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Business & Finance

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Brazil: OGX Announces Presence of Hydrocarbons in Well OGX‐20 in the Campos Basin
Business & Finance

Brazil: OGX Announces Presence of Hydrocarbons in Well OGX‐20 in the Campos Basin

OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Aptian section of well 1‐OGX‐20‐RJS, located in the BM‐C‐41 block, in the

about 16 years ago
Angola: KBR to Execute Topsides Detailed Design for TOTAL’s CLOV FPSO
Business & Finance

Angola: KBR to Execute Topsides Detailed Design for TOTAL’s CLOV FPSO

KBR announced that it has been awarded a contract to execute the topsides detailed design for TOTAL’s CLOV floating production, storage and offloading (FPSO) unit. This project is the fourth development pole in Angola’s deep offshore Block 17, after Girassol, Dalia and Pazflor. Located approximately

about 16 years ago
Lundin Norway AS Gets Drilling Permit for Well 3/8-1
Business & Finance

Lundin Norway AS Gets Drilling Permit for Well 3/8-1

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 3/8-1. Well 3/8-1 will be drilled from the Mærsk Guardian drilling facility at position 56°27’16.93’’north and 4°25’7.30”east. The drilling programme for well 3/8-1 applies to drilling of an exploration

about 16 years ago
USA: ION Expands ArcticSPAN Regional Seismic Program
Business & Finance

USA: ION Expands ArcticSPAN Regional Seismic Program

ION Geophysical Corporation announced that it has acquired 6,500 km of regional seismic data for sponsoring E&P clients in the Danmarkshavn basin offshore Northeast Greenland, adding to the 5,300 km of data the company acquired there last season. The Danmarkshavn basin is one of the least explored,

about 16 years ago
USA: WesternGeco Commences Industry’s First Dual Coil Shooting Survey
Business & Finance

USA: WesternGeco Commences Industry’s First Dual Coil Shooting Survey

WesternGeco announced today that it has begun the acquisition of the Revolution multiclient survey. Revolution marks the first time that Dual Coil Shooting* multivessel full-azimuth acquisition has been performed commercially in the industry worldwide. Located in the East Breaks and Garden Banks are

about 16 years ago
Desire Petroleum Drills Duster In North Falkland Basin
Business & Finance

Desire Petroleum Drills Duster In North Falkland Basin

Desire Petroleum plc, the oil and gas company wholly focussed on the North Falkland Basin, advises that the 14/15-1 well on the Rachel prospect has reached a total depth of 2,877 metres. Initial wireline logging shows that no hydrocarbons have been found. However a substantial thickness of sandstone

about 16 years ago
Russia: Investment Decision Preparation on Shtokman Phase 1 Meets Schedules
Business & Finance

Russia: Investment Decision Preparation on Shtokman Phase 1 Meets Schedules

Gazprom’s headquarters hosted a working meeting moderated by Alexey Miller and devoted to development of the Shtokman gas and condensate field. Participating in the meeting were heads and experts of Gazprom’s structural subdivisions, subsidiaries and Shtokman Development AG. The meeting participants

about 16 years ago
Norway: NPD Provides More Exploration Drilling Data
Business & Finance

Norway: NPD Provides More Exploration Drilling Data

Since 2001, the Norwegian Petroleum Directorate has published an extensive database from more than 1000 exploration wells on the Norwegian shelf. The WDSS (well data summary sheets) for these exploration wells on the Fact Pages contain a lot of well-related information and data that are no longer co

about 16 years ago
EMGS Awarded Shallow Water Survey in Asia Worth $2.5 Million
Business & Finance

EMGS Awarded Shallow Water Survey in Asia Worth $2.5 Million

Electromagnetic Geoservices ASA has been awarded a shallow water survey in Malaysia worth more than USD 2.5 million by a major oil company. These contract revenues will be recognised in the fourth quarter of 2010. The 3D EM survey is currently underway using the vessel BOA Galatea. About EMGS EMGS,

about 16 years ago
Australia: MEO Receives US$39 million Cash Consideration from Petrobras
Business & Finance

Australia: MEO Receives US$39 million Cash Consideration from Petrobras

MEO Australia Limited confirms receipt this afternoon of approximately US$39 million cash consideration from Petrobras in relation to the WA-360-P farm-in. The cash consideration incorporates approximately US$7.5 million of seismic related back costs, together with the first US$31.5 million cash bon

about 16 years ago
Baker Hughes Awarded Eight-Year ESP Contract in Ecuador Worth $137 million
Business & Finance

Baker Hughes Awarded Eight-Year ESP Contract in Ecuador Worth $137 million

Baker Hughes announced today it was awarded a $137-million, eight-year contract extension from Repsol for the exclusive supply and maintenance of electrical submersible pumping (ESP) systems in Ecuador’s Block 16 and Tivacuna production areas. The award covers 200 wells in which Repsol requires ESP

about 16 years ago
Brazil: Shell Launches Phase II of Parque das Conchas Project
Business & Finance

Brazil: Shell Launches Phase II of Parque das Conchas Project

Shell today announces investment to support phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil. This significant investment develops the fourth field in the BC-10 block and continues a successful wave of production growth in Shell’

about 16 years ago
The Netherlands: SBM Offshore Completes Delivery of Semi Submersible Rig LONE STAR
Business & Finance

The Netherlands: SBM Offshore Completes Delivery of Semi Submersible Rig LONE STAR

The semi submersible drilling rig “Lone Star” has been delivered and handed over to their client Queiroz Galvão Perfuraçoes S.A. offshore Abu Dhabi on 13 October 2010. The rig is the first out of a series of three semi submersible drilling rigs which the Company will supply to Brazilian clients. Del

about 16 years ago
APM Terminals Signs Monrovia Concession (Liberia)
Business & Finance

APM Terminals Signs Monrovia Concession (Liberia)

The Hague, Netherlands – APM Terminals has signed a 25‐year concession agreement for the operation of the Port of Monrovia in Liberia, having been named the preferred bidder for the port management and modernization project last March. The now formalized agreement for the port’s privatization will r

about 16 years ago
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