Thursday, October 19, 2017

Pertamina, Exxon Ink Deal to Co-Develop Natuna Gas Project Indonesia

December 7, 2010 by  
Filed under Featured, OFFSHORE-MAG

Pertamina and Exxon Mobil Friday signed a preliminary agreement to co-develop the offshore East Natuna Block, paving the way to extract natural gas from the massive block located in the South China Sea. Projects like Natuna and Chevron’s deep-water Gendalo-Gehem gas development are helping to restore Indonesia’s status as a major oil and gas producer, […]

Shell Oil Appoints Three Chief Scientists

December 7, 2010 by  
Filed under Featured, OFFSHORE-MAG

Shell today announced the appointment of three chief scientists to cover the critical industry disciplines of exploration, unconventional oil, and in-well technology. This further strengthens Shell’s existing group of six top scientific experts. Expanding its group of chief scientists underscores the importance Shell places on delivering targeted responses to the challenges of a rapidly changing […]

Kreuz wins South Asia subsea installation job

November 23, 2010 by  
Filed under OFFSHORE-MAG

SINGAPORE – Kreuz Holdings Ltd. has a letter of intent for $6.2 million in subsea installation work for an offshore construction company in south Asia. The job covers transportation and installation scheduled to be completed by 2Q 2011. Offshore-Mag

RBG wins Shell GoM contract

November 23, 2010 by  
Filed under OFFSHORE-MAG

ABERDEEN, UK — Shell Exploration and Production Co. has awarded RBG a three-year contract to supply a coatings and maintenance program for offshore platforms in the Gulf of Mexico. RBG has initially been commissioned to work on three of Shell’s six major offshore facilities in the Gulf of Mexico. The company will start work on […]

Aker Solutions awarded contracts for mooring and loading systems off Brazil

November 23, 2010 by  
Filed under OFFSHORE-MAG

RIO DE JANEIRO, Brazil – – Aker Solutions has won two contracts for the supply of mooring and loading systems in Brazil. The contracts have a combined value of approximately NOK 210 million (US $35 million). “The contracts are strategically important for Aker Solutions based on the potential for future business in Brazil,” says Leif […]

Anadarko has new post-salt discovery off Brazil

November 23, 2010 by  
Filed under OFFSHORE-MAG

HOUSTON – Offshore-Mag – Anadarko Petroleum Corp. says its Itauna #1 well in block BM-C-29 offshore Brazil has encountered in excess of 275 net ft of oil and natural gas pay in two separate post-salt zones on which show reports were filed with the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (ANP). “We are pleased […]

Oil slips on euro zone debt woes, dollar

November 23, 2010 by  
Filed under Featured, OFFSHORE-MAG

(Reuters) – Oil prices fell on Monday, pressured by a weaker dollar and erasing early gains as optimism over a debt bailout for Ireland gave way to concerns that financial problems would spread to other euro zone countries. U.S. gasoline futures also slumped, extending the pressure on crude futures amid expectations that refinery restarts and […]

Shell Prelude

November 12, 2010 by  
Filed under Featured, OFFSHORE-MAG

Shell gets green light for Prelude The Australian government has granted environmental approval for Shell’s Prelude floating liquefied natural gas facility in the Browse basin, offshore Western Australia. However, Environment Minister Tony Burke said that while he determined the FLNG facility would be acceptable under national environment law, the approval came with strict conditions. “This […]

Halliburton outlook

November 12, 2010 by  
Filed under OFFSHORE-MAG

S&P, citing oil spill, trims Halliburton outlook Standard & Poor’s Ratings Services on Monday said it revised the outlook on Halliburton Co.’s debt ratings to “Negative” from “Stable,” citing concerns over how much exposure to liability the oil services company has from the Gulf of Mexico spill last spring. S&P affirmed Halliburton’s debt ratings: its […]

Chevron Spending

November 12, 2010 by  
Filed under OFFSHORE-MAG

Chevron Spending $4 million on Prop 26, Prop 23’s Stealthier Twin Chevron CEO John Watson recently insisted his company is neutral on California Proposition 23, even though the so-called Dirty Energy Proposition seems like such a good fit. Chevron’s money may be on a different horse, but the company is still in the same race […]

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