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.
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 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.
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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Profits dive: Oilexco posts second quarter losses
Oilexco has reported a net loss of $27.3 million in the second quarter of 2008, compared to a net profit of $25.7 million last year, largely on the back of non-cash expenses and unrealised losses on derivative contracts. Sales for oil and gas during the quarter averaged at 20,606 barrels per day with average daily production around 17,073 bpd.
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