Karoon Energy International has submitted an environmental and social impact study to Peru’s energy and mines ministry for an exploration… By David Casallas (Business News Americas) [mappress] Source:Bnamericas ,April 22,2011;
Transocean Ltd. announced today that an affiliate of BP plc on April 20, 2011 filed a cross-claim against Transocean entities in the existing Multi-District Litigation proceeding in the U.S. District Court, Eastern District of Louisiana for contribution pursuant to the Oil Pollution Act of 1990. Pur
CNOOC Limited announced today that, a malfunction occurred on the single point mooring system of the Floating, Production, Storage and Offloading (FPSO) vessel “Haiyangshiyou 102” serving in the Bohai Bay due to rough sea conditions. Operations were immediately shut down at the affected oilfields. T
China Oilfield Services Limited announces today its successful delivery of 12-Streamer Seismic Vessel “COSL 720” in Shanghai Shipyard Co. Ltd. （“Shanghai Shipyard”）, Chongming Island Base. The ceremony saw attendance of the representatives from COSL, Shanghai Shipyard and their parent companies. COS
Her Majesty the Queen has announced the award yesterday (Her Majesty’s birthday), on the advice of the Prime Minister and the associated advisory committee, which includes representatives from Government and industry. The award recognises significant business success resulting from continuous innova
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
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
BP Exploration & Production, Inc. (BP) today 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 bi
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
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
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
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
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
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
