Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announce the results of drilling on the Anne Marie exploration prospect (Faroe Petroleum 12.5%), located offshore in
Ensco plc announces that a subsidiary of the Company has reached an agreement with Nexen Petroleum U.S.A. Inc., a subsidiary of Nexen Inc. , regarding the drilling contract for ENSCO 8502, an ultra-deepwater semisubmersible drilling rig in the U.S. Gulf of Mexico. Under the agreement, a special rate
BG Group announced the appointment of Caio Koch-Weser as a Non-Executive Director with effect from 1 November 2010. Commenting on the appointment, BG Group’s Chairman Sir Robert Wilson said: “We are delighted to announce this appointment. Caio’s wealth of experience in government affairs, internatio
GE has been awarded a $113 million contract to supply gas turbines and compressors for deployment in the CLOV offshore Angola oil and gas fields owned by Sonangol, Angola’s national oil company, and operated by Total (40 percent share), ExxonMobil, BP and Statoil. GE Oil & Gas will supply four LM250
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/148 and 28/149 development wells. The Dzheitune (Lam) B/148, the third well in a series of wells to be drilled from the Dzheitune (Lam) B platform,
ExxonMobil announced today that it has successfully drilled and tested the PTU-15 and PTU-16 development wells for the Point Thomson project on Alaska’s North Slope, ahead of the year-end 2010 target. “The successful drilling and testing of these wells represents a significant accomplishment and dem
Chevron Corporation today reported earnings of $3.77 billion ($1.87 per share – diluted) for the third quarter 2010, compared with $3.83 billion ($1.92 per share – diluted) in the 2009 third quarter. Results in the 2009 period included gains of approximately $400 million ($0.20 per share) from upstr
Awe Limited , Australian based oil and gas exploration and production company,announces quarterly report highlights (September 2010): > The workover of the Pateke-3H well in New Zealand was successfully concluded after the end of the quarter, with the well achieving better than expected initial prod
On May 22, 2010, President Obama established the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (the “Commission”) to examine the facts and circumstances to determine the cause of the Deepwater Horizon Oil Disaster, develop options for guarding against future oil spi
Lundin Petroleum AB announces that the gross Proven and Probable (2P) reserves for the Luno field have increased from 95 million barrels of oil equivalent (MMboe) to 149 MMboe. The Luno field is located in production licence PL338, offshore the Norwegian North Sea. The reserves have been re-evaluate
Woodside advises that it has entered into a Sale and Purchase Agreement to acquire a 50% participating interest in exploration permit WA-404-P, offshore Carnarvon Basin, Western Australia from Hess Exploration (Carnarvon) Pty Ltd. On completion Woodside’s participating interest in WA-404-P will beco
Polarcus Limited announced today that the Company has received two Letters of Intent for a combined minimum work program of 3,550 square kilometers offshore Southwest Africa, with the high potential for the program to expand to 5,000 square kilometers. The two separate Letters of Intent require the
AWE Limited advises that it has today entered into an Executive Services Agreement to appoint Mr Bruce Clement as its Managing Director effective February, 2011. AWE’s current Managing Director, Mr Bruce Wood, will continue to act in his current capacity until Mr Clement assumes his position to ensu
EnCore Oil announces that EnCore and its subsidiaries have been offered two licences covering six blocks and part blocks in the 26th Seaward Licensing Round. All six blocks have been offered under traditional licence terms. EnCore expects to become operator on both of the licences. The licences comp
