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Industry News - Headlines When you need the facts, the details, the breaking stories, the in-depth analysis, you need OilOnline's New Headlines. With the most important industry information from around the world, OilOnline is your news source.

Industry News - Recent Headlines

Internet Inquirer
   MODEC FSO hits One Billion Barrel offloading mark and 10 years of continuous operations
(Friday, October 10, 2008)
MODEC's FSO Ta'Kuntah has reached a new milestone in the industry:  offloading one billion barrels of oil to 1,745 export tankers ...
   BPZ Energy moves to NYSE and changes ticker symbol
(Thursday, October 09, 2008)
BPZ Resources, Inc. announced that the Companys stock will be listed on the NYSE Alternext and has changed its ticker symbol to BPZ” ...
   American announces Goliath Project participation agreement
(Thursday, October 09, 2008)
American Oil & Gas, Inc., Teton Energy Corporation, Sundance Energy Australia Ltd, and Evertson Energy Partners have signed a participation agreement with Red Technology Alliance LLC ...
   Honeywell helps give a 'Lift' to offshore oil rig construction
(Thursday, October 09, 2008)
Honeywell has announced that its high-strength Spectra(R) fiber is a key component in industrial slings used to lift heavy equipment and materials for offshore oil and gas construction ...

New & Expanding Business
   Technip awarded contract for the Babbage development
(Friday, October 10, 2008)
Technip has been awarded by E.ON Ruhrgas UK North Sea Ltd. a lumpsum contract, worth approximately 32 million, for the development of the Babbage gas field ...
   T-3 Energy Services receives purchase order for Diamond Series Double Ram Subsea BOPS
(Friday, October 10, 2008)
T-3 Energy Services, Inc. has received a purchase order for two 18 3/4" - 10,000 psi T-3 Model 6012 Diamond Series(r) Double Ram Subsea Blowout Preventers (BOPs) ...
   Tetra Tech awarded three wind energy projects
(Thursday, October 09, 2008)
Tetra Tech, Inc. has been awarded two engineering, procurement, and construction (EPC) projects and one balance of plant (BOP) construction project for wind farms ...
   Ivanhoe Energy Ecuador to develop Ecuador's Pungarayacu heavy-oil field
(Thursday, October 09, 2008)
Ivanhoe Energy Ecuador Inc. has signed a contract with Ecuador state oil companies Petroecuador and Petroproduccion to explore and develop Ecuador's Pungarayacu heavy-oil field ...

E&P Hotline
   Thunderbolt #1 well approved, Hunt rig #3 to move onto Bellevue #1
(Friday, October 10, 2008)
Great South Land Minerals, Ltd. completed an 8.5in (216mm) pilot hole to a depth of 870ft (272m), established a 20in conductor at the top of the hole into solid dolerite rock at a depth of approximately 42ft (13m) and have now enlarged the hole to 17.5in ...
   Anadarko announces discovery in the pre-salt
(Friday, October 10, 2008)
Anadarko announced the oil discovery in the pre-salt region, in the Basin of Campos ...

Rig Market
   Basic Energy Services reports selected operating data for September 2008
(Friday, October 10, 2008)
Basic Energy Services, Inc. added one newbuild rig and retired one rig, maintaining its well servicing rig count at 413 as of September 30, 2008 ...

Mergers & Acquisitions
   Addax Petroleum acquires interest in Kurdistan region of Iraq
(Thursday, October 09, 2008)
Addax Petroleum Corporation has acquired a 33.33 per cent interest in the Sangaw North Production Sharing Contract  ...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     
 

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