Press Releases
Wednesday, March 17th, 2010
Hamburg-based RWE Dea remains on its growth track in the international gas and oil business, as numerous operational successes prove. Despite the economic crisis in 2009 and significantly lower prices ...
Wednesday, March 17th, 2010
Aker Solutions' geo business has signed a three-year frame agreement with Statoil to supply sub-surface consultancy services within the areas of production geology, exploration geology and reservoir technology. Contract value ...
Wednesday, March 17th, 2010
Dolphin AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a Contract with Statoil for a 3 year drilling contract for the semi submersible drilling rig Bideford Dolphin ...
Tuesday, March 16th, 2010
CGGVeritas announced today that its Hampson-Russell Software & Services division has sold full commercial rights of its GLI3D refraction statics software to GeoTomo LLC. Based in Houston, GeoTomo creates and ...
Tuesday, March 16th, 2010
Petrobras, announces a new discovery of light oil in sandstone reservoirs located in the Sergipe Basin, in the post-salt layer of the Piranema area.The economically recoverable volume of oil is ...
Tuesday, March 16th, 2010
Deepwater Champion capable of drilling 12,190 meters in up to 3,660 meters of water
Ultra-deepwater drillship to undertake 2011 drilling program in Turkish Black Sea
ANKARA, Turkey--(BUSINESS WIRE)--ExxonMobil Exploration and ...
Tuesday, March 16th, 2010
On Tuesday, 16 March 2010 Royal Dutch Shell plc gave an update on the Royal Dutch Shell plc strategy. You can register for the webcasts.
Shell today said it was ...
Tuesday, March 16th, 2010
New Fuel and Lubricants Package Launched by Long-Standing Technology Partner ExxonMobil
FAIRFAX, Va.--(BUSINESS WIRE)--ExxonMobil, Technology Partner to the Vodafone McLaren Mercedes team since 1995, has introduced an innovative new lubricant ...
Monday, March 15th, 2010
BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly enhance its position in core strategic areas
In a broad-ranging deal, ...
Saturday, March 13th, 2010
Completes Sales Agreements and Financing Arrangements
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) today announced that sales and purchase agreements with liquefied natural gas (LNG) buyers and financing arrangements with ...
Saturday, March 13th, 2010
Petróleo Brasileiro S.A – Petrobras, informs that on March 10, 2010, the United States District Court for the South District of Texas confirmed an arbitration award issued on April 10, ...
Friday, March 12th, 2010
nchor Industries, supplier of marine and offshore mooring as well as lifting and rigging equipment in Southern Africa, will be participating in the Oil & Gas Africa 2010 exhibition from ...
Friday, March 12th, 2010
Scapa Cable Solutions is pleased to announce that it will be exhibiting at Wire 2010 in Düsseldorf, Germany. The exhibition will run between 12-16 April at the Messe Düsseldorf.
If you ...
Thursday, March 11th, 2010
Next Generation Drillship Has Unsurpassed Drilling Capabilities
Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that it has commenced operations on the Discoverer Inspiration, an ...
Thursday, March 11th, 2010
The Board of Directors approved Eni’s consolidated financial statements and the draft financial statements of the parent company for the year ended December 31, 2009.
■Net profit for the year: €4.37 ...
Thursday, March 11th, 2010
Petróleo Brasileiro S.A. - Petrobras announces an oil discovery in the Balay exploration block, in Colombia, operated by its subsidiary Petrobras Colombia Limited which holds a 45% working interest. The ...
Thursday, March 11th, 2010
The Church of England's two biggest investments, totalling in excess of £200 million, are in the oil companies Shell and BP. The Church also has a major investment in Exxon ...
Wednesday, March 10th, 2010
Where will the energy come from, as more of the world’s net exporters become net importers?
Britain, Argentina, Indonesia, and others have become net importers in recent years. Mexico and Columbia ...
Wednesday, March 10th, 2010
Development Contingent on Sensible Policy Decisions
HOUSTON--(BUSINESS WIRE)--The development of natural gas resources from around the world will play an important role in the future global economy, Tom Walters, president ...
Wednesday, March 10th, 2010
The RWE Group expands its commitment in Azerbaijan. The company and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a memorandum of understanding to draw up ...
Wednesday, March 10th, 2010
Al Arbeed: “We are committed to promote and develop the energy sector of the region and support events such as MEPEX”
Dana Gas, the Middle East's first and largest regional ...
Tuesday, March 9th, 2010
Nineteen major energy companies reported almost a 300-percent increase in net income relative to the fourth quarter of 2008 (Q408). However, net income during the fourth quarter of 2009 (Q409) ...
Tuesday, March 9th, 2010
Fourth Quarter 2009 Key Findings
Net Income: $13.7 billion Revenues: $261.6 billion
•Nineteen major energy companies reported almost a 300-percent increase in net income relative to the fourth quarter of ...
Tuesday, March 9th, 2010
Songa Offshore is pleased to announce that a firm contract for use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the ...
Tuesday, March 9th, 2010
Estimated 35-70 billion cubic feet of gas reserves added and a new gas field brought on stream ahead of schedule
Dana Gas PJSC, the Middle East's first and largest regional ...
Tuesday, March 9th, 2010
Aker Solutions has signed a major contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Production Storage and Offloading) platforms which will operate offshore Brazil. Contract value ...
Tuesday, March 9th, 2010
Upstream growth driven by Australian natural gas developments and a deep queue of major capital projectsDownstream taking actions to improve returns amid difficult global market conditions
NEW YORK, Mar 09, 2010 ...
Tuesday, March 9th, 2010
Nigeria's parliament is debating a new oil law that foreign companies say could drive away billions of dollars in future investment. The government's petroleum ministry says it will recoup ...
Tuesday, March 9th, 2010
Songa Venus has spent the full month of February in Singapore where it is currently undergoing its 5 yearly SPS inspections. Planned inspections are progressing in line with schedule and ...
Tuesday, March 9th, 2010
Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced the appointment of Larry Denver to the position of President of the company. Also joining Knowledge Reservoir is ...
Tuesday, March 9th, 2010
The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March ...
Wednesday, March 3rd, 2010
Group Operating Margin before all Nonrecurring Charges Reached 10% in 2009
Free Cash Flow at $38m in Q4, $168m for the Full Year
Marine Fleet Focused on High-end Market in 2010
One off ...
Friday, February 26th, 2010
Vanco Ghana Ltd. (Vanco), together with LUKOIL Overseas Ghana Ltd. and GNPC, announces that the Dzata-1 exploration well drilled on the Cape Three Points Deep Water Block located offshore the ...
Friday, February 26th, 2010
Chevron Corporation (NYSE:CVX)today announced that executive vice president, Charles A. James, will leave the company effective May 2, 2010. James, who intends to retire from the active practice of law, ...
Thursday, February 25th, 2010
Nigeria vowed on Tuesday to ensure a stable global oil supply, promising to keep a lid on the unrest that has dogged the oil producing Niger Delta in recent years ...
