Industry Newsbite for w/e 28 July

Thursday, July 24th, 2008

>> Highest petrol prices in Europe In Norway, many motorists are up in arms over why they have to pay the highest petrol (gasoline) prices in Europe when the country is ...


Eni presents the eighth World Oil and Gas Review

Thursday, July 24th, 2008

These are some of the figures published by Eni on production, reserves, consumption, imports and exports of oil and natural gas Oil demand rises 1.4 %, sustained by non-OECD countries Gas consumption ...


NEW DISCOVERIES OF OIL AND GAS IN EQUATORIAL GUINEA

Tuesday, July 15th, 2008

New discoveries of oil and gas-condensate have been made during drilling operations at the Diega prospect in Block I offshore Equatorial Guinea. The oil and gas group PA Resources has ...


LAMPRELL PLC TRADING UPDATE FOR THE SIX MONTHS ENDED 30 JUNE 2008

Tuesday, July 8th, 2008

Gets US$ 29 MILLION CONTRACT AWARD Lamprell (ticker: LAM), a leading provider of specialist engineering services to the international oil & gas industry based in the United Arab Emirates (“UAE”), today announces ...


Shell enters preliminary agreement with BPZ Energy Inc. to explore for oil and gas

Thursday, June 26th, 2008

Shell Exploration Company (West) B.V. (Shell) and BPZ Energy Inc. have signed a preliminary agreement to jointly explore for oil and gas in northern Peru. The agreement calls for Shell to ...


LUNDIN PETROLEUM HAS STARTED DRILLING THE MORSKAYA-1 WELL IN THE LAGANSKY BLOCK, IN THE CASPIAN SEA

Thursday, May 22nd, 2008

Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce that it has started drilling the Morskaya-1 exploration well in the Lagansky block, situated in the northern Caspian Sea in Russia. ...


OMV acquires exploration license in offshore Tunisia

Friday, April 25th, 2008

80% OMV interest in the Sidi Mansour block in the Gulf of Gabes OMV with a total of five production and two exploration licenses in Tunisia Strengthened position in E&P core region ...


Osage Exploration and Development, Inc. Acquires Producing Field and Pipeline Assets

Monday, April 14th, 2008

SAN DIEGO--(BUSINESS WIRE)--Osage Exploration and Development, Inc. (OTCBB:OEDV), a Colombian focused independent oil and gas exploration and production company, is pleased to announce that it has acquired 100% of Cimarrona ...


Nigerian Activity Update , Hardy Oil and Gas plc

Monday, April 14th, 2008

Hardy Oil and Gas plc (LSE: HDY) the oil and gas exploration and production company with assets in Inida and Nigeria, announces that has executed an agreement to farm-out a ...


ExxonMobil to Assess Hydrocarbon Potential on Falcon Oil and Gas Lease in Mako Trough, Hungary

Monday, April 14th, 2008

IRVING, Texas--(BUSINESS WIRE2)--Exxon Mobil Corporation (NYSE:XOM) announced today that its affiliate Esso Exploration International Limited signed a production and development agreement with Falcon Oil and Gas Ltd. and its subsidiary, ...


StatoilHydro Awards Halliburton and WellDynamics Norge A.S. Nearly $900 Million in Contracts for Services on Norwegian Continental Shelf

Friday, April 4th, 2008

HOUSTON & TANANGER, Norway--(BUSINESS WIRE)--StatoilHydro has awarded Halliburton (NYSE:HAL) and WellDynamics nearly $900 million in contracts to provide completion equipment and services, tubing conveyed perforating services and SmartWell® completion technology ...


Topical Iraq Oil and Gas Assets Report

Thursday, April 3rd, 2008

This Topical Iraq Oil and Gas Assets Report is a Comprehensive Source for Top Level Data on the Major Oil and Gas Assets for Iraq DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c87580) ...


Brazil Oil and Gas Asset Report: Detailed Analysis of Exploration Block and Oil and Gas Fields

Thursday, March 27th, 2008

Brazil Oil and Gas Assets Report is a comprehensive source for top level data on the major oil and gas assets for Brazil.The report contains in-depth coverage of crude oil ...


Two of Team Resources’ Kansas Wells Hit Oil and Gas

Wednesday, March 26th, 2008

Team Resources' Direct Participation Program Natural Gas & Oil Choice Development Fund I, L.P. Will Soon Begin Oil and Gas Production VENTURA, Calif.--(BUSINESS WIRE)--Team Resources, Inc. an independent oil and gas ...


Schlumberger Siberian Training Center Inaugurated in Tyumen

Wednesday, March 26th, 2008

World-class oilfield services center opens to train new generations of Russian-speaking oil and gas industry personnel TYUMEN, West Siberia, March 25, 2008 - Schlumberger officially inaugurated the Schlumberger Siberian Training Center, ...


Amalto Announces Latest Version of b2box Solution for B2B Exchanges in Oil and Gas Industry

Tuesday, March 25th, 2008

New PIDX-ready Version Enables Mass Adoption of Electronic Document Exchange Between Trading Partners PARIS & SUNNYVALE, Calif.--(BUSINESS WIRE)--Amalto Technologies today announced the release of its latest version of its b2box solution ...


UK acquisition grows Proserv Group’s global capability

Monday, March 24th, 2008

The Proserv Group has strengthened its position in the instrumentation and calibration sector of the oil and gas industry with the acquisition of GM Engineering Ltd, a leading provider of ...


CSMG Technologies Retains Top Ukraine Oil and Gas Equipment Design Engineer for Energy Projects

Tuesday, March 11th, 2008

CORPUS CHRISTI, Texas--(BUSINESS WIRE)--CSMG Technologies, Inc., (OTC BB: CTUM), a technology management company, announced the company has contracted with a top Ukraine Oil and Gas design engineer, Sergiy V. Sukhostavets, ...


UK Subsea Oil and Gas Sector Grows by Almost 30%

Monday, March 10th, 2008

LONDON--(BUSINESS WIRE)--A new study carried out by Arthur D. Little and commissioned by industry body Subsea UK has revealed that the Subsea oil and gas sector has grown from £3.35 ...


Growing Need for Enhanced Quality Pumps Drives the Pumps Market in the European Oil and Gas Sector

Monday, March 10th, 2008

LONDON--(BUSINESS WIRE)--Rising global demand for oil and gas is significantly driving demand for energy equipment such as pumps. With customers continually demanding pumps with longer life and improved quality and ...


ACS Suppliers Share the Rising Fortunes of the Sub-Saharan African Oil and Gas Sector

Wednesday, February 27th, 2008

CAPE TOWN, South Africa--(BUSINESS WIRE)--Major oil and gas consuming countries are increasingly turning to sub-Saharan Africa for these commodities. To help them meet this surge in demand, fuel companies operating ...


Oil and Gas Investor This Week Forecasts an Active Year For E&P Start-Ups

Friday, February 22nd, 2008

HOUSTON--(BUSINESS WIRE)--The number of start-up oil and gas exploration and production companies in the U.S. is on pace to match the high volume seen in 2007, according to Oil and ...


Dana Gas Senior Delegation Meets Algerian Oil and Gas Officials

Friday, February 8th, 2008

Sharjah, 6 February 2008 Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced its successful participation in the 3rd Algerian Economic Forum, which was held ...


BP Delivers Dividend Boost and Again Replaces Oil and Gas Reserves By More Than 100 Per Cent

Wednesday, February 6th, 2008

 Release date: 05 February 2008, BP today announced an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ...


BP Delivers Dividend Boost and Again Replaces Oil and Gas Reserves by More than 100 Per Cent

Tuesday, February 5th, 2008

BP today announced an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ago. Chief Executive Tony Hayward said ...