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Latest Offshore Oil Company News

IOC, Oil India may partner Reliance in East Timor block exploration ...

Forbes - In May 2006 Reliance won a block in East Timor and has now signed an agreement to explore for oil and gas. The company will explore the offshore area in contract area 'K' that has proven reserves in the Australian North West Shelf and is adjacent to ...

Infinity Receives Nasdaq Deficiency Notice

MSN MoneyCentral - The Company also has a 1.4 million-acre oil and gas concession offshore Nicaragua in the Caribbean Sea. The Company is headquartered in Denver, Colorado and its common stock is listed on the NASDAQ Global Market under the symbol "IFNY". For more ...

Small-caps face struggle

Chicago Tribune - With small-company stocks coming off a rocky year and heading into economic uncertainty, confidence in a traditional ... has "buy" recommendations on the stock of Hornbeck Offshore Services Inc. (HOS), a supplier of vessels to the offshore oil and ...

Do the Patriots need to run more to win it all?

ESPN.com - ... list be accurate, mainly serves the interests of Las Vegas and The Strip's offshore ... billion; his firm owns blocks of stock in Citigroup, Disney (ESPN's parent company ... an attempt to design an Aerion-like supersonic private jet for CEOs and oil ...

China's CNOOC starts up small Bohai oil, gas fields

Reuters - BEIJING, Dec 31 (Reuters) - China's offshore oil and gas specialist CNOOC Ltd (0883.HK: Quote , Profile , ... Bo Zhong 34-1 was producing more than 4,800 barrels of oil per day from seven wells, the state-run company said on its Web site www.cnoocltd.com

Loews Rises as Barron's Says Spinoff Will Boost Stock (Update2)

Bloomberg - ... from Chicago-based property and casualty insurer CNA Financial Corp., also owns oil and natural gas driller Diamond Offshore Drilling Inc. Loews rose 99 cents to $50.34 at 4 p.m. in New York Stock Exchange composite trading. The company ...

Sponsored by:

Marketwatch - , , ) said Monday that it signed a production-sharing contract with Malaysian national oil company Petronas for the exploration and development of natural gas fields offshore Sabah, Malaysia. Petronas will hold a 40% stake under the contract through ...

Is Arnold having second thoughts on LNG?

San Francisco Gate - ... vote already appeared to doom the project -- which needed the panel's support for a lease for the pipeline to move the gas from the terminal 14 miles offshore to Oxnard -- although the company could sue in court. BHP Billiton, a huge oil and mining ...

SGX, energy plays are star performers for 2007

Straits Times - Swiber Holdings, an offshore oil service support company, gained 263 per cent last year. Its share price shot up by $2.485 to close at $3.43, as a sustained shortage of offshore construction vessels could see it clinching more contracts. Crude ...

WASHINGTON, Dec. 31

Earthtimes - The possible BES-Sonangol joint venture could also involve the BES holding company Escom entering offshore oil exploration ventures in Angola. Oil prices are not expected to drop in the New Year Nariman Behravesh, chief economist for Global Insight in ...

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