Oil prices rise on Nigerian supply worries
Oil markets rose this morning on worries of supply disruption from Nigeria, while positive demand about Spain and Italy's debt sales eased eurozone debt woes.
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Oil markets rose this morning on worries of supply disruption from Nigeria, while positive demand about Spain and Italy's debt sales eased eurozone debt woes.
CGGVeritas has secured a contract from MEO Australia for the acquisition of three marine seismic surveys, offshore Northern Australia.
Oil markets rose this morning as worries about supply disruptions from Nigeria and Iran offset pressure from a high inventory build and eurozone debt woes.
Danish rig owner Maersk Drilling has entered an agreement with ConocoPhillips to charter a jack-up rig to be deployed in the UK North Sea.
Oil and gas company Woodside has set a new world record for drilling the deepest well on the Tidepole East-1 exploration well, offshore Western Australia.
Oil prices dropped this morning as Europe's debt crisis and a rise in US oil inventories overshadowed concerns about supply disruptions from Iran and Nigeria.
France-based Technip has secured a €135m contract from UK-based Nexen Petroleum for the Golden Eagle development project in the UK North Sea.
Abu Dhabi-based National Petroleum Construction Company (NPCC) has been awarded an engineering and construction contract worth AED550m ($149.7m) from India's Oil and Natural Gas Corporation (ONGC).
DNV, a global provider of risk management services, has launched a deepwater technology centre in Singapore.
Brent crude rose 61¢ to above $113 on Tuesday as tensions heightened over Iran's nuclear programme and unrest in Nigeria.