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Latest Offshore Oil News

Singapore Hot Stocks-Swiber up on contract extension

Reuters UK - SINGAPORE, Dec 21 (Reuters) - Swiber Holdings (SWBR.SI: Quote , Profile , Research ) rose as much as 5.16 percent to S$3.26 with 610,000 shares traded after the offshore oil services firm said it has received a contract extension from Brunei Shell ...

Oil giants abandon plans for ‘uneconomic’ green power plant

Times Online - The Tjeldbergodden project would have captured carbon dioxide emitted from an 860 megawatt gas-fired power station, which would then have been injected into two offshore oil wells: Shell’s Draugen field and later Statoil’s Heidrun field. The ...

Superior Offshore selling deepwater ship

Boston Globe - HOUSTON— Superior Offshore International Inc. plans to sell a deepwater construction and support vessel to pay off debt and reduce capital spending next year, the offshore oil and gas services company said Thursday. Superior expects proceeds of ...

Oil and gas plans hit by dolphins

BBC News - He added most of the areas covered by the 24th offshore oil and gas licensing round had received approval, but there were concerns about Cardigan Bay and Moray Firth. "My officials visited Cardigan Bay to hear local views first hand and we also ...

Pemex Misses Oil Goal as November Output Drops 8.2% (Update1)

Bloomberg - Daily production also fell from 2.995 million barrels in October when bad weather caused temporary closures of offshore oil platforms. Pemex's daily oil output dropped below 3 million barrels for three months this year as the company ...

Dolphins may stop oil exploration

Western Telegraph - Most areas covered by the 24th offshore oil and gas licensing round have had the go ahead," said Mr Wicks, "but I was concerned about the dolphin populations in Cardigan Bay... That's why I commissioned the St Andrew's review into what impact ...

Superior Offshore International Announces Letter of Intent With

MSN MoneyCentral - The Purchaser, an international provider of offshore supply vessels serving the offshore oil and natural gas industry, would agree to time charter the Superior Achiever or another acceptable vessel to the Company for a five-year term, with the ...

Huaneng Power Int'l to sell 50m bonds

Xinhua News Agency - The coupon rate for China Yangtze bonds with a 10-year maturity was set at 5.35 percent and China Offshore Oil bonds with the same maturity were set at 5.77 percent. The China Yangtze and China Offshore bonds are currently traded at prices with a ...

ATP Hits 300 MMcfe/d Production Target

Forbes - ATP Oil & Gas is an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea. The company trades publicly as ATPG on the NASDAQ Global Select Market. For more information about ATP ...

India to be key player in Lankan oil exploration

Times of India - The international arm of the Oil and Natural Gas Corporation, OVL Ltd, paid one million dollars to Norwegian seismic survey group - TGS NOPE - a few weeks ago for acquiring data in the Mannar Offshore Basin in Sri Lanka, according to Sri Lankan ...

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