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Business & Finance

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BP Accelerates Work to Restore Gulf of Mexico Areas Affected by Deepwater Horizon Accident (USA)
Business & Finance

BP Accelerates Work to Restore Gulf of Mexico Areas Affected by Deepwater Horizon Accident (USA)

BP Exploration & Production, Inc. (BP) announced it has signed a ground breaking agreement with federal and state agencies that will accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the Deepwater Horizon accident. The agreement commits up to $1 billion

about 15 years ago
UK: Jee Appoints New Business Development Director
Business & Finance

UK: Jee Appoints New Business Development Director

Jee, a pipeline, riser and subsea engineering and training company, announces that Alan Gray has joined the company as permanent Business Development Director, based in Aberdeen. Alan has 28 years’ experience in the oil and gas industry. This, combined with his entrepreneurial instinct, exceptional

about 15 years ago
Rosneft, Lukoil to Jointly Explore Russia’s Arctic Shelf
Business & Finance

Rosneft, Lukoil to Jointly Explore Russia’s Arctic Shelf

Rosneft President Eduard Khudainatov and Lukoil President Vagit Alekperov yesterday signed an agreement for long-term cooperation between their companies. Igor Sechin, Russia’s Deputy Prime Minister was present during the signing ceremony. Given the successful development of their mutual cooperation

about 15 years ago
Nicholls State University Christened New Research Vessel ‘Burt Wilson’ (USA)
Business & Finance

Nicholls State University Christened New Research Vessel ‘Burt Wilson’ (USA)

Nicholls State University’s new research vessel, the R.V. Burt Wilson, was ceremonially christened Wednesday, April 20, on campus. Named after Samuel Burton “Burt” Wilson III, the late Nicholls faculty member who pioneered marine biology research in the Department of Biological Sciences, the vessel

about 15 years ago
Alan Gray Joins Jee as Business Development Director (UK)
Business & Finance

Alan Gray Joins Jee as Business Development Director (UK)

Jee, a pipeline, riser and subsea engineering and training company, announces that Alan Gray has joined the company as permanent Business Development Director, based in Aberdeen. Alan has 28 years’ experience in the oil and gas industry. This, combined with his entrepreneurial instinct, exceptional

about 15 years ago
TOTAL Secures Ensco 8504 Rig for its Drilling Program Offshore Brunei
Business & Finance

TOTAL Secures Ensco 8504 Rig for its Drilling Program Offshore Brunei

Ensco plc announced today that a subsidiary of the Company has entered into a drilling contract for ENSCO 8504 with TOTAL E&P Deep Offshore Borneo B.V. Delivery from the shipyard in Singapore is planned for the end of July 2011 and the contract commencement will follow sea trials and mobilization to

about 15 years ago
Reliance Industries Makes Rich Gas Discovery in First Well Drilled in Cauvery-Palar Region (India)
Business & Finance

Reliance Industries Makes Rich Gas Discovery in First Well Drilled in Cauvery-Palar Region (India)

Reliance Industries Limited (RIL) announced a rich gas and condensate discovery in the very first well drilled in the block CY-PR-DWN-2001/3(CYPR-D6) located in deepwater Cauvery-Palar basin. The Block with an area of about 8600 sq km was awarded to RIL under the bidding round of NELP-III. RIL curre

about 15 years ago
Reliance Reports Significant Gas and Condensate Discovery Offshore India
Business & Finance

Reliance Reports Significant Gas and Condensate Discovery Offshore India

Reliance Industries Limited (RIL) announced a rich gas and condensate discovery in the very first well drilled in the block CY-PR-DWN-2001/3(CYPR-D6) located in deepwater Cauvery-Palar basin. The Block with an area of about 8600 sq km was awarded to RIL under the bidding round of NELP-III. RIL curre

about 15 years ago
Subsea Businesses Urged to Claim Credit for Fast Track Development of New Technologies (UK)
Business & Finance

Subsea Businesses Urged to Claim Credit for Fast Track Development of New Technologies (UK)

Business leaders in the UK’s subsea sector will be encouraged not to leave hundreds of millions of pounds in the pockets of the Government at a seminar hosted by Subsea UK and KPMG in Aberdeen next week (April 27 2011). Recent statistics from KPMG reveal that while investment in research and develop

about 15 years ago
Brazil: Petrobras to Lower its Gas Prices by 9.7 pct in May
Business & Finance

Brazil: Petrobras to Lower its Gas Prices by 9.7 pct in May

Against the back of recent developments in energy prices and their impact on prices stipulated in contracts for Brazilian natural gas, Petrobras has decided, at its own discretion, to the price of these contracts as of May 2011. This measure, based on studies carried out by the company’s commercial

about 15 years ago
UK: SMD Wins Prestigious Award for its ROV Design
Business & Finance

UK: SMD Wins Prestigious Award for its ROV Design

SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio

about 15 years ago
MyCelx Wins Contract to Produce Water Treatment System for Jack/St. Malo Fields (USA)
Business & Finance

MyCelx Wins Contract to Produce Water Treatment System for Jack/St. Malo Fields (USA)

MyCelx, experts in produced water treatment both onshore and offshore for discharge to very low discharge limit, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd’s Register, signed a contract with Chevron U.S.A. Inc. to design and deliver a produced water treatment system f

about 15 years ago
USA: Chevron Selects MyCelx for Jack/St. Malo Water Treatment System Delivery
Business & Finance

USA: Chevron Selects MyCelx for Jack/St. Malo Water Treatment System Delivery

MyCelx, experts in produced water treatment both onshore and offshore for discharge to very low discharge limit, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd’s Register, signed a contract with Chevron U.S.A. Inc. to design and deliver a produced water treatment system f

about 15 years ago
Brazil: Petrobras Sells its First Export Cargo of Oil from Pre-Salt Basin
Business & Finance

Brazil: Petrobras Sells its First Export Cargo of Oil from Pre-Salt Basin

Petrobras and the Chilean state-owned company Empresa Nacional de Petróleo (ENAP) have concluded an agreement for the sale of the first export cargo of oil produced in the pre-salt basin. One million barrels of oil extracted from the Lula field have been sold and are expected to be loaded in mid-May

about 15 years ago
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