News Archive for: August 2012

UK independent EnQuest this week began evaluating bids from a quartet of contractors angling to supply a floating production, storage and offloading vessel for its Kraken project in the UK North Sea.

The four contenders include Bluewater, Teekay Petrojarl and Bumi Armada, with BW Offshore having replaced financially-stricken Aker Floating…

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petróleo Brasileiro S.A. (Petrobras) for a world-scale grassroots gas-to-chemicals complex in Linhares, Espirito Santo State, southeast Brazil, called Complexo Gás-Químico UFN-IV. Foster Wheeler will provide basic…

Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that it has been informed by operator TAQA Bratani Limited (“TAQA”) that drilling operations have commenced for the Contender prospect in UK Northern North Sea Block 211/22a Contender Area (the “Contender Block”).

The well,…

A large hike in production sent London-listed explorer Premier Oil to a record set of half-year results in the first six months.

New fields coming onstream in Indonesia and Vietnam helped boost average production to 58,400 barrels of oil equivalent per day from 36,900 boepd in the comparable period a…

Britain’s upstream oil and gas industry is maintaining a stable and positive outlook according to the business confidence index for the second quarter of the year, published by Oil & Gas UK today (22 August).

The overall index rose by one point from 64 to 65 on a 100 point…