Offshore staff
DALLAS -- Toreador Resources has been notified by Petrol Ofisi, the buyer of its 26.75% interest in the South Akcakoca sub basin project, that they believe certain material adverse changes have occurred under the assignment agreement and that a condition precedent to the closing of the transaction has not been fulfilled.
Petrol Ofisi has also requested mutual discussions for resolution of the issues at a meeting to be held on Jan. 9.
01/07/2009
KBR strengthens engineering presence in Saudi ArabiaKBR (NYSE: KBR) has established a new entity to perform general engineering and project management services under the Saudi Aramco GES+ initiative. |
Double gas strike for ONGC offshore IndiaIndia’s Oil & Natural Gas Corp. (ONGC) (NSE: ONGC, BSE: 500312) has notched two shallow water discoveries this year offshore India. |
More growth in prospect in North Sea Alvheim areaLundin Petroleum says the development wells for the BG-operated Gaupe field in the Norwegian North Sea have been drilled and the production facilities are virtually complete. |
TGS performs wide seismic sweep over northern EuropeTGS (TGS:Oslo) has updated various seismic gathering programs off northern Europe. |
Shell awarded ‘Excellence in Project Integration’ at IPTCShell Brasil has received the “Excellence in Project Integration” Award at the International Petroleum Technology Conference (IPTC) 2011 Dinner and Award Presentation held Feb. 7, in Bangkok. |
1455 W. Loop South, STE. 400
Print: 
Email: