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”.
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.
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.
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.
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.
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.
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.
'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.
Chevron in Oz recruitment drive
10 February 2012 05:37 GMTChevron 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.
Petrobras to lease 26 rigs
10 February 2012 02:14 GMTBrazilian giant Petrobras will hire 26 offshore drilling rigs from Sete Brasil and Ocean Rig over a 15 year period.
Magnolia buys Oklahoma acreage
10 February 2012 08:55 GMTUS-focused Magnolia Petroleum has spent $230,000 to acquire a combined 439 hectares in the oil producing Mississippi Lime formation in Oklahoma, it has told the London Stock Exchange.
Beach wraps up Adelaide Energy takeover
10 February 2012 05:00 GMTAustralian independent Beach Energy has completed its takeover of compatriot Beach Energy after compulsory acquiring all of the shares it did not own in the company.
JV finalises Ichthys EPC contract
10 February 2012 03:55 GMTRepsol spuds Jaguar wildcat off Guyana
09 February 2012 18:19 GMTPast BP incidents knocked out of trial evidence
10 February 2012 00:03 GMTEl Paso shareholders seek block on merger vote
10 February 2012 02:43 GMTPetrobras profits plunge in Q4
09 February 2012 23:31 GMTNew Petrobras E&P director named
09 February 2012 19:50 GMTNew Petrobras chief confirmed
09 February 2012 22:10 GMTHarvey Gulf orders more LNG-run supply boats
09 February 2012 21:37 GMTChesapeake hit with Pennsylvania fines
09 February 2012 19:13 GMTStatoil in 'West Qurna 2 exit talks'
09 February 2012 10:52 GMTPDVSA revenues, borrowing, on rise
09 February 2012 18:29 GMTHercules cuts full-year loss
09 February 2012 15:20 GMTEncana on target at Tuscaloosa Marine
09 February 2012 16:34 GMTFPSO 'preferred' for Greater Catcher
09 February 2012 15:23 GMTCrimson flies in Eagle Ford
09 February 2012 17:51 GMTPrecision Drilling posts Q4 profits
09 February 2012 12:50 GMTGDF Suez profits slip
09 February 2012 07:32 GMTCentrica makes Fogelberg splash
09 February 2012 11:30 GMTGas price drop hits Noble
09 February 2012 13:46 GMTHusky triples earnings
09 February 2012 13:40 GMTGazprom Neft profits surge
09 February 2012 13:26 GMTBG profit up on LNG
09 February 2012 07:53 GMTVerdal workers 'stable' after fall
09 February 2012 09:41 GMTTGS eyes stellar seismic year
09 February 2012 08:37 GMTEMGS turns red ink tide
09 February 2012 09:06 GMTBam Clough wins Wheatstone work
09 February 2012 03:56 GMTProgress cuts spending, shuts in gas
08 February 2012 17:09 GMTPetrobras adds another Santos discovery
08 February 2012 23:25 GMTSonde sells Duvernay play
09 February 2012 03:53 GMTThree hurt in Kvaerner Verdal fall
08 February 2012 15:49 GMT| Total shifts Iraq focus to Kurdistan |
| Chevron in Oz recruitment drive |
| Halliburton, Petronas in shale deal |
| Petrobras struggles with equipment shortfalls |
| Total near plateau at Pazflor FPSO |
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