Oil continues to leak at ConocoPhillips’s two platforms in northeast Bohai Bay more than two weeks after Chinese authorities ordered a … China Daily Source: China Daily, July 31, 2011;
Petrobras’ CFO and Investor Relations officer, Almir Guilherme Barbassa, was named the 2010 CFO of the Year in Brazil, in the Expansion category. The award was granted by Latin Trade, the premier pan-regional business publication in Latin America and the Caribbean for 18 years. The CFO of the Year Awards recognizes financial executives who have [...]
The Board of Directors of Eni established the Nomination Committee, led by the Chairman of the Board of Directors, Giuseppe Recchi, and composed by the Chairmen of the other Board Committees: Alessandro Lorenzi (Chairman of the Internal Control Committee) Alessandro Profumo (Chairman of the Oil-Gas Energy Committee) and Mario Resca (Chairman of the Compensation Committee). [...]
Cameron, a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries reported net income of $148.0 million, or $0.59 per diluted share, for the quarter ended June 30, 2011, compared with net income of $129.2 million, or $0.52 per diluted share, for the second quarter of 2010. The second [...]
Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Storm Don. The Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) Hurricane Response Team is monitoring the operators’ activities. The team will be activated and continue to work with offshore operators and other state [...]
Coastal Energy Company (the “Company” or “Coastal”) announces the successful results of the first exploration well drilled at Songkhla H and the results of initial production testing on the Bua Ban North B-06 and B-08 wells. The Songkhla H-01 well was drilled to a total depth of 9,256 feet TVD and encountered 32 feet [...]
Noble Energy, Inc. reported today second quarter 2011 net income of $294 million, or $1.61 per share diluted, on revenues of $954 million. The Company’s second quarter 2010 net income was $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the second quarter 2011 includes unrealized commodity derivative gains, [...]
TransAtlantic has received delivery of Magne Viking AHTS vessel from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be flagged up in the Danish register of ships, DIS. Magne Viking is the third new‐build in a series of four, which are being built at the Spanish shipyard. The last vessel in the series, [...]
CGGVeritas announced today that it has signed a strategic agreement with Spectrum, a Norwegian multi-client company, for the contribution by CGGVeritas of its 2D Multi-client marine library for a consideration in cash and a major equity position in Spectrum. CGGVeritas has reached a strategic agreement with Spectrum whereby Spectrum will purchase over 500,000 km of [...]
Spanish oil major Repsol YPF will begin drilling off the coast of Cuba in November, the company’s COO Miguel Martínez announced in a … By James Fowler (Business News Americas) Source: Business News Americas, July 29, 2011;
