The final investment decision on natural gas delivered by pipeline as well as on liquefied natural gas for the giant offshore Shtokman … By Jacob Gronholt-Pedersen ,Dow Jones, (Fox Business) Source: , April 19, 2011;
The Kuwait Foreign Petroleum Exploration Company (Kufpec) expects D-Day in August for a final investment decision on its participation in… Source: The National.ae Source:The National, April 8, 2011;
Buccaneer Energy Limited (“Buccaneer” or “the Company”)advises that the board of the Alaskan Industrial Development and Export Authority (“AIDEA”) is due to meet on 1 April 2011 (US time) / 2 April 2011 (Australian time) to consider and vote on the investment by AIDEA of up to US$30.0 million to acquire a jack-up rig [...]
The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi announced. He said that about $60 billion will be allocated to the upstream projects and about $30 billion to the [...]
Cameron has signed a Memorandum of Understanding (MOU) with Petrobras, confirming Cameron’s intent to enhance its research and development efforts in Brazil through a $30 million investment in R&D facilities at two locations. Cameron’s Jacarei plant in Sao Paulo State will add leading-edge testing capabilities, including a hyperbaric chamber, along with a high-pressure flow [...]
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Roc Oil (China) Company advises that the Beibu Gulf project joint venture parties and the Joint Management Committee (which includes CNOOC Limited) have approved the Final Investment Decision (“FID”) in respect of the WZ6-12 and WZ12-8 West Oil Fields in Block 22/12, in the Beibu Gulf, South China Sea. ROC advised on 31 January [...]
Today, 21 January, the licensees in Visund South submitted a plan for development and operation (PDO) to the Ministry of Petroleum and Energy. Production start-up is scheduled for the third quarter of 2012. Visund South, which consists of the Pan and Pandora discoveries, is located 10 kilometres from both Gullfaks C and the Visund A [...]
Gazprom’s headquarters hosted a working meeting moderated by Alexey Miller and devoted to development of the Shtokman gas and condensate field. Participating in the meeting were heads and experts of Gazprom’s structural subdivisions, subsidiaries and Shtokman Development AG. The meeting participants discussed the progress with the Shtokman project implementation. In particular, they reviewed various options [...]
W&T Offshore, Inc. (NYSE: WTI) announced today that the Company will be presenting at the 2010 IPAA Oil & Gas Investment Symposium to be held on October 12-14, 2010 at the Palace Hotel in San Francisco. Tracy Krohn, W&T Offshore’s Chairman and Chief Executive Officer, is scheduled to present on Wednesday, October 13, at 2:55 [...]
Delek Group has announced that in reference to the immediate reports dated August 19th, 2009 and July 8, 2010 the Company’s Board of Directors decided on August 4th, 2010 to increase its investment in Noble Energy Inc. (“Noble”) shares to amount up to approx. 4% of Noble’s issued and outstanding shares. Additional acquisitions (in the [...]