Search results for: Suncor

264 results

A list of search results

  • 13 March 2015
    Project & Tenders

    Nexen, a subsidiary of China’s CNOOC and the operator of the Buzzard field in the UK North Sea, has informed that Buzzard has passed “a truly significant landmark by producing its 500 millionth barrel of oil.” According to the company The North Sea development which was discovered in 2001 has surpassed all expectations with its […]

  • 14 January 2013

    A new class of ultra-compact tugboat is turning heads and filling important industry niches. Originally conceived as a training vessel, the BRAtt has developed into a class of small but tough workboats. Recent developments have produced not only a very cost-effective tug for training, but an ultra-compact workboat which can operate in small ports and […]

  • 24 July 2018
    Business & Finance, Exploration & Production

    In the last three months since its previous fleet status report, offshore driller Transocean has landed new contracts and extensions but has also seen dayrates cut for several of its drillships while four floaters have been retired. 

  • 19 March 2019
    Project & Tenders

    Spirit Energy has started oil production from the Oda field located in the North Sea, offshore Norway, almost five months earlier than the original plan.

  • 26 September 2018

    Chevron has received an expression of interest from an unnamed potential buyer for its interest in the Rosebank field off the UK. 

  • 27 December 2012
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update with regard to the Romeo well and the Athena acquisition. Romeo Well Operations are continuing on the Romeo (Licence P.1666, Block 30/11c) exploration prospect (“Romeo”) (Trapoil 12.5 per cent. […]

  • 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 […]

  • 13 May 2013
    Business & Finance

    Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date. This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in line with market expectations. They have also […]

  • 13 May 2013

    Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date.  This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in line with market expectations.  The company also […]

  • 15 September 2016
    Exploration & Production

    Wintershall Norge is in the process of completing the drilling of four wells near the Vega field in the North Sea, offshore Norway. The company has made a minor oil discovery.  The four wells are located in the production license 248 F where Wintershall is the operator. The wells are wildcat well 35/11-20 S, the appraisal […]

  • 16 January 2018

    Norway is set to award 75 new production licenses in the North Sea, Norwegian Sea, and the Barents Sea to 34 companies.

  • 30 October 2015

    The oil sector is slipping into the red after years of fat profits as the steep slump in oil prices shows little sign of ending, with this quarter shaping up to be the worst since the downturn started.

  • 20 January 2015

    The Norwegian Government has today offered ownership interests in 54 new production licences in connection with the Awards in Pre-defined Areas 2014 (APA 2014). Forty-three different companies are offered ownership interests in the licensing round. “Today’s award of new exploration acreage provides new tangible exploration opportunities for the companies. Most of the exploration activity on […]

  • 15 January 2019

    Norway’s energy ministry on Tuesday offered 83 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2018 (APA 2018). Of the 83 blocks offered, Equinor won 29.

  • 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 […]

  • 8 February 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has announced details of its farm-in to the Trent East Terrace area and provide an operational update, principally in respect of certain of its planned exploration wells. Trent East Terrace Farm-in On […]

  • 16 January 2013

    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, has been awarded eight new prospective exploration licences, including three operatorships, under the 2012 Norwegian APA Licence Round on the Norwegian Continental Shelf.  Northern North Sea The Company has been […]

  • 16 January 2013
    Business & Finance, Operations & Maintenance

    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, announces that it has been awarded eight new prospective exploration licences, including three operatorships, under the 2012 Norwegian APA Licence Round on the Norwegian Continental Shelf. Northern North Sea 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 […]

  • 27 June 2007

    Total announced today that it has signed a memorandum of understanding with Venezuela’s ministry in charge of energy and petroleum to transform operating company Sincor, formed by the project partners, into a mixed company. The agreement is in line with the law of February 26, 2007, passed by presidential decree, on transforming strategic joint ventures […]

  • 8 February 2008

    After issuing a decree in November 2007 creating the Mixed Company PetroCedeño, the Venezuelan authorities issued on January 10, 2008 a decree transferring Sincor’s extra-heavy oil development operations in the Orinoco Belt to the new company. Total, state-owned PDVSA and the Venezuelan Ministry of Energy and Mines finalized today the texts stipulated in June 2007 […]

  • 29 August 2013
    Business & Finance

    Cairns will be better protected from devastating future floods, with the Newman Government announcing funding to build a Moody Creek catchment levee and detention basin. Local Government, Community Recovery and Resilience Minister David Crisafulli said the $500,000 grant would help Cairns Regional Council to build the levee and detention basin on Ramsay Drive to catch […]