Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department…
Offshore leasing blocksAnadarko, TAG Oil secure multiple NZ leases New Zealand's government has awarded 10 exploration permits during its 2012 block offering, the country's petroleum and minerals agency announced on 11 December 2012.The ministry said that the block offering…
Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…
BG Group appoints Chris Finlayson to top spot BG Group has elevated Chris Finlayson to Chief Executive Officer effective 1 January, the company announced on 13 December 2012.Finlayson came to BG in 2010 after spending 33 years with Royal Dutch Shell…
Ukrainian officials with Jordi Sarda BonvehiUkraine signs fake deal on state television Oilprice.com - Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark…
Smit Lamnalco has renewed its marine support services contract with oil major Shell in Gabon, in a deal that has triggered investment in three auxiliary vessel newbuildings.The five year contract renewal extends an uninterrupted relationship…
Schiehallion FPSOShell has acquired 5.9% of Murphy Schiehallion Limited's stake in the Schiehallion field west of Shetlands, the supermajor announced on 14 November 2012.Shell now holds 55% stake in Schiehallion field. The move will offer…
Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…
FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…
Energistics, the upstream oil and gas standards consortium, announced today that Eric Toogood, Diskos Manager for the Norwegian Petroleum Directorate (NPD), and Espen S. Johansen, Ph.D., Vice President Marketing and Commercialization – Production and Completion Systems for Weatherford…
Stena DrillMaxNo commercial find at Tullow’s Zaedyus-2 well Drilling at Tullow's Zaedyus-2 appraisal well has been completed offshore French Guiana, the company announced on 4 December 2012.The well, drilled 5km up-dip from the Zaedyus-1 discovery by the Stena DrillMax…
ExxonMobil's Rex TillersonMajors to jointly develop Siberian tight oil Rosneft and ExxonMobil signed a pilot development agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia…
Photo: GazpromIcebreakers transfer LNG from Norway to JapanLNG Carrier ‘Ob River’ chartered by the Gazprom Marketing & Trading (GM&T) group, a wholly-owned subsidiary of OAO Gazprom, and operated by Dynagas (Greece), has successfully completed…
Lamar McKayLamar McKay has been chosen as Chief Executive of Upstream at BP, the company announced on 23 November 2012.McKay will lead BP's combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team…
SPDC, a subsidiary of Royal Dutch Shell, has completed a sale of its 30% interest in Oil Mining Lease 30 (OML 30) in the Niger Delta to Shoreline Natural Resources Limited for $567 million.The company said the divestment is part of a plan to reshape SPDC's onshore portfolio…