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Oil and Gas is a demanding industry to work in, where companies are now operating in some of the […]
DNO International ASA’s shareholders today approved the proposed merger with RAK Petroleum PCL’s MENA operating subsidiaries by 76.5 percent favorable votes at an extraordinary general meeting held in Oslo.
Jacobs Engineering Group Inc. (NYSE: JEC) is expected to release its fiscal year and fourth quarter 2011 earnings results before the market opens on Tuesday, November 15, 2011.
Nalco (NYSE: NLC), providing essential expertise for water, energy and air, reported record sales and double-digit adjusted earnings per share (EPS) growth for the third quarter ending September 30, 2011 and raised full year guidance, reflecting strong sales and profit growth in all segments and regions. Double-digit organic sales growth was driven by strong volume […]
Origin Energy Limited (Origin), the leading Australian integrated energy company, and Sasol Limited (Sasol), the leading provider of liquid fuels in South Africa, today announced a joint venture to explore for coal seam gas (CSG) in Botswana.
The major news in the third quarter was clearly the announcement of increased resources in the Avaldsnes discovery offshore Norway. It is truly remarkable that a discovery of this size and quality could be made by Lundin Petroleum in the heart of the Norwegian North Sea 45 years after the first exploration activity began in […]
Seismic company Dolphin Geophysical has declared the option of yn 533. The vessel, a high capacity 3D vessel equipped with 14 streamers will be named “Polar Duchess”. She is delivered from the yard in Spain and the subsequent conversion is estimated to be completed in the first quarter of 2012. The option exercised means a […]
As a partner in the giant Aldous Major oil discovery, Det norske oljeselskap ASA has created significant values both for its shareholders and for the Norwegian society at large. This discovery transforms the company and makes it a more significant player on the Norwegian Continental Shelf.
CALGARY, Nov. 1, 2011 /CNW/ - Gran Tierra Energy Inc. (”Gran Tierra Energy”) (NYSE Amex: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced that it has entered into a farm-in agreement with CEPSA Colombia S.A., a wholly-owned subsidiary of Compania Espanola de Petroleos, S.A.U. (”CEPSA”), whereby Gran […]
Marathon Oil Corporation (NYSE:MRO) today reported third quarter 2011 net income of $405 million, or $0.57 per diluted share. Net income in the third quarter of 2010 was $696 million, or $0.98 per diluted share. On June 30, 2011, Marathon Oil completed the spin-off of its Refining, Marketing and Transportation business, which is now reported […]