Pemex in market for jack-up splash
MEXICO’S Pemex is looking to contract up to 10 additional jack-up rigs in an ongoing effort to direct more of its upstream budget resources offshore.
Water study of Athabasca ‘finds toxins’
There are more pollutants in the Athabasca River than government agencies are willing to admit, according to a new study determining the impact that oil sands development is having on the watershed.
GDF Suez to seek bids on Bonaparte
French energy company GDF Suez is preparing to invite leading engineering companies to bid for a crucial early engineering study on its proposed Bonaparte liquefied natural gas project in northern Australia, which is earmarked for a floating LNG vessel.
Darkhovin buy-back push
Iran is moving ahead with a local buy-back tender for the third phase of the Darkhovin oilfield development after Eni’s withdrawal from contention, and is understood to be aiming for the maximum output target of 300,000 barrels per day.
Stena Don protest labelled as illegal
The government of Greenland has condemned as illegal action by Greenpeace protestors who boarded a drilling rig, halting a $420 million oil exploration campaign by Scottish company Cairn Energy.
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Nabors on course to take over Superior
Upstream staff 09 September 2010 12:41 GMTNabors Industries today said it had tied up 92.4% of takeover target Superior Well Services' stock in its tender offer for the company's shares.
Macondo kill pushed back
BP may have to push back the final kill of the blown-out Macondo well until the middle or even the end of this month, Thad Allen said.
Bristow takes wing with $1.3bn treble
Offshore helicopter services provider Bristow has tied up a swag of contracts for work around the globe which could see it rake in more than $1.3 billion over the next 10 years.
Repsol ready for African pre-salt hunt
Spanish explorer Repsol wants to export its Brazilian pre-salt oil reserves model to Gabon, Congo, the Republic of Congo and Angola.
Tehran changes oil chain of command
The Iranian government is revamping the structure of the country’s oil industry, three decades after the creation of an Oil Ministry to preside over the National Iranian Oil Company (NIOC), with the aim now of giving the state company greater independence and possibly creating a special status for the Exploration Directorate.
KNOC stands its ground in Dana bid
Korea National Oil Corporation said it was sticking by its £1.67 billion ($2.6 billion) offer for Dana Petroleum after the UK oil company tried to squeeze out a higher bid with an independent valuation.
South Mahakam all clear
Indonesia’s upstream regulatory body BPMigas has granted France’s Total approval to proceed with the award of four contracts linked to first two phases of the South Mahakam gas and liquids development.
GDF Suez takes Dovregubben bite
Norwegian player Det Norske Oljeselskap is poised to sell a 5% slice of PL 468 to French outfit GDF Suez.
New job on horizon for Songa Saturn
Norwegian rig owner Songa Offshore said today it has lined up a new deal for the Songa Saturn drillship which has been idle in Malta since May.
WA digs heels in over regulator
The Australian government faces one of its first hurdles after its re-election as Western Australia voiced its objection to plans for a national offshore petroleum regulator.
BW seals Athena floater deal
Norwegian floating production provider BW Offshore is set to supply a unit to Ithaca Energy to be employed on the Athena oilfield off the UK in a deal that will be worth between $450 million and $500 million.
Nautical awakens Kraken
AIM-listed Nautical Petroleum is set to sidetrack the 9/02b-4 well, drilled on the Kraken heavy oil find in Block 9/2b in the central sector of the UK North Sea.
JKX spins Bulgaria bit
Eastern-European focused tight gas player Aurelian Oil & Gas said today its partner JKX has spudded the first of a two well programme in Bulgaria.
Total snaps up slice of GLNG
France's Total has agreed to buy a 20% stake in Australia's Gladstone liquefied natural gas project from Santos and Malaysia's Petronas.
Circle spuds Moroccan well
UK-based explorer Circle Oil said it had resumed its drilling operations in Morocco after work on exisiting and new access roads was completed following winter flooding.
Regal abandons Romanian wildcat
UK company Regal Petroleum is plugging and abandoning the exploration well E-1 Sagna in its Barlad licence in Romania.
UK to boost gas stash
The UK’s gas storage capacity is set to rise by 15% after the government today gave the go ahead WINGAS Storage to convert its Saltfleetby onshore gas field into an underground gas storage facility.
Oz pipeline eyes fund issue
The financing arm of Australia's Dampier to Bunbury Natural Gas Pipeline (DBNGP) is in talks with investors about the sale of at least A$200 million ($184 million) in five-year notes.
| All crew accounted for in Gulf blast |
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| Angola readies fresh bid round |
| Legal threat to UK deep-water plans |
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