Posts Tagged ‘jones-newswires08’
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Petrobras presalt oil discovery rate nearly 80%

by on August 30, 2012 2:24 am BST
Petrobras presalt oil discovery rate nearly 80%BY DIANA KINCHRIO DE JANEIRO--Brazilian oil and gas producer Petrobas has a presalt oil discovery success rate of nearly 80%, a company exploration and production official said wednesday.The company has drilled 67 wells in the presalt area and only 20% have been dry,

Sembcorp secured $674 million rig building contract

by on August 29, 2012 1:52 am BST
Sembcorp secured $674 million rig building contractSINGAPORE--Sembcorp said wednesday its unit Jurong Do Brazil has secured a $674 million contract to build offshore modules in the Tupi oil field off the coast of Brazil.The contract placed by a consortium controlled by Petrobras involves the construction of modules and

EONR values Novatek gas deal at $22 billion

by on August 28, 2012 3:46 am BST
EONR values Novatek gas deal at $22 billionBY JAMES MARSONMOSCOW--EONR said tuesday that its contract to receive natural gas from Russia's biggest independent gas producer OAO Novatek from 2013-2027 is worth around $22 billion.EONR, the Russian unit of German utility EOAN said last week it had decided not to

Marathon Oil shutting all Gulf production until storm Isaac passes

by on August 28, 2012 2:46 am BST
Marathon Oil shutting all Gulf production until storm Isaac passesHOUSTON--Marathon Oil said Monday that it has evacuated all its employees from the Gulf of Mexico and is shutting in production there for the duration of tropical storm Isaac.The company said 24,000 bopd will be affected by the shut-in.