Company News - Page 1

Seadrill wins rig charter contracts
Tuesday, February 07, 2012 Seadrill, an offshore deepwater drilling company, has secured new charter contracts for three jack-up...

Swiber secures offshore construction and vessel chartering contracts
Monday, February 06, 2012 Singapore-based offshore oil and gas industry service provider Swiber Holdings has secured contracts totalling $216m for offshore construction projects, as well as vessel chartering services...

Oil & Gas UK still opposed to EU regulation for UK offshore industry
Friday, February 03, 2012 Oil & Gas UK has reiterated its earlier opposition to the European Commission's proposed safety regulation for the UK's offshore oil and gas...

Aker Solutions buys Sandnessjøen Engineering
Friday, February 03, 2012 Aker Solutions has acquired Norwegian engineering firm Sandnessjøen Engineering for an undisclosed...

Lux Assure introduces chemical detection kit
Thursday, February 02, 2012 UK-based Lux Assure has launched a new chemical detection kit for the oil and gas sector, which determines the concentration of methanol or monoethylene glycol (MEG) in oil and...

Ensco to supply semi-submersible rig for Anadarko
Thursday, February 02, 2012 A subsidiary of UK-based provider of offshore drilling services Ensco has secured a $480m contract from US firm Anadarko Petroleum, for the ultra-deepwater semi-submersible rig of its 8500...

Statoil selects Spar platform to develop Luva gas field
Wednesday, February 01, 2012 Norway-based oil and gas firm Statoil, in cooperation with ExxonMobil and ConocoPhillips, has selected a Spar platform for the development of the Luva gas field in the Norwegian...

Santos starts gas production at Wortel project, Indonesia
Wednesday, February 01, 2012 Santos, the Australian oil and gas firm, has started gas production from the Wortel discovery off the coast of...

GE Oil & Gas secures $1bn contracts for Ichthys LNG project
Tuesday, January 31, 2012 GE Oil & Gas has won contracts worth more than $1bn to supply equipment and services for the Ichthys LNG project in...

Rialto Energy to raise $60m for Gazelle field
Monday, January 30, 2012 Australian independent oil and gas company Rialto Energy has unveiled plans to raise $60m in share capital to support its Gazelle field exploration and development programme located off the...

Camac secures operatorship contract for two offshore exploration blocks
Monday, January 30, 2012 US-based energy company Camac Energy has secured a contract from the Gambian Ministry of Petroleum to be the operator of two offshore exploration blocks in the West African Transform...

Technip secures design contract for Wheatstone project in Australia
Friday, January 27, 2012 French engineering company Technip Oceania (TPO) has secured a €90m contract for the detailed design of Chevron's Wheatstone offshore gas processing platform located 200km off the coast of...

Leni Gas & Oil to start drilling in Gulf of Mexico next week
Friday, January 27, 2012 Leni Gas & Oil (LGO) has announced that drilling on the Eugene Island field in the Gulf of Mexico could begin next week, with the Ocean Columbia jack-up rig arriving...

McDermott secures $2bn subsea contract for Ichthys field development
Thursday, January 26, 2012 A McDermott International subsidiary has won a $2bn subsea contract from Japan-based Inpex for the Ichthys gas-condensate field development in...

AWE acquires Indonesian offshore assets
Tuesday, January 24, 2012 AWE Limited has executed a sale and purchase agreement with a Genting Berhad subsidiary to acquire a 100% interest and operatorship in two production sharing contracts offshore Indonesia for...

European Union approves ban on Iranian oil imports
Tuesday, January 24, 2012 The European Union (EU) has approved a gradual ban on all future contracts to import Iranian oil as part of an international effort to put pressure on Iran's controversial nuclear...

Shell Canada to invest in Nova Scotia exploration
Monday, January 23, 2012 Shell Canada will spend $970m on exploring offshore oil and gas deposits in Nova Scotia, Canada, over the next six...

Lundin unit submits plan for Luno oilfield development
Friday, January 20, 2012 Lundin Norway, a unit of Lundin Petroleum, and its partners Wintershall and RWE Dea, has submitted a plan for development and operation (PDO) to the Norwegian Ministry of Petroleum and Energy...

Saipem secures $1.8bn E&C contracts for Ichthys project
Thursday, January 19, 2012 Saipem has been awarded engineering and construction contracts worth $1.8bn to be carried out by its newly built Castorone pipelay...

AGR wins Statoil well-management contract in Norway
Wednesday, January 18, 2012 AGR, a provider of technologies and services to the petroleum industry, has been awarded a frame contract worth Nkr100m-130m ($17m-21m) from Statoil to provide well-management services in...