‘Finance and Investing News’ Articles

Paramax and its 50% working interest partner Bridge have drilled and tested five Hamilton gas wells with 50 potential infill locations identified. Bookmark It Hide Sites $$('div.d1488').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

RBG has secured a three-year contract with Shell E&P to supply a coatings and maintenance program for offshore platforms in the GOM. Bookmark It Hide Sites $$('div.d1489').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Iraq hopes to sign a delayed initial agreement for the Akkas gas field “by the end of this year” after clearing up some misunderstanding that led to the deal being postponed at the last minute earlier this month. Bookmark It Hide Sites $$('div.d1490').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Otto advised that production has resumed at the Galoc Field at circa 8,500 barrels of oil per day. Bookmark It Hide Sites $$('div.d1491').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Aker Solutions has signed a subsea contract with CNOOC to supply a subsea production system for the Yacheng 13-4 gas field. Bookmark It Hide Sites $$('div.d1492').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

RWE Dea UK announced that the contract for the engineering, installation and pre-commissioning of the offshore pipeline, and associated fibre optic cable, for the Breagh Development has been awarded to Allseas. Bookmark It Hide Sites $$('div.d1493').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Tullow, Anadarko, Kosmos, Ghana National Petroleum, Sabre Oil and Gas and E.O. Group announced that first oil from the Jubilee field, offshore Ghana, is scheduled for December 15, 2010. Bookmark It Hide Sites $$('div.d1494').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

The operator of Maari field, OMV has reported that production had restarted on Saturday at the Maari facility. Bookmark It Hide Sites $$('div.d1495').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Noble has received notice from the government of Ecuador regarding the termination of the Block 3 production sharing contract with EDC Ecuador. Bookmark It Hide Sites $$('div.d1496').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]

Lucas has provided an internal management update based upon its revised Eagle Ford potential reserves (proved and probable) as of September 30, 2010. Bookmark It Hide Sites $$('div.d1497').each( function(e) { e.visualEffect('slide_up',{duration:0.5}) }); [Continue]