Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, f
McMoRan Exploration Co. updated its shallow water Gulf of Mexico exploration and development activities, including in-progress drilling at three ultra-deep prospects and two deep gas prospects and other activities. Shallow Water, Ultra-deep Exploration Activities The Blackbeard East ultra-deep explo
Noble Corporation announced that a subsidiary has received notice from Marathon Oil Company (Marathon), its customer for the ultra-deepwater semisubmersible Noble Jim Day, of Marathon’s intent to exercise its right of termination if the unit does not commence operations by December 31, 2010. As prev
AWE Limited reports that the Silvereye-1 well started drilling at 0000 hours on December 3, 2010. As at 0900 hours today, the well was at a depth of 140 metres and was circulating prior to pulling out of hole to run conductor. Silvereye-1 is an exploration well located in the offshore Bass Basin wit
Oceaneering International, Inc. announced that it has secured a contract with BHP Billiton Petroleum Pty Ltd, a subsidiary of BHP Billiton, Limited , to supply umbilicals and distribution equipment for development of the Macedon gas field off Western Australia. Oceaneering’s scope of supply is for a
Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Voser, Chief Executive Officer of Royal Dutch Shell plc, signed a protocol on strategic global cooperation. This agreement establishes basic guidelines for the companies’ broader collaboration. Amongst the opportunities the compa
Songa Venus achieved operating efficiency of 99% during the month, the rig completed its third well for Shell Development (Australia) and the rig started its last contractual well in current program for MEO Australia during the month. The rig is thereafter scheduled to commence its 2 well firm + 1 O
Petronas Gas Bhd yesterday signed a Heads of Agreement with Petroliam Nasional Berhad for the development of Liquefied Natural Gas Regasification Facilities by PGB and the subsequent provision of LNG regasification services by PGB to PETRONAS. The Project will be located in the vicinity of Sungai Ud
China Natural Gas, Inc. , a leading provider of compressed natural gas (“CNG”) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, today announced that it signed a natural gas supply agreement on November 25, 2010 with a subsidiary of China Nat
E.ON has sold the 3.5 percent stake in Gazprom held by its subsidiary E.ON Ruhrgas. E.ON reached an agreement to sell a 2.7 percent Gazprom stake to Vnesheconombank (VEB), Russia’s state-owned investment bank. The payment of the purchase price and the transfer of the stock to VEB are expected to tak
MEO Australia Limited advises that since the last progress report, Artemis-1 spudded at 00:45 hrs (Perth time) on Thursday 25th November. The 30” x 20” surface conductor was set in place and the 17-1/2” hole was drilled to 1,870m (below rotary table) at which depth the 13-3/8” intermediate casing ha
Awilco Drilling Limited is a UK based offshore drilling company owning and operating two semi submersible drilling rigs. The Company is listed on the Norwegian OTC under the ticker code AWDR. At the end of September 2010 Awilco Drilling Limited (Awilco Drilling) had one rig in operation and one rig
Valiant Petroleum plc (“Valiant” or the “Company”) provides the following update with regard to its operations during the second half of 2010 and forward work programme for 2011 and beyond. Highlights · 2010 Production at upper end of guidance, 2011 anticipated at 6,500-7,500 barrels of oil per day
Statoil has awarded the contract for the design and construction of the Åsgard subsea gas compression to Aker Solutions. The contract is worth an estimated NOK 3,4 billion. In October 2010 the Åsgard licence decided to go ahead with its concept involving gas compressors installed on the seabed, so-c
