train a
Statoil’s second quarter 2011 net operating income was NOK 61.0 billion (USD 11.15 billion) , a 129% increase compared to NOK 26.6 billion (USD 4.86 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK, a
Eni has made a new hydrocarbon discovery offshore Indonesia. As the operator, Eni has successfully drilled an exploration well on the Jangkrik North East structure, located in the Muara Bakau block Kutei Basin, east of Kalimantan, 15 Km from the Jangkrik field. The Jangkrik North East discovery repr
Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today announced that its wholly-owned subsidiary, Chart Energy & Chemicals, Inc. (“Chart E&C”), has been awarded a contrac
ConocoPhillips today reported $3.4 billion second-quarter earnings and $3.4 billion adjusted earnings. This compares with second-quarter 2010 earnings of $4.2 billion and adjusted earnings of $2.5 billion. “We had a solid quarter,” said Jim Mulva, chairman and chief executive officer. “Higher adjust
The liquefied natural gas carrier „Al Samriya‟ berthed today, July 27, at Gate terminal, the Netherlands The “Al Samriya” is third LNG carrier that delivers its commissioning cargo for Gate LNG project after the arrival of the „British Trader‟ and the “Arctic Voyager‟. Prior to the start of commerci
GE Oil & Gas has entered into an agreement with Bechtel International, Inc. for the supply of compression technology for two customized LNG refrigeration trains for the Chevron-operated Wheatstone Project in Western Australia. A final investment decision on the Wheatstone Project is expected in the
NYK conducted an accident-response drill together with the Japan Coast Guard on July 26 based on a mock scenario having NYK LNG carrier Al Khor spill oil in Tokyo Bay followed by NYK’s cooperation with the Japan Coast Guard to address the accident. NYK conducts accident-response drills about 10 time
Amid other important proposals, Ministry of Petroleum and Natural Resources has made large number of amendments in draft of Liquefied Natura… By Ahmad Ahmadani (The Nation) [mappress] Source:The Nation , July 27, 2011;
