20 October 2011
Petrel awarded two Irish offshore blocks
Petrel Resources has been awarded two licensing options in the Porcupine Basin, offshore Ireland.
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20 October 2011
Clough Amec wins Bayu Undan maintenance services contract
Clough Amec has been awarded a new contract by ConocoPhillips to provide offshore maintenance services to the Bayu Undan facilities located in the Timor Sea.
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20 October 2011
Oil prices steady ahead of eurozone debt crisis summit
Brent crude prices held steady this morning on optimism that policymakers would move closer to resolving the eurozone debt crisis at a meeting to be held this weekend and stem...
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19 October 2011
Lundin confirms extension of Aldous Major South appraisal well
Swedish oil and gas company Lundin Petroleum has confirmed the northern extension of the Aldous Major South discovery, which is located in the Norwegian North Sea.
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19 October 2011
Aurelian discovers gas in Krzesinki-1 exploration well
Aurelian Oil & Gas has discovered gas at the Krzesinki-1 exploration well in block 207, offshore Poland.
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19 October 2011
Europe’s debt plan hits oil markets
Brent crude futures fell by 47¢ to stand at $107.92 a barrel this morning on concerns that Europe's failure to curtail the region's debt crisis could affect oil demand.
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19 October 2011
Atwood Oceanics subsidiary wins Hess charter contract
A subsidiary of Atwood Oceanics has received a charter contract for a drilling unit from Hess Corporation.
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21 September 2011
Oil prices fall on weak Federal Reserve economic measures
US crude fell by $1.46 to stand at $84.46 a barrel and Brent crude slid by $1.72 to $108.64 after insufficient measures to boost the US economy were announced by...
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21 September 2011
Tenaris and PCC Energy secure supply contract for Saudi offshore project
Tenaris and PCC Energy Group have secured a contract from Saudi Aramco to supply corrosion resistant alloy (CRA) tubing for its Arabiyah & Hasbah offshore gas development project in Saudi...
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21 September 2011
Lundin plugs dry well in Malaysian block
Lundin Petroleum has plugged and abandoned its third exploration well as a dry hole in block PM308A, offshore the east coast of Malaysia.
