Cosco to Supply Drill Rigs for Sevan
Cosco Shipyard has received orders from Sevan Drilling to supply two cylindrical ultra-deepwater drilling rigs worth $525m each. The contract…
ByMonth: May 2011
US Crude Rises on Yemen, Libya Unrest
The price of US crude rose this morning amid civil unrest in Yemen and Libya, and the threat of supply…
ByTotal to Acquire 25% Interest in Qatari Block BC Licence
Total has signed an agreement with CNOOC Middle East (Qatar) for the acquisition of a 25% interest in Qatar's block…
ByAlliance Engineering Wins Noble Energy Tamar Contract
Alliance Engineering has secured a contract from Noble Energy to provide engineering and design services for the Tamar Platform Project,…
ByPemex Makes New Discovery in Gulf of Mexico
Petroleos Mexicanos (Pemex) has made a new oil discovery in a deepwater well in the Gulf of Mexico. The initial…
BySantos to Invest in Bangladeshi Drilling Activities
Santos International is to invest $100m in a three-well drilling programme offshore Bangladesh. The announcement follows a recent decision by…
ByOil Prices Rise on Likely Greek Bailout Package
The price of US crude rose this morning as the dollar weakened on improved prospects of a bailout for debt-laden…
ByBuckskin Prospect Receives US Deepwater Drilling Permit
Chevron has received a drilling permit from the Bureau of Ocean Energy Management, Regulation and Enforcement to restart drilling in…
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