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Statoil in 'West Qurna 2 exit talks'

09 February 2012 10:52 GMT

Statoil has reportedly informed Russian partner Lukoil that it plans to exit the West Qurna 2 oilfield project in Iraq.

JV finalises Ichthys EPC contract

10 February 2012 03:55 GMT

Houston-based KBR and its joint venture partners, JGC and Chiyoda, have finalised a contract covering engineering, procurement and construction activities on the Inpex-led Ichthys liquefied natural gas project in northern Australia.

Yme 'ring of concern' for Talisman

09 February 2012 16:15 GMT

Canadian player Talisman Energy is reported to be facing a further headache on its Yme project as a new study has revealed the problem-plagued field platform may be unable to withstand wave impacts above a certain level.

Frac boosts Olgovskoye production

09 February 2012 12:06 GMT

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.

Bam Clough wins Wheatstone work

09 February 2012 03:56 GMT

A joint venture between Australia’s Clough and Dutch company Bam International has been awarded a construction contract for the Chevron-operated Wheatstone liquefied natural gas project in Western Australia.

Thiess lands QCLNG gig

08 February 2012 06:37 GMT

Leighton Holdings subsidiary Thiess has been awarded a contract to build the gas processing facilities for the Queensland Curtis liquefied natural gas (QCLNG) project in Australia.

Bam Clough picks up Ichthys work

06 February 2012 23:52 GMT

Bam Clough has picked up an A$140 million (US$150.1 million) contract for work on Austrialia’s Ichthys liquefied natural gas facility, the company said Tuesday.

Santos records total reserves drop

08 February 2012 04:55 GMT

Santos has reported its first drop in proven and probable reserves in eight years, recorded a total hydrocarbon reserve of 1364 million barrels of oil equivalent by the end of 2011.

Octanex quits Bonaparte permits

08 February 2012 06:01 GMT

Shares in Australia-based Octanex have risen 7% on news the company would not renew two exploration permits in the Southern Bonaparte basin, off the far north coast of Western Australia.

Glitne gets new lease on life

09 February 2012 11:40 GMT

The producing life of the declining Glitne field off Norway will be extended by another three years as a result of a maintenance pact with Teekay for its floating production unit Petrojarl 1, according to partner Det Norske Oljeselskap.

Kulczyk Oil spuds M21 well in Ukraine

06 February 2012 12:35 GMT

Polish explorer Kulczyk Oil Ventures has announced the spudding of the Makeevskoye 21 well in an effort to further develop a gas-producing zone in eastern Ukraine.

 	Ghana's defender John Paintsil (R) and Ghana's midfielder Andre Ayew celebarte with national flag after their Group D first round 2010 World Cup football match on June 23, 2010 at Soccer City stadium in Soweto, suburban Johannesburg. Germany won 1-0. NO PUSH TO MOBILE / MOBILE USE SOLELY WITHIN EDITORIAL ARTICLE AFP PHOTO / GABRIEL BOUYS

Technip jumps on Jubilee work

06 February 2012 07:05 GMT

French services player Technip has been awarded two contracts for Phase 1A of Tullow Oil’s Jubilee project, off Ghana.

Gazprom 'cash restraint' on Shtokman

07 February 2012 10:18 GMT

Gazprom is tightening the purse strings on the stalled Shtokman project as it revealed a substantial cut in its investment budget for this year, according to a report.

Eni starts Keta block drilling

06 February 2012 08:57 GMT

New Solimoes find for Petrobras

03 February 2012 22:48 GMT

More bad luck for Harvest in Oman

03 February 2012 12:24 GMT

Vaca Muerta well registers progress

02 February 2012 22:45 GMT

OGX redoubles Santos Basin find

01 February 2012 11:56 GMT

Statoil 'seeks West Qurna 2 sale nod'

02 February 2012 14:38 GMT

PetroNova scores in Llanos basin

01 February 2012 17:42 GMT

Oil elusive at Ilha do Macuco

01 February 2012 14:27 GMT

Guendalina reserves hiked by 42%

01 February 2012 11:23 GMT

Treaty vows to widen Belize drilling

31 January 2012 12:07 GMT

Pacific newbuild gets to work

31 January 2012 22:25 GMT

Statoil opts for Luva giant spar

30 January 2012 14:34 GMT

Ban hit cash reserves, man-hours

31 January 2012 21:48 GMT

Treaty Energy finds oil in Belize

30 January 2012 12:17 GMT

US rig count stays flat

27 January 2012 18:36 GMT

'Reserves boost' for Snohvit

27 January 2012 09:55 GMT

Talisman in Marcellus pullback

19 January 2012 23:15 GMT

Four injured in Oklahoma blowout

25 January 2012 21:31 GMT

Ngamia well spuds in Kenya

25 January 2012 16:02 GMT
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