PetroVietnam on Hai Thach march
PETROVIETNAM is pushing forward aggressively with development of the large Hai Thach and Moc Tinh gas project off Vietnam’s south-east coast that it took over last year from supermajor BP.
Falklands gets fresh desire for drilling
IT HAS taken 12 long years, but drilling for oil is set to resume any day now off the remote, windy Falkland Islands in the South Atlantic.
US tax rollbacks to ‘hurt oil spending’
US President Barack Obama is seeking to repeal billions of dollars in tax incentives for the domestic oil and gas industry as part of the $3.8 trillion budget for 2011 he handed over to Congress this week.
Shtokman FPU holds key
A representative of the Gazprom-led Shtokman Development acknowledged this week that the company is trying to keep the weight of the floating production unit for the Shtokman gas field “under control” — one of the reasons the timeline for the development project has come under pressure.
Anadarko eyeing Lucius fast track
US independent Anadarko may be looking to fast track the development of its Lucius discovery in the deep-water Gulf of Mexico in concert with the adjacent ExxonMobil-led Hadrian find and the undrilled Phobos prospect to the south.
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Jacobs bags Hawkins field gig
Upstream staff 09 February 2010 13:04 GMTUS outfit Jacobs Engineering Group has landed a construction services contract from ExxonMobil for revamp work at the Hawkins field, Texas.
Unit cashes in on rig sale
Oklahoma-based Unit Corporation said today it has agreed to sell eight of its idle rigs for $23.9 million, resulting in profit of around $6.1 million.
Quifa riches keep stacking up
Toronto-listed Pacific Rubiales Energy has hit pay at the Quifa-6 well, drilled on the Quifa Block, in Colombia's Llanos basin.
DOF snaps up Angola deal
Aberdeen-based DOF Subsea said today it has won a £4.7 million ($) contract from Technip for charter of a light construction vessel to work on Block-31 off Angola.
Cameron income takes a tumble
US oilfield services player Cameron saw its net income slump in the fourth quarter, coming in at $97.3 million or $0.41 per diluted share.
Weak dollar buoys crude trade
Oil rose above $72 a barrel today on the back of a weaker US . dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.
Iraq keen to turn on Kurd export taps
Iraq expects to resume oil exports from its Kurdistan region "in the near future", Oil Minister Hussain Shahristani told reporters today.
Ghana lays down Jubilee law
The Ghanaian government said it has not blocked the estimated $4 billion sale of a Kosmos Energy's stake in the Jubilee oilfield to US supermajor ExxonMobil - but added it will do so if the parties do not abandon the deal, according to reports.
MIS hands over KS Endeavor keys
United Arab Emirates-based Maritime Industrial Services (MIS) has handed over the newbuild KS Endeavor jack-up rig to Petrodrill Offshore, ahead of schedule and on budget.
Fresh date for Madagascar round
Madagascar's auction of 50 blocks in its Indian Ocean play looks set to take place in October, after months of political turmoil delayed the round, a senior official said today.
Extra time for Khafji hopefuls
The Al-Khafji Joint Operations company (KJO) has extended the bidding deadline for two projects in the Neutral Zone shared by Saudi Arabia and Kuwait.
Senate may force Yar'Adua to step aside
The Nigerian Senate is set to debate a motion demanding that the country's ailing President Umaru Yar'Adua hand over power to his deputy in a bid to break months of political deadlock.
Nexen boosts Long Lake
Canadian player Nexen said today that it has pumped up output at its Long Lake bitumen production project by pushing steam production up to 105,000 barrels per day.
Norway oil output dips
Norway's oil output for January came in at a preliminary 1.99 million barrels per day, dropping slightly from December's 2 million bpd, according to Norwegian Petroleum Directorate figures released today.
Victoria cracks on at Logbaba
AIM-listed Victoria Oil & Gas has spudded the La-106 well at the Logbaba project in Cameroon.
Shell pushes on with Swedish shale
Anglo-Dutch supermajor Shell has completed drilling Sweden's first shale gas exploration well, but said it would take up to a year before the results are studied.
InterOil splashes out on new rig
InterOil has stumped up NZ$6.5 million (US$4.5 million) for a 1500 horsepower drilling rig, bundled with drilling and oilfield service equipment.
Three die in PetroChina gas leak
Three workers are dead and another three seriously hurt after a gas leak from a PetroChina-operated well in Tongnan County, near Chongqing City, provincial officials confirmed.
| BP exec warns of global gas shift |
| Hyundai lifts Goliat floater job |
| Seismic player sounds out Falklands |
| Dubai ‘finds new offshore field’ |
| Ghana lays down Jubilee law |
Specialists Needed
ConocoPhillips is an international, integrated energy company. It is the third-largest integrated energy company in the United States based on market capitalization and oil...
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Strategic Advisors
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Business Development & Commercial Manager
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Drilling Superintendent
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Vice President, Commercial
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Sheffield Offshore
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