SOUTHWEST ENERGY has agreed to purchase from PETRONAS Carigali Overseas Sdn Bhd (PETRONAS Carigali), all of its oil and gas interests in Ethiopia. The transaction is expected to be completed during the first quarter of 2011 following the fulfilment of certain conditions precedent, including regulatory approval.
p style="margin-top: 0.18cm; margin-bottom: 0.18cm; widows: 2; orphans: 2;">SOUTHWEST ENERGY has agreed to purchase from PETRONAS Carigali Overseas Sdn Bhd (PETRONAS Carigali), all of its oil and gas interests in Ethiopia. The transaction is expected to be completed during the first quarter of 2011 following the fulfilment of certain conditions precedent, including regulatory approval.Exploration
CLOV development to See FMC Trees
FMC TECHNOLOGIES INC. announced that it has signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment for the CLOV development project. The award has a value of approximately $520mn in revenue to FMC Technologies.
p style="margin-bottom: 0cm;">FMC TECHNOLOGIES INC. announced that it has signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment for the CLOV development project. The award has a value of approximately $520mn in revenue to FMC Technologies.Marine Subsea snags $150mn in African barge contracts
MARINE SUBSEA IS delivering $150mn worth of new contracts within its fleet of five multi-purpose barges.
p style="margin-bottom: 0cm;">MARINE SUBSEA IS delivering $150mn worth of new contracts within its fleet of five multi-purpose barges.TNK-BP ready to swap for BP Algeria goods
SONATRACH AND RUSSIAS TNK-BP are both interested in BPs Algerian assets, and TNK-BP could offer the Algerian state oil company a swap to obtain them, Russias Energy Minister Sergei Shmatko said recently.
p style="margin-bottom: 0cm;">SONATRACH AND RUSSIAS TNK-BP are both interested in BPs Algerian assets, and TNK-BP could offer the Algerian state oil company a swap to obtain them, Russias Energy Minister Sergei Shmatko said recently.OPEC keeps oil output targets
OPEC HAVE AGREED to maintain its current 24,845 mn bpd crude production target and to meet next in Quito, Ecuador, on December 11, ministers said.
p>OPEC HAVE AGREED to maintain its current 24,845 mn bpd crude production target and to meet next in Quito, Ecuador, on December 11, ministers said.More Articles …
