Qatar’s Barzan gas project to supply its booming domestic demand is now expected to cost $10.3 billion, Qatari energy minister Mohammed al-S… Source: Reuters [mappress] Source: Reuters, November 1, 2011
Global offshore accommodation specialist HB Rentals has been awarded a contract worth approximately half a million pounds to supply two salvage barges with offshore accommodation and accessories in the North Sea. HB Rentals will provide a salvage vessel with a full rental package including eight 3ft
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
Aberdeenshire-based oilfield service company ROMAR International has announced a contract award with Shell UK. The scope of work involves ROMAR providing swarf handling equipment and personnel to recover metal cuttings during the plugging and abandonment of six wells for the UK oil major. The ROMAR
Leading oil and gas body, the Intervention & Coiled Tubing Association (ICoTA), has announced the finalists for its prestigious European Chapter Innovation Award. Petroleum Technology Company (PTC), Oilenco, Schlumberger, BP Exploration & Production and Red Spider have been shortlisted for the covet
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces its intention to deepen the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometres North West of Sapele-1 and circa t
The exploration well Mindou Marine-1, located offshore in Block Marine XI Congo (Brazzaville), has reached total depth at 3,515 metres. The well did not encounter oil shows in the target pre-salt section. The well will now be logged, and a full geological interpretation of the results will be undert
Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. The third quarter has been a solid operational quarter, with financial results i
Britain’s Cove Energy PLC believes its offshore Mozambique Rovuma block it is exploring has an upside potential of 40 trillion cubic feet of… Source: Reuters [mappress] Source:Reuters , November 1, 2011;
Lamprell , a leading provider of specialist engineering services to the international oil and gas and renewables industry, announced this morning that it has been awarded two new construction contracts by Nexen Petroleum U.K. Limited in relation to the Golden Eagle Development in the UK North Sea, w
Genesis Energy, L.P. announced yesterday that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C
This Monday, (31/10), in Singapure, Petrobras’ CEO, Mr. José Sergio Gabrielli de Azevedo talked about the the last 5 years increase in oil consumption, highlighting that markets such as China, India, Brazil, South America and Africa presented very promising opportunities for the oil and gas sector.
Energy Partners, Ltd. yesterday announced it has executed a purchase and sale agreement to acquire oil and natural gas assets in the shallow-water central Gulf of Mexico (GOM) from a subsidiary of Stone Energy Corporation for $80.0 million. The transaction involves additional interests in the Main P
Aker Solutions has signed an agreement to acquire the well intervention technology business from X3M (pronounced “Extreme”) International. The acquisition will grow Aker Solutions’ well intervention technology and service portfolio worldwide as well as increase the company’s presence in the importan
