Technip: Looks to Takeover CGG
Following information released in the press, Technip announces that, on Monday, November 10, 2014, it approached CGG to create a first tier oil and gas services provider. The proposed transaction would take the form of a public tender offer in cash for CGG’s shares at a price of 8.30 euros …
SOCAR: New Well Commissioned on the Gunashli Field
SOCAR has commissioned the well #33 from the platform #13 on Gunashli field in the Azerbaijani sector of the Caspian Sea. It was drilled to the Girmaki Suite by SOCAR AQS JV. Daily production rate of the well makes 45 tons of oil and 158000 cubic meters of gas from …
ExxonMobil: Looking for New Assignment for West Alpha, NADL, Rig?
Sanctions are forcing Exxon Mobil Corp.to look for alternative assignments for an offshore rig supposed to sail back to the Russian Arctic next summer. West Alpha, the rig owned by billionaire John Fredriksen’s North Atlantic Drilling Ltd. (NADL) that made a billion-barrel oil discovery for Exxon and OAO Rosneft in …
Rosneft: Completes 2014 Geological Survey Program – 24 License Areas Shot
Rosneft reports on 100% completion of the geological survey program on Company’s offshore license areas for 2014. In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations. Seismic performance results included 31,503 line km of 2D seismic, and 12,939 sq. km of 3D …
Shawcor: Awarded Second Contract Worth $200m USD for Shah Deniz Stage 2
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian …
Exillon Energy: Produces 17,630 bbl/day in October
Exillon Energy plc , a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of October 2014 (“the Period”). · Our average daily production[1] was 17,630 bbl/day during …
Chevron Confirms First Oil Production from Tubular Bells in the Gulf of Mexico
SAN RAMON, Calif., Nov. 17, 2014 – Chevron Corporation (NYSE: CVX) announced today that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of …
Chevron Reports Third Quarter Net Income of $5.6 Billion
NOTICE Chevron’s discussion of third quarter 2014 earnings with security analysts will take place on Friday, October 31, 2014, at 8:00 a.m. PDT. A webcast of the meeting will be available in a listen-only mode to individual investors, media, and other interested parties on Chevron’s Web site at www.chevron.com under …
Chevron Announces Quarterly Dividend (Oct. 29, 2014)
SAN RAMON, Calif., October 29, 2014 – The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable December 10, 2014, to holders of common stock as shown on the transfer records …
Chevron Sanctions Stampede Project in the Deepwater U.S. Gulf of Mexico
SAN RAMON, Calif., Oct. 28, 2014 – Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of …