Search results for: Suncor

266 results

A list of search results

  • 27 October 2011
    Business & Finance, Operations & Maintenance

    Nexen Petroleum UK Ltd., a subsidiary of Nexen Inc., announced it has received approval from the UK Department of Energy and Climate Change (DECC) to proceed with the Golden Eagle area development – a GBP 2 billion (C$3.3 billion) investment (GBP 750 million net to Nexen) that is expected to produce an estimated 140 million […]

  • 27 October 2011
    Business & Finance

    Nexen Petroleum UK Ltd., a subsidiary of Nexen Inc., announced today it has received approval from the UK Department of Energy and Climate Change (DECC) to proceed with the Golden Eagle area development – a GBP 2 billion (C$3.3 billion) investment (GBP 750 million net to Nexen) that is expected to produce an estimated 140 […]

  • 19 October 2011
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea. The well encountered net oil pay of approximately 50 metres […]

  • 15 August 2011
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce that drilling has commenced on the Butch prospect (Faroe 15%) located in the Norwegian North Sea. The Butch prospect (block 8/10) is situated in the Norwegian […]

  • 27 July 2011
    Business & Finance, Equipment

    Leading international oilfield services company Expro today announced the establishment of a new, purpose-built operating base in Newfoundland, Canada. Ground was broken on the new base in April 2011 and construction is expected to be completed in October of this year. Upon completion of construction, Expro plans to open the facility for business in November. […]

  • 17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • 17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • 6 April 2011
    Business & Finance

    The C-NLOPB is responding to criticisms made in the media recently in relation to spill reporting. The C-NLOPB received notification from Suncor on March 28 of a 26,400 litre spill of synthetic based mud (SBM) from the MODU Henry Goodrich to which Suncor, the Operator, responded immediately. The Board has commenced an investigation based on […]

  • 1 April 2011
    Business & Finance

    The C-NLOPB is responding to a report of 26,400 litres of synthetic based mud (SBM) spilled from the Henry Goodrich drilling rig on Monday, March 28, 2011. The spill was reported to the C-NLOPB by Suncor in accordance with the reporting guidelines and environmental officers are looking into the root cause of the incident. The […]

  • 11 February 2011

      Total today reported financial results for fourth-quarter and full-year 2010. Commenting on the results, Chairman and CEO Christophe de Margerie said : “Beyond the more favorable environment than the one in 2009, the increase in the 2010 results reflects the improvement in the Group’s performance, with notably production growth of more than 4% compared […]

  • 2 December 2010
    Business & Finance

    The licences include a Significant Discovery Licence (SDL) and three Exploration Licences (ELs) off the coast of Newfoundland, awarded through a land sale issue by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). “We are very pleased to learn that we have been successful in acquiring new licences offshore Newfoundland,” says Tim Dodson, senior vice […]

  • 9 September 2010
    Business & Finance

    Dana  announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement with Petro-Canada UK Limited (“Petro-Canada UK”), a wholly owned subsidiary of Suncor Energy Inc. (“Suncor”), to acquire Petro-Canada UK’s interests in certain UK assets (the “PCUK Assets”) for a cash consideration of £240 million (approximately $372 million) (the […]

  • 8 September 2010
    Business & Finance

    The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued and to be issued shares of Dana […]

  • 15 June 2010
    Business & Finance

    Dana Petroleum plc announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement to acquire the entire issued share capital of Petro Canada Netherlands BV from Petro Canada (International) Holdings B.V, a wholly owned subsidiary of Suncor Energy Inc. for an estimated net cash consideration of approximately €328 million1 […]

  • 1 June 2010
    Business & Finance

    John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc., announced that oil production has been achieved from the North Amethyst field offshore Newfoundland & Labrador. Oil began flowing from the field on May 31. North Amethyst is the first satellite field development at Husky’s White Rose project and was brought on production […]

  • 16 July 2006

    CB&I (NYSE: CBI) has been awarded a contract by Suncor Energy Services Inc. to engineer and construct process vessels for a proposed expansion of its oil sands upgrading capacity. The award is valued in excess of US$65 million. CB&I’s scope of work for the project includes the detail design, fabrication and on-site assembly of four […]