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Otto Energy Gives Up Stake in SC 69 (Philippines)

Otto Energy Limited has decided to relinquish its 79% stake in Service Contract 69, offshore the Visayas in the ...

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PGS Wraps Ups Seismic Sweep Offshore Lebanon

PGS has completed its 6th MC3D survey offshore Lebanon, in preparation for the upcoming license round.  On February ...

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Seadrill Ups Stake in AOD

Seadrill Ups Stake in AOD

Seadrill yesterday bought additional 1,887 shares of Asia Offshore Drilling Limited (AOD) at a price of NOK 28.70 ...

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Boskalis Ups Stake in Dockwise to 29 Pct (The Netherlands)

Boskalis Ups Stake in Dockwise to 29 pct (The Netherlands)

Royal Boskalis Westminster N.V. (“Boskalis”) yesterday acquired approximately 11.5 million shares in ...

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Seadrill Ups Its Stake in Asia Offshore Drilling Limited

Seadrill Ups its Stake in Asia Offshore Drilling Limited

One of the largest drilling contractors in the world, Seadrill Limited, has increased its ownership in Asia ...

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USA: MTNW Installs Winch Control Systems on Rowan Jack-ups

MTNW Installs Winch Control Systems on Rowan Jack-ups

Measurement Technology NW (MTNW) announces successful installation and commissioning of winch control systems for ...

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Norway: Statoil Ups Snohvit Gas Reserves Estimate

Norway: Statoil Ups Snohvit Gas Reserves Estimate

Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic ...

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Philippines: D & M Review Ups Nido ...

An independent report has increased Nido Petroleum Limited’s prospective resources in the Company’s NW ...

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Brazil: Petrobras Ups its June Oil & Gas Output

Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% ...

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Australia: Woodside Ups Pluto Cost Estimate to USD 15.8 ...

Woodside announced that it has revised the expected cost and schedule of the Pluto LNG Project following its ...

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