Reports have Shell in five-year deal for Stena ice-class drillship
Shell is believed to have taken a high-price Stena Drilling ice-class newbuild drillship for five years, with French Guiana on the Anglo-Dutch supermajor’s radar.
Getting crude cargoes on track
The rumble and whistle of a passing train, a symbol of civilisation and prosperity in the American West at the turn of the century, is once again echoing across the plains.
South rejects Khartoum offer to free oil cargoes
An offer by Sudan to release crude cargoes for export from the South “as a goodwill gesture” has been rebuffed by South Sudan, which is pressing on with a planned total shutdown of its oil production.
Three left standing in battle for Block B prize
US offshore builder McDermott and two South Korean rivals are battling it out for the contract to supply the main offshore production facility on Chevron’s $4.3 billion Block B gas project in Vietnam.
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NZ to launch licensing round
09 February 2012 04:08 GMTNew Zealand is preparing to launch a licensing round in mid-2012 for about two dozen offshore and onshore blocks in various basins around the country.
Bam Clough wins Wheatstone work
09 February 2012 03:56 GMTA joint venture between Australia’s Clough and Dutch company Bam International has been awarded a construction contract for the Chevron-operated Wheatstone liquefied natural gas project in Western Australia.
Beach spins Cooper bit
09 February 2012 01:52 GMTBeach Energy has spudded the third exploration well in a four well exploration program in PEL 106B on the western flank of the Cooper basin in South Australia.
ONGC profit drops in Q3
08 February 2012 10:01 GMTHigher depreciation and an increased tax bill sent profit down at India’s ONGC in the third quarter.
ONGC unearths five gas discoveries
08 February 2012 14:03 GMTONGC has toasted five new gas discoveries terming one in particular “very significant” in terms of expanding its success horizon.
Thiess lands QCLNG gig
08 February 2012 06:37 GMTLeighton Holdings subsidiary Thiess has been awarded a contract to build the gas processing facilities for the Queensland Curtis liquefied natural gas (QCLNG) project in Australia.
BHP profits slip
08 February 2012 01:51 GMTAustralian mining giant BHP Billiton saw profits slip 5.5% during the six months to 31 December despite a rise in revenue and strong performance from the petroleum sector.
Santos records total reserves drop
08 February 2012 04:55 GMTSantos has reported its first drop in proven and probable reserves in eight years, recorded a total hydrocarbon reserve of 1364 million barrels of oil equivalent by the end of 2011.
Octanex quits Bonaparte permits
08 February 2012 06:01 GMTShares in Australia-based Octanex have risen 7% on news the company would not renew two exploration permits in the Southern Bonaparte basin, off the far north coast of Western Australia.
Ekunias to build portfolio
08 February 2012 02:57 GMTMalaysian government-owned private equity fund Ekuiti Nasional, also known as Ekunias, aims to add more oil and gas companies to its investment portfolio later this year, according to reports.
Saudi Arabia considers Korea crude
08 February 2012 02:20 GMTSaudi Arabia has given South Korea an assurance that it will “actively consider” providing additional crude supplies to the major gas imported if requested.
Dart tallies international reserves
07 February 2012 08:58 GMTAustralian coalbed methane (CBM) player Dart Energy has increased its international reserves and contingent resources following recent deals with UK companies BG Group and Greenpark Resources.
Sinopec Shanghai seeks Canada appeal
07 February 2012 04:34 GMTA Chinese construction company will repeat its argument that it has no official presence in Canada as it seeks to avoid a trial over the deaths of two workers in 2007.
Toyo buys IKPT stake
07 February 2012 04:17 GMTInternational raises $35.4m
07 February 2012 03:29 GMTCoretrack to fight Strange injunction
07 February 2012 07:11 GMTCougar moves on appeal
07 February 2012 06:13 GMTBam Clough picks up Ichthys work
06 February 2012 23:52 GMTDonggi-Senoro on track
07 February 2012 02:34 GMTCNPC targets gas output rise
07 February 2012 02:38 GMTStatoil takes Indonesia deep plunge
06 February 2012 13:24 GMTAsian OSV market ‘set for next bull run’
06 February 2012 10:20 GMTMixed results for Senex with Spitfire-1
06 February 2012 05:23 GMTKNOC sells Ankor stake
06 February 2012 07:23 GMTIndian players hit with higher subsidy
06 February 2012 08:31 GMTCentral raises Surprise funds
06 February 2012 03:21 GMTPertamina output rise to fall short of target
06 February 2012 04:39 GMTSwiber secures contract wins
06 February 2012 02:07 GMTInpex net income soars
03 February 2012 07:27 GMTApache restarts post Iggy
03 February 2012 05:33 GMTChina imports to slow
03 February 2012 05:50 GMTVoser confirms PetroChina shale splash
02 February 2012 10:03 GMTCNPC, Shell JV eyes nine-rig order
02 February 2012 15:25 GMTCNOOC aims to triple production
02 February 2012 06:35 GMTL&M to restart Kaitangata drilling
02 February 2012 04:26 GMTSBM wins Ichthys contract
02 February 2012 07:19 GMTExxonMobil spins PNG bit
02 February 2012 05:53 GMTClough wins $372m Wheatstone prize
01 February 2012 23:54 GMTDuo to build Malaysian LNG terminal
02 February 2012 05:30 GMTSantos Winchester well delayed
01 February 2012 05:01 GMTBP-Reliance deal clears further hurdle
01 February 2012 11:11 GMTONGC 'in $33bn spend'
01 February 2012 11:09 GMTApache, Yara take over Burrup
01 February 2012 07:40 GMTBuccaneer gets Alaskan exploration approval
Australia’s Buccaneer Energy has been granted approval to explore for oil and gas across two offshore permits in Alaska’s Cook Inlet.
Gas leak prompts Gannet evacuation
Shell has evacuated non-essential workers from its Gannet Alpha platform after a gas leak, Upstream can reveal.
Second rig at KS Endeavor blaze site
A second rig chartered by Chevron to help with relief well drilling operations at the site of a lethal gas blowout last month has arrived on site, Upstream understands.
Iran's NIDC readies drill services tender
Toughened international sanctions against Iran are likely to be put under the spotlight as the country’s national drilling company puts out pre-qualification tenders for a trio of oil and gas services packages.
TNK-BP plans $4bn Arctic spend
Russian joint venture TNK-BP has said it plans to invest around $4 billion over the coming three years to develop Arctic oil and gas fields.
NZ to launch licensing round
New Zealand is preparing to launch a licensing round in mid-2012 for about two dozen offshore and onshore blocks in various basins around the country.
| BP lets Mad Dog off leash |
| Gas leak prompts Gannet evacuation |
| TNK-BP plans $4bn Arctic spend |
| Petrobras mulls FPSO topside proposals |
| Technip wins Petrobras flexible pipe contract |
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