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01/06/2009 -
Furmanite Minimizes Shell Eider A Platform's Production Downtime
Controlled bolting and machining services from engineering and technical services specialist Furmanite helped to keep a recent shutdown on schedule on the Shell Eider A platform, by ensuring leak-free joints for an on-time start up.
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01/06/2009 -
PetroFalcon Ends Deal to Buy Part of Chevron Gas Field
Venezuelan oil and gas exploration and production firm PetroFalcon Corp ended its agreement with Chevron Corp to buy a 30 percent working interest in Chevron's Cardon III field, citing uncertainty in global markets.
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01/06/2009 -
Primera Signs Production Sharing Contract for Onshore India Block
Primera has executed a Production Sharing Contract (the "PSC") with the Government of India for onshore Block CB-ONN-2005/11 (the "Block"). The Block comprises approximately 257 Sq. Km.
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01/06/2009 -
Chesapeake Raises $412MM from Sale of Anadarko, Arkoma Assets
Chesapeake it has sold certain Chesapeake-operated long-lived producing assets in the Anadarko and Arkoma Basins in its fourth volumetric production payment transaction (VPP).
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01/06/2009 -
Total Safety Acquires Assets of Communications Provider for O&G Industry
Total Safety has acquired the assets of Wholesale Radio Rental, Inc. which provides portable communication devices for use in the petroleum, oil and gas and petrochemical industries.
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01/06/2009 -
Halliburton to Purchase Solids Control Equipment from Derrick Equipment
Halliburton has entered into an agreement with Derrick Equipment Company to expand Baroid Fluid Services' offering of solids control equipment and services.
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01/06/2009 -
Eni Says Nigeria Break Cuts Oil Output by 12,000 B/D
Italian oil and gas group Eni SpA said on Monday the closure of a pumping station in Nigeria following a spillage incident had reduced oil production by 12,000 barrels per day.
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ECONOMY
12/22/2008 -
Petrobras' oil production in Brazil up 4.6% in November
Petrobras’ average oil production in Brazil was 1,844,940 barrels per day in November, 4.6% more than a year ago and a slight 1.5% decrease compared to October 2008.
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12/22/2008 -
Galp Energia Collects 8 Exploration Blocks in Brazil's 10th Bidding Round
Galp Energia took part in the 10th bidding round for exploratory blocks organized by the National Oil, Gas and Biofuels Agency (“ANP”), that was held today in Rio de Janeiro, Brazil.
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12/22/2008 -
Expro Snags Well Testing Contract Extension for Major Kazak Field
International oilfield service company Expro has been awarded a three-year contract extension from Karachaganak Petroleum Operating B.V. (KPO) to continue well testing services on the Karachaganak field in western Kazakhstan, one of the world’s largest oil and gas condensate fields.
