ExxonMobil Plans Five-Year Investment of $185 Billion

NEW YORK--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in a presentation...

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Technip awarded an engineering contract for Luva

Technip was awarded a lump sum front-end engineering design (FEED) contract by Statoil ASA for the development of the Luva floating platform, offshore Norway, at a water depth of approximately 1,300 meters (4,265 feet). The contract covers the design and...

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SONGA OFFSHORE SE : FEBRUARY FLEET UPDATE

Songa Venus achieved an operating efficiency of 100% during the month, the rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency of 100% during the month, the rig is operating for Petronas Carigali in Malaysia.Songa...

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EDC announces renaming of Trident 20 jack-up rig to SATURN

MOSCOW,  March 7, 2012 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, announces that in February 2012 its TRIDENT 20 jack-up...

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SCALDIS orders crane ship from STX

SCALDIS orders unique crane ship with 4,000 ton hoisting capacity for offshore installation and decommissioning work for the oil, gas and renewable energy industries Antwerp, 8 March 2012 - The shareholders of the Antwerp-based specialist in...

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