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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Songa files for bankruptcy
Upstream staff 19 March 2010 03:49 GMTNorwegian company Songa Floating Production has filed for bankruptcy after its attempts to raise cash to service its debts failed.
Gulfsands knocks back bid
Syria-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).
EnQuest chief on North Sea quest
Newly installed chief of Lundin Petroleum and Petrofac’s spin-off, EnQuest, Amjad Bseisu shares his outlook on the North Sea resource hunt.
ExxonMobil offers second Banyu Urip contract
ExxonMobil has opened up for bidding the second large turnkey contract on its multi-billion-dollar Banyu Urip oil project in the Cepu block in Java, Indonesia.
Takeover talk boosts BG
UK-based BG Group's share price surged today on renewed speculation that the gas giant was the target of a takeover bid.
Albacora Leste in frame for Petrobras
Brazil’s Petrobras has started a new drilling programme in the Albacora Leste field in the latest attempt to tap pre-salt riches in the deep-water northern section of the Campos basin.
Hand takes wheel at Lamprell
UK-listed oil and gas engineering outfit Lamprell said it had appointed Chris Hand as its chief operating officer.
Kazakh workers halt strike
Workers at Kazakh producer KazMunaiGaz Exploration & Production (KMG EP) have ended a three-week strike at the OzenMunaiGaz (OMG) oil production unit, the company said today.
Market scents sharper Arrow deal
Shares of Australian coalbed methane player Arrow Energy were placed on trading halt today, stoking speculation it would announce a sweetened takeover offer from Anglo-Dutch supermajor Shell and PetroChina.
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.
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.
AGL spins off Surat pipeline
Australian downstream energy player AGL said it had sold its Berwyndale to Wallumbilla pipeline, which taps QGC’s coalbed methane fields in Queensland’s Surat basin, to APA Group for A$82.6 million (US$76 million).
Kilgore plants Clarence Moreton flag
Australian junior Kilgore Oil & Gas is to take a 51% stake in three permits in the southern Clarence Moreton basin in New South Wales with combined coalbed methane reserves in place estimated at 7.3 trillion cubic feet, the company said.
Alam lands barge supply gig
Malaysia’s Alam Maritim said it had won a 19 million ringgit ($5.7 million) deal to supply a launch barge for an unnamed offshore construction player.
Edirne gas plant ready to go
Otto Energy said the gas production plant at the Edirne licence in western Turkey had been completed and sales would start as soon as state-owned pipelines operator Botas tied in the field.
Norwest watches AWE shale foray
Australia’s Norwest Energy said it was well-placed from any discovery resulting from AWE’s move into shale gas exploration in the onshore Perth basin.
Petra boosts cash for fleet renewal
Malaysia listed offshore support vessel operator Petra Perdana said its subsidiary Intra Oil Services has secured 49 million ringgit ($14.8 million) in Islamic debt financing for the acquisition of a 169-man work boat, Petra Sovereign.
Enbridge restarts US-Canada pipe
Enbridge said it restarted its 185,000-barrel-per-day crude Line 65 from Canada to the US yesterday after stopping shipments on Wednesday due to maintenance.
| Dominion sells off E&P business for $3.5bn |
| Total primes Laggan-Tormore kick-off |
| Statoil in semisub hunt |
| Wintershall plans $4bn spend |
| 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)
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Vice President - Development
Pearl Energy
Cost Control Manager - (m-f)
SBM Offshore
HSE Specialists (Drilling)
Sheffield Offshore
Logistics & Infrastructure Supervisor
Orion Group
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
Orion Group
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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