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Husky Energy Acquires Foothills Natural Gas Properties

Husky Energy announces purchase agreement signed to acquire natural gas properties in west central Alberta, which will significantly add to the Company's production and reserves and extend the optimum utilization of its Ram River Gas Plant.
03/09/2010 More »

Mariner Energy Reports Fire Extinguished at Vermilion Platform

In a follow up to its news release issued last night, Mariner Energy, Inc. reports that the fire at its production platform on Vermilion Block 380 has been extinguished. The crew was transported to medical facilities onshore. No injuries have been reported.
03/09/2010 More »

Mariner Energy Confirms Fire at Production Platform on Vermilion Block 380 in the Gulf of Mexico

Mariner Energy, Inc. confirms that fire occurred at a production platform located on Vermilion Block 380, approximately 100 miles from the Louisiana coast. All 13 members of the crew have been evacuated and safely accounted for.
02/09/2010 More »

Nuclear The Example For Safety Culture

Senior industry figures explain to the US oil spill commission how the nuclear industry used self-regulation to transform levels of safety and performance.
02/09/2010 More »

TNK-BP Builds Up Oil and Gas Production in the Orenburg Region

Alexander Grabovsky, Vice President of TNK-BP and Director of TNK Orenburg, and Valery Batrashkin, General Director of OJSC Orenburgneft, hold press conference in Orenburg and summed up the performance of TNK-BP in the Orenburg Region in H1 2010.
02/09/2010 More »

Jacobs Receives Contract From IOT Infrastructure & Energy Services for Cavern Project

Jacobs Engineering Group receives contract from IOT Infrastructure & Energy Services Ltd. to provide engineering services for the Cavern Project to be built for Indian Strategic Petroleum Reserves Limited. The project is for the storage of crude oil in Visakhapatnam, India.
31/08/2010 More »

Wood Group Wins Contract with BP

Wood Group enters into contract with BP Operating Company Ltd to provide topside engineering and project management services for BP's Andrew Area Development project in the central North Sea.
31/08/2010 More »

Aker Solutions Awarded Marulk Tie-in to Norne in Mid Norway

Statoil award Aker Solutions Marulk tie-in to the floating production, storage and offloading vessel Norne. Project will be managed out of Aker Solutions' regional office in Trondheim.
31/08/2010 More »

Santos and Apache Development Major Boost for Western Australian Domestic Gas Supply

Santos to develop new gas supplies for the Western Australian domestic market by developing and producing gas from the Halyard field, which it owns with Apache Energy Limited.
30/08/2010 More »

Statoil Awards Bristow Norway Contract for Three New Helicopters

Statoil award Bristow Norway 10-year contract for three helicopters to fly from Flesland heliport in Bergen from 2012. Contract involves the use of three brand-new Sikorsky S92 helicopters, in addition to a new hangar and office facilities at Flesland.
30/08/2010 More »

KBR Awarded Second Contract by BP for West Nile Delta Development

KBR selected by BP to undertake the second stage of concept selection and definition for the onshore terminal and export pipelines for BP's West Nile Delta Development in Egypt.
26/08/2010 More »

TAQA Increases Equity in Flagship Bergermeer Gas Storage Project

Abu Dhabi National Energy Company PJSC (TAQA), a company listed on the Abu Dhabi Securities Exchange, announced today the signing of agreements for the transfer of a 24% stake in the Bergermeer Gas Storage project previously owned by Dyas B.V. and Petro-Canada Netherlands B.V. to TAQA for an undisclosed amount.
25/08/2010 More »

Xodus Wins FEED Study for Major Huntington Oil Field

Xodus Group win open tender for the Detailed Design of the Huntington Development, the largest oil and gas discovery in the UK Central North Sea for five years. It is expected to provide six months work for the Aberdeen and London branches of the 270-strong group.
25/08/2010 More »

Xodus Group Wins Subsea FEED Contract for Juliet Field

Aberdeen-headquartered energy consultancy Xodus Group win contract with operator GDF SUEZ E&P UK Ltd to deliver front end engineering and design study for the Juliet field in the Southern North Sea.
25/08/2010 More »

BP Deploying Advanced Unmanned Water Quality Monitoring Vehicles in Gulf of Mexico

As part of its long term monitoring and research program in the Gulf of Mexico, BP is deploying a new technology that will enable nearly constant monitoring by two satellite-controlled, unmanned vehicles.
25/08/2010 More »

Wood Group Kenny Awarded Front End Engineering Design for Jordbaer Field, Norway

Wood Group Kenny awarded Front End Engineering Design and related project management support activities for the BG Norge AS, Jordbaer field development. The proposed field development, located in the North Tampen region consists of a stand-alone FPSO with two drill centres in a water depth of approximately 410m.
25/08/2010 More »

Jacobs Receives Engineering Services Contract from IOT Infrastructure & Energy Services for Delayed Coker Unit

Jacobs Engineering Group Inc. receives contract from IOT Infrastructure & Energy Services Limited (formerly Indian Oiltanking) to provide engineering services for Indian Oil Corporation Ltd.'s Delayed Coker Unit project.
24/08/2010 More »

Statoil Continue Focus on Fast-track Developments

Statoil's four projects, PanPandora, Katla, Vigdis North-East and Gygrid are now the spearhead of Statoil's focus on fast-track developments.
24/08/2010 More »

Expro Secures 10 Subsea Contracts in its Europe CIS Region

Expro secures subsea contracts in its Europe CIS region for work in central North Sea and Norway with companies including Premier Oil and BP North Sea.
24/08/2010 More »

Kanowit Subsea Project Win for Aker Solutions

Aker Solutions, through its subsidiary in Malaysia - Aker Process Systems Asia Pacific, awarded two subsea contracts from PETRONAS Carigali Sdn Bhd. The first is a work order to supply subsea production system and services for the Kanowit field, while the second is a contract to deliver 5600 metres of subsea umbilicals that tie back the Kanowit subsea wells to the Kumang Cluster, Offshore Bintulu, Sarawak, Malaysia.
24/08/2010 More »

BP Begins Open Water Fishing Operation Following Successful Ambient Pressure Test

Forty-eight hour ambient pressure test was deemed successful. Under the guidance and approval of the National Incident Commander and Unified Area Command, BP authorized to begin open water fishing operations from the MC252 Blow Out Preventer.
21/08/2010 More »

BHP Billiton Group Announces Commencement of All Cash-Offer to Acquire PotashCorp

BHP Billiton today announced that an indirect wholly-owned subsidiary of BHP Billiton Plc, BHP Billiton Development 2 (Canada) Limited (the "Offeror"), commenced the previously announced offer (the "Offer") to acquire all of the issued and outstanding common shares of Potash Corporation of Saskatchewan Inc. ("PotashCorp") at a price of US$130 in cash per PotashCorp common share (the "Offer").
20/08/2010 More »

Dana Petroleum Statement in Response to Announcement by Korea National Oil Corporation ("KNOC")

Board of Dana notes the announcement by KNOC today of the terms of a cash offer to be made for the entire issued and to be issued ordinary share capital of Dana at 1800 pence per share and the terms of a cash offer for the Dana Convertible Bonds (the "Offers").
20/08/2010 More »

Technip and PETRONAS Subsidiaries Agree to Establish Strategic Business Collaboration

Technip agrees with Malaysia Marine and Heavy Engineering Holdings Berhad and Malaysia Marine and Heavy Engineering Sdn Bhd, subsidiaries of the Malaysia National Oil Corporation Petroliam Nasional Berhad to establish a long-term strategic collaboration.
20/08/2010 More »

FMC Technologies Receives $36 Million Call-Off from Total

FMC Technologies receive call-off order from Total Exploration & Production Angola for the manufacture and supply of additional subsea production equipment. The call-off is for one option included in an existing contract.
19/08/2010 More »

SNC-Lavalin Awarded Contract in Alberta's Oil Sands

SNC-Lavalin awarded engineering and procurement contract by Grizzly Oil Sands ULC for its new Algar Lake Steam Assisted Gravity Drainage facility located near Fort McMurray in north-eastern Alberta. Work has begun out of SNC-Lavalin's Calgary office.
19/08/2010 More »

AMEC Awarded £60m Contract by EDF Energy for Gas Storage Facility Extension

AMEC awarded contract worth over £60 million by EDF Energy to extend a gas storage facility in Cheshire. The contract, at the Hill Top Farm facility at Warmingham, will see AMEC design, install and commission the filtration and compression facilities, after-cooling, de-hydration, metering and utility equipment.
19/08/2010 More »

Halliburton Awarded Letter of Intent for Development of Majnoon Field in Iraq

Halliburton awarded letter of intent by Shell Iraq Petroleum Development B.V. for the development of the Majnoon field in Southern Iraq. Contract is still subject to final approval by appropriate Iraqi authorities.
19/08/2010 More »

BP Begins Flushing MC252 Subsea Equipment In Advance of Ambient Pressure Testing

Under guidance and approval of the Unified Area Command, BP authorized to begin flushing drilling mud and hydrocarbons from the MC252 well sealing cap and the original Deepwater Horizon Lower Marine Riser Package and Blow Out Preventer.
19/08/2010 More »

Reflex Marine Sees Demand Grow Globally for TORO Crew Transfer Capsule

Recognised experts in marine personnel transfer, Reflex Marine, meets global demand for its TORO crew transfer capsule selling 30 across offshore Asia-Pacific, Europe, North and West Africa, Australia and America.
18/08/2010 More »

President of the Federal Republic of Nigeria Jonathan Goodluck Meets with Eni CEO Paolo Scaroni

President of the Federal Republic of Nigeria, Jonathan Ebele Goodluck, met recently in Abuja with Eni CEO, Paolo Scaroni, to discuss the strategies in the Nigerian hydrocarbon sector within the current international energy environment.
17/08/2010 More »

Baird Gas Storage Project Receives Onshore Planning Consent

Baird Gas Storage Project, a joint venture between Centrica Storage (CSL) and Perenco UK, granted onshore planning permission by North Norfolk District Council.
17/08/2010 More »

What Happened to the Toxic Chemicals Released in the Piper Alpha Oil Disaster in 1988?

Document Series: BBC Radio 4: 16 August 2010:
Mike Thomson returns with Radio 4's investigative history series, examining documents which shed new light on past events. News series begins with paper trail surrounding an oil disaster - not the most recent example in the Gulf of Mexico - but one much closer to home, in the North Sea.
16/08/2010 More »

Oil & Gas UK State Greenpeace Claims of Reckless Operations Offshore in UK are Wholly Unjustified

Oil & Gas UK today refuted Greenpeace's claims that the UK oil and gas industry operates recklessly and that there should be a moratorium on deep-sea drilling in UK coastal waters.
13/08/2010 More »

BP Completes MC252 Well Pressure Test, Results Being Reviewed

BP, operating with the guidance and approval of the National Incident Commander, completed the four-hour near ambient pressure test on the MC252 well in the Gulf of Mexico.
13/08/2010 More »

Talisman Awards Fabricom Offshore Services FEED Contract for Claymore Compression Upgrade Project

Fabricom Offshore Services awarded contract by Talisman for the provision of Front End Engineering Design for the Claymore Compression Upgrade Project. Fabricom Offshore Services is a GDF SUEZ company.
13/08/2010 More »

BP Completes MC252 Well Pressure Test, Results Being Reviewed

BP, operating with the guidance and approval of the National Incident Commander, completed the four-hour near ambient pressure test on the MC252 well in the Gulf of Mexico.
13/08/2010 More »

Talisman Awards Fabricom Offshore Services FEED Contract for Claymore Compression Upgrade Project

Brunei Shell Petroleum Extends Contract with Wood Group Joint Venture

Brunei Shell Petroleum awards SKSWood, a Wood Group joint venture, two-year extension for one of the largest integrated service contracts in Asia Pacific. SKSWood has executed and managed the offshore construction and maintenance associated with approximately 200 offshore assets for BSP since 2003.
12/08/2010 More »

BP Products and OSHA Settle 270 Citations at Texas City

BP Products North America Inc. and the US Occupational Safety and Health Administration reach a settlement to resolve 270 of the 709 citations that OSHA issued to BP at its Texas City Refinery in October 2009.
12/08/2010 More »

Aker Solutions and KGNT Holding Establish Joint Venture to Target Oil and Gas Opportunities in Kazakhstan

Aker Solutions and Kazakh company KGNT Holding establish 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offshore oil and gas industry in the Kazakhstan sector of the Caspian Sea.
12/08/2010 More »

Approval Given to TNK-BP's First Kyoto Protocol Project

In July 2010, the Samotlor gas gathering project was endorsed by Sberbank's Expert Council, which gave it the highest score among the 35 projects competing for the right to sell Emission Reduction Units under the Kyoto protocol.
11/08/2010 More »

KBR SA Announces BBBEE Transaction

Kellogg Brown and Root South Africa (Proprietary) Limited enters into Broad-Based Black Economic Empowerment transaction that is another step in KBR's continuing commitment to the transformation of South Africa's economy.
10/08/2010 More »

Technip Awarded Contract for Snorre Project in Norway

Technip awarded contract by Statoil ASA, worth approximately €23 million, for the development of the Snorre field in the Norwegian North Sea. Contract will be executed by Technip's operating center in Oslo, Norway.
10/08/2010 More »

BP Forms Gulf of Mexico Oil Spill Escrow Trust

BP establishes trust and makes $3 billion initial deposit of previously-announced $20 billion escrow account to pay legitimate claims arising from the Deepwater Horizon incident and the resulting oil and gas spills.
09/08/2010 More »

McDermott Wins Work for Abu Dhabi Marine Operating Company

McDermott awarded contract to upgrade and enhance a water injection system for Abu Dhabi Marine Operating Company (ADMA-OPCO) in the Zakum field.
09/08/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
09/08/2010 More »

Oil Spill Workgroups Get Underway on Early Review of UK Practices

Oil & Gas UK, on behalf of the UK's Oil Spill Advisory Group (OSPRAG), announce awarding the contract for engineering services to assess subsea capping and containment options for the UK continental shelf to Wood Group Kenny, following the incident in the Gulf of Mexico.
05/08/2010 More »

BP Claim Payments Exceed $300 Million

BP said today it has paid $303 million in claim payments to more than 40,000 individuals and businesses impacted by the oil spill in the Gulf of Mexico.
05/08/2010 More »

BP Agrees to Sell Colombian Business to Ecopetrol and Talisman

BP agree to sell its oil and gas exploration, production and transportation business in Colombia to a consortium of Ecopetrol, Colombia's national oil company (51 per cent), and Talisman of Canada (49 per cent).
03/08/2010 More »

Jacobs Project Receives CCEMC Funding for Clean Technology Research Project

Jacobs Engineering Group Inc. announce that a project it will carry out with Suncor Energy Inc. received funding from Climate Change and Emissions Management Corporation (CCEMC) for clean technology research and development projects.
03/08/2010 More »

McDermott Becomes a Stand Alone Engineering and Construction Company Focused on Offshore Oil and Gas

McDermott International, Inc. completes spin-off of its power generation systems and government operations segments through the distribution of the shares of The Babcock & Wilcox Company to holders of McDermott common stock.
02/08/2010 More »

Acergy S.A. Awarded $220 Million Contract in Brazil

Acergy S.A. awarded new four year contract for the Acergy Condor by Petrobras in Brazil, commencing in September 2010.
02/08/2010 More »

PSN Awarded Shell Contract for Brent Field

PSN awarded contract by Shell U.K. Limited, acting on behalf of itself and Esso Exploration and Production UK Limited, for work on the Brent oil and gas field in the UK North Sea.
29/07/2010 More »

Total Claims Payments Top $256 Million

BP estimates it will pay at least $60 million in advance payments in August to claimants across the Gulf Coast who have lost income or net profit due to the oil spill in the Gulf of Mexico.
28/07/2010 More »

BP Sets Out Gulf of Mexico Costs, Further Asset Sales and Strong Operating Performance

BP announces a pre-tax charge of $32.2 billion for the Gulf of Mexico oil spill, including the $20 billion escrow compensation fund previously announced.
27/07/2010 More »

Subsea 7 Contract Award from Petrobras, Offshore Brazil

Subsea 7 through its i-Tech division awarded by Petrobras contract for provision of ROV and under water positioning survey services onboard a ROV support vessel, operating offshore Brazil.
26/07/2010 More »

Wood Group launches Thermal Moderator Tool to Melt Hydrates in Oil & Gas Flow Lines & Pipe

Wood Group launches new hydrate liquefying tool to melt ice and paraffin blockages that occur in the production pipes of oil & gas wells. The Thermal Moderator Tool (TMT), developed by Wood Group Logging Services, can be used in pipes with inside diameters as small as one inch.
22/07/2010 More »

Aker Solutions to Deliver On-vessel Mooring System to ENI Norge

Aker Solutions win contract with Eni Norge for design and supply of on-vessel Pusnes mooring systemTM for the Goliat FPSO. Contract party for Aker Solutions is Aker Pusnes AS.
22/07/2010 More »

New Oil Spill Containment System to Protect Gulf of Mexico Planned By Major Oil Companies

Plan to build and deploy rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico was announced today by Chevron, ConocoPhillips, ExxonMobil and Shell.
21/07/2010 More »

Apache to Acquire BP Assets in Permian Basin, Canada and Egypt For $7 Billion

Apache Corporation agree to acquire all of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico and Egypt's Western Desert. Apache also will acquire substantially all of BP's upstream natural gas business in western Alberta and British Columbia.
20/07/2010 More »

Eni in Azerbaijan to Discuss Compressed Natural Gas Transport

President Ilham Aliyev and other representatives of the Government of Azerbaijan met Eni CEO Paolo Scaroni in Baku. During the meeting they discussed possible come back of Eni to the upstream sector in Azerbaijan and the compressed natural gas project.
20/07/2010 More »

BP Signs Agreement with the Egyptian Ministry of Petroleum and the Egyptian General Petroleum Corporation

BP signs new agreement with Egyptian Ministry of Petroleum and Egyptian General Petroleum Corporation to develop the significant hydrocarbon resources in the North Alexandria and West Mediterranean Deepwater concessions.
19/07/2010 More »

Technip Awarded Umbilical Contract in UK North Sea

Technip's subsidiary Duco Ltd. awarded contract by BP, worth approximately €14 million, for the Andrew field development. This field is located 230 kilometers north east of Aberdeen, in the United Kingdom North Sea, at a water depth of 100-120 meters.
16/07/2010 More »

Foster Wheeler Awarded PMC Contract for ADCO's Bida Al Qemzan Oilfield Development in UAE

Foster Wheeler awarded contract by Abu Dhabi Company for Onshore Oil Operations for the provision of project management consultancy services for the development of the Bida Al Qemzan oilfield in the United Arab Emirates.
14/07/2010 More »

Aker Solutions Secures Letter of Intent for Gudrun Tie-in to Sleipner

Aker Solutions receives Letter of Intent for Sleipner Modifications Portfolio Agreement and the first project specific agreements therein; engineering, procurement, construction and installation for the Gudrun tie-in to Sleipner.
14/07/2010 More »

Foster Wheeler Awarded PMC Contract for Iraq Crude Oil Export Expansion Project

Foster Wheeler awarded project management consultancy services contract by South Oil Company for Iraq Crude Oil Export Expansion Project onshore in southern Iraq and offshore in Iraqi waters. SOC is a company under the Ministry of Oil of the Republic of Iraq.
13/07/2010 More »

AMEC Awarded Five-year Master Services Agreement and $340million Project for BP, Azerbaijan

AMEC as part of the AMEC Tekfen Azfen consortium, awarded five-year Master Services Agreement by BP Azerbaijan.
13/07/2010 More »

Aker Solutions Wins Clair Ridge Jacket EPC Contract

Clair Ridge Joint Venture has awarded Aker Solutions an EPC-contract for delivery of two steel jackets which will be located west of Shetland.
12/07/2010 More »

Petrofac Secures Major Production Enhancement Contract in Romania

Petrofac awarded its first Production Enhancement services contract by Petrom in Romania. The initial 15-year contract, which includes an option for extension by a further ten years, is effective immediately.
12/07/2010 More »

AMEC Secures Engineering and Maintenance Services Contract for Two Bluewater FPSO Vessels

AMEC signs two-year contract with Bluewater Services UK Ltd to provide engineering and maintenance services for two FPSO vessels currently leased to operators in the North Sea.
08/07/2010 More »

Gazprom Awards FMC Technologies $190 Million Subsea Equipment Contract

FMC Technologies sign agreement with Gazprom Dobycha Shelf LLC for the manufacture and supply of subsea production equipment to support the Kirinskoye field.
07/07/2010 More »

Total Signs Agreement to Acquire UTS Corporation With its 20% Interest in the Canadian Fort Hills Project

Total E&P Canada Ltd sign agreement with UTS Energy Corporation to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills mining project in the Athabasca region of the Canadian province of Alberta.
07/07/2010 More »

Maersk Tankers, HHI & DNV Joint CO2 Ship Design

Maersk Tankers, Hyundai Heavy Industries and Det Norske Veritas agree to collaborate on the design and risk assessment of tankers for shipping CO2.
05/07/2010 More »

Expro Contract Wins Worth £250 Million Across its Operations

Expro experiences period of significant activity in the North Sea, and today reveals a global order book of over £700million.
05/07/2010 More »

Cape Joint Venture with State Oil Company of Azerbaijan

Cape establish joint venture with the State Oil Company of Azerbaijan (SOCAR). The SOCAR-Cape JV, owned 51% by SOCAR and 49% by Cape, will pursue opportunities associated with the future development of the oil and gas sector in Azerbaijan.
01/07/2010 More »

Aker Solutions Awarded Inspection Services Frame Agreement

Statoil award Aker Solutions significant part of frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. Contract will be managed from Bergen while inspection engineering will be executed at Aker Solutions in Stavanger, Bergen, Mongstad and Trondheim.
01/07/2010 More »

Technip Awarded Major BP Contracts in the UK North Sea

Technip awarded by BP two significant contracts, with a combined total value in the region of £100 million (€120 million). Technip's operating center in Aberdeen, Scotland will execute these contracts.
01/07/2010 More »

Subsea 7 Confirms $75M North Sea Contract for Apache North Sea

Subsea 7 Inc confirm US $75m North Sea pipeline bundle contract award it announced on 26th April 2010 was for Apache North Sea Ltd's Bacchus Subsea Development Project in the UK sector of the North Sea.
30/06/2010 More »

Statoil Enter Into Frame Agreements Worth NOK 49 Billion

Statoil enter into frame agreements involving maintenance and modification work valued at NOK 49 billion, options included. Five companies have given their assent to the letters of intent sent by Statoil on behalf of the licence partners in question.
30/06/2010 More »

Aker Solutions Signs NOK 4.4 Billion Frame Agreement Contract with Statoil

Statoil awards Aker Solutions frame agreement for maintenance and modifications on their offshore installations Snorre A/B, Gullfaks A/B/C, Visund and Åsgard A/B in Norway. Aker Solutions M&M services will be executed from Stavanger, Bergen, and Trondheim.
30/06/2010 More »

Technip Awarded Subsea Contract in the Mediterranean Sea

Technip awarded lump sum engineering, procurement, installation and construction contract by Burullus Gas Company SAE for the West Delta Deep Marine Phase VIIIa development project.
30/06/2010 More »

Aker Solutions Secures Three-year Extension with Nexen in UK Sector

Aker Solutions secures three-year contract extension for engineering and construction work with client Nexen Petroleum UK Limited in the UK sector of the North Sea. Work under the extended contract is ongoing and will last until April 2013.
29/06/2010 More »

Petrobras Awards FMC Technologies $300 Million Subsea Manifold Frame Agreement

FMC Technologies, Inc. signs four-year subsea manifold frame agreement with Petrobras. The award is expected to result in approximately $300 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. All equipment will be engineered and manufactured at FMC's facility in Rio de Janeiro, Brazil.
28/06/2010 More »

Technip Confirms Resolution of DOJ and SEC Investigation into TSKJ Nigeria

Technip reaches final agreement with the US Department of Justice and Securities and Exchange Commission to fully resolve all potential claims arising from Technip's participation in the TSKJ joint venture between 1994 and 2004.
28/06/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
28/06/2010 More »

Prequalification of CO2 Capture Suppliers Begins at Mongstad

Gassnova and Statoil to start joint process of prequalifying potential suppliers of capture facilities for full-scale CO2 capture at Mongstad.
25/06/2010 More »

Encana and China National Petroleum Corporation Look to Jointly Develop Canadian Unconventional Natural Gas

Encana Corporation and China National Petroleum Corporation today signed a memorandum of understanding, formally called a Heads of Agreement, that outlines a framework for the two companies to negotiate a potential joint-venture investment in the development of certain lands in Encana's natural gas plays in Horn River, Greater Sierra (Jean Marie formation) and Cutbank Ridge (Montney formation) in northeast British Columbia.
24/06/2010 More »

Technip Awarded Term Agreement with BG in the North Sea

Technip awarded major four-year term agreement by BG Group for the provision of pre-FEED, FEED, full EPIC and IRM services in both the United Kingdom and Norwegian Continental Shelves.
22/06/2010 More »

Fluor Named as Program Management Consultant for ADNOC's Abu Dhabi Gas Project

Fluor Corporation named as PMC for Shah Gas Development Project by Abu Dhabi Gas Development Company Ltd., one of Abu Dhabi National Oil Company's (ADNOC) operating companies. Project will be led by Fluor's Aliso Viejo, Calif., USA, operations center along with its Abu Dhabi office.
21/06/2010 More »

Acergy and Subsea 7 Agree to Combine

Acergy S.A. and Subsea 7 Inc. today announced that their Boards of Directors have agreed to combine the two companies creating a global leader in seabed-to-surface engineering and construction.
21/06/2010 More »

Gazprom and Statoil Sign Sci-tech Cooperation Agreement

Today within the framework of the St. Petersburg International Economic Forum 2010 Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Peter Mellbye, Executive Vice President of Statoil signed an Agreement on Scientific and Technical Cooperation.
18/06/2010 More »

Aker Solutions Wins Another Subsea Contract with Noble Energy

Aker Solutions has been awarded another subsea equipment contract by leading US independent oil and gas company Noble Energy Inc.
18/06/2010 More »

Oil Spill Workgroups Get Underway on Early Review of UK Practices

The work of the UK's new Oil Spill Prevention and Response Advisory Group (OSPRAG) is now firmly underway with two of its review groups having agreed their work plans.
17/06/2010 More »

Sinochem and Statoil Sign Cooperation Agreement

The Chinese company Sinochem Group and Statoil signed today in Oslo a Memorandum of Understanding (MoU) that will foster cooperation and long term experience sharing between the two companies.
11/06/2010 More »

Subsea 7 Announces Major Pipeline Bundle Contract for BP in the North Sea

Subsea 7 awarded an engineering, procurement, installation and commissioning (EPIC) contract by BP Exploration Operating Company Ltd. for the Andrew Area Development Project in the UK sector of the North Sea.
11/06/2010 More »

PSN Awarded Noble Energy, Inc. Contract

PSN awarded multi-million dollar contract from Noble Energy, Inc., an exciting expansion opportunity set to provide jobs, services and economic support in Greeley, Colorado.
11/06/2010 More »

Subsea 7 and Otto Candies Extend IRM Capacity in the Gulf of Mexico

Subsea 7 extends its ability to provide Life-of-Field services in the Gulf of Mexico through cooperative agreement with Otto Candies, LLC to access the new-build vessel the Ross Candies.
10/06/2010 More »

Multi-million Dollar Maintenance Contract Win for PSN in Australia

PSN confirms signing multi-million dollar (USD), three year contract with Caltex Australia Ltd for the delivery of integrated maintenance services. Under the contract, PSN will provide maintenance management, mechanical and support services for Caltex at its two Australian refineries - Kurnell in Sydney and Lytton in Brisbane.
07/06/2010 More »

Acergy S.A. Awarded $120 Million Contract Offshore Nigeria

Acergy S.A. awarded contract valued at approximately $120 million, offshore Nigeria in shallow water depths. Contract includes removal of existing risers and the installation of approximately 15km of new pipelines and associated risers, together with associated diving and hook-up activities.
07/06/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
07/06/2010 More »

Shaw to Provide Louisiana Coastline with Barrier Island Construction

Shaw Group awarded contract by the state of Louisiana's Office of Coastal Protection and Restoration for overall project management and construction of barrier island temporary berms in response to the Deepwater Horizon oil spill.
04/06/2010 More »

BP Establishes $360 Million Escrow Account to Immediately Fund Approved Louisiana Barrier Islands Construction

BP today announced that is has established a $360 million escrow account to fund immediately the construction of six sections of Louisiana barrier islands approved by the U.S. government.
03/06/2010 More »

BP Agrees to Fund Construction of Six Sections of Louisiana Barrier Islands

BP today announced that it supports the U.S. government's decision to proceed with the construction of six sections of the Louisiana barrier islands proposal. The company will fund the estimated $360 million it will cost to construct the six sections.
02/06/2010 More »

BP Update on Gulf of Mexico Oil Spill

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
28/05/2010 More »

Industry Creates Advisory Group to Review UK Oil Spill Prevention and Response

Oil & Gas UK establishing advisory group to provide a focal point for the sector's review of its oil spill prevention and response practices in the UK, in advance of the conclusion of investigations into the Gulf of Mexico incident. The Oil Spill Prevention and Response Advisory Group (OSPRAG) will be chaired by Mark McAllister, chief executive of Fairfield Energy Ltd.
25/05/2010 More »

BP Launchs State-specific Response Web Sites

BP today announced the availability of four informational Web sites designed to offer state-specific oil spill information to residents of communities affected by the Deepwater Horizon oil spill in the Gulf of Mexico.
25/05/2010 More »

Transocean Ltd. Provides Details Regarding Dividend and Deepwater Horizon Incident

Transocean Ltd. today responded to erroneous reports relating to its shareholders' approval of a dividend and its intent to avoid liability arising from the Deepwater Horizon incident or to profit from such incident.
25/05/2010 More »

CB&I Awarded U.S. Gas Processing Plant in California

CB&I awarded project, valued in excess of $280 million, by Occidental of Elk Hills, Inc. for new gas processing plant at the Elk Hills oil and gas field in Central California.
25/05/2010 More »

Major Oil and Gas Event to be Held in Invergordon, Scotland

Key figures from the UK's oil sector will converge on Invergordon in Scotland next month to discuss ways to strengthen the industry's links between Aberdeen and the Highlands. The two-day networking and awareness event organised by leading energy and engineering organisation North Scotland Industries Group and will be held on June 8 and 9.
24/05/2010 More »

E.ON Ruhrgas Becomes New Shareholder in Trans Adriatic Pipeline

Statoil and EGL announce divestment of combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas.
24/05/2010 More »

J P Kenny Awarded FEED Contract for Apache's Julimar Subsea Development

J P Kenny to carry out front end engineering design for the subsea development of Apache's largest-ever gas project, the Julimar Development Project in the Carnarvon basin, offshore Western Australia.
23/05/2010 More »

Technip Awarded Subsea Contract for Kitan Field Development Project in the Timor Sea

Technip awarded contract by Eni for the Kitan field development project. This field is located in approximately 350 meters of water, in an area of the Timor Sea jointly administered by Timor-Leste and Australia, 500 kilometers off the Australian coast.
23/05/2010 More »

BP Launches Live Webcam of Riser Flow

BP today launches live webcam of riser flow following Deepwater Horizon rig incident in the Gulf of Mexico.
21/05/2010 More »

Technip Awarded Subsea Contract for the Marulk Project in Norway

Technip signs agreement with Statoil ASA for fabrication and installation of pipe-in-pipe flowline to support the Marulk field development. Statoil is carrying out parts of the Marulk development project on behalf of the operator Eni.
21/05/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
20/05/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico.
18/05/2010 More »

BP Announces Tourism Grants To Four Gulf States

BP is today announcing grants to each of the states of Florida, Alabama, Mississippi and Louisiana to help their Governors promote tourism around the shores of the Gulf of Mexico over the coming months.
18/05/2010 More »

CNOOC Ltd. Announces the Signing of Technical Service Contract for Missan Oil Fields in Iraq

CNOOC Limited announces today that, the Company, via its wholly owned subsidiary - CNOOC International Limited, together with Turkish Petroleum Corporation, signed a technical service contract for the development and production of the Missan Oil Fields within Iraq.
17/05/2010 More »

Antonio Brufau Signs the Development Agreement for the Carabobo Project

Repsol Chairman Antonio Brufau and Venezuelan President Hugo Chavez sign agreement in Caracas to create the PetroCarabobo S.A. joint venture that will develop oil reserves in Venezuela's Orinoco Oil Belt, one of the world's largest undeveloped hydrocarbon deposits.
17/05/2010 More »

Amazon Defense Coalition: Chevron, Gibson Dunn Suffer Stiff Setback on Ecuador Pollution Case

Chevron and the much-vaunted Gibson Dunn litigation team suffer severe setback in California federal court in the company's longstanding effort to evade accountability for a $27 billion environmental disaster in Ecuador's Amazon.
14/05/2010 More »

Tony Hayward, BP Group Chief Executive's Response to President Obama's Statement

Tony Hayward commented: "We absolutely understand and share President Obama's sense of urgency over the length of time this complex task is taking. We want to thank the President and his administration for their ongoing engagement in this effort".
14/05/2010 More »

Santos Awards Fluor Early Works Contract for Gladstone LNG Project in Australia

Fluor Corporation announced today that Santos has chosen Fluor Australia as the preferred contractor for engineering, procurement and construction (EPC) work on the upstream facilities component of the Gladstone Liquefied Natural Gas (GLNG) project.
13/05/2010 More »

Transocean Ltd. Affiliates File Limitation of Liability Petition

Transocean Ltd. today announced that, at the instruction of its insurers and in order to preserve insurance coverage, several of its affiliated companies have filed a petition in U.S. District Court for the Southern District of Texas, in Houston, under the federal Limitation of Shipowner's Liability Act in connection with the recent Deepwater Horizon casualty.
13/05/2010 More »

BP Update on Gulf of Mexico Oil Spill Response

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea efforts continue to focus on, firstly, progressing options to stop the flow of oil from the well through interventions via the blow out preventer (BOP) and, secondly, attempts to contain the flow of oil at source to reduce the amount spreading on the surface.
13/05/2010 More »

Close of Clough Proportional Takeover Offer - Strategic Alliance Established

Clough Limited and Forge Group Limited announce that Clough's proportional takeover offer, made through its wholly owned subsidiary Clough Operations Pty Ltd, for 50% of the ordinary shares in Forge, closed yesterday.
12/05/2010 More »

Transocean Ltd. Issues Statement of Clarification

In response to several inaccurate reports that detail Transocean's treatment of crew members immediately following the April 20, 2010 explosion aboard the Deepwater Horizon, including erroneous allegations that crew members were asked to sign "waivers," the Company would like to clarify the series of events that transpired that evening and the days after the incident.
12/05/2010 More »

SPD Signs Agreement with EnQuest PLC on Don Development

Petrofac's SPD awarded contract with EnQuest to provide well project management services in support of the Don Southwest and West Don assets. SPD will manage the operations on the Transocean semi-submersible rig John Shaw, for a minimum period of 180 days.
11/05/2010 More »

Eni CEO Paolo Scaroni Meets Turkey's Energy Minister Taner Yildiz and Russia's Deputy Prime Minister Igor Sechin in Ankara

Leaders meet in Ankara regarding development of Samsun-Ceyhan oil pipeline between Turkey's Black Sea coast and its Mediterranean coast. During the meeting, the parties reviewed the progress of the project, the entry conditions of the Russian companies Rosneft and Transfnet and fixed further steps for the next future.
11/05/2010 More »

Petrofac Awarded Five-year Contract By BHP Billiton

Petrofac confirms its Offshore Engineering & Operations business awarded five-year, multi-million pound contract by BHP Billiton. Petrofac has supported BHP Billiton's operation at Liverpool Bay since early construction and operational start-up.
07/05/2010 More »

Aker Solutions Awarded Contract for Detailed Design of Kebabangan Northern Hub Development Project

Aker Solutions selected by Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) as its contractor for the detailed engineering of the Kebabangan (KBB) Northern Hub development project located in the South China Sea, 130km offshore Sabah in East Malaysia.
06/05/2010 More »

TNK-BP and IOCOI Establish Joint Venture to Develop Fields in Iraq

TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) sign agreement to establish joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq.
06/05/2010 More »

TGS Expands Multi-Client Seismic Data Library in Europe with New Barents Sea PSDM Project

TGS launch 2,600 square kilometer 3D pre-stack depth migration (PSDM) project over the Hoop Fault Complex, offshore Norway in the Barents Sea. This will be the first multi-client project of its kind in the European region.
06/05/2010 More »

Fluor Wins Umm Lulu Offshore Feed Contract in Abu Dhabi

Fluor Offshore Solutions awarded front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located at the Umm Lulu field about 30 kilometers northwest of Abu Dhabi in the Arabian Gulf.
06/05/2010 More »

Foster Wheeler Awarded PMC Contract by ADCO for Oil Field Development in UAE

Foster Wheeler awarded project management consultancy contract by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Bab Field expansion and the development of the Qusahwira Field in the United Arab Emirates.
06/05/2010 More »

Subsea 7 Set for Further Expansion in Asia Pacific Region

Subsea 7 establish new Asia Pacific office in Kuala Lumpur, Malaysia and the appointment of 2 of its senior personnel to its Asia Pacific region. The Kuala Lumpur office will initially house 32 Subsea 7 personnel, including the Regional Management Team, with space to expand as the company positions itself for future growth in the Asia Pacific region.
05/05/2010 More »

Statoil to Deliver Gas to Canada

Statoil concludes agreement for transportation of gas through pipeline from the Northern Marcellus shale gas area in Pennsylvania to Niagara at the US-Canadian border.
05/05/2010 More »

Fluor Wins Offshore FEED Contract in Abu Dhabi

Fluor Offshore Solutions unit awarded front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located 120 kilometers off the northwest coast of Abu Dhabi City.
05/05/2010 More »

Mustang Awarded Front-end Engineering Design for Noble Energy's Belinda Project

Mustang, part of international energy services company John Wood Group PLC, selected by Noble Energy to perform front-end engineering design (FEED) for the Belinda project in Block "O", which is located in approximately 243 feet (74 meters) of water offshore Equatorial Guinea.
05/05/2010 More »

Halliburton Provides Cementing Facts Regarding Rig Incident

Halliburton confirms its continued support of, and cooperation with, the ongoing investigations into the Deepwater Horizon drilling rig incident in the Gulf of Mexico last month.
05/05/2010 More »

Gulfsands Continues to Reject Unsolicited Approach

The board of directors of Gulfsands Petroleum plc announces that, on 27 April 2010, it received a reiteration of the original proposal from Oil India Limited and Indian Oil Corporation Limited following their initial approach regarding a possible offer for the Company on 18 March 2010.
30/04/2010 More »

BP Steps Up Shoreline Protection Plans on US Gulf Coast

BP launches the next phase of its effort to contain and clean up the Gulf of Mexico oil spill, with a significant expansion of onshore preparations in case spilled oil should reach the coast.
30/04/2010 More »

Alaska Pipeline Project Begins Its Open Season

Separate but coordinated open seasons will be conducted simultaneously in Alaska and Canada. The Alaska Pipeline Project is a joint effort between TransCanada Corporation and Exxon Mobil Corporation to develop a natural gas pipeline under the Alaska Gasline Inducement Act.
29/04/2010 More »

Technip Awarded Major Flexible Pipe Supply Contract for Tupi Field in the Brazilian Pre-salt

Technip awarded contract by Petrobras in April for the infield lines of the pilot system for the Tupi field. This field is located at a water depth of 2,200 meters in the pre-salt layer of the Santos Basin, approximately 300 kilometers offshore the Brazilian coast.
29/04/2010 More »

Eni and Gazprom Meet to Discuss South Stream Development

Following talks held last Monday in Milan in the presence of Russian Prime Minister Vladimir Putin and Italian Prime Minister Silvio Berlusconi, the parties discussed the bilateral co-operation between Gazprom and Eni, focusing in particular on the South Stream project.
29/04/2010 More »

ConocoPhillips Terminating Agreement to Develop Shah Gas Field

ConocoPhillips decides to end its participation in developing the Shah Gas Field with Abu Dhabi National Oil Company (ADNOC). ConocoPhillips had considered holding a 40 percent ownership stake in the project.
29/04/2010 More »

Schlumberger Acquires GeothermEx

Schlumberger announces the acquisition of GeothermEx Inc., a California-based global provider of expert geothermal consulting services. The acquired team now operates as an integrated part of Schlumberger Geothermal Services, covering the full spectrum of resource exploration, development and production services.
28/04/2010 More »

Petrofac Acquires CO2 Storage Business

Petrofac acquires CO2DeepStore Limited (CO2DeepStore) a UK-based CO2 storage company. Established in 2007 in Aberdeen, Scotland CO2DeepStore is focussed on the CO2 geological storage sector of the carbon capture and storage (CCS) market.
27/04/2010 More »

Total Sells its Interests in the Valhall and Hod Fields to BP

Total signs agreement for the sale of its interests in the Valhall (15.72%) and Hod (25%) fields, in the Norwegian North Sea, to BP. This transaction, amounting to 991 million dollars, is subject to partners' consent and approval by relevant authorities in the upcoming weeks.
27/04/2010 More »

Transocean Ltd. Provides Deepwater Horizon Update

Transocean Ltd. today provided the following update on the Deepwater Horizon and the company's role in supporting BP Exploration & Production, Inc. and the Unified Area Command in stemming the flow of hydrocarbons from the well.
26/04/2010 More »

AMEC Takes on Key Role in Xcite's Bentley Field Development

AMEC appointed by Xcite Energy Resources Ltd (XER) to undertake consultancy work to help develop the Bentley heavy oil field situated in the North Sea, 160 kilometres east of the Shetland Isles.
26/04/2010 More »

Subsea 7 Announces $75M North Sea Contract

Subsea 7 awarded contract in the UK sector of the North Sea valued in excess of US $75 million. Subsea 7 work scope is to engineer, fabricate, install and commission a pipeline bundle consisting of production, gas lift, methanol and heating pipelines and controls umbilical.
26/04/2010 More »

Petrofac Secures New North Sea Contract with Britannia

Petrofac secures new contract with Britannia Operator Limited (BOL). The deal, worth £35 million over five years with a further five year extension option, will see Petrofac continue to provide operations and maintenance support services for Britannia's ongoing operations in the central North Sea.
26/04/2010 More »

CB&I Awarded a Redefined FEED Contract for Kashagan Full-Field Project Development in Kazakhstan

CB&I, in a joint venture with WorleyParsons and Aker Solutions, awarded updated front-end engineering and design (FEED) services contract from Shell Development Kashagan B.V. for Phase II of the full-field development of the Kashagan oil field in Kazakhstan.
26/04/2010 More »

Statement of Transocean Ltd. CEO Steven L. Newman Following U.S. Coast Guard Announcement

Following the suspension of U.S. Coast Guard search-and-rescue efforts to find 11 missing persons in the U.S. Gulf of Mexico, Steven L. Newman, President and Chief Executive Officer of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), on the ground in New Orleans, expressed his deepest sympathies on behalf of the company to the family members of those lost.
23/04/2010 More »

Statoil Launch New Technology Plan to Help Reduce Carbon Emissions from Oil Sands

Statoil plan to develop its oil sands activities step-by-step. The initial five-year phase will be the start-up and operation of a demonstration pilot facility.
23/04/2010 More »

Statoil Plan Turnarounds on Several Oil and Gas Fields in 2010

Statoil plan to carry out turnarounds on several oil and gas fields in 2010. Most of them will take place in August and September. Statoil also aims to make improvements to expand the interval between the turnarounds.
23/04/2010 More »

Aker Solutions Secures Extension with Mærsk in UK Sector

Aker Solutions secures one year contract extension for maintenance, modifications and operations work with Mærsk Oil North Sea Limited in the UK sector of the North Sea. Aker Solution's scope of work for Mærsk involves engineering and construction support on the installations Janice, GPIII and Gryphon.
23/04/2010 More »

FMC Technologies Signs Multi-Year Frame Agreement With BG Norge

FMC Technologies signs multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions.
23/04/2010 More »

Technip Awarded Framework Contract for Flexible Pipe Supply in Norway

Technip awarded by Statoil ASA a three-year framework contract for the design, fabrication and supply of flexible pipe products for projects in Norway. The framework contract will be executed by the Group's operating center in Oslo, Norway. It covers the supply of flexible risers, flowlines and associated equipment.
22/04/2010 More »

Transocean Ltd. Provides Update on Semisubmersible Drilling Rig Deepwater Horizon

Transocean provided an update today regarding a fire and explosion onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010 at approximately 10:00 p.m. central time in the United States Gulf of Mexico.
22/04/2010 More »

WorleyParson Awarded Redefined FEED Contract Award for Kashagan Full-Field Project Development in Kazakhstan

WorleyParsons, in joint venture with CB&I and Aker Solutions, awarded an updated front-end engineering and design (FEED) services contract from Shell Development Kashagan B.V. (SDK) for Phase II of the full-field development of the Kashagan oil field in Kazakhstan.
20/04/2010 More »

Aker Solutions to Supply MEG Reclamation Unit to Noble Energy

Aker Solutions signs contract to deliver a complete mono ethylene glycol (MEG) reclamation unit to leading US independent oil and gas company Noble Energy Inc. Aker Solutions' contract party is Aker Process Systems AS.
20/04/2010 More »

Expro's New India Base Shows Commitment to Market

Expro announces the official opening of its new service centre in Kakinada, India. The 2.5 acre base, which houses office, workshop and maintenance premises, means Expro can locally deliver well testing, subsea services and support to the growing regional market.
20/04/2010 More »

Amazon Defense Coalition: Chevron Whistleblower Reveals Evidence Tampering in Ecuador, but Oil Giant Ignores It

Chevron is ignoring explosive charges that it tampered with crucial scientific evidence and intentionally misled the court in the Aguinda v ChevronTexaco environmental trial in Ecuador, representatives of the plaintiffs say.
20/04/2010 More »

Grounded Helicopters Lead to Focus on Marine Alternatives

Expert in marine personnel transfer Reflex Marine experience a significant upturn in activity following the grounding of several helicopter flights to North Sea oil and gas platforms in the wake of the Iceland volcano. The continuing disruption to aviation services in Europe is having a major impact on offshore operators.
20/04/2010 More »

Jacobs (in Joint Venture) Receives Contract Extension from Shell ONEgas for Long-Term Services Program in the North Sea

Jacobs Engineering Group Inc. receives three-year extension to existing 200 million euros per year Integrated Services Contract for Shell ONEgas Southern North Sea Asset Base.
19/04/2010 More »

AMEC Joint Venture Secures Shell ONEgas Contract Extension

AMEC and its joint venture partners secure three-year extension worth €200 million per year for the Integrated Services Contract (ISC) for the assets known as Shell ONEgas Southern North Sea (SNS).
19/04/2010 More »

Petrobras Signs Cooperation Agreement with China

Petrobras announces signing a Strategic Cooperation Agreement with China Petrochemical Cooperation (SINOPEC) and China Development Bank Corporation (CDB) aimed at assessing mutually beneficial opportunities on the areas of cooperation.
19/04/2010 More »

Cape Awarded Contract Extension with Heerema Marine Contractors

Cape UK awarded contract extension by Heerema Marine Contractors, part of the Heerema Group, worth in excess of £2.5m. Under the terms of the contract extension Cape will continue to provide Heerema with Scaffolding Services throughout 2010.
19/04/2010 More »

ConocoPhillips E-Gas™ Technology Selected for POSCO Gasification Project

ConocoPhillips (NYSE:COP) today announced completion of an agreement with POSCO, a Korean steel manufacturing company, to use ConocoPhillips' E-Gas™ Technology in POSCO's Gwangyang coal-to-substitute natural gas (SNG) project.
14/04/2010 More »

Subsea 7 Announces Contract Award by BP in Gulf of Mexico

Subsea 7 Inc awarded installation contract by BP for the Galapagos and Nakika Phase 3 developments in the Gulf of Mexico. Engineering work will commence immediately at Subsea 7's Houston office.
14/04/2010 More »

SBM Offshore N.V. Receives Letter of Pre-Commitment for Lease FPSO for Brazil's Pre-Salt Area from Petrobras

SBM Offshore N.V. Affiliate and Queiroz Galvão Óleo e Gás S.A. (QGOG), receive Letter Of Pre-commitment from PETROBRAS NETHERLANDS B.V. (PNBV), PETROLEO BRASILEIRO S.A. - PETROBRAS as Operator of the Consortium BM-S-11, established by companies PETROBRAS (65%), BG E&P do Brasil LTDA (25%), and PETROGAL BRASIL LTDA (10%) for the charter and operation of an FPSO for the pre-salt area, offshore Brazil.
13/04/2010 More »

NSRI Confirms Backing from Subsea Industry as it Reaches Initial membership Target

Leading research organisation the National Subsea Research Institute (NSRI) achieves its initial target to recruit 20 companies to join in developing a vision for the long-term future of the subsea industry.
13/04/2010 More »

Fluor New Venture in Qatar Wins Five-Year Maintenance Contract for Pearl Gas-to-Liquids Project

Fluor Corporation announces that Qatar National Facilities Services, a new venture partly owned by Fluor, signed a major long-term maintenance and services contract with Qatar Shell Gas-to-Liquids Limited (QSGTL) for its Pearl Gas-to-Liquids (Pearl GTL) project in the industrial city of Ras Laffan, Qatar.
13/04/2010 More »

GE Oil & Gas Signs MOU Agreement with Petrovietnam

GE Oil & Gas signs memorandum of understanding (MOU) with the Vietnam National Oil and Gas Group (Petrovietnam), the Government of Vietnam wholly owned company responsible for all oil and gas resources in the country and the third largest oil producer in South East Asia.
13/04/2010 More »

Eni and Gazprom Meet on South Stream and Upstream Projects

Gazprom Chairman Alexey Miller and Eni CEO Paolo Scaroni meet in Moscow to discuss the two companies' common projects.
13/04/2010 More »

New Board Appointments Strengthen Oil & Gas UK's Industry Representation

Oil & Gas UK, the leading representative organisation for the oil and gas industry, announces that Robin Davies, Subsea 7's global vice-president - business improvement, appointed the association's new contractor co-chair, replacing Bob Keiller, CEO of PSN, who has come to the end of the maximum two year term for this post.
13/04/2010 More »

Aker Solutions to Supply Subsea Umbilicals to Noble Energy

Aker Solutions to supply subsea umbilicals for oil and gas company Noble Energy Inc. Manufacturing will take place at Aker Solutions' umbilical facility in Mobile, Alabama.
12/04/2010 More »

Wood Group Awarded Extension to Contract by TOTAL

Wood Group awarded three-year extension to its existing contract, plus two optional years, by TOTAL E&P UK LTD ("TOTAL"). TOTAL first awarded Wood Group the North Sea engineering & construction contract seven years ago.
09/04/2010 More »

Aker Solutions Signs Sub-surface Deal with BP

Aker Solutions signs agreement with BP Norge AS to supply sub-surface consultancy services on the Norwegian continental shelf. Under the three-year agreement, Aker Solutions' geo business will deliver operational geology services from BP's onshore facility in Stavanger, Norway, and wellsite geology services from BP's assets offshore Norway.
08/04/2010 More »

Total Awards FMC Technologies $210 Million Subsea Contract to Support Laggan-Tormore Field

FMC Technologies, Inc. sign agreement with Total Exploration and Production UK Ltd for the manufacture and supply of subsea production equipment to support the Laggan-Tormore field.
08/04/2010 More »

J. Ray McDermott Awarded Te Giac Trang Transportation and Installation Work in Vietnam

J. Ray McDermott, S.A. awarded transportation and installation contract by PTSC Mechanical & Construction Company Limited for the Te Giac Trang ("TGT") field development project, offshore Vietnam.
08/04/2010 More »

New FishSAFE Unit In Action Across the UK North Sea

Aberdeen-based FLTC Services Limited (FLTCS) receives the 200th order for its new FishSAFE unit. The devices are now being used to alert skippers with audible and visual warnings when oil and gas related surface and subsea structures are detected. Fishing nets can become caught on these structures so their detection is instrumental in improving mariners' safety.
08/04/2010 More »

ABB Wins $110 Million Order for Power Link to Offshore Platform

ABB wins order worth $110 million from Eni Norway AS to build power link between new oil and gas platform in the Barents Sea and the Norwegian power grid. The Goliat platform will be partly electrified by a 106 km subsea power cable, which can lower Goliat's carbon dioxide emissions up to 50 percent by reducing the need for electricity produced by the platform's gas turbines.
06/04/2010 More »

Completion of the Demerger of the UK Continental Shelf Oil & Gas Assets of Petrofac Energy Developments

Petrofac announces completion of its Share Split and the Demerger of Petrofac Energy Developments Limited to EnQuest PLC ("EnQuest"). EnQuest Shares now admitted to the Official List and to trading on the London Stock Exchange's market for listed securities.
06/04/2010 More »

Lundin Petroleum Completes Spin-off of UK Business

Lundin Petroleum AB (Lundin Petroleum) announces completion today of the spin-off of Lundin Petroleum's UK business into EnQuest plc (EnQuest). Lundin Petroleum received approximately fifty-five per cent (55%) of the total outstanding shares of EnQuest and will distribute all of its EnQuest shares to Lundin Petroleum shareholders.
06/04/2010 More »

Forge Shareholders Approve $19.5M Placement to Clough

Forge Group Limited and Clough Limited announce approval today by Forge shareholders of a placement to Clough of 10.25 million shares for proceeds of $19.5 million.
06/04/2010 More »

KBR Acquires Energo Engineering

KBR acquires Houston-based Energo Engineering. Energo provides Integrity Management (IM) and advanced structural engineering services to the offshore oil and gas industry. Energo will be integrated into KBR's Granherne subsidiary.
06/04/2010 More »

FMC Technologies Awarded Perdido Stage II Contract

FMC Technologies, Inc. signs agreement with Shell to supply subsea and topside systems for the Perdido Stage II Regional Development Project in the Gulf of Mexico. Deliveries will commence in the third quarter of 2010.
06/04/2010 More »

Gazprom Completes Payment for the 51% Stake in SeverEnergia

Eni and Enel announce that Gazprom has effected payment of 1.182 billion US dollars to Artic Russia B.V. (60% Eni, 40% Enel) as the second and final tranche owed by Gazprom in respect of the sale and purchase agreement of a 51% participation interest in SeverEnergia, signed on June 5, 2009.
06/04/2010 More »

ABB Wins US$60 million Oil and Gas Order in Norway

ABB win order worth more than $60 million from Hyundai Heavy Industries to provide an array of power and automation technologies for an offshore production platform at the Goliat oil and gas field off the northern coast of Norway.
05/04/2010 More »

Hess Reaches Agreement for Sale of UK Gas Assets

Hess Corporation reaches agreement with Scottish & Southern Energy to sell its interests in a package of natural gas production and transportation assets in the United Kingdom North Sea for $423 million in cash. The sale is expected to close in the third quarter of 2010.
05/04/2010 More »

PSN Secures Multi-million Dollar Contract with Nexen

PSN awarded contract worth over $50 million USD to provide operations and maintenance support to Nexen's Buzzard and Scott assets in the central North Sea. This is a new three year contract with the option of up to a further three years.
05/04/2010 More »

Chevron Wins Arbitration Claim Against the Government of Ecuador

An international arbitration tribunal rules in favor of Chevron in claim against Ecuador related to past oil operations by Chevron's subsidiary, Texaco Petroleum Company.
05/04/2010 More »

Aker Solutions Signs Service Contract with Petrobras

Aker Solutions signs three-year contract with Petrobras for maintenance of subsea control systems supplied to the Brazilian national oil company. The contract value is BRL 30 million (NOK 100 million). Contract will be managed from Aker Solutions' service base in Rio das Ostras, through a specialised Brazilian team.
05/04/2010 More »

Petrofac Acquires Metering Specialist

Petrofac acquires Stephen Gillespie Consultants Limited (SGC), a UK-based provider of metering services and systems for an initial cash consideration of £2.1 million. A further consideration of up to £1.4 million will be payable in cash over two years, subject to achieving certain agreed performance targets.
05/04/2010 More »

Petrofac Wins Qatar Petroleum Contract Worth More Than US$600 Million

Petrofac awarded contract for gas sweetening facilities project in Qatar's Messaieed and Dukhan industrial districts by Qatar Petroleum. Work on the projects is expected to commence shortly and is due for completion within 38 months.
02/04/2010 More »

Statoil Strengthens US Shale Gas Position

Statoil signs agreement with Chesapeake which will add approximately 59000 net acres to Statoil's current 600000 net acre positions in the Marcellus Shale. The cost to Statoil of the transaction is USD 253 million, with an average acreage cost of USD 4325 per acre.
02/04/2010 More »

Aker Solutions Awarded Large Umbilical Contract on Australian Continental Shelf

Aker Solutions signs contract with Chevron Australia Pty Ltd to supply subsea umbilicals and associated equipment for the Gorgon Project, offshore Australia. Contract value is approximately NOK 550 million.
26/03/2010 More »

KBR Subsidiary Selected for FEED Contract for Hess Denmark ApS' South Arne Phase 3 Development

KBR's consulting subsidiary, Granherne, selected to take part in the FEED contract for the Greenfield sections of Hess Denmark ApS' South Arne Phase 3 Development in the North Sea. Granherne was selected for the study via a competitive bidding process.
26/03/2010 More »

Schlumberger Acquires Geoservices from Astorg and Minority Shareholders

Schlumberger announced today the acquisition of Geoservices - a privately owned French oilfield services company specialized in mud logging, slickline and production surveillance operations. The total value of the transaction, including net debt, is $1,070 million.
25/03/2010 More »

Aker Solutions Wins Power Cable Installation Contract with ABB

Aker Solution's marine operations unit enters into a long-term agreement with ABB regarding installation of power cables and related services. ABB will charter one of Aker Solutions' new vessels for installation campaigns during 2012 and 2013. Aker Solutions estimates that this can generate revenues up to NOK 500 million.
25/03/2010 More »

J. Ray McDermott Awarded EPCI Project by Saudi Aramco

J. Ray McDermott, S.A., a subsidiary of McDermott International, Inc., awarded project to upgrade crude gathering and power supply facilities in Saudi Aramco's Safaniya field. The infrastructure upgrade and electrification project will help sustain crude oil production to meet Saudi Aramco's Maximum Sustainable Capacity targets for the field by 2013.
25/03/2010 More »

Jacobs Awarded Gas Plant Infrastructure Project by Storengy UK Ltd.

Jacobs Engineering receives contract from Storengy UK Ltd. to provide engineering, procurement and construction management services for above-ground infrastructure associated with the new gas storage facility located in Stublach, in the North West England. The work will be executed from Jacobs' office in Manchester.
23/03/2010 More »

Shell and China National Petroleum Corp. Announce Natural Gas Cooperation

China National Petroleum Corporation and Royal Dutch Shell plc today announced plans to jointly develop and produce natural gas in China's Sichuan basin. The companies submitted a production sharing contract to the Chinese central government for approval.
23/03/2010 More »

Gulfsands: Confirmation Of Preliminary Approach Offer Price

Following the announcement on 19 March 2010, the board of directors of Gulfsands Petroleum plc clarifies that the preliminary approach received on 18 March regarding a possible offer for the Company was at 315 pence per share for the entire issued and to be issued share capital of Gulfsands.
23/03/2010 More »

Agreement Reached to Acquire Arrow Energy Limited

Shell Energy Holdings Australia Ltd and PetroChina International Investment Company Ltd welcome the announcement by the Board of Arrow Energy Limited (Arrow) to unanimously recommend its shareholders vote in favour of the joint proposal to acquire 100% of Arrow shares.
22/03/2010 More »

Sembcorp Marine's SMOE Secures Contract For The Construction Of The Ekofisk Accommodation Topside For The North Sea

SMOE, a wholly-owned subsidiary of Sembcorp Marine, secures an estimated S$550 million contract from ConocoPhillips Skandinavia AS, Norway to build the Ekofisk accommodation topside to be installed in the North Sea.
19/03/2010 More »

UK Government Consent for West of Shetland Gas Development

UK Government today gave consent for Total and Dong Energy to develop the Laggan and Tormore gas fields, which lie in 600 metres of water and in one of the most hostile environments in the UK.
19/03/2010 More »

Suncor Energy Firebag In Situ Expansion Approved by Alberta Energy Resources Conservation Board

Alberta Energy Resources Conservation Board approves Suncor Energy's application to develop three additional stages of its Firebag in situ oil sands project. Cost estimates for stages four to six are expected to be detailed as each stage receives final approval from Suncor's Board of Directors.
19/03/2010 More »

UK Government Consent for West of Shetland Gas Development

Gulfsands Rejects Unsolicited Approach

Gulfsands Petroleum plc board of directors confirms rejecting a preliminary approach received on 18 March regarding a possible offer for the Company. The approach is highly conditional and subject to due diligence and other material pre-conditions.
19/03/2010 More »

Wood Group Reappointed by BP for Sullom Voe Terminal Contract

Wood Group reappointed by BP to provide engineering, modifications and maintenance to its Sullom Voe Terminal, securing employment for approximately 100 personnel in Shetland, Glasgow and Aberdeen.
19/03/2010 More »

Technip Awarded Contract for Nord Stream Project in the Baltic Sea

Technip awarded frame contract by Nord Stream AG, worth approximately €35 million, for the Nord Stream project in the Baltic Sea. Technip's operating center in Stavanger, Norway will execute this contract.
19/03/2010 More »

Total Launches Development of Laggan and Tormore Gas Fields

Total announces launch of Laggan and Tormore gas fields development in the offshore frontier region of the West of Shetland, subject to the United Kingdom Government's Department of Energy and Climate Change approval.
18/03/2010 More »

J. Ray McDermott Awarded First Asia Pacific Subsea Project

J. Ray McDermott subsidiary awarded its first SURF ("Subsea Infrastructure, Umbilicals, Risers & Flowlines") project in the Asia Pacific market since its strategic push into this high growth area. Contract was awarded by PetroVietnam Technical Services Corporation on behalf of its customer, PetroVietnam Exploration & Production.
18/03/2010 More »

Aker Solutions Signs Sub-surface Frame Agreement with Statoil

Aker Solutions' geo business signs three-year frame agreement with Statoil to supply sub-surface consultancy services within the areas of production geology, exploration geology and reservoir technology. Agreement is valid to cover Statoil's assets worldwide.
18/03/2010 More »

ConocoPhillips Awards Ekofisk Jacket Contract to Aker Solutions

ConocoPhillips Skandinavia AS Norway awards Aker Solutions EPC contract for platform jacket and bridge support jacket for new Ekofisk accommodation platform - Ekofisk 2/4L. Contract will be executed by Aker Solutions yard in Verdal.
18/03/2010 More »

Feasibility Study for Tauern Gas Pipeline Nears Completion

Feasibility study for the Tauern Gas Pipeline (TGL) project now nearing completion. It has been shown that it will be technically feasible to construct the TGL project across the Alps. The project partners have now decided to continue the TGL project, focussing on the environmental impact assessment.
18/03/2010 More »

Royal Dutch Shell plc Updates on Strategy to Improve Performance and Growth

Royal Dutch Shell plc gave an update on the Royal Dutch Shell plc strategy. Shell today said it was entering a new period of growth, and outlined plans to sharpen up performance and reduce costs.
16/03/2010 More »

Mustang Selected by Woodside for Independent Review of Readiness for One of the World's Heaviest Floatovers

North West Shelf Venture's Australian operator, Woodside Energy Ltd ("Woodside"), selects Wood Group's Mustang to provide independent assessment and verification of readiness for one of the world's heaviest open-water floatover installations, the North Rankin B (NRB) platform topsides, to be located on the North West Shelf of Australia.
16/03/2010 More »

Sale of Otway Gas Project Completed

Woodside advises sale of its 51.55% interest in the Otway Gas Project to Origin Energy Resources Ltd and Benaris International N.V. is now complete. Transition of operatorship to Origin will occur in the second quarter of 2010 subject to normal regulatory processes.
16/03/2010 More »

Norse Energy Corp ASA: Norse Energy and Pan-Petroleum Create New South Atlantic Oil and Gas Independent

New Brazil Holding ASA ("NBH"), a company controlled by Norse Energy Corp. ASA ("NEC"), and Pan-Petroleum (Holding) Cyprus Ltd. ("Pan-Petroleum") enter into business combination agreement.
16/03/2010 More »

CNOOC Establish Joint Venture with Bridas Energy Holdings

CNOOC Limited proposes to form 50%/50% joint venture with Bridas Energy Holdings Ltd in Bridas Corporation for a consideration of approximately USD3.1 billion in cash. Transaction will be funded from the internal resources of the Company.
16/03/2010 More »

Eni Announces 2010-2013 Strategic Plan

Eni confirms its strategic priorities of delivering robust long-term hydrocarbon production growth superior to the average growth of its peers, and of strengthening its leadership in the European gas market, in spite of the uncertainties surrounding economic recovery and volatile energy markets.
15/03/2010 More »

WorleyParsons Secures ConocoPhillips FEED and Procurement Services Award for Jasmine Project

WorleyParsons selected to provide front end engineering design (FEED) definition and advanced procurement services for ConocoPhillips-operated Jasmine Area Development project (Jasmine) in the North Sea. WorleyParsons is performing the work from its offices in London, Woking and Kuala Lumpur.
15/03/2010 More »

Keystone Gulf Coast Expansion Approved

TransCanada Corporation today announced the National Energy Board (NEB) approved the company's application to construct and operate the Canadian portion of the Keystone Gulf Coast Expansion Project.
12/03/2010 More »

BP Enters Deepwater Brazil and Strengthens Core Portfolio

BP will pay Devon Energy $7.0 billion in cash for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico. These include interests in ten exploration blocks in Brazil, including seven in the prolific Campos basin; a major portfolio of deepwater exploration acreage and prospects in the US Gulf of Mexico; and an interest in the BP-operated Azeri-Chirag-Gunashli (ACG) development in the Caspian Sea, Azerbaijan.
11/03/2010 More »

SNC-Lavalin Awarded Contract for Junin 2 Block in Venezuela

SNC-Lavalin awarded engineering services contract for Empresa Mixta Petromacareo Project by PDVSA Engineering & Construction, a subsidiary of Venezuela's state-owned oil company, Petróleos de Venezuela S.A (PDVSA),.
11/03/2010 More »

Statoil Increases Share in St Malo

Statoil increases its working interest in the Union-operated St Malo development to 21.5% by exercising its preferential rights on a proposed sale of Devon's share in the development. Union is a subsidiary of Chevron.
10/03/2010 More »

Honeywell Signs Agreement to Provide Technology and System-Design for Shell

Honeywell sign global five-year agreement to be a Main Automation Contractor (MAC) for Shell. The Global Framework Agreement (GFA) is part of Shell's long-term MAC strategy to maximize production while lowering total operating costs by equipping its worldwide facilities with integrated process automation technology.
09/03/2010 More »

Chevron Well-Positioned for Future Growth

Chevron Corporation enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said today at a meeting with financial analysts in New York.
09/03/2010 More »

Further Development of the Giant Azeri-Chirag-Gunashli Oil Field in Azerbaijan

Important new step taken on 9 March to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan when Statoil and the ACG partnership signed a USD 6 billion investment agreement to develop the Chirag Oil Project.
09/03/2010 More »

Jacobs Receives Two-Year Contract from Canaport LNG

Jacobs Engineering Group Inc. receives two-year contract from Canaport LNG for provision of maintenance and related services at the company's LNG Terminal in Saint John, New Brunswick, Canada. Canaport LNG is a limited partnership between Repsol (75%) and Fort Reliance (25%) with Canaport LNG acting as developer, owner and operator of the facility.
09/03/2010 More »

Shell and Technip-Samsung Consortium Take Next Step on Prelude Floating LNG Facility

Shell signs two contracts with Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in October 2009 that Prelude is in the engineering and design phase of development.
09/03/2010 More »

FMC Technologies Receives $62 Million Contract to Support Marulk Field Development

FMC Technologies signs agreement with Statoil ASA for manufacture and supply of subsea production equipment to support the Marulk field. The award, a call-off from FMC's existing frame agreement with Statoil, has a value of approximately $62 million in revenue to FMC Technologies.
09/03/2010 More »

Discussions Underway to Acquire Arrow Energy Limited

Shell Energy Holdings Australia Ltd. (Shell), a subsidiary of Royal Dutch Shell plc, confirms it is participating in discussions to acquire Arrow Energy Limited (Arrow), excluding its international assets.
09/03/2010 More »

New Company Wood Group Wagners Launched by Premier of Queensland

Wood Group Wagners Pty Ltd, a new joint venture company set up by international energy services company Wood Group and Toowoomba-based Wagners launched by The Honourable Anna Bligh MP, Premier of Queensland in Parliament House, Brisbane.
09/03/2010 More »

EDF and Total Sign Agreement in Planned Dunkirk LNG Terminal

EDF and Total sign agreement whereby Total will reserve regasification capacity in the planned Dunkirk LNG terminal being developed by Dunkerque LNG, a wholly owned EDF subsidiary, and will also acquire an interest in the company.
09/03/2010 More »

Aker Solutions Wins Major Contract for Two FPSOs in Brazil

Aker Solutions signs contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Production Storage and Offloading) platforms which will operate offshore Brazil.
08/03/2010 More »

GE Oil & Gas Power Generation and Subsea Equipment Wins Bring Gorgon Project Awards to Over $1.1 Billion

GE Oil & Gas technology again selected to support the development of Gorgon, one of the world's largest untapped natural gas fields, which also features one of the world's largest ever carbon-dioxide (CO2) sequestration technology projects.
08/03/2010 More »

Statoil ASA and the State Reach Settlement in Kårstø Expansion Case

Statoil ASA and the State, represented by the Norwegian Ministry of Petroleum and Energy, today reached a settlement in the Kårstø expansion case. Statoil is pleased that this case has now been finally solved.
05/03/2010 More »

Costain's Energy & Process Business Moves Into The North East

Costain establishes new North East operation for its Energy & Process business. Costain's Teesside Operations is based in Stockton and is part of its specialist Energy & Process division. Initially, the business will employ 30 people based in its office on Preston Farm Industrial Estate.
04/03/2010 More »

Proposed Demerger of UK Continental Shelf Oil & Gas Assets of Petrofac Energy Developments to Create EnQuest PLC

Board of Petrofac ("the Board") today announces its intention to demerge Petrofac Energy Developments Limited ("PEDL") from the Petrofac group and combine it with the UK Continental Shelf oil & gas assets of Lundin Petroleum AB ("Lundin") to form a new company, EnQuest PLC ("EnQuest") (the "Demerger").
04/03/2010 More »

Lundin Petroleum Announces Intention to Spin-off its United Kingdom Business and Distribute Shares to its Shareholders

Lundin Petroleum AB (publ) (Lundin Petroleum) announces its intention to spin-off its business in the United Kingdom into a newly formed UK company called EnQuest PLC (EnQuest), in exchange for shares of EnQuest. The shares of EnQuest received by Lundin Petroleum will then be distributed to Lundin Petroleum shareholders.
04/03/2010 More »

CB&I to Supply Gas Processing Plant for Camisea Expansion Project in Peru

CB&I awarded contract to supply a cryogenic natural gas processing plant in Malvinas, Peru, as part of an expansion of the Camisea gas project. CB&I's contract is with Pluspetrol Peru Corporation S.A. as operator and contract administrator, acting on behalf of the licensees.
04/03/2010 More »

Technip Awarded Flexible Pipe Supply Contract by China National Offshore Oil Corporation

Technip awarded by China National Offshore Oil Corporation (CNOOC) a flexible pipe supply contract for the Lufeng 13-1/13-2 oil fields, located in the South China Sea. Technip's operating center in Kuala Lumpur, Malaysia, will execute this contract.
04/03/2010 More »

Cape Wins Offshore Contract in Dutch Sector of the North Sea with Total

Cape awarded three year contract with Total E&P Nederland B.V., with an estimated value in excess of €15 million. Cape will be providing a full range of offshore multi-disciplinary services including coatings, insulation, access and related services to all 21 of Total's offshore installations in the Dutch sector of the North Sea from March 2010.
02/03/2010 More »

BP Outlines Plan To Improve Financial Performance While Growing Production Through 2020

BP today outlined plans to further boost efficiency and reduce costs with the aim of improving its annual underlying pre-tax profitability by more than $3 billion over the next two to three years.
02/03/2010 More »

Jacobs Receives Contract for Sulfur Recovery Unit From Saudi Aramco

Jacobs Engineering Group Inc. announced today it received a contract from Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, to develop a basic engineering package for four sulfur recovery units. Project will be executed from Jacobs office in Calgary, Alberta, Canada.
02/03/2010 More »

Offshore Industry Advisory Committee (OIAC) Workforce Involvement Group (WIG)

Two more worker involvement events to be run by the Offshore Industry Advisory Committee (OIAC) Workforce Involvement Group (WIG) Following the success of events held last year in Aberdeen and Norwich another couple of similar events are being run in March 2010.
02/03/2010 More »

Technip/Chiyoda Awarded Contract for PMP Onshore Facilities in Qatar

Technip, leader in a joint venture with Chiyoda, awarded by Qatar Liquefied Gas Company Limited (Qatargas 1*) an engineering, procurement and construction contract for the Plateau Maintenance Project (PMP) in Ras Laffan, Qatar. Technip and Chiyoda previously carried out the feasibility study, pre-front-end engineering design (pre-FEED) and FEED of the facilities.
26/02/2010 More »

Total Awards FMC Technologies $65 Million Contract

FMC Technologies signs agreement with Total Exploration and Production Angola for the manufacture and supply of subsea production equipment. The equipment will support Total Angola's Block 17 development, located offshore Angola, West Africa.
26/02/2010 More »

Oil & Gas UK Highlights Rise in Reserves but Warns of the Investment Challenge

The UK still offers significant opportunity for offshore oil and gas development but companies are finding it increasingly difficult to turn new reserves into economic production, according to industry body Oil & Gas UK. The organisation published its annual forecast of offshore oil and gas exploration and development activity in the UK, based on a survey of the spending plans of over 70 companies.
26/02/2010 More »

Energy Security Boost as DECC Licenses Major Gas Storage Project

Gateway Gas Storage project receives the first gas storage licence to be issued by the UK Government under new regime designed to encourage the construction of new storage facilities in this country.
26/02/2010 More »

Gudrun Plan Submitted to Authorities

Plan for development and operation (PDO) of the North Sea Gudrun field submitted to the Ministry of Petroleum and Energy for approval. Norwegian Parliament expected to approve the field development before the summer.
26/02/2010 More »

Schlumberger and Smith International Announce Agreement

Schlumberger Ltd and Smith International, Inc. jointly announced today that their Boards of Directors unanimously approve definitive merger agreement in which the companies would combine in a stock-for-stock transaction.
25/02/2010 More »

Technip Awarded Two contracts for Field Developments in the UK North Sea

Technip awarded by Talisman Energy (UK) Limited two engineering, procurement and installation contracts for development of the Auk North and Burghley fields. Technip's operating center in Aberdeen, Scotland will execute the contracts. Pipelines will be welded at Technip's spoolbase in Evanton, Scotland.
23/02/2010 More »

Technip Awarded Subsea Contract in the Mediterranean Sea

Technip awarded lump sum contract by Repsol Investigaciones Petroliferas SA for development of two fields located off the east coast of Spain. Technip's operating center in Paris, France, will execute this contract.
23/02/2010 More »

Suncor Energy Reports Planned Repair Schedule for Damaged Upgrader

Suncor Energy Inc. completes its assessment and expected schedule to repair portions of an oil sands upgrader (U1) damaged by fire in early February. Repairs are currently underway and the company now expects the upgrader to return to production in early April.
23/02/2010 More »

Wood Group Awarded Operations & Maintenance Contract by Chevron North Sea Limited

Wood Group awarded operations and maintenance support services contract by Chevron North Sea Limited ("Chevron") for its Alba, Captain and Erskine fields. Worth an estimated £12 million over the three initial years, the contract was effective from 8th February 2010, and includes two one-year extension options exercisable by Chevron.
23/02/2010 More »

Wood Group GTS Awarded $150m Contract to Support PERU LNG

Wood Group GTS awarded long-term service agreement by PERU LNG worth US$150 million over an 18-year term. Wood Group GTS will provide a service and maintenance program to maximise machine availability of the gas turbines, compressors and generators for PERU LNG at their Pampa Melchorita site south of Lima.
22/02/2010 More »

Statoil Awards Aker Solutions EPC Contract for Gudrun Jacket

Statoil awards Aker Solutions an EPC contract for the Gudrun jacket. Contract will be executed by the Aker Solutions yard in Verdal, and includes engineering, procurement, construction, load-out and sea-fastening of the steel jacket and associated piles.
22/02/2010 More »

Technip: Charge for Potential Resolution of TSKJ Nigeria Matter in the US; Q4-09 Operating Performance Above Expectations

Ahead of the release of its full year results on February, 18, Technip gives an update on the TSKJ Nigeria matter and on its fourth quarter 2009 activity.
12/02/2010 More »

CB&I Awarded Topsides Engineering Project in Barents Sea

CB&I awarded contract by Hyundai Heavy Industries to provide engineering services for the Goliat Floating Production, Storage and Offloading (FPSO) project. The project, which is owned by Eni (65%) and StatoilHydro (35%) and operated by Eni Norge, is the first oil development in the Norwegian sector of the Barents Sea.
11/02/2010 More »

J P Kenny Wins Subsea Contract with TAQA Bratani Limited

J P Kenny, subsidiary of Wood Group, awarded multi-million pound contract for subsea engineering & management services by TAQA Bratani Limited in support of all TAQA's assets in the North Sea.
11/02/2010 More »

Air Products Commences Tender Offer to Acquire All Outstanding Shares of Airgas for $60.00 Per Share in Cash

Air Products commences fully financed tender offer for all outstanding common shares of Airgas, Inc. (NYSE:ARG) for $60.00 per share all in cash. Offer and withdrawal rights will expire at 12:00 midnight New York City time on April 9, 2010, unless extended.
11/02/2010 More »

Expro Enhances West African Presence with New Facility in Ghana

Expro today announces plans for new multi-million dollar facility in Takoradi, Ghana. Expro is currently operating in Takoradi with 28 employees working on the Tullow Oil Jubilee contract, supplying deepwater electro-hydraulic subsea services in addition to a range of other services.
11/02/2010 More »

Repsol Awarded Project to Develop Oil Reserves in Venezuela

Repsol led consortium awarded project to develop heavy crude oil reserves in Venezuela's Orinoco Oil Belt. The Carabobo area is located in the eastern part of the Orinoco Oil Belt which may hold up to 513 billion barrels of oil in place, according to the latest US Geological Survey.
11/02/2010 More »

Chevron Awarded Rights to Develop New Venezuelan Energy Project

Chevron Corporation today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate its participation in a project composed of three blocks in the Orinoco Oil Belt (Faja) of eastern Venezuela.
11/02/2010 More »

KBR Awarded Design Study Contract for Woodside's Browse LNG Development

KBR awarded contract by Woodside to execute a basis of design study for the company's Browse Liquefied Natural Gas (LNG) Development. The study will focus on Woodside's onshore LNG facilities within the Western Australian Government's proposed Browse LNG Precinct in the north of Western Australia.
11/02/2010 More »

FMC Technologies Signs Multi-Year Frame Agreement With Cobalt International Energy

FMC Technologies Signs Multi-Year Frame Agreement With Cobalt International Energy to provide subsea systems, including production trees, manifold hardware and distribution systems.
11/02/2010 More »

Browse Enters Basis of Design Phase

Woodside advises that the Browse LNG Development has now entered the Basis of Design phase. The Basis of Design phase determines the major design parameters which would enable the optimal development of the offshore gas fields and the onshore facilities south of James Price Point.
10/02/2010 More »

Oil & Gas UK: Business confidence improves in the UK oil and gas industry, but overall picture remains fragile

The Oil & Gas UK Index published today shows that business confidence appears to be returning to the UK oil and gas industry. The overall industry index rose by 6 points to 56 in the final quarter of last year from 50 in the previous quarter, suggesting that the sector, hit by low oil and gas prices and the freeze on access to capital in the earlier part of 2009, is emerging from the recession with more optimism than at any other point in the past 12 months.
10/02/2010 More »

Suncor Energy Agrees to Sell Non-Core Assets in Northeast B.C. to Progress Energy Resources Corp.

Suncor Energy reaches agreement with Progress Energy Resources Corp. to sell certain natural gas properties for approximately $390 million. Current production on these lands is approximately 43.8 million cubic feet equivalent per day (mmcfe/d).
10/02/2010 More »

Marathon Oil Corporation Completes Sale of Working Interest in Angola Block 32

Marathon Oil completes sale of 20 percent undivided working interest in the Production Sharing Contract and Joint Operating Agreement in Angola Block 32 to Sociedade Nacional de Combustiveis de Angola, Empresa Publica - (SONANGOL, E.P.)'s wholly owned subsidiary, Sonangol Pesquisa e Producao, S.A.
10/02/2010 More »

MSi's Engineering Simulator and Operator Training System Installed for Shell Perdido Project

Wood Group's Multiphase Solutions Inc. completes integration and deployment of its subsea simulation system, which is being used by Shell engineers to model operation of the Perdido project in the Gulf of Mexico.
10/02/2010 More »

Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company

In a court filing today in Lago Agrio, Ecuador, Chevron Corp. provided newly discovered information showing that the author of a report recommending that Chevron be ordered to pay $27 billion in damages is the majority owner of an oilfield remediation company that stands to gain financially from a judgment against Chevron.
09/02/2010 More »

Suncor Energy Responds to Fire at Oil Sands Upgrader

Suncor Energy responds to fire at approximately 12 a.m. today at one of the company's two oil sands upgraders (U1) north of Fort McMurray, Alberta. The area was immediately secured and all employees and contractors in the area were safely evacuated.
09/02/2010 More »

Jacobs Receives Construction Services Contract From ExxonMobil Production Company for Hawkins Field Project

Jacobs Engineering Group Inc. receives contract from ExxonMobil Production Company to provide construction services for ExxonMobil's enhanced oil and gas recovery project at the Hawkins Field in Wood County, Texas. At its peak, the ExxonMobil project expects to employ a construction workforce of about 300 people, a number of which are expected to come from the local area.
09/02/2010 More »

Foster Wheeler Awarded PMC Contract for LNG Terminal in Singapore

Foster Wheeler AG subsidiary awarded contract to provide project management consultancy services to Singapore LNG Corporation Pte Ltd, a fully owned subsidiary of the Energy Market Authority of Singapore.
09/02/2010 More »

Aker Solutions: Focusing on Keeping Competence and Winning Work

Eni Norge AS notified Aker Solutions that the company will not be awarded the EPC contract for delivery of the Goliat FPSO.
09/02/2010 More »

Emerson, Shell Sign Breakthrough Multi-Year Global Framework Agreement for Technologies & Services

Emerson Process Management announced today it has entered into a 5-year Global Framework Agreement (GFA) with Shell to serve as a Main Automation Contractor (MAC) on future capital projects globally.
09/02/2010 More »

Swiber Led Consortium Secures Notice of Award for EPCID Contract

Swiber Holdings announces yet another Notice of Award from leading oil and gas operator in South Asia worth approximately US$117.5 million awarded to Swiber and its consortium partner.
08/02/2010 More »

Eni Presents Proposal to European Commission for Remedies Related to its International Gas Pipelines

Eni presents to Directorate General for Competition of the European Commission a set of structural remedies related to some international gas pipelines.
08/02/2010 More »

BG Group Entering New Decade of High Growth

BG Group today present its annual strategy update and Fourth Quarter and Full Year 2009 results.
08/02/2010 More »

Petrobras Awards FMC Technologies $400 Million Subsea Tree Frame Agreement

FMC Technologies signs four-year subsea tree frame agreement with Petrobras, Brazil's national oil company. The award is expected to result in approximately $400 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered.
05/02/2010 More »

Envia Therm Re-awards Wood Group $8 million Service Contract for GE Frame 6B Gas Turbines

Wood Group GTS renews its flexible service agreement with envia THERM GmbH (envia THERM) in Großkayna & Wolfen, Germany valued at approximately $8 million. Wood Group GTS under its flexible service agreement will exclusively provide a wide range of major maintenance services for planned and unplanned maintenance of envia THERM's four GE Frame 6B gas turbines.
04/02/2010 More »

Aker Solutions Signs Subsea Contract with Repsol

Aker Solutions signs contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Project will be managed out of Oslo, Norway. Umbilicals and power cables will be manufactured in Moss, Norway. Control system will be manufactured in Aberdeen and Malaysia.
04/02/2010 More »

CNOOC Ltd. Welcomes 2010 with Higher Production Growth and Robust CAPEX Investment

CNOOC Limited today announced its 2010 business strategy and development plan and welcomes 2010 with higher production growth and Robust CAPEX Investment.
03/02/2010 More »

Statoil Evaluate New Ownership Structure for Group's Energy and Retail Business

Statoil's board of directors unanimously decided to evaluate new ownership structure for the group's energy and retail business. Stock-exchange listing is assumed to be the most likely solution and may take place in the fourth quarter of this year at the earliest.
03/02/2010 More »

Transfield Worley Services Win Contracts with Woodside Energy

Transfield Worley Services signs contracts to provide brownfield project and maintenance services to Woodside Energy's offshore gas production and onshore Liquefied Natural Gas processing facilities in Western Australia.
02/02/2010 More »

Foster Wheeler and SOFCON to Form Joint Venture in Saudi Arabia

Foster Wheeler signs Joint Venture Agreement to form jointly owned Saudi Arabian entity with A. Al-Saihati, A. Fattani and O. Al-Othman Consulting Engineering Company (SOFCON) in the Kingdom of Saudi Arabia.
02/02/2010 More »

SNC-Lavalin Awarded Study Contract for Nitrogen Injection / Nitrogen Rejection and Carbon Dioxide Injection Project in Abu Dhabi

SNC-Lavalin awarded contract by GASCO (Abu Dhabi Gas Industries Ltd.), a subsidiary of ADNOC, for front-end-engineering and pre-front-end-engineering (FEED and pre-FEED) studies for a Nitrogen Injection, in addition to a Nitrogen Breakthrough and Nitrogen Rejection and Carbon dioxide Recovery and Injection project in Abu Dhabi, UAE.
02/02/2010 More »

Marathon Sets 2010 Capital, Investment and Exploration Budget

Marathon Oil Corporation announces $5.1 billion capital, investment and exploration budget for 2010, a 17 percent decrease from 2009 capital spending. "Marathon's 2010 capital program will focus on Upstream activity, with an emphasis on the development of sanctioned projects, potentially significant exploration wells and advancing our growing resource plays," said Clarence P. Cazalot, Jr., Marathon president and CEO.
02/02/2010 More »

J. Ray McDermott - Keppel FELS Joint Venture Awarded Major Offshore Project

J. Ray McDermott awarded project for the P-61 Tension Leg Wellhead Platform for the Papa Terra Joint Venture, consisting of Petrobras and Chevron. J. Ray's scope is part of a larger project, comprising design, engineering, construction, transportation, installation, and a three-year limited operations contract, awarded to FloaTEC Singapore Pte, Ltd., a joint venture between Keppel FELS Ltd. and J. Ray.
01/02/2010 More »

AMEC Wins Deepwater P-63 FPSO Contract Offshore Brazil

AMEC selected by Brazilian company, QUIP, to perform basic engineering services for topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil's national oil company.
01/02/2010 More »

Total to Create Technical Support Center and Refining Training Center at Flandres Refinery in Dunkirk, France

At a special meeting of the Central Works Council on February 1, 2010, to discuss the Flandres refinery's current situation and long-term future, Total stated that it hoped to continue studies currently under way to secure the future of the site, reflecting its commitment to reaching a comprehensive and satisfactory solution in terms of operations and employment.
01/02/2010 More »

Alaska Pipeline Project Files Open Season Plan with Federal Energy Regulatory Commission

Alaska Pipeline Project files its plan with the U.S. Federal Energy Regulatory Commission to obtain approval to conduct the first natural gas pipeline open season to develop Alaska's vast natural gas resources. Project is joint effort between TransCanada and ExxonMobil to develop a natural gas pipeline under the Alaska Gasline Inducement Act.
01/02/2010 More »

Petrofac Comment on Press Speculation

Petrofac, the international oil & gas facilities service provider, comments on press speculation concerning the possible demerger of its interests in the Don area of the North Sea.
01/02/2010 More »

Lukoil and Statoil Sign Contract for the West Qurna 2 Field in Iraq

Lukoil and Statoil sign development and production service contract for West Qurna 2 field in Baghdad Iraq. The Cabinet of Ministers of Iraq has ratified the contract.
01/02/2010 More »

Shell Sells Nigeria Assets to Consortium Led by Local Companies

Shell Petroleum Development Company of Nigeria Limited (SPDC) agrees to transfer its interest in three production licences and related equipment in the Niger Delta to a consortium led by two Nigerian companies.
01/02/2010 More »

Aker Solutions Expanding Offices at Fornebu

Aker Solutions enters into contract with construction company HENT to build new combined office and hotel building at the K2 site at Fornebu. Contracting party is Fornebu Gate 2 A/S, which will be owned 93% by Aker Solutions and 7% by Arthur Buchardt Invest AS.
31/01/2010 More »

Parsons Brinkerhoff to Advise on Development of Major UK Gas Storage System

Parsons Brinckerhoff appointed by Gateway Storage Company, to advise on the front end engineering design of underground salt caverns that will form the main structure for a critical new underground gas storage system for the UK.
29/01/2010 More »

Clough Investment in Peritus International

Clough strengthens their oil and gas focus with a 51% investment in Peritus International, a new global subsea and marine engineering firm that provides engineering design and project management services to offshore clients, with a particular focus on difficult and deepwater environments.
29/01/2010 More »

AMEC Acquires Leading Project Services Consultancy Currie & Brown (Australia)

AMEC announces the acquisition of Currie & Brown (Australia) Pty Ltd, a leading Australian cost and commercial management consultancy from its shareholders for AU$36.4 million in cash.
29/01/2010 More »

Total and Partners Petrochina and Petronas to Develop the Halfaya Oil Field in Iraq

Total announces that, within the framework of Iraq's second petroleum bidding round organized by the Iraqi Ministry of Oil on December 12th, 2009, the consortium led by PetroChina Company Ltd signed on January 27, 2010 a 20-year Development and Production Service Contract with Missan Oil Company for the development of the Halfaya oil field.
28/01/2010 More »

TOTAL and ERG Create TotalErg, a Joint Venture in the Italian Marketing and Refining Business

TOTAL and ERG sign agreement to create joint venture in the Italian marketing and refining business. TOTAL and Erg will hold equity stakes of, respectively, 49% and 51%. Created through the merger of TOTAL Italia and ERG Petroli, the joint venture will be called TotalErg and operate under both the TOTAL and ERG brands.
28/01/2010 More »

Aker Solutions With Lowest Bid for Subsea Frame Agreement

Aker Solutions lowest bidder for four-year frame agreement to supply 61 subsea trees to Brazilian national oil company Petrobras. This has been announced at a public bid opening in Brazil.
28/01/2010 More »

Petrobras Issues Clarification: Papa Terra Project

Petrobras clarify news published today by the press and to confirm the content of the media release distributed by Chevron Corporation regarding the Papa Terra project.
27/01/2010 More »

HM Treasury: Tax boost for West of Shetland Gas Fields

Oil companies operating in the most difficult to exploit areas of the UK Continental Shelf are to receive a boost under planned legislation from the Government. The measure could provide up to £160 million worth of tax relief for each gas field in the West of Shetland region that qualifies for the support.
27/01/2010 More »

Chevron Makes Final Investment Decision on Papa Terra Project Offshore Brazil

Chevron Corporation announced today that its Brazilian subsidiary will proceed with the development of the Papa Terra project as the company's second deepwater development offshore Brazil.
27/01/2010 More »

Keppel to Build Saudi Aramco's First Purpose-built Jackup

Keppel FELS Limited secures contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco to build a customised KFELS Super B Class jackup rig. Contract is subject to notice from the owner to proceed with construction by May 2010.
27/01/2010 More »

Technip Awarded Augmentation Pipeline Contract at the Broom Field in UK North Sea

Technip awarded lump sum contract by Lundin Britain for augmentation pipeline at the Broom field in UK North Sea. Technip's operating centre in Aberdeen will execute the contract.
27/01/2010 More »

Gulfsands Receives Approval to Develop Yousefieh Oil Field by Syrian Authorities

Gulfsands receives confirmation from Syria's General Petroleum Corporation that Gulfsands Petroleum Syria Limited has been granted permission to develop the Yousefieh Oil Field accumulation in Block 26 North East Syria. A production licence of 25 years duration has been granted, with the possibility of an extension if required, for a further 10 years.
26/01/2010 More »

PDVSA and Eni Sign Agreement to Develop Junin 5 Giant Heavy Oil Field in Venezuela

Rafael Ramírez, Venezuela's Minister of Energy and Petroleum and President of PDVSA, and Paolo Scaroni, Eni's CEO, today signed three strategic agreements: an agreement for the development of Junin 5, a Technology Agreement and an MoU for the construction of a power plant.
26/01/2010 More »

Tullow Signs Sale and Purchase Agreement to Buy Heritage Ugandan Interests

Tullow Uganda Limited enters into Sale and Purchase agreement with Heritage Oil & Gas Limited and Heritage Oil Plc to purchase their entire interest in Block 1 and Block 3A in Uganda.
26/01/2010 More »

Wood Group To Provide Offshore Commissioning Solutions to BHP Billiton on Angostura Brownfield Project, Offshore Trinidad

Wood Group selected by BHP Billiton to provide commissioning services for the Angostura brownfield gas export expansion project, offshore Trinidad. Work will be performed by DSI, Wood Group's commissioning services business.
26/01/2010 More »

Chevron and Kyushu Electric Sign Multiple LNG Deals

Chevron Corporation today announced that its Australian subsidiaries have signed multiple Heads of Agreements (HOAs) with Kyushu Electric Power Co., Inc. for the delivery of liquefied natural gas (LNG) from the Chevron-operated Gorgon and Wheatstone natural gas projects.
26/01/2010 More »

Petrofac Provides Update on Area 22 Well in Don Southwest Field

Petrofac, Operator of the Don development, has provided the following update on the Area 22 well in the Don Southwest field.
25/01/2010 More »

Statoil Awards FMC Technologies $40 Million Contract

FMC Technologies announced today that it has signed an agreement with Statoil for the design and supply of subsea equipment to support its Snorre field, located in the North Sea.
25/01/2010 More »

ConocoPhillips and Statoil USA E&P Announce Shared Interest in Chukchi Sea, Gulf of Mexico

ConocoPhillips and Statoil USA E&P today announced that they have entered into a deal for Statoil to acquire a 25 percent working interest in 50 ConocoPhillips leases acquired in the Chukchi Sea federal OCS lease sale in 2008.
25/01/2010 More »

DNO International AS - Status Arbitration Proceedings

DNO Iraq AS (DNOI), a subsidiary of DNO International ASA (DNO), involved in arbitration proceedings related to certain third party interests in Kurdistan. Such third parties were not approved to be part of nor have any rights in the Production Sharing Contracts (PSC) signed by DNOI following the reviews which were completed in March 2008.
25/01/2010 More »

ConocoPhillips Announces Second Phase of Surmont Oil Sands Project

ConocoPhillips announces the second phase of the Surmont project, a Canadian oil sands steam-assisted gravity drainage (SAGD) facility. Phase 2, slated to begin initial construction in 2010, will increase Surmont's gross production capacity from 27,000 to 110,000 barrels per day.
25/01/2010 More »

ExxonMobil Signs Agreement with Iraq to Redevelop and Expand West Qurna-1 Field

ExxonMobil Corporation today announced that its affiliate ExxonMobil Iraq Limited signed an agreement with the Iraq Ministry of Oil to redevelop and expand the West Qurna-1 field in southern Iraq. Franklin said ExxonMobil also would continue discussions with the government on other opportunities to assist Iraq in developing the country's resources.
25/01/2010 More »

Technip and Subsea 7 Awarded Subsea Installation Contract for the CWLH Redevelopment Project in Australia

Technip and Subsea 7 awarded subsea installation contract by Australia's Woodside Energy Ltd. for the Cossack Wanaea Lambert Hermes redevelopment project in Western Australia. Project team is based in Technip's office in Perth, Western Australia.
25/01/2010 More »

Air Products Supplying Multiple LNG Heat Exchangers for Gorgon Project

Air Products signs agreement with Chevron Australia to supply its proprietary liquefied natural gas process technology and equipment for three process trains producing up to 15 million tons of LNG per annum at the Gorgon Project located offshore Western Australia.
22/01/2010 More »

Eni, Occidental Petroleum and KOGAS Sign Technical Service Contract with Iraq's South Oil Company and Missan Oil Company to Redevelop Zubair Field

Eni, Occidental Petroleum and KOGAS Sign Technical Service Contract with Iraq's South Oil Company and Missan Oil Company to Redevelop Zubair Field. The consortium, led by Eni (32.81%) with partners Oxy (23.44%), KOGAS (18.75%) and the Missan Oil Company (25%), plans to increase production from the Zubair field to 1.2 million barrels of oil a day, representing an increase of more than 1 million barrels of oil per day.
22/01/2010 More »

Swiber Secures Notice of Award in Consortium for EPCIC Contract

Swiber Holdings Limited today announced a Notice of Award from a leading oil and gas operator in South Asia worth approximately US$188.8 million awarded to Swiber and its consortium partner.
22/01/2010 More »

Cape Awarded £150 Million 5 Year North Sea Contract with BP

Cape plc awarded a five year Federal Contract for the provision of Fabric Maintenance Support and Deck Operations at all of BP's nine UK North Sea assets, together with Onshore Maintenance at BP's Dimlington Gas Terminal, with a total estimated value over the period of £150 million.
21/01/2010 More »

Eni Purchases ExxonMobil Downstream Activities in Austria

Eni signs sale and purchase agreement for shares of Mobil Oil Austria GmbH and Esso Austria GmbH, respectively to Agip Austria GmbH and to Eni International B.V. Through the transaction, Eni will acquire ExxonMobil oil downstream activities in Austria.
21/01/2010 More »

AMEC Awarded FEED for £600m Gateway Underground Gas Storage Project

AMEC, together with Parsons Brinckerhoff and Senergy, appointed by Gateway Storage Company to undertake the front-end engineering design for both the offshore and onshore elements of the £600 million Gateway offshore underground gas storage scheme.
21/01/2010 More »

Alliance Engineering and Statoil USA E&P Inc Sign Gulf of Mexico Frame Agreement

Wood Group's Alliance Engineering signs frame agreement with Statoil USA E&P Inc to provide engineering and design services for Statoil's upcoming Gulf of Mexico prospects. Frame agreement includes topsides engineering, design, and project management services for production facilities and field development studies.
21/01/2010 More »

Husky Energy Provide Sunrise Oil Sands Project Update

Husky Energy completes front end engineering and design (FEED) for Phase 1 of the Sunrise Oil Sands Project and obtains necessary approvals from the Government of Alberta, Environment Department and the Energy Resources and Conservation Board (ERCB) to proceed with the project.
20/01/2010 More »

Technip Awarded Subsea Contract in West Africa

Technip awarded lump sum contract by Noble Energy EG Ltd. for development of the Aseng field, located in Block "I" offshore Equatorial Guinea. Technip's operating centre in Paris will execute this contract.
20/01/2010 More »

Jacobs Receives Contract From Hyundai Engineering for New Sulphur Recovery Unit

Jacobs Engineering Group today that it received a contract from Hyundai Engineering Co., Ltd. (HEC) to license and design its proprietary SUPERCLAUS(R) technology for a desulphurization unit at a new gas plant in Turkmenistan.
19/01/2010 More »

Tullow Exercises Pre-emption Right on Proposed Sale of Heritage's Ugandan Assets

Tullow Oil plc announces that on Sunday, 17 January 2010, its subsidiary, Tullow Uganda Limited, exercised its right of pre-emption in respect of the proposed sale by Heritage Oil & Gas Limited of its 50% interest in Blocks 1 and 3A in Uganda.
18/01/2010 More »

Iraq and Shell Consortium Sign the Majnoon Oilfield Contract

Ministry of Oil of the Republic of Iraq, Royal Dutch Shell plc and Petronas Carigali today signed a 20-year contract to provide technical assistance in the development of the Majnoon oilfield.
17/01/2010 More »

Judgement In Case on Kårstø Expansion

Stavanger District Court handed down its decision today in a case between the Norwegian government, represented by the Ministry of Petroleum and Energy, and Statoil ASA. The court agrees with Statoil's view that the government was not entitled to a transfer of interests in the Mikkel field in the Norwegian Sea.
15/01/2010 More »

Wood Group's Electric Submersible Pumps Chosen by Meta Petroleum for Rubiales Field in Colombia

Wood Group selected by Meta Petroleum to provide approximately 200 electric submersible pumps (ESPs), 30 variable speed drives and downhole sensors for use in the Rubiales Field in Colombia. The three-year, multi-million dollar contract includes provision, maintenance and servicing of the equipment.
14/01/2010 More »

Petrofac Limited Acquires Mechanical Services Business

Petrofac confirms the acquisition of Scotvalve Services Limited (Scotvalve), a UK-based services company, from Scotvalve's management, for an initial cash consideration of £3 million. A further consideration of up to £2 million will be payable in cash and/or shares over three years, subject to achieving certain agreed performance targets.
14/01/2010 More »

Apache Acquires 51% Stake and Reserves Throughput Capacity in Canada's Kitimat LNG Project

Apache Corporation today announced that its Apache Canada Ltd. subsidiary agreed to acquire 51 percent of Kitimat LNG Inc.'s planned liquefied natural gas export terminal in British Columbia. Apache also reserved 51 percent of capacity in the terminal. The project will employ an estimated 1500 people during construction and 100 on a permanent basis.
14/01/2010 More »

Lukoil Board of Directors Summarizes Company's Performance in 2009 and Set Priorities for 2010

OAO LUKOIL Board of Directors hold meeting in Moscow to summarize the Company's preliminary performance results in 2009 and set priority tasks for 2010. According to preliminary estimates, hydrocarbon reserves increment under the Russian classification reached 105.8 million tons of reference fuel in 2009. One oil field and 17 deposits in previously explored fields were discovered.
13/01/2010 More »

ExxonMobil Technology to Extend Production Life of Hawkins Field in Texas

ExxonMobil Production Company today announced a project at the Hawkins Field in northeast Texas to recover the equivalent of an additional 40 million barrels of oil. New facilities will be installed at the Hawkins Field to recover and reinject nitrogen and other gases from the field's natural gas production.
13/01/2010 More »

Marathon Oil Corporation Provides Fourth Quarter 2009 Interim Update

Marathon Oil Corporation today is providing information on market factors and operating conditions that occurred during the fourth quarter of 2009 that could impact the Company's quarterly financial results.
13/01/2010 More »

KBR Receives Arbitration Award Against PEMEX

KBR announced today its Mexican subsidiary, Commisa, received an arbitration award against Pemex Exploration and Production (PEP), a subsidiary of PEMEX, the Mexican national oil company. The base award is in the amount of approximately $286M.
12/01/2010 More »

Alliance Engineering Awarded Compressor Station Expansion Project from Gulfstream Natural Gas System

Wood Group's Alliance Engineering awarded contract to provide engineering, design and procurement support services for expansion of Compressor Station 420, part of the Gulfstream Natural Gas System in Florida.
12/01/2010 More »

Jacobs Consortium Receives Long-Term Services Contract from NAM in The Netherlands

Jacobs Engineering Group to provide engineering services within consortium that received an umbrella contract from Nederlandse Aardolie Maatschappij B.V. (NAM), a 50/50 joint venture between Shell and ExxonMobil.
12/01/2010 More »

Talisman Energy Budgets $5.2 Billion in Capital Spending

Talisman Energy Inc. announces its capital spending plans for 2010. The company expects to increase spending this year, reflecting increases in shale drilling in North America and higher development spending in Southeast Asia and the North Sea.
11/01/2010 More »

Total Tackles Climate Change with the Inauguration of Carbon Capture and Storage Demonstration Facility

Total today inaugurated Europe's first end-to-end carbon capture, transportation and storage demonstration facility, in Lacq, southwestern France, at a ceremony attended by Valérie Létard, France's Secretary of State for Green Technology and Climate Negotiations. This technology will help to reduce greenhouse gas emissions from industrial facilities that use fuel oil, natural gas and coal, such as power plants, steel plants, cement plants and refineries.
11/01/2010 More »

Royal Canadian Mounted Police Development In Bombing Investigation

EnCana pleased to see Royal Canadian Mounted Police has advanced its investigation into the bombings of natural gas facilities near Dawson Creek, British Columbia.
08/01/2010 More »

Oil & Gas UK: More Investment in UK Gas Production Required Alongside Storage to Secure Supply

Oil & Gas UK's energy policy manager, David Odling, today warned against downplaying the remaining potential of the UKs indigenous gas in securing our energy supplies. While production is past its peak, there could be 1.5 trillion cubic metres of gas to be recovered, which would satisfy a significant proportion of demand in 2020 and beyond.
08/01/2010 More »

Chevron and Nippon Oil Corporation Sign Gorgon Natural Gas Agreement

Chevron Australian subsidiaries and Nippon Oil sign Heads of Agreement for the delivery of 0.3 million metric tons per year of LNG for 15 years from the Chevron-operated Gorgon Project.
07/01/2010 More »

Jacobs Awarded Gas Storage Facility Renovation Project by Storengy

Jacobs Engineering Group receives contract from Storengy to provide engineering, procurement, and construction management (EPCM) services to upgrade an underground gas-storage facility in Cere-la-Ronde, France.
05/01/2010 More »

Petrofac Appointed by Turkmengas on South Yoloten Gas Field Development

First phase of contract signed with Petrofac International (UAE) LLC will involve Petrofac completing front end engineering and design study for the project together with initial planning and set-up studies.
05/01/2010 More »