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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SLNG ready to add tanks
Amanda Battersby 09 February 2010 08:21 GMTSingapore LNG (SLNG) will build up to four more liquefied natural gas storage tanks at its grassroots import/export facility if third party demand warrants it.
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.
Pluto strike 'a test of labour laws'
Woodside Petroleum chief executive Don Voelte shrugged off a series of strikes at the company's Pluto liquefied natural gas project, saying they were aimed at "testing new industrial relations laws".
Linc finds oil shows in CBM wildcat
Australia-listed Linc Energy has found oil shows in the Maglia-1 coalbed methane exploration well in South Australia’s Arckaringa basin.
AGR dives in with ConocoPhillips
AGR Field Operations is getting to work for ConocoPhillips off Australia after sealing a long-term master goods and services agreement.
Browse partners pick Kimberley site
The onshore processing plant for Australia's Browse liquefied natural gas project will be built at James Price Point in Western Australia’s Kimberley region, operator Woodside Petroleum said today, ending a long dispute among the project's partners.
Pertamina may get first pickings
Jakarta is mulling over draft regulations that will grant state-owned Pertamina the first right of refusal to operating rights for oil and gas blocks when their existing contracts expire, according to local media reports.
Global Iron in Liberia oil safari
Australia-listed Global Iron said it would buy Cayman Islands-based African Petroleum, which has oil and gas interests off Liberia, in an all-stock deal valued at A$500 million (US$434 million).
CNOOC silences critics with Uganda move
China National Offshore Oil Corporation's (CNOOC) likely acquisition of Heritage Oil's Ugandan assets should silence critics concerned that the country's top offshore oil producer has been sitting on too much cash for too long, analysts claimed.
Songa Venus wins Shell work
Cyprus-based Songa Offshore has confirmed that it won a contract from supermajor Shell for the Songa Venus.
DSME profit soar on forex gains
South Korea’s third-largest shipbuilder, Daewoo Shipbuilding & Marine Engineering, posted a sharp increase in annual earnings to 578 billion won ($493 million), up from 402 billion won a year ago, on increased gains from equity ties with affiliates and foregin currency transactions.
Lamprell scores Indian platform gig
Lamprell has won a platform contract, believed to be for Oil and Natural Gas Corporation’s North Tapti project off India.
Boskalis signs Keppel for newbuild
Dutch Royal Boskalis Westminister has commissioned Keppel Singmarine to build a new fall pipe vessel dedicated for oil and gas projects.
Llanos strike for Alange
Toronto-listed Latin America player Alange Energy said the Barranquero-1 well had struck 15 feet of oil sands in the Carbonera C-7 formation in Colombia’s Llanos basin.
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 made public.
Ghana ‘blocks Jubilee sale’
The government of Ghana has blocked the estimated $4 billion sale of a stake in its Jubilee oilfield, foiling months of talks between US supermajor ExxonMobil and the stake's owner, Kosmos Energy, according to media reports.
Sonatrach probe 'all about politics'
A corruption investigation into Algeria's state energy firm is a warning signal from some in the state apparatus who believe part of the ruling elite has captured too much power, a former prime minister said.
'Yanukovich is not my president'
Yulia Tymoshenko, who narrowly lost Ukraine's presidential election, today launched court action over the result, saying she would never accept the legitimacy of winner Viktor Yanukovich as the country's president.
Ghana ‘blocks Jubilee sale’
The government of Ghana has blocked the estimated $4 billion sale of a stake in its Jubilee oilfield, foiling months of talks between US supermajor ExxonMobil and the stake's owner, Kosmos Energy, according to media reports.
| BP exec warns of global gas shift |
| Hyundai lifts Goliat floater job |
| Seismic player sounds out Falklands |
| Dubai ‘finds new offshore field’ |
| Abbas takes Petronas top job |
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