Honeywell’s UOP technology selected by Petrobras for offshore natural gas processing in Brazil

DES PLAINES, Ill., June 26, 2013 /PRNewswire/ — UOP LLC, a Honeywell (NYSE: HON) company, announced today that its technology has been contracted by PNBV, a subsidiary of Petrobras, to supply UOP Separex™ membrane systems to process natural gas aboard four Floating Production, Storage and Offloading (FPSO) vessels.

Eclipse Resources acquires The Oxford Oil Company in the Utica Shale

STATE COLLEGE, Pa., June 26, 2013 /PRNewswire/ – Eclipse Resources I, LP (”Eclipse Resources”) announced today that it has acquired The Oxford Oil Company, LLC, with approximately 184,000 net acres in Ohio and 13.8 Bcfe of proved developed producing reserves. The Oxford Oil Company, LLC (”Oxford”) was subsequently renamed to Eclipse Resources […]

Senex upgrades 2P oil reserves to 10.8 million barrels

Senex Energy Limited (Senex, ASX: SXY) is pleased to announce a significant upgrade in 1P, 2P and 3P oil reserves as at 30 June 2013 following a comprehensive review of the Company’s assets in the South Australian Cooper Basin by Senex and independent assessors DeGolyer and MacNaughton.

Drillsearch Energy Limited announces Western Flank Oil Fairway production exceeds 10,000 barrels of oil per day

Drillsearch Energy Limited (ASX: DLS) is pleased to announce that Beach Energy Limited as Operator of the PEL 91 Joint Venture has advised that production has increased to a record 10,000 bopd (6,000 bopd net to Drillsearch), since the commissioning of the Bauer-to-Lycium export pipeline (the “pipeline”). For the week of […]

EMGS awarded major 3D EM contract

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract worth approximately USD 100 million by one of the world’s largest oil companies.

Seadrill increases ownership in Sevan Drilling to 50.1%

Seadrill Limited (”Seadrill”) issued June 26, a mandatory notification of trade regarding purchase of shares in Sevan Drilling ASA (”Sevan Drilling”). Following the notification Seadrill has today purchased an additional 116,934,875 shares in Sevan Drilling at a price of NOK 3.95 per share.

New OGP report shows 10-year positive upstream safety trend

The International Association of Oil & Gas Producers (OGP) has released the latest edition of its annual Safety Performance Indicators report.

INPEX CORPORATION announces completion of the acquisition of interest in the Abadi LNG Project, the Masela Block, Indonesia

INPEX CORPORATION (INPEX) is pleased to announce today that its affiliate INPEX Masela, Ltd. and Shell Upstream Overseas Services (I) Limited, a subsidiary of Royal Dutch Shell plc (Shell), have completed the necessary procedures for the transfer of PT EMP Energi Indonesia(EMPI)’s 10% participating interest in the Masela Block, Arafura […]

CB&I announces pipe fabrication contract in Australia

THE WOODLANDS, Texas, June 26, 2013 /PRNewswire/ – CB&I (NYSE: CBI) today announced it has been awarded a contract valued in excess of $40 million. The scope of work includes pipe fabrication for a major liquefied natural gas project in Australia, which will be executed by CB&I’s manufacturing facility in the United […]

Subsea 7 S.A. provide update on Guará-Lula NE project offshore Brazil

Subsea 7 S.A. (Oslo Børs: SUBC, the Company) today announced an increase in the estimated full-life project loss on the Guará-Lula NE project, offshore Brazil. As a result, the Company no longer expects full year Adjusted EBITDA to show progress compared to 2012.