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Exploration

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 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.

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 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.

DANA HAS BEGUN drilling the Cormoran-1 exploration well offshore Mauritania, West Africa, just two kilometres southeast of Danas existing Pelican-1 discovery.p style="margin-bottom: 0cm;">DANA HAS BEGUN drilling the Cormoran-1 exploration well offshore Mauritania, West Africa, just two kilometres southeast of Danas existing Pelican-1 discovery.

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