Statoil ASA will change its organisational structure as a response to future business opportunities and challenges, and to support … (marketwatch) [mappress] Source: marketwatch, August 19, 2010;
Wellstream International Ltd., a wholly owned subsidiary of Wellstream Holdings Plc , announced the award of a major offshore installation… (rttnews) [mappress] Source: rttnews, August 19, 2010;
A post-oil-spill delay in issuing new federal drilling permits in the shallow waters of the Gulf of Mexico, at first an inconvenience, has… (chron) [mappress] Source: chron, August 19, 2010;
Aban Offshore today said it has signed a contract with Cairn Energy India for deploying a jack-up rig in the Ravva block located at the … (economictimes) [mappress] Source: economictimes, August 19, 2010;
Dubai Deutsche Bank AG London Branch (DB) and Standard Chartered Bank (SCB), along with Abu Dhabi Commercial Bank ADCB, DBS Bank Ltd… [mappress] Source: zawya, August 19, 2010;
The UK’s Rockhopper remains optimistic about its drilling campaign offshore the Falkland Islands despite reporting that the 26/6-1 well… By Christopher Lenton (bnamericas) [mappress] Source: bnamericas, August 19, 2010;
The Cidade de Angra dos Reis FPSO vessel to be used by Brazil’s federal oil firm Petrobras (NYSE: PBR) on the offshore Tupi well is … By João Carvalho (bnamericas) [mappress] Source: bnamericas, August 19, 2010;
Dalian Port’s 450,000-ton crude oil terminal was put into operation on Aug. 16, and the biggest oil terminal in China is capable of unloading 19 million tons of oil per year. The port, which is built by Dalian Port (PDA) Co Ltd and China National Petroleum Corp or CNPC, brought its annual oil offloa
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced today that it has priced its follow-on public offering of 5,250,000 common units, representing limited partner interests, at $22.15 per unit. Teekay Offshore has granted the underwriters a 30-day option to purch
Shell has received consent to carry out exploration drilling on Ormen Lange using the mobile facility West Navigator. The consent relates to conducting drilling and well activities in connection with the drilling of appraisal well 6305/4-2S. The well has the following geographical coordinates: N 63°
Framing it as an issue of energy independence and national security, U.S. Senate hopeful Marco Rubio said Tuesday that offshore drilling… Kris Wernowsky (pnj) [mappress] Source: pnj, August 18, 2010;
BP has picked Wednesday as the deadline for accepting claims from people and businesses affected by the Gulf oil disaster. (cnn) [mappress] Source: cnn, August 18, 2010;
Highlights • Turnover for the half-year at US$ 1.4 billion (H1 2009: US$ 1.4 billion); • EBIT increased by 14% compared to H1 2009; • Net profit for the half-year at US$ 92.5 million (H1 2009: US$ 95.5 million) includes a non-cash US$ 21 million mark to market hedging loss; • Total order backlog at
The UMW Group announced today that a Letter of Award has been received from HESS (Indonesia-Pangkah) Limited of Jakarta, Indonesia, for the provision of UMW’s Jack-Up Drilling Rig “NAGA 2” and drilling services at a total contract value of approximately USD183.12 million. The contract shall consist
