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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Analyst: State YPF would be no panacea
10 February 2012 19:19 GMTRenationalising Argentina’s YPF will not solve deep and severe structural problems with the country’s energy industry, an analyst from one of the country's top think tanks wrote Friday.
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”.
'Low' rates seen on $76bn Petrobras rig deal
10 February 2012 11:42 GMTPetrobras’ 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.
Halliburton, Petronas in shale deal
10 February 2012 20:42 GMTHalliburton and Petronas Carigali have signed a framework agreement to evaluate and develop shale resources around the world.
US rig count falls by eight
10 February 2012 19:31 GMTThe number of rigs drilling for oil and gas in the US fell by eight this week to total 1989, according to data from Houston-based oilfield services giant Baker Hughes.
Petrobras struggles with equipment shortfalls
10 February 2012 20:27 GMTPetrobras cut investment in 2011 for the first time in eight years as Brazil's state-run energy company struggled to buy the equipment, technology and services needed to carry out its $225 billion expansion plan to exploit one of the world's most promising offshore oil frontiers, a report said.
Quicksilver to take Barnett MLP public
10 February 2012 21:24 GMTDebt-laden Quicksilver Resources plans to take its master limited partnership public in a $250 million offering, to cash in on rising investor appetite for the high-yield paying corporate structure.
Total shifts Iraq focus to Kurdistan
10 February 2012 19:43 GMTFrench oil major Total has become the latest oil major to shift the focus of its Iraq ambitions toward the semi-autonomous Kurdistan region, and away from the much larger but economically challenging contracts offered by Baghdad.
Wintershall ramps up in Libya
10 February 2012 17:58 GMTWintershall, the second-largest foreign oil firm in Libya before the civil war, has boosted output in the country to three times what it was in the fall, but ageing pipeline infrastructure is limiting its production capacity, according to a report quoting the company’s chief executive.
Giants set for Hebron slugfest
10 February 2012 16:53 GMTExxonMobil 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.
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.
Hellespont PSV in Ghana assault
10 February 2012 13:36 GMTAn offshore tug attacked in waters off Ghana on Thursday has been revealed as a German-operated unit, but there remains a degree of uncertainty over where the incident took place.
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.
Tullow quits Ntorya-1 amid deepening plans
10 February 2012 14:58 GMTTullow 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.
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.
Zueitina gets 25 more years in Libya
10 February 2012 14:06 GMTLibya 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.
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.
Safety Focus
Mexico Focus
Nigerian Focus
Indonesia Focus
Brazil Focus
Industry exposed to 'extreme risk' states
10 February 2012 10:23 GMTTalisman hits Polish gas
10 February 2012 07:51 GMTTwo battle for Total’s Egina floater prize
10 February 2012 08:13 GMTSouth Sudan inks Djibouti pipeline deal
10 February 2012 08:48 GMTMagnolia buys Oklahoma acreage
10 February 2012 08:55 GMTChevron in Oz recruitment drive
10 February 2012 05:37 GMTBeach wraps up Adelaide Energy takeover
10 February 2012 05:00 GMTBrent falls on China demand worry
10 February 2012 05:09 GMTThailand plans 22 block offer
10 February 2012 05:07 GMTCobalt Cameia find above expectations
10 February 2012 07:22 GMTKuwait Energy makes it three in a row
10 February 2012 03:22 GMTOctanex kicks off third 3D shoot
10 February 2012 04:32 GMTPetrobras to lease 26 rigs
10 February 2012 02:14 GMTJV finalises Ichthys EPC contract
10 February 2012 03:55 GMTSurvey: Shale to drive US growth in 2012
10 February 2012 00:09 GMTEl Paso shareholders seek block on merger vote
10 February 2012 02:43 GMTPetrobras profits plunge in Q4
09 February 2012 23:31 GMTPast BP incidents knocked out of trial evidence
10 February 2012 00:03 GMTNew Petrobras chief confirmed
09 February 2012 22:10 GMTRepsol spuds Jaguar wildcat off Guyana
09 February 2012 18:19 GMTNew Petrobras E&P director named
09 February 2012 19:50 GMTHarvey Gulf orders more LNG-run supply boats
09 February 2012 21:37 GMTNew Jersey moves to ban fracking
09 February 2012 21:41 GMTChesapeake hit with Pennsylvania fines
09 February 2012 19:13 GMTPDVSA revenues, borrowing, on rise
09 February 2012 18:29 GMTFPSO 'preferred' for Greater Catcher
09 February 2012 15:23 GMTAnimal deaths reported near fracking sites
09 February 2012 17:34 GMTYme 'ring of concern' for Talisman
09 February 2012 16:15 GMT
Upstream Week 5
Upstream Week 4
Upstream Week 3
Upstream Week 2
| 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 |
Business Unit Director Drilling & Well Technology
Due to the planned move of our current Director to a new position within the company, we would like to get in touch with a highly skilled and experienced person to head the...
Acona
ENGINEERING MANAGER - SINGAPORE
We are looking for a person that can manage the rig design and engineering activities in our Singapore office. The ideal candidate will have naval architecture background,...
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Crude falls as IEA cuts demand view
10 February 2012 22:31 GMTCrude-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.