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ABERDEEN-BASED CONTAINENTAL Offshore has strengthened its presence in West Africa following a series of contract wins in the region.

p>ABERDEEN-BASED CONTAINENTAL Offshore has strengthened its presence in West Africa following a series of contract wins in the region.

KOSMOS ENERGY’S 2009 capital raise exceeded US$1bn. The amount includes US$825mn in project finance debt facilities committed by international financial and banking institutions, including US$75mn committed by Credit Suisse International in late 2009 and US$750mn secured in July 2009.

p>KOSMOS ENERGY’S 2009 capital raise exceeded US$1bn. The amount includes US$825mn in project finance debt facilities committed by international financial and banking institutions, including US$75mn committed by Credit Suisse International in late 2009 and US$750mn secured in July 2009.

THE COSTS OF building and operating upstream oil and gas facilities, which fell drastically in Q1 2009 after a prolonged period of escalation, appear to be bottoming out according to two cost indexes developed by IHS Cambridge Energy Research Associates (IHS CERA).

p>THE COSTS OF building and operating upstream oil and gas facilities, which fell drastically in Q1 2009 after a prolonged period of escalation, appear to be bottoming out according to two cost indexes developed by IHS Cambridge Energy Research Associates (IHS CERA).

EGYPT GENERAL PETOLEUM Corp (EGPC) is trying to secure a US$2bn debt-financing deal, extending over 58 months and to be used for export finance, from the private sector.

p>EGYPT GENERAL PETOLEUM Corp (EGPC) is trying to secure a US$2bn debt-financing deal, extending over 58 months and to be used for export finance, from the private sector.

DOF SUBSEA UK has been awarded a contract worth around US$7.4mn by Technip for the provision of a light construction vessel.

p>DOF SUBSEA UK has been awarded a contract worth around US$7.4mn by Technip for the provision of a light construction vessel.

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