CNOOC Ltd broadens horizons
CNOOC Ltd, the listed unit of China National Offshore Oil Corporation (CNOOC) is embarking on a plan that envisages increased co-operation with foreign oil companies at home and overseas as it works to meet a targeted hydrocarbon production growth rate of between 6% and 10% per annum from now until 2015.
Voser sharpens axe for Shell
Anglo-Dutch supermajor Shell plans further cost cutting and lay-offs in an effort to “sharpen” its performance and increase profits.
Oil holds as Opec steers steady ship
OIL prices were robust this week, ending on a positive note on Wednesday due to a weak US dollar and after Opec decided to keep output targets steady.
Qatar cool on LNG demand downturn
Gas superpower Qatar is not alarmed over threats to its liquefied natural gas exports from a downturn in global demand and is keeping open the option of further developing its massive North Field reserves once a self-declared ban ends in 2014, Qatari Oil Minister Abdullah al-Attiyah told Upstream.
Nisconi clean sweep at South Mahakam
Japan’s Nippon Steel is poised to land all four turnkey contracts valued at more than $200 million in total at Total’s South Mahakam gas and liquids development off Indonesia.
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Gulfsands knocks back bid
News wires 19 March 2010 04:28 GMTSyria-focused explorer Gulfsands Petroleum today rejected an unsolicited takeover approach, which a source familiar with the situation said was from an Indian company, adding the player was not Oil & Natural Gas Corporation (ONGC).
Opec opts for a rollover
Opec ministers have agreed to leave oil output targets unchanged, with an Opec delegate telling waiting reporters the decision was a "rollover".
Tehran plans $200bn oil spend
Iran is seeking $200 billion in oil, gas and refining investments over five years to avoid a production decline, the country's oil minister said today.
Shahristani eyes Tawke restart
Iraqi Oil Minister Hussain Shahristani today raised the prospect of a prompt restart of oil exports from the Tawke field in Kurdistan.
Pakistan seals peace pipe deal
Pakistan has signed a deal with Iran paving the way for the construction of the much-delayed "peace pipeline", officials said today.
'No need to boost supply'
Global oil demand will increase by about 1 million barrels per day by the second half of the year, Saudi Arabian Oil Minister Ali Naimi said today, ahead of Opec's meeting in Vienna, adding that despite this the producers' group saw no need to boost supply.
Taqa unveils $1.4bn spend
Abu Dhabi National Energy Company, the emirate’s state-run utility known as Taqa, plans to spend $1.4 billion developing assets this year and will finance investments using cash at hand, general manager Carl Sheldon said.
Gazprom spuds Algerian wildcat
Russian energy giant Gazprom spud its first exploration well in the Berkine basin in Algeria.
Algeria asks producers to cut gas output
Algeria will ask other major gas exporters to stop flooding markets with spot gas deliveries when they meet next month, Algerian energy minister Chakib Khelil said today.
Maersk finshes up al-Shaheen work
Denmark's Maersk has completed the expansion of Qatar's al-Shaheen oilfield and was expected to complete testing of the new platforms by the end of the first-quarter, the company said in statement today.
Yemen steps up security at oil installations
Yemen has stepped up security at oil and coastal facilities to prevent revenge attacks, the Interior Ministry said today, days after government strikes against suspected al Qaeda positions.
Transocean charts ExxonMobil course
US supermajor ExxonMobil has lined up the newbuild Transocean drillship Deepwater Champion for work in the Turkish sector of the Black Sea, with the five-year contract's value being pegged at up to $1.18 billion.
Kuwait's Sabah faces no confidence vote
A number of Kuwaiti lawmakers have requested a no-confidence vote against the Gulf Arab state's oil minister in his capacity as information minister, the parliament's speaker said today.
OSX raises $1.58bn as IPO fizzles
OSX Brasil raised 2.82 billion reais ($1.58 billion) in its initial public offering yesterday, less than expected and a setback to billionaire Eike Batista, who controls the start-up shipbuilding and oil services provider.
Songa files for bankruptcy
Norwegian company Songa Floating Production has filed for bankruptcy after its attempts to raise cash to service its debts failed.
Jonathan names his team
Nigeria's Acting President Goodluck Jonathan will send a list of ministerial nominees for Senate approval by early next week and is likely to reappoint around half of the Cabinet, according to reports.
'No Kovykta pay-out for TNK-BP'
TNK-BP will not be compensated for its investment at the Kovykta gas field should its licence be revoked, Natural Resources & Environment Minister Yuri Trutnev said.
Hoki repairs to take longer
Australia’s AWE said today that repair work on the semi-submersible Kan Tan IV would take longer than expected, further delaying drilling of the Hoki-1 well off New Zealand.
Songa files for bankruptcy
Norwegian company Songa Floating Production has filed for bankruptcy after its attempts to raise cash to service its debts failed.
| Dominion sells off E&P business for $3.5bn |
| Total primes Laggan-Tormore kick-off |
| Wintershall plans $4bn spend |
| Statoil in semisub hunt |
| Sevan firms Cosco for second driller |
Senior Level Exploration Staff
Our client is looking for highly motivated and highly skilled E&P professionals who can assist with increasing its export production capacity from 2.5 million bopd to...
Petro Staff
Contracts Engineer ( Drilling and Construction)
Incumbent will have high involvement with other divisions, vendors and other customers to ensure compliance with standards and regulations. Changes to services, procedures...
Sheffield Offshore
Senior Level Exploration Staff
Our client is looking for highly motivated and highly skilled E&P professionals who can assist with increasing its export production capacity from 2.5 million bopd to...
Petro Staff
Instrumentation & Control Engineer
OMV Exploration & Production
Operations Readiness Coordinator (f/m)
OMV Exploration & Production
Vice President - Development
Pearl Energy
Cost Control Manager - (m-f)
SBM Offshore
HSE Specialists (Drilling)
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Logistics & Infrastructure Supervisor
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Operations Manager
Roc Oil Company
Lead Planning Engineer
Mentor IMC Group
Technical Manager
Sheffield Offshore
Project Engineering Manager
Orion Group
Petroleum Reservoir/Simulation Engineer
Roc Oil Company
Senior Cost Engineer
Mentor IMC Group
Construction Lead
Brunel
Lead Process Engineer
Sheffield Offshore
Subsea Engineering Manager
Orion Group
Production Technologist
Roc Oil Company
Project Services Manager
Brunel
Lead Contracts and Procurement Engineer
Mentor IMC Group
Drilling Contracts Engineer
Sheffield Offshore
Schedule Engineer
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Regional Development Geologist
Roc Oil Company
Remote Sensing Specialist
Brunel
Senior Instrument Engineer - Sulphur Station
Mentor IMC Group
Drilling Completions Engineer
Sheffield Offshore
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