Search results for: $1.05B

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  • 14 April 2010
    Business & Finance

    Gulf of Mexico Apache Corp. said Monday it plans to buy Devon Energy Corp.’ s shallow-water oil and gas assets on the U.S. Gulf of Mexico Shelf for $1.05 billion US to extend its reach in that area. The deal with Apache would net Devon about $840 million after taxes, bringing the company to the […]

  • 10 September 2012
    Business & Finance

    Transocean Ltd. announced today that the company has reached definitive agreements to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. (“Shelf Drilling”) for approximately $1.05 billion. Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners. The sales price includes approximately […]

  • 21 August 2014

    Idemitsu Oil & Gas, JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil, a unit of Inpex, announced the discovery of gas and condensate at the fourth well in Blocks 05-1b and 05-1c offshore southern Vietnam. Blocks 05-1b and 05-1c are located 300 km southeast of Ho Chi Minh City. The well was spudded […]

  • 21 August 2014

    A detailed reservoir evaluation will be carried out in conjunction with further evaluation of other potential prospects in these blocks.

  • 5 June 2013

    Idemitsu Oil & Gas Co., Ltd., JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil Co., Ltd. announced a confirmation of gas and condensate at the third well in the Blocks 05-1b and 05-1c southern offshore Vietnam. The Blocks 05-1b and 05-1c are located 300 km southeast of Ho Chi Minh City. The well […]

  • 5 June 2013

    Idemitsu Oil & Gas Co., Ltd.  , JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil (Con Son) Co., Ltd.  have jointly announced a confirmation of gas and condensate at the third well in the Blocks 05-1b and 05-1c southern offshore Vietnam.  The Blocks 05-1b and 05-1c are located 300 km southeast of Ho Chi Minh City. The […]

  • 17 February 2011
    Business & Finance

      Idemitsu Oil & Gas Co., Ltd. , JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil (Con Son) Co., Ltd.  announce a discovery of oil and gas at an exploration well in the “Dai Nga” structure in the Blocks 05-1b & 05-1c southern offshore Vietnam. The Blocks 05-1b & 05-1c are located 300 […]

  • 7 September 2011
    Business & Finance, Project & Tenders

    Coastal Energy Company announces the successful results of the Bua Ban North A-05 well and provides an operations update. The Bua Ban North A-05 well was drilled to a total depth of 5,650 feet TVD. The well encountered 81 feet of gross sand and 35 feet of net pay in the Miocene reservoir with 27 […]

  • 16 August 2016
    Business & Finance

    Mitra Energy has entered into an agreement with Inpex to buy 30% interest in Blocks 05-1b and 05-1c, located offshore Vietnam.  Mitra’s subsidiary Mitra Energy (Vietnam 05-1) Pte Ltd, as buyer, and Mitra, as guarantor, have signed a definitive sale & purchase agreement (SPA) with Teikoku Oil (Con Son) Co., Ltd, a wholly-owned subsidiary of […]

  • 29 September 2017
    Exploration & Production, Project & Tenders

    Hansa Hydrocarbons and Oranje-Nassau Energie B.V. (ONE) have encountered what they say is a significant gas discovery in the North Sea.  Hansa Hydrocarbons informed on Tuesday, September 26 that the N05-1 exploration well drilled offshore Netherlands on its GEms licences, had been confirmed as a significant discovery encountering gas in the target basal Rotliegend sandstones. The […]

  • 10 November 2019
    Business & Finance

    Subsea World News has put together a recap of the most interesting articles from the previous week (November 04 – November 10). DOF Grabs Several Contracts in Trinidad and US GoM McDermott Posts Q3 Loss of $1.9B Subsea 7 Profits Fall; Expects to Bounce Back in 2020 Huisman Crane for Bokalift 2 Helix Takes Delivery […]

  • 4 December 2014

    British Columbia and the Skin Tyee First Nation and Nee Tahi Buhn Indian Band signed benefit agreements for proposed Coastal GasLink pipeline project.

  • 26 May 2010

    Cirrus Energy Corporation (TSXV: CYR) announces the following operational update regarding ongoing activities in our wholly owned subsidiary, Cirrus Energy Nederland B.V. (“Cirrus”) in The Netherlands. 2010 Drilling Programme M01-04 (Cirrus 47.5%, operator) The first well in the 2010 drilling programme, the M01-04 exploration well on the M01-Delta prospect, has been drilled to a total […]

  • 4 September 2015
    Business & Finance, Exploration & Production

    Russian oil and gas company Rosneft has hired a drilling rig owned by Japan Drilling Co., Ltd. (JDC) to drill exploration wells offshore Vietnam. Under the agreement, the Japanese driller will lease Rosneft its Hakuryu-5 semi-submersible drilling rig for two wells. The wells will be drilled in Blocks 06.1 and 05-3/11 in the Nam Con […]

  • 5 December 2013

    KrisEnergy Ltd has informed the Cua Lo 1 ST-1 exploration well in Block 105-110/04, offshore Vietnam, has reached a total depth of 2,867 metres measured depth (“MD”), or -2,800 metres total vertical depth subsea.   The operator, Eni Vietnam B.V., is currently  running wireline logs prior to undertaking a drill stem test. The Company intends to make […]

  • 3 July 2020
    Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production, Rules & Regulation

    Jadestone Energy has started arbitration proceedings against Teikoku, a subsidiary of Inpex, related to Jadestone’s acquisition of an interest in Block 05-1 PSC, offshore Vietnam.

  • 29 October 2018
    Business & Finance

    MISC Berhad received a charter deal from Idemitsu Kosan (IKC) for the provision of an FSO vessel in Vietnam. 

  • 28 August 2013

    On the 27th of August, GDF SUEZ E&P Nederland B.V. (GDF SUEZ) and EBN B.V. (EBN) finalized an acquisition of a 40% share in the L5a block in the Dutch North Sea. The L5a block is located 100 kilometres northwest of Den Helder and includes the L5a-E oil field. EBN has been partner with GDF […]

  • 6 June 2019
    Business & Finance

    Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion as the U.S. antitrust regulators have given it an approval.

  • 5 June 2014
    Business & Finance

    North Energy has signed a purchase and sale agreement with Lime Petroleum Norway AS for a share in its Norwegian Sea blocks.

  • 12 July 2016
    Business & Finance, Project & Tenders

    Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with Idemitsu on a project in Asia Pacific and marks an expansion into a key […]

  • 12 July 2016
    Business & Finance

    Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with Idemitsu on a project in Asia Pacific and marks an expansion into a key […]