Press Releases


Royal Dutch Shell 2010 Strategy Update

Thursday, February 25th, 2010

On Tuesday, 16 March 2010 Royal Dutch Shell plc will give an update on Royal Dutch Shell Group Strategy. All related materials will be posted on www.shell.com/investor on 16 March ...


Oil Discovery in Deep Campos Basin Waters

Thursday, February 25th, 2010

Petrobras announces the discovery of two new oil accumulations in reservoirs located in the Campos Basin, after the drilling of the exploratory well 6-BR-63A-RJS, located in Barracuda concession area, some ...


Petrobras Oil and Gas Production

Thursday, February 25th, 2010

Oil and Gas Production: January 2010 Rio de Janeiro, February 24 2010 – Petróleo Brasileiro S.A. – Petrobras informs that its average daily production in January 2010 was 2,525.8 thousand barrels ...


Qatar Petroleum and ExxonMobil Announce Start of Operations of Al Khaleej Gas Project Phase 2

Tuesday, February 23rd, 2010

Qatar Petroleum and Exxon Mobil Corporation (NYSE:XOM) today announced the Al Khaleej Gas-Phase 2 (AKG-2) project, with 1,250 million cubic feet per day (mcfd) of sales gas capacity, initiated operations ...


FRED. OLSEN ENERGY Report for the 4th quarter 2009

Thursday, February 18th, 2010

Figures in NOK FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 530 MILLION FOR THE 4TH QUARTER 2009 AND EBITDA OF 3,981 MILLION FOR THE ...


Anadarko Announces First Deepwater Discovery Offshore Mozambique

Thursday, February 18th, 2010

Anadarko Petroleum Corporation (NYSE:APC) today announced the Windjammer exploration well in the frontier Rovuma Basin offshore Mozambique has reached an intermediate casing point and encountered more than 480 net feet ...


Schlumberger and New Tech Engineering Sign Worldwide Agreement

Tuesday, February 16th, 2010

Schlumberger and New Tech Engineering announced today that they have signed a worldwide agreement whereby New Tech Engineering will provide wellsite consultants and engineering services for Schlumberger Integrated Project Management ...


Exxon Mobil Corporation Announces 2009 Reserves Replacement

Tuesday, February 16th, 2010

Exxon Mobil Corporation (NYSE:XOM) announced today that additions to its proved reserves in 2009 totaled 2.0 billion oil-equivalent barrels, replacing 133 percent of production. Excluding the impact of asset sales, ...


Songa report for the fourth quarter 2009

Monday, February 15th, 2010

Songa Offshore SE ("Songa") total comprehensive income for the fourth quarter 2009 was USD 54.7 million. Revenue for the fourth quarter was USD 186.8 million. This includes mobilization and demobilization ...


Songa delays bond issue

Friday, February 12th, 2010

Songa today confirms that it has delayed its offering of seven year senior notes that it launched on 27 January 2010. The decision to delay the offering was made ...


Occidental Petroleum Announces Dividend

Friday, February 12th, 2010

Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.33 per share on common stock payable on April 15, 2010, to ...


Petróleo Brasileiro S.A., Merger of shares of Braskem

Thursday, February 11th, 2010

Petrobras announces that in compliance with the requirements set forth by article 12 of CVM Instruction No. 358/02, as amended by CVM Instruction No. 449/07, Petróleo Brasileiro S.A. - PETROBRAS ...


Chevron Awarded Rights to Develop New Venezuelan Energy Project

Thursday, February 11th, 2010

Chevron-Led Consortium to Acquire 40 Percent Interest in Orinoco Belt Heavy Oil Project Chevron Corporation (NYSE:CVX) today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate ...


DANA MAKES SECOND GAS DISCOVERY OFFSHORE NILE DELTA, EGYPT

Wednesday, February 10th, 2010

Dana is pleased to announce that it has made a second gas discovery in the West El Burullus concession, offshore Nile Delta, Egypt. To date, Dana and GDF Suez have ...


Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company

Wednesday, February 10th, 2010

Mining Engineer Who Called for $27 Billion Award Against Chevron Hides Disqualifying Financial Conflict of Interest SAN RAMON, Calif., Feb 09, 2010 (BUSINESS WIRE) -- In a court filing today in ...


Letter of Award received from Shell Development (Australia) by Songa

Tuesday, February 9th, 2010

Further to the announcement in December 2009 of the signing of a Letter of Intent with Shell Development (Australia), Songa Offshore is pleased to announce that it has received a ...


Schlumberger Appoints Chief Operating Officer

Tuesday, February 9th, 2010

Schlumberger (NYSE:SLB) announced today that its Board of Directors has appointed Paal Kibsgaard Chief Operating Officer of Schlumberger Limited effective immediately. Reporting to Andrew Gould, Chairman and Chief Executive Officer, ...


Eni presents a proposal to the European Commission for remedies related to its international gas pipelines

Tuesday, February 9th, 2010

With prior agreement from its partners, Eni has committed to dispose of its interests in both the German Tenp gas pipeline and in Switzerland's Transitgas pipeline. Eni has formally presented to ...


ExxonMobil Reaches Target Depth at First Point Thomson Well Construction of 60-mile Ice Road Complete

Tuesday, February 9th, 2010

ExxonMobil Production Company announced today that it has successfully drilled and cased PTU-15, the first development well for the Point Thomson project on Alaska’s North Slope. In addition, a 60-mile ...


Songa January Fleet Update

Tuesday, February 9th, 2010

Songa Venus has achieved operating efficiency of 96% during the month. The rig completed its last well under contract with ADA Consortium offshore North West Australia on 18 January, thereafter ...


BJ Services Reports First Fiscal Quarter Net Loss From Continuing Operations of $0.03 Per Diluted Share

Tuesday, February 9th, 2010

BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...


Heritage Oil Issues an Update on the Proposed Disposal of Its Ugandan Interest

Monday, February 8th, 2010

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, issues ...


Knowledge Reservoir Realigns and Strengthens Service Offerings

Monday, February 8th, 2010

Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced a realignment and strengthening of its business structure and service offering to enable the company to more aggressively pursue ...


Neste Oil’s Financial statements for 2009

Thursday, February 4th, 2010

Stock Exchange Release Neste Oil’s Financial statements for 2009 - Full-year comparable operating profit of EUR 116 million (2008: 602 million) - The year ended with a Q4 comparable operating profit of ...


EXPLORATION WELL IN PL359 SPUDDED, OFFSHORE NORWAY

Thursday, February 4th, 2010

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that drilling of exploration well 16/4-5 on the Luno High prospect in the Greater Luno Area has commenced. The well in ...


GE Oil & Gas Signs Minority Shareholding Agreement with Shenyang Turbo Machinery Corporation

Thursday, February 4th, 2010

GE Oil & Gas Signs Minority Shareholding Agreement with Shenyang Turbo Machinery Corporation, China’s Leading Compressor Manufacturer Agreement Consolidates 30-Year Relationship and GE’s Continued Commitment to China GE Oil & Gas ...


Texas Gas Selects GE for Mississippi Pipeline Compressor Station Rejuvenation

Thursday, February 4th, 2010

GE Oil & Gas has replaced-in-kind a gas turbine at a Texas Gas Transmission, LLC pipeline compression station in Mississippi, using advanced technology designed to revitalize and recover performance with ...


GE Oil & Gas Supplying Compressors for Impala Platinum Plant

Thursday, February 4th, 2010

Project Expands GE Presence in the Region’s Mining and Petrochemical Sector GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, will supply ...


GE Oil & Gas Technology Drives Efficiency Upgrade at KRIBHCO Fertilizer Plant, India

Thursday, February 4th, 2010

GE Oil & Gas will apply advanced compressor technology in an upgrade project to increase the productivity of Krishak Bharati Cooperative Limited’s (KRIBHCO) urea, ammonia and bio-fertilizer manufacturing facility at ...


GE Oil & Gas Strengthens Drilling & Production Portfolio With Downhole Oilfield Technology

Thursday, February 4th, 2010

GE Energy announced that its Oilfield Technology (OFT) business, a technology innovator in the design and manufacture of wireline and drilling measurement solutions for the oilfield services segment, has been ...


GE Oil & Gas Subsea Upgrade Boosts Angolan Deepwater Oil Production

Thursday, February 4th, 2010

World’s First Use of GE VetcoGray Technology for Scale-Squeeze Application in Deepwater LUANDA, ANGOLA and HOUSTON, U.S. – February 2, 2010 - GE Oil & Gas, a world leading company ...


GE Oil & Gas Awarded Contract Worth Over $200M for GASCO’s IGD Project, Abu Dhabi

Thursday, February 4th, 2010

GE Oil & Gas has been awarded a contract worth over $200 Million, by Hyundai Engineering & Construction Company (HDEC), to supply eight gas turbines and related services, for the ...


Aker Solutions signs subsea contract with Repsol

Thursday, February 4th, 2010

Aker Solutions has signed a contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Contract value is approximately NOK 120 million. ...


Occidental Petroleum Replaces 206 Percent of 2009 Production

Thursday, February 4th, 2010

2009 year-end proved reserves 3.23 billion BOE, an increase of 8 percent Three-year reserve replacement ratio 160 percent Occidental Petroleum Corporation (NYSE: OXY) announced today that at year-end 2009, the ...


CGGVeritas Announces Sercel to Request Court Overturn Jury Verdict

Thursday, February 4th, 2010

CGGVeritas (ISIN : 0000120164 – NYSE : CGV) announced today that a Texarkana jury found that its subsidiary Sercel Inc. infringed on United States Patent No. 5,852,242 and that ION ...