Posts Tagged ‘south-america’
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Tenaris profits on higher sales

by on November 8, 2012 2:42 am GMT
The tube supplier posted a net profit of $437.5 million during the third quarter, up 20% on the $365.5 million profit booked during the same quarter last year.The rise in profits came as sales revenue jumped 7% to nearly $2.7 billion, compared to just under $2.5 billion a year

CNPC, Colombia's Ecopetrol sign three-year joint exploration contract

by on October 30, 2012 9:10 am GMT
CNPC, Colombia's Ecopetrol sign three-year joint exploration contractBEIJING -- China National Petroleum Corp., China's largest energy producer, has signed a three-year contract with Colombia's largest state oil company, Ecopetrol, for joint exploration and development, CNPC said in an in-house newsletter.The contract, signed Oct. 18 at an investment conference

Apache signs offshore deal with Suriname

by on October 19, 2012 1:53 am GMT
According to Reuters, Apache will invest $230 million under the 30-year deal to explore Block 53, which lies about 130 kilometres north-west of Suriname’s capital, Paramaribo. The investment will include carrying out 3D seismic research and drilling at least two wells.Apache would cover the exploration costs, and would be reimbursed

Schlumberger launches new wireline formation testing service

by on October 5, 2012 2:37 pm GMT
Schlumberger launches new wireline formation testing serviceHOUSTON -- Schlumberger has introduced the Saturn 3D radial probe as the newest module for the MDT modular formation dynamics tester. With the Saturn probe, customers can now obtain pressure measurements and fluid samples where they were not previously possible due to reservoir conditions.“Customers expect