TNK-BP said recently that the Vietnamese Ministry of Investment and Trade has granted TNK Vietnam, the Vietnam-based subsidiary of TNK-BP Group, the investment license to operate offshore gas Block 06.1, part of the Nam Con Son Integrated Gas to Power Project. TNK-BP has acquired from BP a 35% stake
CGX Energy Inc. announced that it has closed its previously announced offering of common shares at $0.70 per share (the “Offering”). Pursuant to the Offering, CGX has issued 131,445,000 common shares (the “Common Shares”) of the Company for gross proceeds of $92,011,500 which included the full exerc
Mitsubishi Corp has bought a 10 percent interest in a petroleum gas exploration project in Liberia from Anadarko Petroleum Corp as the Japan… Reporting by Vaishnavi Bala (Reuters) [mappress] Source: Reuters, October 21, 2011;
East Timor President Jose Ramos-Horta said on Friday his compatriots who met the new Woodside CEO Peter Coleman were “positively impressed b… [mappress] Source: Reuters, October 21, 2011
Diamond Offshore Drilling, Inc. yesterday reported net income for the third quarter of 2011 of $256.9 million, or $1.85 per share on a diluted basis, compared with net income of $198.5 million, or $1.43 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of
Dril-Quip, Inc. yesterday announced that J. Mike Walker has retired and is stepping down from his positions as Chairman of the Board and Chief Executive Officer and as a member of the Board effective immediately. As a result of Mr. Walker’s retirement, the board of directors has appointed John V.
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL435 on Haltenbanken to OMV (Norge) AS. License PL435 contains the gas discovery Zidane-1 which was made in 2010. This discovery is estimated to contain between 5 and 18 billion standard cubic me
ATWOOD OCEANICS, INC. announced yesterday the appointment of Phil D. Wedemeyer to its Board of Directors and to the Chair of its Audit Committee. Mr. Wedemeyer recently retired from Grant Thornton LLP, an international accounting firm, where he had served as a partner since August 2007. Previously,
On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE
Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL
CCA Offshore Container’s presence at the Offshore Energy Convention turned out to be a big success. Ter Haak daughter CCA’s stand was well patronized, with visitors being mostly responsible for their companies investments. The offshore industry is on the rise and in combination with the high quality
Octanex N.L. announced today that the Operator of the Joint Venture exploring the WA-323-P and WA-330-P permits (“Permits”), Santos Offshore Pty Ltd (“Santos Offshore”), has confirmed the finalisation of agreements to acquire a new 3D seismic survey within the Permits and to take an assignment of a
During recent weeks, noreq has been awarded several major contracts with Asian yards. Both Korea and Singapore is growing to be very important markets for Noreq. Some weeks back it was made official that Noreq was awarded the contract for Lifeboat packages for Maersk drillships being built with Sams
LUKOIL , Russia’s second-biggest oil producer, said on Thursday the government of Vietnam had approved its acquisition of a 50 percent inter… Writing by by Maria Kiselyova (Reuters) [mappress] Source: Reuters, October 20, 2011
