Recent Drilling Projects

At www.yourprojectnews.com we feature of the of latest drilling project contract awards, keeping up to date on what’s going on within the relevant sectors.  This month alone we have featured press from Transocean, Atwood Hunter, Saipem, Aker Solutions, Noble Denton, Marathon and Hess Corporation.  Please clicki on the links below to read some of the […]

Sony Ericsson sees continued market challenges

Monday, Jun 30, 2008

Sony Ericsson, the 50/50 joint venture between Ericsson (NASDAQ:ERIC) and Sony Corporation (NYSE:SNE), today announced that the company sees continued market challenges impacting sales and profit in the second quarter 2008.

Raytheon achieves U.K. Intelligence Integration Milestone during Coalition Warrior Interoperability Demonstration 2008

Monday, Jun 30, 2008

PORTSMOUTH, England, June 27, 2008 /PRNewswire/ — Raytheon Company (NYSE: RTN) demonstrated the potential to employ a U.K. adaptation of the U.S.-deployed Distributed Common Ground System (DCGS) to provide a more accurate, timely understanding of an adversary and their actions.The demonstration took place during the 2008 Coalition Warrior Interoperability Demonstration June 2-20 […]

ArcelorMittal enhances its distribution activities in United Arab Emirates

Monday, Jun 30, 2008

Luxembourg, 30 June 2008 - ArcelorMittal, the world’s largest integrated metals and mining company, announces that it intends to acquire 60% of the entire issued share capital of DSTC FZCO, a newly incorporated company located in the Dubai free zone.

Dana Gas announces new oil discovery in Egypt

Monday, Jun 30, 2008

Dana Gas, the Middle East’s first and largest regional private-sector natural gas company, has announced a discovery from a new oil zone in its Egyptian concessions, marking the first discovery in the company’s US$ 170 million drilling campaign for 2008.

GE Energy supplying 32 Jenbacher Gas Engines to provide power for India’s first heated crude oil pipeline project

Monday, Jun 30, 2008

JENBACH, AUSTRIA - June 26, 2008 : – GE Energy is supplying Cairn India with 32 of its J420 GS Jenbacher gas engines that will generate the electricity for India’s first cross country, heated crude oil pipeline, which is currently under construction.

Schlumberger: Seismic acquisition by sailing in circles

Monday, Jun 30, 2008

Wide azimuth, or WAZ, seismic surveys provide better illumination than traditional marine surveys in complex geologic areas by essentially “shining the light” on the formations from many directions. The “light” comprises seismic signals over a wide range of azimuths, or angles of incidence on the subsurface reflectors. WAZ surveys typically use multiple […]

Tollow Oil announces Uganda Block 3A: Kingfisher-2 update

Monday, Jun 30, 2008

30 June 2008 – Heritage Oil, the operator of the Kingfisher-2 exploratory appraisal well in Block 3A, Uganda, in which Tullow Oil plc (Tullow) is a 50% partner, today issued the following press release.

QPI, PetroChina & Shell sign Letter of Intent for refinery and petrochemical manufacturing marketing in China

Monday, Jun 30, 2008

In the presence of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Heir Apparent of the State of Qatar, Qatar signed today with PetroChina Company Limited (PetroChina), and Shell (China) Limited (Shell), a Letter of Intent (LOI) to commence joint preliminary studies to assess the viability of building a refinery and petrochemical […]

LyondellBasell Industries subsidiary to stop producing LDPE at its Pasadena facility

Monday, Jun 30, 2008

ROTTERDAM, Netherlands, June 27 /PRNewswire/ — Equistar Chemicals, LP will stop producing low density polyethylene (LDPE) at its Pasadena, Texas, tubular process unit by the end of the year, parent company LyondellBasell Industries announced today. Production will shift to other sites.