Royal Dutch Shell plc updates on strategy to improve performance and grow

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 ...


Nippon Oil has signed a deal with Chevron

Thursday, January 7th, 2010

Japan's biggest refiner Nippon Oil has signed a deal with Chevron to buy Australia's Gorgon LNG project. In what is likely to be a series of long-term LNG deals, Nippon ...


OMV has first exploration success as operator on the UK Atlantic Margin

Tuesday, November 3rd, 2009

Successful exploration well “Tornado” discovers hydrocarbons OMV’s first operated exploration well in deepwater West of Shetlands Continuing commitment to the UK oil & gas sector OMV, the strongest energy group in the European ...


Chevron Announces Natural Gas Find in Australia Discovery in highly prospective Gorgon area supports company’s long-term plans for natural gas development

Monday, October 19th, 2009

Chevron Corporation (NYSE:CVX) today announced an additional natural gas discovery in the Greater Gorgon area’s Carnarvon Basin, Australia’s premier offshore hydrocarbon zone. The Achilles-1 exploration well, located approximately 100 miles (160 ...


September fleet update

Monday, October 5th, 2009

Songa Venus has achieved operating efficiency of 100% during the month. The rig is currently operating for the ADA Consortium and CNOOC Australia offshore North West Australia.   Songa Mercur has achieved ...


Songa Offshore SE has concluded onwards contract for Songa Mercur in Australia

Thursday, September 24th, 2009

Songa Offshore SE is pleased to announce that a drilling contract has been concluded between its subsidiary Songa Offshore Drilling Ltd and Oilex (JPDA 06-103) Ltd on behalf of its ...


Eni starts up production in the Blacktip gas field, offshore Australia

Tuesday, September 15th, 2009

The Field, which is 100% owned and operated by Eni, will deliver gas to the Northern Territory's Power Water Corporation (PWC) for over a period of 25 years, with supply ...


Oil News from around the web, US crude for October delivery rose 73 cents to $69.59 a barrel by 1229 GMT, while Brent was up 22 cents to $67.66.

Tuesday, September 15th, 2009

In 2008, according to the International Monetary Fund, oil represented 95 percent of export revenues and 60 percent of government revenues. For South Sudan (Juba), oil represented 98 percent of ...


Royal Dutch Shell takes Final Investment Decision on Gorgon LNG project, Australia

Monday, September 14th, 2009

The Board of Royal Dutch Shell plc (Shell) has taken the Final Investment Decision on the Gorgon liquefied natural gas (LNG) project, signalling the start of initial construction on one ...


Chevron Announces Two Natural Gas Finds in AustraliaDiscoveries Build On Chevron’s Leading Position in the Highly Prospective Carnarvon Basin

Wednesday, August 26th, 2009

Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation (NYSE: CVX), today announced two natural gas discoveries in the Carnarvon Basin offshore Western Australia. The discoveries are located in Australia’s ...


Chevron Moves Wheatstone Project in Australia Closer to Commercialization

Thursday, July 30th, 2009

Major Front-End Engineering and Design Contract Awarded for Two-Train Liquefied Natural Gas Facility SAN RAMON, Calif.--(BUSINESS WIRE)--Jul. 30, 2009-- Chevron Corporation (NYSE:CVX) today announced the award of a major front-end engineering ...


BJ Services Reports Third Fiscal Quarter Net Loss of $0.11 Per Diluted Share

Tuesday, July 21st, 2009

BJ Services Company (NYSE: BJS; CBOE; PCX) today reported a net loss of $32.3 million, or $(0.11) per diluted share, for the third quarter of fiscal 2009, which ended June ...


Oil News from around the web, Crude oil for August 2009 delivery fell 75 cents to $62.18 a barrel ; In London, Brent prices fell 68 cents to $62.55 a barrel on the ICE Futures exchange

Wednesday, July 8th, 2009

Emerging oil giant Ghana aims to maximise local ownership of its resources to avoid mistakes made by neighbouring nations where oil has become a "curse," its deputy energy minister said ...


End of opportunity for quality in the 2009 Uruguay Round

Wednesday, May 6th, 2009

At the end of the period for qualify to the 2009 Uruguay Round bidding process for oil and gas E&P offshore blocks, the interested companies are the following: BHP Billiton ...


Total and INPEX launch the offshore FEED for the Ichthys LNG project in Australia

Thursday, April 30th, 2009

 Total announces that the joint venture holding the Australian exploration permit WA-285-P (Total 24%, INPEX 76% operator) has decided to launch the Front End Engineering and Design (FEED) for the ...


TDW Offshore Services AS Employees Receive Surprise Bonus

Wednesday, April 29th, 2009

Bonus Triggered by 36% Increased Turnover in 2008 TDW Offshore Services AS, a leading provider of pipeline services and technology, today announced that it has distributed a bonus to its employees ...


Schlumberger Announces First-Quarter 2009 Results

Friday, April 24th, 2009

Schlumberger Limited (NYSE:SLB) today reported first-quarter revenue of $6.00 billion versus $6.87 billion in the fourth quarter of 2008, and $6.29 billion in the first quarter of 2008. Income from continuing ...


OMV announces first gas from Latif field in Pakistan

Monday, March 9th, 2009

Investments further strengthen OMV’s position in the Middle East core region E&P success contributes to Pakistan’s natural gas supply Today OMV, the leading energy group in the European growth belt, has announced ...


Chevron Confirms Successful Field Appraisal Program in Australia

Tuesday, February 24th, 2009

Wheatstone Moves a Step Closer to Commercialization SAN RAMON, Calif.--(BUSINESS WIRE)--Feb. 24, 2009-- Chevron Corporation (NYSE:CVX) today announced the successful results of a seven-well exploration and appraisal program for the Wheatstone ...


Schlumberger Announces Fourth-Quarter and Full-Year 2008 Results

Friday, January 23rd, 2009

HOUSTON--(BUSINESS WIRE)--Jan. 23, 2009--Schlumberger Limited (NYSE:SLB) today reported 2008 revenue of $27.16 billion versus $23.28 billion in 2007. Income from continuing operations, excluding charges and credits, reached $5.49 billion, representing diluted ...


BG Group Interim Strategy Update

Tuesday, November 4th, 2008

Excellent exploration and appraisal results with success in eight countries so far in 2008 BG Group estimates its net share of reserves and resources in Brazil at over 3 billion boe(i) BG ...


Apache’s WKAL-C-1X Discovery in Egypt

Thursday, October 30th, 2008

Apache Corporation (NYSE, Nasdaq: APA) reported today that the WKAL-C-1X discovery on the West Kalabsha concession established the westernmost production in Egypt's Western Desert. The well flowed 4,746 barrels of ...


Hess Announces Nimblefoot-1 Natural Gas Discovery in Australia

Monday, September 8th, 2008

NEW YORK--(BUSINESS WIRE)--Sept. 4, 2008--Hess Corporation (NYSE: HES) announced today that the Nimblefoot-1 exploration well on Australia's Northwest Shelf discovered natural gas. The well encountered 93 feet (28 meters) of ...


Ensco International Announces Ultra-Deepwater Semi ENSCO 7500 Will Mobilize to Australia Under New Term Contract

Friday, August 29th, 2008

DALLAS--(BUSINESS WIRE)--Ensco International Incorporated (NYSE: ESV) announced that a subsidiary of the Company has entered into a drilling contract with Chevron Australia PTY., Ltd (“Chevron Australia”) for the utilization of ...


Australia: New Gas Discovery in the Browse Basin

Thursday, August 7th, 2008

 Total announces a gas discovery from the Mimia-1 exploration well on the WA-344P permit (Total 40%), in Australia. Total E&P Australia and Inpex (operator, 60%) acquired the WA-344P exploration acreage in ...


Hess Announces Briseis-1 Natural Gas Discovery in Australia

Monday, July 21st, 2008

NEW YORK--(BUSINESS WIRE)--July 20, 2008--Hess Corporation (NYSE: HES) announced today that the Briseis-1 exploration well on Australia's Northwest Shelf discovered natural gas in Jurassic and Triassic sandstones. The well encountered ...


Cristal Global Restarts Bunbury, Australia Operations Force Majeure Still in Effect

Monday, July 14th, 2008

JEDDAH, Saudi Arabia & HUNT VALLEY, Md.--(BUSINESS WIRE)--Cristal Global announced today that it has restarted its Bunbury titanium dioxide (TiO2) operations in Western Australia. The Bunbury operations were significantly impacted ...


BW Offshore awarded Letter of Intent for FPSO in Australia

Friday, July 11th, 2008

BW Offshore has been awarded a Letter of Intent for the design, conversion, installation and operation of the FPSO for the Australian oil and gas fields on Basker-Manta-Gummy with Anzon.   BW ...


Chevron Announces Significant Gas Field Extension in Australia

Thursday, July 10th, 2008

Chevron Australia today announced a significant extension of the Chevron-operated Iago gas field located 80 miles (130 kilometers) offshore northwestern Australia in permit WA-16-R. The Iago-2 well was drilled using Diamond ...


EOC’s 9M FY08 Net Profit Swells 267%

Thursday, July 10th, 2008

EOC Limited: EOC’s 9M FY08 Net Profit Swells 267% amid Robust Offshore Construction and Pipe Laying Activity Topline balloons 6 fold as Group’s new heavy lift accommodation pipelay vessel, Lewek Champion, ...


Natural Gas Discovery in Australia

Wednesday, June 11th, 2008

Hess Announces Glencoe-1 Natural Gas Discovery in Australia NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that the Glencoe-1 exploration well on Australia's Northwest Shelf discovered natural gas in Upper ...


Australia: Total acquires interests in three offshore licenses in the North West Shelf

Tuesday, May 13th, 2008

Total announces the acquisition in the latest Australian bidding round of a 50% participation in two offshore permits in the Vulcan basin, in partnership with Apache (operator, 50%), and ...


BG Group Proposal to Acquire Origin Energy

Thursday, May 1st, 2008

BG Group plc ("BG Group"), a global integrated gas major, has approached Origin Energy Limited ("Origin"), Australia’s largest integrated energy company, with a proposal to acquire all of the shares ...


Foster Wheeler Awarded Pre-Feed Contract by Santos for Gladstone LNG™ Project in Australia

Wednesday, April 16th, 2008

HAMILTON, Bermuda--(BUSINESS WIRE)--Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that its UK-headquartered subsidiary, Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has been awarded a contract ...


BP Solar today welcomed the announcement made by Prime Minister Rudd to provide support to the north-eastern Chinese city of Weihai

Monday, April 14th, 2008

BP Solar today welcomed the announcement made by Prime Minister Rudd to provide support to the north-eastern Chinese city of Weihai in its effort to become the largest solar city ...