Posts Tagged ‘partners’
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Tethys Oil announces Oman asset production averaged 13,814 bopd

by on November 12, 2012 5:44 am GMT
Tethys Oil announces Oman asset production averaged 13,814 bopdTest production from the Early Production System on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in October 2012 to 4,28,225 bop, corresponding to 13,814 bopd. Tethys’ share of the production, before government take, amounts to 30% of the total.The October production has

Seadrill arm files $225m US IPO

by on September 21, 2012 6:45 pm GMT
The offering is being underwritten by Citigroup, the London-based company said in a filing with the US Securities and Exchange Commission, Reuters reported.Seadrill Partners, recently formed by Bermuda-based oilfield services company Seadrill, counts Chevron, BP and ExxonMobil among its customers.The company plans to use the proceeds

Transocean to sell 38 shallow water drilling rigs to Shelf Drilling for $1 billion

by on September 10, 2012 9:57 am GMT
Transocean to sell 38 shallow water drilling rigs to Shelf Drilling for $1 billionHOUSTON --Transocean Ltd. announced that the company has reached definitive agreements to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately $1.05 billion. Shelf Drilling is a newly formed company sponsored equally by Castle

Breitburn Energy raises output forecast

by on August 7, 2012 1:13 pm GMT
The Los Angeles-based, New York-listed partnership said it now expected to produce between 8.3 million and 8.6 million barrels of oil equivalent (boe) this year, and was hiking capital investment for the year to $137 million.The company had originally forecast in February a production range for 2012 of between 7.8 million