Chesapeake Cuts Board Pay Following Compensation Review
published on Fri, 18 May 2012 at www.rigzone.com
Chesapeake said it decided to trim compensation for outside directors by 20% and eliminates the use of fractionally owned aircraft for personal travel by outside directors.
Crude Slips As Macro Worries Weigh On Market
published on Fri, 18 May 2012 at www.rigzone.com
Oil futures slid for the sixth session in a row Friday, settling at their lowest level in nearly seven months.
John Chance Land Surveys Names President
published on Fri, 18 May 2012 at www.rigzone.com
Jimmie Stoute has been named President of survey company John Chance Land Surveys, Inc. (Chance).
Infocast to Hold Shale Boom Workforce Summit in June
published on Fri, 18 May 2012 at www.rigzone.com
Infocast has assembled a wide array of industry experts to give hands-on, practical advice for resolving these challenges at the Shale Boom Workforce Summit.
Travel Restrictions Eased on BP Engineer Mix
published on Fri, 18 May 2012 at www.rigzone.com
Judge Daniel Knowles agreed to ease travel restrictions on Kurt Mix, who was charged with destroying evidence sought in the investigation of the Deepwater Horizon oil spill, Bloomberg reported Friday.
Repsol: Exploratory Well In Cuban Waters Not Successful
published on Fri, 18 May 2012 at www.rigzone.com
Repsol YPF SA said that an exploratory well in Cuban waters was not successful and will be capped.
Cook Inlet Lease Sale Shows 'Positive Upturn' for Cook Inlet Exploration
published on Fri, 18 May 2012 at www.rigzone.com
The Cook Inlet O&G Lease results "are in line with the positive upturn in exploration activity and lease sale bidding in the Cook Inlet hydrocarbon basin seen over the past two years," DNR said in a statement.
Energy Giant Pumping $200M into Its Pakistani Projects
published on Fri, 18 May 2012 at www.rigzone.com
United Energy Group (UEG) Limited has raised its capital expenditure investment for its Pakistan assets to $200 million for exploitation and exploration works.
BP Orders North Sea Vessels
published on Fri, 18 May 2012 at www.rigzone.com
Energy giant BP has ordered four new platform-support vessels for the North Sea.
Heritage Oil All Smiles over Miran West 3 Results
published on Fri, 18 May 2012 at www.rigzone.com
"We are delighted with the Miran West 3 test results which give us great comfort on the extent of the primary gas reservoir and demonstrates its producibility," CEO Tony Buckingham said.
Colombia Oil Reserves Rose 10% In 2011; Government Says More Needed
published on Fri, 18 May 2012 at www.rigzone.com
Colombia's proven oil reserves climbed 10% last year compared with 2010, but the govt says more is needed and is urging companies to spend more on exploration.
Turkey Threatens Reprisals over Cyprus O&G Drilling
published on Fri, 18 May 2012 at www.rigzone.com
Turkey warns firms cooperating with the Greek Cypriot administration will not be allowed to participate in future energy projects in Turkey.
Volga Gas Expected to Boost Dobrinskoye Production Soon
published on Fri, 18 May 2012 at www.rigzone.com
Volga reports successful production test on VM field, but analysts more interested in operation to upgrade Dobrinskoye field.
Afren Strikes Oil at Ebok Well
published on Thu, 17 May 2012 at www.rigzone.com
Afren plc announced that the Ebok North Fault Block exploration well has encountered net oil pay in excellent quality reservoir sands.
Fairmount Alpine Tows Semisub to Gulf
published on Thu, 17 May 2012 at www.rigzone.com
Fairmount Marine's tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Brazil to Galveston.
Ocean Installer Pens Frame Contract with Oceaneering
published on Thu, 17 May 2012 at www.rigzone.com
Ocean Installer awards a frame contract for the delivery of Remotely Operated Vehicle (ROV) services to Oceaneering.
Peritus Strengthens Management Team
published on Thu, 17 May 2012 at www.rigzone.com
Peritus International has further strengthened its Management Team with the announcement of the appointment of Robert (Bob) Terrell as President of Peritus Americas.
ABB Scores Order for Subsea Pipeline Construction Vessels
published on Thu, 17 May 2012 at www.rigzone.com
ABB recently won an order from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels off the coast of Brazil.
Hurricane CFO Quits
published on Thu, 17 May 2012 at www.rigzone.com
Hurricane Exploration Plc announced that Nicholas Briggs has left the company as Chief Financial Officer.
Oil Benchmarks Move Closer Together, Even As They Fall
published on Thu, 17 May 2012 at www.rigzone.com
The Midwest refinery move will reduce a vast glut of oil that has pooled in the middle of the country and narrowed the difference between the oil market's two benchmark contracts.