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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Total near plateau at Pazflor FPSO
10 February 2012 16:37 GMTFrench 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”.
Forland inks $100m subsea unit at Havyard
10 February 2012 16:36 GMTNorway’s Forland Shipping is spending over $100 million on a subsea vessel newbuild at compatriot shipbuilder Havyard Group.
Prices top up Total’s profits
10 February 2012 08:14 GMTFrench giant Total has posted a 16% rise in profits for 2011 as higher oil and gas prices boosted revenues and offset a slight dip in production.
Inspectors board leak-hit Gannet
10 February 2012 10:13 GMTSafety inspectors are now on board Shell’s Gannet Alpha platform to investigate a gas leak that led to the evacuation of 48 non-essential workers on Monday.
Talisman hits Polish gas
10 February 2012 07:51 GMTCanada’s Talisman Energy has encountered gas shows in the Rogity-1 well on the Braniewo S concession in Poland’s Baltic basin.
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.
Statoil in 'West Qurna 2 exit talks'
09 February 2012 10:52 GMTStatoil has reportedly informed Russian partner Lukoil that it plans to exit the West Qurna 2 oilfield project in Iraq.
Shell makes Albania push
09 February 2012 14:03 GMTShell has increased its footprint in Albania after snapping up a large chunk of two blocks from Petromanas Energy.
FPSO 'preferred' for Greater Catcher
09 February 2012 15:23 GMTA floating production, storage and offloading vessel is currently the preferred option for Greater Catcher, a junior partner in the UK offshore development has said.
Chapman: ‘Jackdaw well a success’
09 February 2012 13:41 GMTBG has finally struck hydrocarbons at its Jackdaw appraisal well in the North Sea which has seen a marathon drilling programme.
Centrica makes Fogelberg splash
09 February 2012 11:30 GMTCentrica Resources has bumped up its interest in a discovery off northern Norway after buying out North Energy’s share in the licence.
Norway in new Barents seismic swim
09 February 2012 14:22 GMTThe Norwegian government reportedly is looking to spend around Nkr150 million ($26 million) on fresh geological mapping farther north in a newly delimited area of the Barents Sea near the maritime border with Russia.
Lundin gets nod for Albert probe
09 February 2012 15:06 GMTLundin Norway has gained the official nod to sink a wildcat at its Albert prospect in the Norwegian Sea.
Steingeita green light for Det Norske
09 February 2012 14:48 GMTFrac boosts Olgovskoye production
09 February 2012 12:06 GMTBG profit up on LNG
09 February 2012 07:53 GMTDuco wins top UK subsea prize
09 February 2012 11:39 GMTTGS eyes stellar seismic year
09 February 2012 08:37 GMTVerdal workers 'stable' after fall
09 February 2012 09:41 GMTGlitne gets new lease on life
09 February 2012 11:40 GMTGDF Suez profits slip
09 February 2012 07:32 GMTBP 'in Macondo settlement talks'
09 February 2012 09:30 GMTEMGS turns red ink tide
09 February 2012 09:06 GMTGas leak prompts Gannet evacuation
08 February 2012 13:48 GMTKey plans Brockham shut-in
09 February 2012 04:26 GMTSillaro production lower for Po Valley
09 February 2012 05:09 GMTCameron 'to ensure good North Sea tax regime'
08 February 2012 17:39 GMTThree hurt in Kvaerner Verdal fall
08 February 2012 15:49 GMTStatoil catches new project wave
08 February 2012 15:45 GMTLundin profits on higher output
08 February 2012 07:31 GMTStatoil doubles net income
08 February 2012 08:10 GMTFleet growth boosts Bourbon
08 February 2012 08:37 GMTDNO posts ‘strong’ year-end profit
08 February 2012 08:08 GMTStork grabs $15.9m subsea bundle
08 February 2012 11:02 GMTWentworth sells plant for upstream funds
08 February 2012 09:24 GMTEMGS plans 3D survey of Barents Sea
08 February 2012 10:03 GMTRWE unveils Leiv Eiriksson deal
07 February 2012 10:43 GMTBP returns to profit in 2011
07 February 2012 07:38 GMTOcean Rig grabs three-year deal
06 February 2012 14:47 GMTIEA 'may cut oil demand further'
06 February 2012 12:12 GMTSami 'bets on' for Big Bear killing
07 February 2012 11:21 GMTTanzania well falters for Aminex
07 February 2012 09:08 GMTSeaBird in profits alert as boss quits
06 February 2012 11:14 GMT'Low' rates seen on $76bn Petrobras rig deal
Petrobras’ 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.
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 |
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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.