FMC Technologies Signs Global Alliance Agreement with Anadarko Petroleum Corporation
FMC Technologies, Inc. announced that it has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Anadarko’s first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies …
Dockwise to manage and market new COOEC 50000 tonnes Semi Submersible Heavy Lift Vessel HYSY 278
Dockwise Ltd announced it has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The new vessel, a semi-submersible, currently under construction at China Merchants Yard in Shenzhen, is due for delivery …
Lukoil Approves 48bn USD of Investment over the next 3 years and 14bn in 2012
The OAO LUKOIL Board of Directors held a meeting in Moscow today to approve the LUKOIL Group Strategic Development Program for 2012-2021. According to the Program, the key objective of the Company for the period is to reach the dynamics of sustainable production growth. The average annual growth rate of …
Caspian Oil and Gas Appoints New Director
Caspian Oil & Gas Limited is pleased to announce the appointment of Mr Avraham Ben-Natan as a Non-Executive Director of the Company. Mr Ben-Natan is an experienced businessman and investor who resides in the Kyrgyz Republic. His local knowledge, analytical skills and enthusiasm will be of benefit to Caspian in …
Exillon Energy Appoints Head of Production Operations
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce that it has appointed Henry Wolski as Senior Vice President, Production Operations. Henry is a 30 year veteran of the oil …
Petrogrand AB: INTERIM REPORT JANUARY- SEPTEMBER 2011
Third quarter of 2011 – During the 3rd quarter, the Group had no operating income (TSEK 14,022). The operating result for the 3rd quarter amounted to TSEK -6,965 (-3,861). – The change in real value of assets under discretionary management amounted to TSEK -11,909 (5,177) of which the main part …
Petrogrand AB: Application submitted to Tomsknedra shows additionally increase in C3 resources in the Nizhnepaninsky license block
Petrogrand is pleased to report that the final report have been submitted to Tomsknedra on increased C3-resources. The final report C3-resources amounts to 54,8 million tons (411 mmbbl). The volume is distributed over four areas: Yuzhno-Nazinskaya 24,8 million tons), Nizhnepaninskaya (5,3 million tons), Ambarskaya (16 million tons) and Paninskaya (8,7 …
FMC Technologies Awarded $325 Million Subsea Systems Contract for Chevron’s Wheatstone Project
FMC Technologies, Inc announced today that its Australian subsidiary has signed an agreement with Chevron Australia Pty Ltd for the design, manufacture and supply of subsea production systems to support the Wheatstone Project. The contract has an approximate value of $325 million in revenue to FMC Technologies. The Chevron-operated Wheatstone …
Tethys Announces USD$13 Million Private Placement
Tethys Petroleum Limited announced that it expects to complete a private placement of 26,062,975 Ordinary Shares for gross proceeds of USD13,069,187 million subject to regulatory approval. The Company has received orders for the USD13,069,187 million maximum amount of the Offering. These new Ordinary Shares represent 10% of the current issued …
Integra Group fully repays its Second Ruble Bond
Integra Group announces that on November 29, 2011, its subsidiary Integra Finance repaid in full the remainder of its Second Ruble Bond issue in the amount of 147,605 bonds with a total nominal value of RR147,605,000. The bond issue was repaid using funds from current operating cash flows. Source