BG Group today announced that Fabio Barbosa has been appointed to the Board as an Executive Director and as Chief Financial Officer, effective 31 March 2011. Fabio Barbosa joined BG Group in December 2010*. He was until June 2010 the Chief Financial Officer at the Brazilian mining company Vale S.A.
Hyperdynamics Corporation today announced the results of a new resource evaluation conducted by Netherland, Sewell & Associates, Inc. (NSAI) on the deep water portion of the Company’s oil and gas concession offshore Republic of Guinea. NSAI, an independent engineering firm and provider of reserve au
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that it has entered into an assignment agreement to secure three firm additional well slots on the Ocean Guardian drilling rig. Rockhopper intends to utilise these three well slots after Desire Petroleum
Leading UK law firm McGrigors has been granted a licence to establish a branch office in Doha by the Qatar Financial Centre Authority. The move demonstrates McGrigors’ commitment to its long standing client base in the State of Qatar and will build on the firm’s existing activities in the Middle Eas
Repsol has agreed to sell a 3.83% stake of YPF to Lazard Asset Management and other investment funds for $639 million. Both transactions have been agreed at a price of $42.4 per share. Lazard Asset Management will acquire for $484 million a total of 2.9% of YPF for a number of its clients*, while [&
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that at 24:00 hours WST (Western Standard Time) on Sunday, 13 March 2011, the well was at a depth of 3,208m MDRT and drilling ahead in the 121/4″ hole. Sin
Awilco Drilling Limited has signed a contract with Nautical Petroleum plc for 1 firm well and 1 optional well for WilHunter. The contract represents the first well in the SPD multi well multi client 2011 drilling programme. The contract value for the firm part is approximately USD 5 million. Drillin
Gas flow from the offshore South Pars gas field phase 12 will reach onshore installations up to the end of next Iranian calendar year (ending on March 20 2012), Rasoul Falahnejad who is in charge of the phase 12 development announced here. He named the year 1390 as an exceptional year in view of [&h
Brunei Shell Petroleum (BSP) announced today a significant new oil discovery in the coastal waters of the south-east Asian sultanate. The discovery, named Geronggong, is situated in the 3rd Offshore Acreage Area, approximately 100km offshore where water depth is approximately 1000m, the deepest wate
Providence Resources P.l.c. (“Providence”), the Irish oil and gas exploration and production company, whose shares are listed in London … [mappress] Source: euroinvestor, March 14, 2011;
Through its Trelleborg Engineered Systems business area, Trelleborg has signed an agreement to acquire a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies Inc. The business focuses on specially designed oil hoses for surface and deep-sea applications f
Det norske oljeselskap ASA has agreed to divest 10 percent in PL 522, blocks 6604/2, 3, 4, 5 & 6, to Centrica Resources Norge AS. Det norske is reducing its interest from 20 percent to 10 percent. This Norwegian Sea license is operated by BG and includes the Gullris prospect located at 1300 meters [
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (the “Company” or “Atwood”), announced that Mr. George S. Dotson was appointed non-executive Chairman of the Board of Directors effective March 10, 2011. He has served as a member of the Board of Directors of the Company since
Scheldepoort Repair & Conversion Yard in the Netherlands secured a major contract for the conversion of the “M/V Agile” into a high-tech flexible Pipe Lay Support Vessel (PLSV). The Owner and operator of the vessel McDermott Inc is a well known company in the world-wide offshore industry. The conver
