Petrobras make oil discovery in the Espírito Santo Basin, Brazil
Petrobras announces the discovery of a new oil accumulation in the Cretaceous reservoirs of the Espírito Santo Basin.
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Petrobras announces the discovery of a new oil accumulation in the Cretaceous reservoirs of the Espírito Santo Basin.
Exxon Mobil Corporation today announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well.
Total is to sell its entire stake in Gassled to Silex Gas Norway AS, a wholly owned subsidiary of Allianz, for a price of NOK 4.64 billion (approximately US$ 870 million).
Sable Mining Africa Ltd has acquired a 49% interest in Liberation Mining (Pvt) Ltd, holder of the 16,545 ha. Special Grant 4977 which covers the Lubimbi coal project in the Gwaai area of the Kariba coal basin in Zimbabwe.
The Petrobras Board of Directors has given the go-ahead for the bidding process to award contracts for up to 21 offshore drilling rigs to be built in Brazil, and to meet the company's exploratory and production development needs.
Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for US$ 3.25 billion. Following this transaction, Statoil will continue to own 5.0% in the jv.
Kosmos Energy announces today that the company’s Banda-1 exploration well has discovered oil offshore the Republic of Ghana on the West Cape Three Points Block.
Petronet LNG Ltd and Gazprom Global LNG have concluded a memorandum of understanding for the long term supply of 2.5 million tpy of LNG for up to 25 years.
Hyundai Heavy Industries has won a US$ 600 million order to build two 155,000 m3 LNG carriers, and has another order from Rowan Companies for two drillships worth US$ 1.12 billion.
The American Petroleum Institute has commented that the US Environmental Protection Agency’s regulations on ozone and greenhouse gases are top threats in job growth.
For many industry and government leaders, the evolution to the smart grid seems inevitable. But without similar progress on security, the industry faces major challenges.
McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 in. in diameter, in Mexico’s Bay of Campeche.