Giants get ready to battle for Hebron
ExxonMobil has issued bid documents to South Korea’s three super fabricators to build a huge 30,000-tonne deck for its groundbreaking US$8.3 billion Hebron project off Newfoundland, Canada.
Gabrielli’s final flourish for Petrobras
Petrobras chief executive Jose Sergio Gabrielli was set to take his leave of the company this week amid a flurry of offshore contracting activity that highlighted the importance of local content and Brazilian industrial development during his tenure.
Two giants battle to win Total’s Egina floater prize
Two consortia have been left to fight it out to secure a prestigious order to provide a newbuild floating production, storage and offloading vessel for Total’s multi-billion dollar Egina project off Nigeria.
Shell pipeline audit was overdue as Gannet leaked
A KEY audit of Shell’s pipeline safety management systems was three years overdue at the time of last year’s oil spill at the North Sea Gannet field — the UK’s worst in a decade.
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'Low' rates seen on $76bn Petrobras rig deal
10 February 2012 11:42 GMTPetrobras’ monster $76 billion charter deal for 26 yet-to-be-built offshore drilling rigs may have caught the market’s eye, but some have seen the dayrates agreed as surprisingly low.
Petrobras to lease 26 rigs
10 February 2012 02:14 GMTBrazilian giant Petrobras will hire 26 offshore drilling rigs from Sete Brasil and Ocean Rig over a 15 year period.
US rig count falls by eight
10 February 2012 19:31 GMTThe number of rigs drilling for oil and gas in the US fell by eight this week to total 1989, according to data from Houston-based oilfield services giant Baker Hughes.
Analyst: State YPF would be no panacea
10 February 2012 19:19 GMTRenationalising Argentina’s YPF will not solve deep and severe structural problems with the country’s energy industry, an analyst from one of the country's top think tanks wrote Friday.
Quicksilver to take Barnett MLP public
10 February 2012 21:24 GMTDebt-laden Quicksilver Resources plans to take its master limited partnership public in a $250 million offering, to cash in on rising investor appetite for the high-yield paying corporate structure.
IEA cuts oil demand forecast to 0.8m
10 February 2012 11:05 GMTThe International Energy Agency (IEA) has cut its oil demand forecast for a sixth month in a row due to a weak global economy, predicting global oil demand will grow by less than 1% in 2012.
Giants set for Hebron slugfest
10 February 2012 16:53 GMTExxonMobil has issued bid documents to South Korea’s three super fabricators to build a huge 30,000-tonne deck for its groundbreaking US$8.3 billion Hebron project off Newfoundland, Canada.
Magnolia buys Oklahoma acreage
10 February 2012 08:55 GMTUS-focused Magnolia Petroleum has spent $230,000 to acquire a combined 439 hectares in the oil producing Mississippi Lime formation in Oklahoma, it has told the London Stock Exchange.
Repsol spuds Jaguar wildcat off Guyana
09 February 2012 18:19 GMTRepsol Exploration has spudded the Jaguar-1 wildcat on the Georgetown license offshore Guyana, a company spokesman confirmed.
Survey: Shale to drive US growth in 2012
10 February 2012 00:09 GMTUnconventional resources like shale will be the main driver of growth for the oil and gas industry in 2012 as easier access to capital will allow for faster development of these assets, according to a recent survey of 100 industry chief financial officers.
El Paso shareholders seek block on merger vote
10 February 2012 02:43 GMTEl Paso Corporation’s chief executive tainted the company's proposed $21 billion sale to rival oil pipeline company Kinder Morgan by not disclosing his personal interest in acquiring certain El Paso assets, shareholders are arguing.
Past BP incidents knocked out of trial evidence
10 February 2012 00:03 GMTBP won a preliminary bid to bar the introduction of evidence of previous accidents involving the oil company from this month’s trial over fault for the 2010 Gulf of Mexico blast and oil spill, a report said.
Petrobras profits plunge in Q4
09 February 2012 23:31 GMTPetrobras said Thursday its fourth-quarter profits were chopped in half as it struggled with the high costs of importing refined products, the slipping value of the real and high exploration costs.
Harvey Gulf orders more LNG-run supply boats
09 February 2012 21:37 GMTNew Petrobras chief confirmed
09 February 2012 22:10 GMTChesapeake hit with Pennsylvania fines
09 February 2012 19:13 GMTNew Petrobras E&P director named
09 February 2012 19:50 GMTNew Jersey moves to ban fracking
09 February 2012 21:41 GMTPDVSA revenues, borrowing, on rise
09 February 2012 18:29 GMTHercules cuts full-year loss
09 February 2012 15:20 GMTAnimal deaths reported near fracking sites
09 February 2012 17:34 GMTEncana on target at Tuscaloosa Marine
09 February 2012 16:34 GMTPrecision Drilling posts Q4 profits
09 February 2012 12:50 GMTCrimson flies in Eagle Ford
09 February 2012 17:51 GMTYme 'ring of concern' for Talisman
09 February 2012 16:15 GMTBP 'in Macondo settlement talks'
09 February 2012 09:30 GMTBuccaneer gets Alaskan exploration approval
09 February 2012 03:10 GMTGas price drop hits Noble
09 February 2012 13:46 GMTHusky triples earnings
09 February 2012 13:40 GMTSeacor offloads some spill arms
09 February 2012 03:24 GMTPetrobras adds another Santos discovery
08 February 2012 23:25 GMTSonde sells Duvernay play
09 February 2012 03:53 GMTAnalysts reject YPF nationalisation talk
09 February 2012 02:40 GMTDeloitte: Midstream ripe for investment
08 February 2012 22:05 GMTAudit: New Vaca Muerta estimate 22.8bn boe
08 February 2012 21:14 GMTPenn House passes gas-tax bill
08 February 2012 23:55 GMTChevron to try again after Orphan dusters
08 February 2012 23:02 GMTBP wins Macondo email exclusions
08 February 2012 23:20 GMTVenezuela in Russian tie-up
08 February 2012 17:17 GMTPlains plans Mississippian Lime line
08 February 2012 00:08 GMTChavez lines up $236bn Orinoco spend
08 February 2012 14:31 GMTNavajo teams up with energy scientists
08 February 2012 16:05 GMTProgress cuts spending, shuts in gas
08 February 2012 17:09 GMTTotal near plateau at Pazflor FPSO
French oil giant Total has revealed its mammoth Pazflor floater in Angola is now yielding more than 200,000 barrels per day, with its chief executive joking that the company’s burgeoning operations in the southern African state were “the Brazil of Angola”.
Tullow quits Ntorya-1 amid deepening plans
Tullow Oil has quit an exploration well in Tanzania which recently saw drilling halted, amid a suggestion the independent’s real interest in the region lies elsewhere.
Zueitina gets 25 more years in Libya
Libya has granted Zueitina Oil another 25 years in concessions to work its operated oilfields in the country which is emerging from decades of rule under late leader Muammar Gaddafi.
Frac boosts Olgovskoye production
Poland’s Kulczyk Oil Ventures has said it has successfully brought its Olgovskoye-6 well onto production in Ukraine, with flow rates of more than 1.5 million cubic feet per day of natural gas.
Chevron in Oz recruitment drive
Chevron is launching a major recruitment drive in Australia as it attempts to enlist hundreds of engineers to work on its Wheatstone and Gorgon liquefied natural gas projects in Western Australia.
| Total shifts Iraq focus to Kurdistan |
| Chevron in Oz recruitment drive |
| Halliburton, Petronas in shale deal |
| Total near plateau at Pazflor FPSO |
| Petrobras struggles with equipment shortfalls |
Business Unit Director Drilling & Well Technology
Due to the planned move of our current Director to a new position within the company, we would like to get in touch with a highly skilled and experienced person to head the...
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Crude falls as IEA cuts demand view
Crude-oil futures prices fell Friday in line with broader market declines as the International Energy Agency cut its estimates for global oil demand this year, a report said.