Negotiations have been launched between the federal government and Quebec in an attempt to strike an offshore drilling deal similar to those… The Chronicle Herald Source: thechronicleherald, July 30, 2010:
Lundin Norway AS (Lundin Petroleum) has received consent to conduct exploration drilling of well 16/1-14 in PL 338. The well will be drilled with the mobile drilling facility Transocean Winner The purpose of drilling is to investigate the production characteristics of the formation. The drilling location is approximately 175 km from the coast of SW [...]
The Board of Directors of Total, led by Chairman and CEO Christophe de Margerie, met on July 29, 2010 to review the Group’s second quarter and first half 2010 accounts. Adjusted net income for the second quarter 2010 was 2,961 million euros (M€), an increase of 72% compared to the second quarter 2009 and 29% [...]
Kea Petroleum plc announced that the New Zealand Minister of Energy has given his formal approval, under the Crown Minerals Act 1991, to the acquisition by the Group’s wholly owned subsidiary, Kea Oil and Gas Limited, of a 100% interest in Petroleum Exploration Permit PEP 381204 from Genesis Power Limited, a wholly owned subsidiary of [...]
The topside for the second phase of the Akcakoca field development was fabricated within GSP Shipyard. The load out operation was carried out under the supervision of the project management team and the beneficiary’s representatives. GSP Neptun, the 1800 tons heavy lift crane barge, performed the load out of the double-decked topsides onboard GSP Bigfoot [...]
AWE Limited announces that its Managing Director, Bruce Wood, has advised he has decided to retire on or about his 60th birthday and consequently has given twelve months notice under his employment contract. The Board has launched a global executive search for his replacement. The board and Bruce have decided that he will continue in [...]
Subsea 7, one of the world’s leading subsea engineering and construction companies has chosen BlueView Technologies to provide an acoustic imaging system for its new line of Autonomous Inspection Vehicles (AIVs). Under this agreement, BlueView will deliver both forward looking navigation and tracking sonar as well as ultra-high resolution MicroBathymetry sonar for three dimensional tracking [...]
Seadrill has been awarded a six months contract extention for the ultra-deepwater semi-submersible drilling rig West Hercules by Husky Oil China Ltd. The estimated value of the contract extention is approximately US$90 million. The extention secures continued employment for the ultra-deepwater unit offshore China until May 2012. Husky Oil China Ltd. has the right to [...]
CGGVeritas announced today, at the proposal of FSI (Fonds Strategique d’Investissement) and the approval of CGGVeritas Board , that Mr. Denis Ranque will sit on the CGGVeritas Board of Directors on behalf of the FSI. Mr. Denis Ranque became a director of CGGVeritas on May 5th 2010, the date of the last shareholders meeting. About [...]
EXXONMOBIL’S CHAIRMAN REX W. TILLERSON COMMENTED: “ExxonMobil’s focus on operational excellence continues to deliver strong results. Second quarter earnings, excluding special items, of $7.6 billion, were up 85% from second quarter of last year reflecting higher crude oil realizations, improved downstream margins, and strong chemical results. First half earnings, excluding special items, of $13.9 billion [...]
