Greenpeace occupies oil rig off Istanbul

Greenpeace says its activists have climbed aboard an oil rig to prevent its departure for Greenland to begin drilling in the Arctic.The environmental group said Friday activists used speedboats to intercept and climb aboard the Leiv Eiriksson as it left Istanbul....

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Lukoil and Rosneft Sign a Deal on Long-term Cooperation

Today, President of Rosneft Eduard Khudaynatov and Head of Lukoil Vagit Alekperov signed an agreement on long-term cooperation between their companies. Deputy Prime Minister Igor Sechin was present during the signing ceremony. Capitalizing on the successfully...

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Malfunction Occurred on CNOOCs FPSO Haiyangshiyou 102

CNOOC Limited (the “Company" , NYSE: CEO, SEHK: 0883) announced today that, a malfunction occurred on the single point mooring system of the Floating, Production, Storage and Offloading (FPSO) vessel “Haiyangshiyou 102” serving in the Bohai Bay due to rough sea...

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Transocean Issues Update on Macondo Incident

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that an affiliate of BP plc on April 20, 2011 filed a cross-claim against Transocean entities in the existing Multi-District Litigation proceeding in the U.S. District Court, Eastern District of Louisiana...

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Westsrar Complets Landmark Offshore Aviation Deals

Weststar Aviation Services Sdn Bhd has completed landmark offshore aviation contracts with five major players in the oil and gas industry to provide Rotary Wing Services for the next 10 years worth an estimated RM4.2 billion. Group managing director Tan Sri Syed...

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BP Commits to Early Restoration Projects Along Gulf Coast

Effort aims to restore natural resources affected by spill  BP Exploration & Production, Inc. (BP) today announced it has signed a ground breaking agreement with federal and state agencies that will accelerate work starting this year to restore areas...

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ENSCO 8504 Ultra-Deepwater Semisubmersible Contracted in Brunei

Ensco plc (NYSE: ESV) announced today that a subsidiary of the Company has entered into a drilling contract for ENSCO 8504 with TOTAL E&P Deep Offshore Borneo B.V. Delivery from the shipyard in Singapore is planned for the end ofJuly...

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Golar Announces West Java FSRU Contract

Golar LNG Energy on Wednesday announced that the long term Floating Storage and Regasification (FSRU) and Mooring time charter with PT Nusantara Regas, a joint venture between Pertamina and PGN ("West Java FSRU Project "), has been concluded and was executed on...

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STX mulls sale of $240 mln stake in STX OSV, eyes IPOs

South Korea's STX Group is considering selling an additional 20 percent stake in Singapore-listed shipbuilder STX OSV , worth around 260 billion Korean won ($240.5 million) in May or June, the company said on Friday. [Read More] Source: Reut...

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Smooth Delivery of 12-Streamer Seismic Vessel “COSL 720”

China Oilfield Services Limited （“COSL” or the “Company”） announces today its successful delivery of 12-Streamer Seismic Vessel “COSL 720” in Shanghai Shipyard Co. Ltd. （“Shanghai Shipyard”）, Chongming Island Base. The ceremony saw attendance of the representatives...

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COSL Pioneer Arrived in Norway Successfully

5:00 pm Norway time on April 18th, the first semi-submersible drilling platform COSL Pioneer of Norway CDE Company, which subordinate to China Oilfield Services Limited “COSL” or the “Company”, after long sailing journey of over 100 days, successfully...

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