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MMS Finalizes Stats on GOM Production, Hurricane Dolly
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Thursday, July 24, 2008 - MMS is concluding its activities related to Hurricane Dolly. This is the final update of evacuation and shut-in production statistics for Hurricane Dolly. As of today, personnel have been evacuated from a total of 43 production platforms.
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| The Arctic Holds an Estimated 90B Barrels of Crude, 1,670TCF of Gas [7/23/2008] |
| ConocoPhillips' Jim Mulva Talks Q3 Plans [7/23/2008] |
| more Industry Headlines articles >> |
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SCAN Kicks Off 2D Seismic for Petrobras Offshore Portugal
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Thursday, July 24, 2008 - SCAN Geophysical successfully began acquisition of more than 8,500 Km of 2D data offshore Portugal for Petrobras, on behalf of a consortium formed with Galp and Partex, with its seismic vessel, M/V Geo Searcher.
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PSA Norway Keeps Its Eye on StatoilHydro
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Thursday, July 24, 2008 - According to PSA Norway, the work of integrating StatoilHydro must ensure that operations are acceptable and comply with Norwegian regulations.
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Protec Inks Agreement for Ukrainian O&G Projects
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Thursday, July 24, 2008 - Protec signed a LOI with a Swiss company to acquire certain interests in Ukraine oil and gas projects. In a JV agreement with EEU, Protec will pay 100% of costs in the Moshkarev Field to earn 75% of EEU's Net Revenue Interest.
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Origin P&A New Zealand's Momoho 1
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Thursday, July 24, 2008 - Origin Energy advised that on July 23, plug and abandonment operations were completed on Momoho 1, which was drilled by the jackup ENSCO 107.
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| EnerGulf Wraps Up Aeromag, Gravity Surveys of Lotshi Block [7/24/2008] |
| Gold Oil Completes Sand Zone Testing at Palmera-1 in Colombia [7/24/2008] |
| Europa Scores East Midlands Concession, Inks LOI [7/24/2008] |
| more Exploration articles >> |
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BHP Billiton Hits Full Capacity at GOM's Neptune Platform
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Thursday, July 24, 2008 - BHP Billiton's Neptune Tension Leg Platform in the deepwater Gulf of Mexico, which began production on July 6, has five of six wells on line and has already ramped up the oil production to full design capacity of 50,000 bopd.
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Saipem Snags $1.6B Euro Orders for Saudi Arabia, Nigeria
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Thursday, July 24, 2008 - Saipem was awarded new onshore orders worth a total of approximately 1.6 billion euro in Saudi Arabia and Nigeria, including an EPC contract from Saudi Aramco for work on the Manifa Central Processing Facilities project.
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Dana Production Up, Plans 17 Wells for 2008
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Thursday, July 24, 2008 - Dana reported that its 2007 average daily oil and gas production grew by 37% to 30,514 boepd, and now produces oil and gas from 30 fields across 4 countries; the UK, Egypt, Norway and the Netherlands, while currently exploring in 11 other countries.
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| EnCana Ups Production Forecast for 2008 [7/24/2008] |
| Pan Orient Flows Successfully at NSE-A3 Well [7/24/2008] |
| Encore Pleased with Production from Bakken Well [7/24/2008] |
| more Production articles >> |
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Petro-Canada Increases Quarterly Dividend by 54%
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Thursday, July 24, 2008 - Petro-Canada declared a quarterly dividend of $0.20 per share on the Company's outstanding common shares, a 54% increase compared with the $0.13 per share dividend declared in April 2008.
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IterOil Files Preliminary Base Shelf Prospectus
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Wednesday, July 23, 2008 - InterOil filed a preliminary short form base shelf prospectus with the Ontario Securities Commission and a corresponding registration statement on Form F-10 with the U.S. Securities and Exchange Commission.
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Ithaca Engages Companies for $70MM Offering
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Wednesday, July 23, 2008 - Ithaca engaged RBC Capital Markets and Tristone Capital to act as joint bookrunners of a marketed offering of common shares of the Company, with aggregate process from the Offering estimated at $70 million.
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Penn West Nabs Endev, to De-List
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Tuesday, July 22, 2008 - Penn West Energy has acquired Endev Energy. Letters of transmittal have been forwarded to Endev Shareholders to be utilized in order to exchange their Endev Shares for Penn West Units and to receive future distributions on such Penn West Units.
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| Noble Declares Quarterly Cash Dividend [7/22/2008] |
| more Finance and Investing articles >> |
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MIS to Build 2 Jackups for Mosvold
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Thursday, July 24, 2008 - MIS signed new rig-building contracts worth $334 million for the detail design and construction of two offshore jackup drilling rigs, Hull 106 and Hull 108, for Mosvold Middle East Jackup.
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Diamond Offshore Inks $900MM in LOIs for 4 Semis
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Thursday, July 24, 2008 - Diamond Offshore Drilling has signed LOIs concerning four semis, for a total consideration of approximately $900 million. The rigs are the Ocean Ambassador, Ocean Star, Ocean America and Ocean Victory.
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| COOEC Inks First Foreign Crane Fabrication Contract in the Netherlands [7/24/2008] |
| Entek Underscores Reserves Estimate, Income for El Capitan Prospect [7/24/2008] |
| Oil Search Signs Domestic Gas MOU with Papua New Guinea Gov [7/24/2008] |
| India's GAIL, BPCL Ink New MoU Agreement [7/24/2008] |
| Intersoft, Logica Systems Introduce Muster System in GOM O&G Industry [7/24/2008] |
| Diamond Offshore Drilling Reports Q2 Net Income of $416MM [7/24/2008] |
| Rolls-Royce Zeros in on 2008 Interim Results [7/24/2008] |
| Husky Energy Announces Second Quarter and Six Month Results [7/24/2008] |
| Oilennium Launches New O&G Learning Systems [7/24/2008] |
| Noble Reports 2Q Earnings [7/24/2008] |
| 3M's Profits Boom to $6.7B, Up 9.7% [7/24/2008] |
| Energy Cranes Names New Non-Executive Chairman [7/24/2008] |
| Suncor Energy Posts Positive Second Quarter Results [7/24/2008] |
| BG to Sell Contact Energy Under Origin Bid Plan [7/24/2008] |
| Oxy Reports Net Income of $2.297B for 2Q 2008 [7/24/2008] |
| ENSCO Increases Net Income for 2Q 2008 by 17% [7/24/2008] |
| Ryland Oil Names New Senior Petroleum Engineer [7/24/2008] |
| DETNOR Plans to Merge with NOIL [7/24/2008] |
| China North East Announces Preliminary Second Quarter Results [7/24/2008] |
| Total Increases Synenco Acquisition Offer to CA$10.25 per Share [7/24/2008] |
| Pancontinental Highlights Quarterly Operations [7/24/2008] |
| Newfield Updates on Q2 Results, Field Operations in U.S., Malaysia [7/24/2008] |
| BG Group Posts Bumper Second Quarter [7/24/2008] |
| Smith Reports Quarterly Earnings of 91 Cents Per Share [7/24/2008] |
| Noreco Boasts Strongest Quarter in Company History [7/24/2008] |
| Tracerco Appoints Dr. Vince Croud as Technical Director [7/24/2008] |
| Sensornet Names New International VPs, Promotion to COO [7/24/2008] |
| more Company Operations articles >> |