Royal Dutch Shell’s fourth quarter 2011 earnings, on a current cost of supplies (CCS) basis, were $6.5 billion compared with $5.7 billion in the same quarter a year ago. Full year 2011 CCS earnings were $28.6 billion compared with $18.6 billion in 2010. Fourth quarter 2011 CCS earnings excluding identified items were $4.8 billion compared [...]
Leading international oilfield services company Expro has been awarded a multi-million pound multi-discipline five year contract with Shell UIE. Expro has won the primary Slickline/Multiline contract across Shell UIE, which includes the UK, Ireland, Norway and the Netherlands. Additionally, Expro has been awarded a contract to provide well testing, drill stem testing (DST) tools and [...]
DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. DOF Rederi AS, a daughter company of DOF ASA, has entered into 2 new contracts and one extension of an existing contract with Shell. For the Skandi Foula and the Skandi Rona the firm contract periods are 5 [...]
The Gazprom headquarters hosted last week a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties tackled the issues of bilateral cooperation as part of the Sakhalin II project. They also addressed the joint efforts of Gazprom and Shell within the [...]
January 23, 2012 | Posted in
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North Atlantic Drilling has been awarded an 18 month contract extension for the drillship West Navigator by A/S Norske Shell. This contract extension will secure employment for West Navigator until end of June 2014. The estimated revenue value for the contract extension is US$320 million. Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS [...]
January 20, 2012 | Posted in
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Chevron Corp. today announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia. The Satyr-3 well encountered approximately 243 feet (74 meters) of net gas pay. The well is located 113 miles (182 kilometers) north of Exmouth in the WA-374-P permit area, and was drilled in 3,688 feet [...]
Dayang Group’s subsidiary, DESB Marine Service, has secured a contract extension worth RM85mil (27.3 million) for the charter of its workboat, Dayang Zamrud, for well Reservoir Management to Brunei Shell Petroleum Co Sdn Bhd. The new contract is from March 1 to Oct 31, 2016. “The contract extension is expected to contribute positively to the [...]
January 19, 2012 | Posted in
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Nexus Energy Limited has signed a non- binding Heads of Agreement (HOA) with Shell Development (Australia) Pty Ltd ( Shell) and Osaka Gas Crux Pty Ltd ( Osaka Gas) to exclusively pursue a Shell-led integrated gas and liquids development to commercialise the Crux asset. As previously announced, Nexus has been progressing in parallel various commercialisation [...]
Tullow and Shell have signed a non-binding Memorandum of Understanding to partner for new frontier exploration in select basins and geological plays around the Atlantic Basin. Both companies will pursue and evaluate transformational geological plays in underexplored frontier basins together. This partnership combines the knowledge base and specialist capabilities of both companies to allow more [...]
January 18, 2012 | Posted in
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Petronas and Shell Malaysia today signed two new production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The contracts build upon two existing PSCs for fields in the Baram Delta Operations area and North Sabah, where oil has been produced for decades using mainly primary and secondary recovery techniques. The [...]
January 16, 2012 | Posted in
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