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News21 to 30 on 6240    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 21 25 / 10 / 2010  BP
 
 BP announced that it has reached agreement to sell its recently-acquired interests in four mature producing deepwater oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650 million. BP acquired the interests in the fields - Magnolia, Merganser, Nansen and Zia - from Devon Energy earlier in 2010 as part of a wider acquisition of assets in the Gulf of Mexico, Brazil and Azerbaijan.

Oil - North America
United-States - Production - Asset - BP
 
 22 22 / 10 / 2010  Shell
 
 Shell launches phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil. This significant investment develops the fourth field in the BC-10 block and continues a successful wave of production growth in Shell’s Upstream Americas business. The full project delivers an energy resource of approximately 300 million barrels of oil equivalent, with facilities production capacity of some 100,000 barrels of oil equivalent per day.

Oil - South America
Brazil - Development - Project - Shell
 
 23 18 / 10 / 2010  BP
 
 BP to Sell Venezuela and Vietnam Businesses to TNK-BP for a total of $1.8 billion. TNK-BP, Russia's third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova). The agreement includes BP's interests in the Petroperijá, Boquerón and PetroMonagas joint ventures in Venezuela and, in Vietnam, BP's 35 per cent operating interest in the Lan Tay and Lan Do gas fields and associated pipeline and power generation interests. The sales are part of BP's plan, announced in July 2010, to make divestments of up to $30 billion by the end of 2011.

Oil - International
 - Production - Asset - BP
 
 24 11 / 10 / 2010  GDF SUEZ
 
 GDF SUEZ and China National Offshore Oil Corporation sign a 2.6 million tons of LNG contract. Under this agreement, GDF SUEZ will sell CNOOC about 2.6 million tons of LNG from 2013 during a 4 year period, and the cargoes will be sourced from GDF SUEZ’ LNG portfolio. CNOOC has a diversified LNG supply portfolio of approximately 16 MTPA.

Natural gas - Asia
China - Marketing - Trade - GDF SUEZ
 
 25 10 / 10 / 2010  Statoil
 
 Statoil is strengthening and diversifying its US onshore portfolio by entering the Eagle Ford shale area. Statoil and Talisman have formed a 50/50 joint venture for the purpose of developing assets in the Eagle Ford shale. As part of the joint venture, Statoil and Talisman have jointly acquired the Eagle Ford assets of Enduring, comprising 97,000 acres (48,500 net to Statoil), in a $1.325 billion transaction. Furthermore, Statoil will acquire 50% of Talisman’s existing Eagle Ford acreage and production for $180 million (18,500 acres net to Statoil).

Natural gas - North America
United-States - Production - Asset - Statoil
 
 26 10 / 10 / 2010  Chesapeake Energy
 
 Chesapeake Energy Corporation and CNOOC Limited Announce Eagle Ford Shale Project Cooperation Agreement. CNOOC Limited, will purchase a 33.3% undivided interest in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas. The consideration for the sale will be $1.08 billion in cash at closing, subject to adjustment. In addition, CNOOC Limited has agreed to fund 75% of Chesapeake's share of drilling and completion costs until an additional $1.08 billion has been paid, which Chesapeake expects to occur by year-end 2012.

Natural gas - International
 - Production - Asset - Chesapeake Energy
 
 27 7 / 10 / 2010  BP
 
 BP and SOCAR Sign Shafag-Asiman PSA, in the Azerbaijan sector of the Caspian Sea. Under the PSA, which is for 30 years, BP Exploration (Azerbaijan) Limited will be the operator with 50 per cent interest while SOCAR will hold the remaining 50 per cent equity.

Oil - FSU
Azerbaijan - Exploration - Project - BP
 
 28 29 / 9 / 2010  ExxonMobil
 
 ExxonMobil Announces Odoptu Production Startup at Sakhalin-1 Project in Russia. Field to Produce up to 11 Million Barrels of Oil in 2011. The Sakhalin-1 project includes the phased development of the Chayvo, Odoptu and Arkutun-Dagi fields, with an estimated total resource of 2.3 billion barrels (307 million tons) of oil and 17 trillion cubic feet (485 billion cubic meters) of natural gas. The Chayvo field, which was the initial phase of the Sakhalin-1 project, began production in 2005.

Oil - FSU
Russia - Production - Commissioning - ExxonMobil
 
 29 28 / 9 / 2010  Shell
 
 New growth for Shell in Upstream Americas. Shell’s oil & gas production in the region could reach 1 million barrels of oil equivalent per day in 2014, an increase of some 40% on current levels, subject to the pace of investment, which could be some $40 billion for the 2011-14 period.

Oil - North America
 - Development - Project - Shell
 
 30 20 / 9 / 2010  Chevron
 
 Chevron Acquires Deepwater Exploration Lease in the Turkish Black Sea. Türkiye Petrolleri Anonim Ortakl??? (TPAO) holds the remaining 50 percent interest in the license and will be the operator of the initial exploratory well currently being drilled. If the initial well is successful, 3D seismic will be acquired and an additional exploratory well will be drilled by TPAO during 2012.

Oil - Western Europe
Turkey - Exploration - Asset - Chevron
 
News21 to 30 on 6240    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   


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