Noble Energy, Inc. (NYSE: NBL) announced today the highlights of its 2010 analyst meeting with senior management to be held June 3 in Houston, Texas. Â Key highlights from the meeting include: — Projected annual production growth of 10 percent compounded annually over the next five years, leading to
HitecVision, Europe’s largest equity investor focusing exclusively on the oil and gas industry, announced today that it has accepted commitments of USD 420 million for its new fund, HitecVision Asset Solutions, exceeding the original USD 320 million target. The fundraising had strong support from ex
Farstad Shipping has been awarded the following charter contracts: AHTS Lady Caroline (2003, UT 712, 13.200 BHP) has been awarded a 12 months contract for Woodside, Australia, commencing in May 2010 with 2 x 1 year options. Woodside has extended the contract for AHTS Far Strait (2006, UT 712L, 15.90
AWE Limited advises that at 0600 hours today, the Tui SW-2 well was preparing to run the BOP’s (Blow Out Preventers). This has been delayed because necessary repairs were held up by bad weather over the last week. After the BOP’s are operational, the forward plan is to drill ahead in 8-1/2” hole fro
Al Rayan Investment LLC, a wholly-owned subsidiary of Masraf Al Rayan announced a joint venture with Malaysia-based oil and gas services company, SapuraCrest Ventures Sdn Bhd, formerly known as Petro-Plus Sdn Bhd – a wholly-owned subsidiary of Sapuracrest Petroleum Berhad. Joint venture called Sapur
Primeline Energy Holdings Inc. (“Primeline” or the “Company”) today announces that it has completed the drill stem test (DST) programme for the LS 35-3-1 exploration well in Block 25/34 East China Sea and has confirmed a hydrocarbon discovery. This discovery opens up a new exploration play in the Ea
Norwegian Energy Company ASA (Noreco, OSE:NOR) has entered into a farm in agreement with Elko Energy to become a 47% owner and operator for the 02/05 license in Denmark. Elko will retain 33% of the license, while Nordsøfonden owns the remaining 20%. The 02/05 license is located on the Ringkøping Fyn
BP Norge AS (BP) has been granted expanded consent for use of the mobile facility Borgland Dolphin on the Skarv field. The original consent, given in November 2009, includes drilling of 11 production wells and an exploration well in the period from mid-December 2009 to late April 2011. On the basis
Valiant Petroleum plc (“Valiant”) announced that its planned side-track in the operated Tybalt exploration well 211/8c-4z (License P1632) has discovered light oil in the four-way dip ‘T1’ structure (the “West Tybalt” prospect). This further discovery follows the success in East Tybalt announced on 1
Ezra Holdings Limited (Ezra, the Group or 以斯拉控股), one of the world’s leading integrated support and marine services providers in the offshore oil & gas (O&G) sector, has strengthened its foothold in the African market by bagging a new contract worth up to US$80.0 million. This contract will see Ezra
Lundin Petroleum AB (“Lundin Petroleum”) will drill a new exploration well 16/1-14 in PL338. The well will target the Apollo structure, which is situated immediately to the south of the Draupne field in PL001B, and some 5 kms northwest of and down-dip from the Luno field located in PL338. The main o
Cobalt International Energy, Inc. (“Cobalt”) today announced that it had invoked the force majeure provision under the drilling contract with Diamond Offshore Company for the Ocean Monarch drilling rig. This rig was moored and ready to begin drilling operations at the location of our North Platte #1
The Bergen based company AllMaritim AS, has in co-operation with one of its main partners, NOFI Tromsø AS, entered into an agreement with BP USA for delivery of the reputable NOFI Buster technology. The systems will be implemented in the ongoing Gulf of Mexico oil spill response. In addition both co
Coastal Energy Company (the “Company” or “Coastal Energy”), an independent exploration and production company with assets in Thailand, announces the financial results for the quarter ended March 31, 2010. The functional and reporting currency of the Company is the United States dollar. First Quarter
