Strategic Marine continues to enhance its profile within the offshore support services industry, winning the contract to build four new workboats for Leighton-Saipem Consortium for use by the Chevron operated Gorgon Project. The vessels will be built at the company’s Henderson Shipyards and used to
The overall project cost for the multi billion Kina, PNG LNG Project is expected to increase significantly with the temporary shut down of e… (islandsbusiness) [mappress] Source: islandsbusiness, February 2, 2011;
Marathon Oil Corporation announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent increase from 2010 capital spending. “Having completed a number of major investment projects over the last few years, Marathon’s 2011 budget h
Working meeting between Company’s Chief Executive Officer Alexei ZAGOROVSKIY and Governor of the Arkhangelsk office Ilya MIKHALCHUK was held on the 31st January at the SHTOKMAN DEVELOPMENT AG Moscow office. The meeting was dedicated to review of the results of the activities performed by the Arkhang
One year down and the Chevron-operated $43 billion Gorgon LNG project is taking shape on Barrow Island thanks to local and international con… (perthnow) [mappress] Source: perthnow, February 2, 2011;
Finnish oil and gas companies intend to get a stake in the Yamal LNG project… (barentsobserver) [mappress] Source: barentsobserver, February 2, 2011;
Eastern Star Gas Limited announced its monthly drilling update on its coal seam gas drilling operations in PEL 238 around the township of Narrabri, in Northern New South Wales Australia. Culgoora 2 Corehole Objective: The Culgoora 2 corehole is located approximately 22 km west from the township of N
RasGas Company Ltd (RasGas) yesterday celebrated the remarkable safety achievement of its Drilling Shorebase operations, which has now clock… [mappress] Source: thepeninsulaqatar, February 2, 2011;
Chevron Australia has awarded Western Australian company ICON Engineering a $5.5 million contract to build a Compensated Tension Lift Frame (CTLF) for use during the upcoming drilling and completion programme for the Gorgon Project. The CTLF is designed to provide heave compensation during completio
Beach Energy Limited is pleased to release monthly drilling report ending 2 February 2011. Beach Operated Cooper-Eromanga Oil – Western Flank The Ensign 30 rig has finished its drilling commitments with Santos and is currently being demobilised to the Moomba area. Beach will then mobilise the rig to
OAO NOVATEK First Deputy Chairman of the Management Board, Mikhail Popov, and the General Director of the Russian Federation’s Atomflot, Vladimir Ruksha, signed a Сooperation Agreement establishing the framework for the development of reliable and safe transportation solutions for the Yamal peninusl
Chesapeake Midstream Partners, L.P. announced that the Board of Directors of its general partner declared a cash distribution of $0.3375 for the 2010 fourth quarter. The distribution corresponds to $1.35 per unit on an annualized basis. The distribution will be payable on February 14, 2011 to all un
Magellan Petroleum Australia Ltd, a wholly-owned subsidiary of Magellan Petroleum Corporation, and Santos Offshore Pty Ltd have agreed to extend the closing date for the sale of Santos’ 40% stake in the Evans Shoal gas field located offshore Northern Territory, Australia to MPAL. This extension will
GE announced the successful closing of its $3 billion acquisition of Dresser, Inc., a global energy infrastructure technology and service provider, from funds managed by Riverstone Holdings LLC and First Reserve Corporation, Dresser management and its other stockholders. The move significantly expan
