Crude prices slipped in Asian trade today with a key pipeline supplying oil from Canada to the US expected to resume operations soon … (business) [mappress] Source: business, September 16, 2010
KAROON Gas plans to raise capital through an institutional share placement to help fund further exploration. (theaustralian) [mappress] Source: theaustralian, September 16, 2010;
Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. Bromwich announced they will require oil and gas companies operating in the Gulf of Mexico to set permanent plugs in nearly 3,500 nonproducing wells that are currently complete
Anadarko Petroleum is seeking to cancel a drilling contract with Diamond Offshore for semisubmersible Ocean Monarch, which is under contract in the Gulf of Mexico. In its Sept. 13 filing, Anadarko said that the actions of government authorities related to an ongoing moratorium on Gulf of Mexico dril
The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced its wholly owned subsidiary, TAQA Bratani Limited has signed a Sale and Purchase Agreement relating to TOTAL’s entire equity stake of 81% in production licen
Africa would likely surpass North America and become the third largest oil producer, after the Middle East and Central/Eastern Europe … By: Chanel de Bruyn (Engineering News) [mappress] Source: Engineeringnews,September 15, 2010,
ATWOOD OCEANICS, INC., a Houston-based International Drilling Contractor, announced that the ATWOOD EAGLE (operated by our wholly-owned subsidiary Atwood Australian Waters Drilling Pty Ltd) has been awarded a six-month contract extension by Chevron Australia Pty Ltd pursuant to the existing contract
It is highly unlikely that a potential blowout off Lofoten could have a comparable blowout rate as the blowout on the Macondo prospect in the Gulf of Mexico. This is the conclusion of NPD´s comparison of petroleum-related conditions in the spill area in the Gulf of Mexico and in The Norwegian Sea, t
Getting the most from mature fields and new development frontiers in the North Sea is the focus of the Baker Hughes UK Techno Day 2010, set for September 15 at the Aberdeen Exhibition Center. The technology showcase will feature speakers from the industry as well as Baker Hughes leaders. The keynote
Electromagnetic Geoservices ASA is pleased to announce that it has been awarded a contract extension worth a minimum of USD 3 million in Asia. This contract is a continuation of the previously announced global 3D EM campaign for a major oil company, the first part of which was a survey performed in
Bowleven, the West Africa focused oil and gas exploration group listed on AIM, announced that on 14 September 2010 it commenced drilling operations on the Sapele-1 exploration well on block MLHP-5, Etinde Permit, offshore Cameroon. The targets of the Sapele-1 exploration well are a series of stacked
SBM Offshore N.V. is a new member of DJSI Europe SBM Offshore announced it has been admitted as a new member of the Dow Jones Sustainability Europe Index (DJSI). The Company started publication of a separate corporate social responsibility report in 2007 and has participated in the DJSI selection pr
Topaz Energy and Marine has announced the delivery of the deck structure for a Mobile Offshore Production Unit and storage (MOPUstor). [mappress] Source:Bairdmaritime,September 15, 2010,
Atwood Oceanics (“Atwood”), a Houston-based offshore drilling contractor, has chosen Atwood Condor as the name for its newbuild ultra-deepwater dynamically positioned (“DP”) semisubmersible. The Atwood Condor remains on track for delivery from Jurong Shipyard in Singapore by the middle of 2012. Atwo