New Oil Accumulation Discovered in the Pre-salt Layer in the Santos Basin

Friday, June 13th, 2008

(Rio de Janeiro, June 12, 2008). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that the consortium formed ...


Eni and NOC sign new petroleum contracts (EPSA IV)

Thursday, June 12th, 2008

Eni and NOC sign new petroleum contracts (EPSA IV) and establish the foundations for joint development of new oil & gas projects Contracts have been renewed for 25 years from January ...


Total - New U.K North Sea discovery

Wednesday, June 4th, 2008

Total announces that it has made a new gas and condensate discovery in the Alwyn Area of the Northern North Sea, close to the Jura field that recently came ...


UOP Technology Selected by ONGC Mangalore Petrochemicals Ltd. for New Aromatics Complex in India

Tuesday, April 29th, 2008

Complex to produce 1.175 million metric tons per year of high purity aromatics making it the largest petrochemical plant in southern India DES PLAINES, Ill.--(BUSINESS WIRE)--UOP LLC, a Honeywell (NYSE: HON) ...


GE Energy Announces New State of the Art Technology Center in Saudi Arabia

Monday, April 28th, 2008

DAMMAM, SAUDI ARABIA - April 28, 2008 : – GE Energy, a global supplier of power generation and energy delivery technologies, has announced the groundbreaking of its Power Technology Center, ...


LUKOIL ACQUIRES NEW HYDROCARBON ASSETS IN UZBEKISTAN

Sunday, March 9th, 2008

LUKOIL Overseas (OAO LUKOIL’s 100% subsidiary) has completed a transaction with ZAO MGNK-SoyuzNefteGaz to acquire 100% of SNG Holdings Ltd. group, one of which is SoyuzNefteGaz Vostok Limited, a signatory ...


GTE Wins $6.3M in New Contracts, Boosting Total Order Book by 66% to $14M

Monday, March 3rd, 2008

LONDON--(BUSINESS WIRE)--Gas Turbine Efficiency plc, a leading provider of advanced systems to enhance the performance of aviation and industrial turbines, is pleased to announce that it has continued to experience ...


A new generation offshore purpose vessel for GSP

Monday, February 11th, 2008

February 11, 2007 The Dutch design office Sea of Solutions has been awarded by GSP Drilling the design contract for a new DP3 multipurpose construction vessel. The Dutch design office Sea ...


ExxonMobil Technology Delivers New Energy While Reducing Environmental Impact

Thursday, February 7th, 2008

Sakhalin-1 Project Breaks Its 2007 World Drilling Record IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation’s (NYSE:XOM) technology leadership has resulted in another world record-setting well at the Sakhalin-1 oil project in eastern Russia, ...


RWE Dea awarded new concession in Libya

Monday, February 4th, 2008

German RWE Dea has been awarded concession 58 in the Cyrenaica plateau in the latest licencing round in Libya. The agreement for the new con-cession was signed at the headquarters ...


Foster Wheeler Board Elects Three New Directors

Thursday, January 31st, 2008

HAMILTON, Bermuda--(BUSINESS WIRE)--Foster Wheeler Ltd. (NASDAQ: FWLT) announced the election of three new directors, effective with today's board meeting. Mr. Edward G. Galante, 57, retired from ExxonMobil in 2006 as senior ...


Rapid Production Growth & New Projects To Be 2008 Highlights For CNOOC Ltd.

Wednesday, January 30th, 2008

 (Hong Kong, January 29, 2008) - CNOOC Limited (the "Company" or “CNOOC Ltd.”; NYSE “CEO”, SEHK “883”) today announced its business strategy and development plan for year 2008.   The targeted net ...


UOP Technology Licensed to Eurochem to Convert Methanol to Olefins in New Nigerian Petrochemicals Plant

Wednesday, January 30th, 2008

First commercial-scale plant to use UOP technology to produce olefins from methanol derived from natural gas DES PLAINES, Ill.--(BUSINESS WIRE)--UOP LLC, a Honeywell (NYSE:HON) company, announced today that Viva Methanol Limited, a ...


RWE Dea awarded new concession in Libya

Tuesday, January 29th, 2008

German RWE Dea has been awarded concession 58 in the Cyrenaica plateau in the latest licencing round in Libya. The agreement for the new concession was signed at the headquarters ...