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Wah Seong eyes Nigerian pipe-coater

17 March 2010 04:01 GMT

Malaysia’s Wah Seong is reportedly in talks to acquire a pipe-coating business in Nigeria to tap demand for its products amid increased exploration.

PNG clears path for Talisman

Australia listed New Guinea Energy has received the approval from the Papua New Guinea government to farm out interests in PPL 268 and PPL 269 permits to Canada’s Talisman Energy.

Seadrill's Montara to-do list 'on whiteboard'

A Seadrill executive today told the Borthwick inquiry into the Montara blowout that reliance on a "to-do" list written up on a whiteboard and a lack of expert oversight could have contributed to the blowout of the H1 well at the PTTEP-operated field in the Timor Sea.

Marcus-1 chases Queensland CBM

Australian coalbed methane player QGC, a unit of UK-based BG Group, has started drilling the Marcus-1 well on the ATP 574P permit in Queensland, project partner Victoria Petroleum said.

Reliance sets its sights on Atlas

Indian energy major Reliance Industries is seeking a joint venture with US independent Atlas Energy to develop its Marcellus Shale gas operations, according to reports.

Red Sky lines up Queensland farm-in

Australian junior Red Sky Energy said it has signed a farm-in agreement with Resolve Geo that could see it earning a stake of up to 100% in coalbed methane rights from the ATP 946 permit in Queensland.

Kea sets Wingrove-2 date

London-listed New Zealand explorer Kea Petroleum said it would spud the Wingrove-2 well on the PEP 51155 permit in the onshore Taranaki basin in the first week of April.

Spectrum bites into ASB

Olso-listed Spectrum has signed a deal to buy Australian Seismic Brokers (ASB) for $1.3 million.

Golar bins Gladstone deals

Golar LNG Energy has scrapped a number of deals for the Gladstone liquefied natural gas project in the wake of Shell and PetroChina's $3.3 billion bid to take over Arrow Energy.

Woodside wraps up Otway sale

Australia’s Woodside Petroleum said the sale of a controlling stake in the Otway gas project to Origin Energy is now complete.

Serica back in black

Oil and gas explorer Serica Energy swung to a pretax profit for the full year, helped by cost cuts, and said it started 2010 in a strong financial position.

Battle for Shwe operator begins

South Korean steelmaker Posco and retail-focused Lotte Group have submitted non-binding bids a 68% stake in Burmese Shwe gas project operator, Daewoo International.

Tanjung on Petronas roll

Malaysia’s Tanjung Offshore has clinched contracts valued at 114.6 million ringgit ($34.4 million) for two newbuild anchor handling tug supply vessels, Tanjung Dahan 1 and Tanjung 2.

Gulf Keystone cashes up

15 March 2010 09:17 GMT

Montara inquiry kicks off

15 March 2010 03:59 GMT

CNOOC Ltd woos Bridas

14 March 2010 23:43 GMT

Red Sky narrows CBM focus

12 March 2010 06:05 GMT

Russia eyes ONGC partnership

11 March 2010 13:25 GMT

A gas future beyond US

11 March 2010 02:51 GMT

TG farms in to Tindalo

11 March 2010 02:12 GMT

China lifts crude output

11 March 2010 01:37 GMT

Petronas eyes Norwegian tie-up

10 March 2010 03:17 GMT
americas

ExxonMobil-XTO buy gets regulators' OK

US supermajor ExxonMobil has received clearance from US and Dutch regulators for its $27 billion buy of US unconventional specialist XTO Energy, Exxon said in a regulatory filing today.

europe

Statoil primes $3.4bn Troll spend

Norway state-controlled Statoil will invest 20 billion Norwegian kroner ($3.41 billion) to boost oil recovery in the Troll field, also Norway's largest gas field, a senior executive at the company said today.

africa

Wah Seong eyes Nigerian pipe-coater

Malaysia’s Wah Seong is reportedly in talks to acquire a pipe-coating business in Nigeria to tap demand for its products amid increased exploration.

Middle East & North Africa

Gazprom spuds Algerian wildcat

Russian energy giant Gazprom spud its first exploration well in the Berkine basin in Algeria.

FSU & Russia

Yukos exec gets 12 years in fraud case

The former head of a production subsidiary of the defunct Russian oil company Yukos was convicted of fraud and embezzlement today and sentenced to 12 years in prison, Russian news agencies reported.

Regions

Wah Seong eyes Nigerian pipe-coater

Malaysia’s Wah Seong is reportedly in talks to acquire a pipe-coating business in Nigeria to tap demand for its products amid increased exploration.

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