OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Santonian, Albian and Aptian sections of exploration well 1‐MRK‐3/4P‐RJS, which is located in the B
W&T Offshore, Inc. announced today that its Board of Directors has approved the Company’s 2011 Capital Budget of $310 million, excluding the pending acquisition of the Gulf of Mexico producing shelf property under letter of intent with Shell Offshore Inc. and other potential acquisitions. The Budget
Statoil Petroleum AS (Statoil) has received consent to carry out drilling and completion on the Alve field and well intervention on the Urd field with the mobile drilling facility West Alpha. The consent includes drilling and completion of well 6507/3-L-4 AH on the Alve field and well intervention i
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that its subsidiary Ocean Rig UDW Inc. has entered into a drilling contract for its 3rd drillship newbuilding Ocean Rig Poseidon. As part of this agreement,
Shell faces another setback in its plans to drill for offshore oil in the Arctic, this time from a federal board that sided with Alaska Native and environmental groups and kicked air quality permits back to the Environmental Protection Agency for further review. The order by the Environmental Appeal
Hardy Oil and Gas plc , the oil and gas exploration and production company focused in India, today provides an update on the drilling of the KG-D9-B3 well, the second exploratory well on the Company’s D9 (KG-DWN-2001/1) exploration licence. The well was drilled to a total depth of 3,829 m MDRT by th
Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p
Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t
Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil. At the meeting, both chairmen agreed to create working groups to analyse new business oppo
Desire Petroleum plc the company wholly focussed on the North Falkland Basin, announces that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director. Aged 50, Eddie qualified as a Chartered Accountant with Touche Ross & Co, leaving in 1988 to join Clyde Petroleum Pl
Kosmos Energy announced that John R. Kemp III has been named Chairman, and Brian F. Maxted has been promoted to President and Chief Executive Officer and made a member of the company’s Board of Directors. Maxted, along with four other partners, co-founded Kosmos Energy in late 2003. Most recently, M
Petrobras clarifies the news published by the press regarding a potential acquisition of the stakes held by ENI S.p.A. (ENI) in Galp Energia (Galp). The Company states that it is constantly analyzing investment opportunities in Brazil and abroad that are aligned with the strategies set forth in its
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipyard, won a $520 million order to build a new ultra-deepwater drillship for Diamond Offshore Drilling Ltd., a subsidiary of Diamond Offshore Drilling Inc., one of the top-class drilling contractors of USA. on January 4. The agreement
