en Fri, 20 Jul 2007 10:15:08 UT Big Medium 2.0b49 http://blogs.law.harvard.edu/tech/rss http://www.oilgas24.com/bm/Financial/index.shtml Oslo-based pump maker Bjoerge will enter the rig-propulsion business with U.S.-based Flowserve and a new concept to make thrusters more efficient, it was understood Friday. Fri, 20 Jul 2007 10:10:01 UT http://www.oilgas24.com/bm/Financial/bjoerge-flowserve-to-propel-rigs.shtml http://www.oilgas24.com/bm/1434 Rigs/Rig supplier news Financial Financial/Supplier News News http://www.oilgas24.com/bm/Oil/norway-2007-to-set-186b-spending-record.shtml http://www.oilgas24.com/bm/By_Province/norway-80-of-column-drive-new-build-rig-market.shtml Process automation company Honeywell has notched 17 percent higher net income for second-quarter 2007 year-on-year, a $611 million result that coincides with a buy-up in its process solutions unit. Fri, 20 Jul 2007 08:54:07 UT http://www.oilgas24.com/bm/Financial/honeywell-buying-oil-gas-automator-enraf.shtml http://www.oilgas24.com/bm/1432 Oil Oil/Technology Gas Gas/Technology Financial Financial/Supplier News News Private equity and venture capital firm 3i will invest an undisclosed amount in Singapore-based deepwater mooring expert Franklin Offshore, it was learned Friday. Fri, 20 Jul 2007 08:19:39 UT http://www.oilgas24.com/bm/Financial/3i-invests-in-singapores-franklin.shtml http://www.oilgas24.com/bm/1431 Financial Financial/Supplier News News http://www.oilgas24.com/bm/Financial/venture-wins-410m-in-3i-arclight-investment.shtml Aberdeen market favourite Venture Petroleum is in for a £200-million ($410.5-million) investment by 3i and energ investor ArcLight Capital Partners in exchange for a 10-percent share that’ll put the institutions in the boardroom. Thu, 19 Jul 2007 10:00:00 UT http://www.oilgas24.com/bm/Financial/venture-wins-410m-in-3i-arclight-investment.shtml http://www.oilgas24.com/bm/1430 Financial Financial/Oil Company News News http://www.oilgas24.com/bm/Oil/venture-gets-jack-ups-semi-to-grow-barrel-count.shtml http://www.oilgas24.com/bm/Gas/venture-says-amanda-nothing-without-agatha.shtml http://www.oilgas24.com/bm/Oil/venture-stronger-for-chestnuts-and-round-rigs.shtml Drilling contractor Noble Corp. has posted a 60-percent earnings increase over the year-ago period and upped shareholder value 66 percent despite $342 million spent on major equipment orders. Thu, 19 Jul 2007 08:42:55 UT http://www.oilgas24.com/bm/Financial/noble-earnings-soar-60-dayrate-hits-525000.shtml http://www.oilgas24.com/bm/1425 Rigs Rigs/Rig market Financial News http://www.oilgas24.com/bm/Oil/noble-rigs-two-year-job-starts-with-four-well-vent.shtml http://www.oilgas24.com/bm/By_Province/Americas_offshore_provincial/GOM/noble-profit-up-72-as-fleet-earnings-deepen.shtml http://www.oilgas24.com/bm/By_Province/Yard_News/noble-baredeck-is-377m-marathon-hire.shtml Pearl Exploration and Production Ltd. has signed a Letter of Intent to acquire a 24% working interest in the Mooney oil field from Ravenwood Energy Corp. ("Ravenwood"), a private oil and gas company. Thu, 19 Jul 2007 02:02:27 UT http://www.oilgas24.com/bm/Financial/pearl-to-increase-stake-in-mooney-oil-field.shtml http://www.oilgas24.com/bm/1424 Financial Financial/Supplier News News Halliburton has been awarded a contract as provider of completion products and services to a group of energy companies for operations throughout Malaysia for a term of five years. The group includes PETRONAS Carigali, Exxon, Shell and Newfield. Valued at (USD) $200 million, the contract has the potential to extend beyond the five-year term. Thu, 19 Jul 2007 01:54:59 UT http://www.oilgas24.com/bm/Financial/Supplier_News/halliburton-awarded-200-million-contract.shtml http://www.oilgas24.com/bm/1423 Financial/Supplier News News Toronto-based E&P company Serica Energy has secured the load of $100 million from JPMorgan Chacse Bank, North America, and the Bank of Scotland to fund its oilfield development work on three continents, it was understood Wednesday. Wed, 18 Jul 2007 10:13:40 UT http://www.oilgas24.com/bm/Financial/serica-secures-100m-for-bream-kambuna-columbus.shtml http://www.oilgas24.com/bm/1422 Financial Financial/Oil Company News News Premier has separated itself in Pakistan from a $64-million-year joint venture with Kuwait Foreign Petroleum Exploration Co., just as the company’s international assets require attention ahead of surrendering hydrocarbons. Wed, 18 Jul 2007 08:13:39 UT http://www.oilgas24.com/bm/Financial/premier-ends-pakistan-pact-as-projects-beckon.shtml http://www.oilgas24.com/bm/1418 Financial Financial/Oil Company News News http://www.oilgas24.com/bm/Oil/premier-picks-up-scott-stake-for-526m.shtml http://www.oilgas24.com/bm/Oil/premier-piles-into-african-salt-uk-satellite.shtml http://www.oilgas24.com/bm/By_Province/North_Sea_Rim/premier-profit-up-75-as-indonesia-seeps-beckon.shtml http://www.oilgas24.com/bm/Oil/premier-hooks-tuna-on-vietnam-indonesia-line.shtml http://www.oilgas24.com/bm/By_Province/North_Sea_Rim/premier-oil-gets-nod-to-operate-norway-acreage.shtml Plains Exploration & Production Co. will acquire Pogo Producing Co. for $3.6 billion in stock and cash in a deal that will create a new entity wielding 1.4 billion barrels of oil equivalent, it was announced Tuesday. Tue, 17 Jul 2007 14:33:51 UT http://www.oilgas24.com/bm/Financial/plains-to-buy-pogo-for-36b.shtml http://www.oilgas24.com/bm/1414 Financial Financial/Oil Company News News http://www.oilgas24.com/bm/By_Province/pogo-cashing-2b-in-canada-lots-out-to-taqa.shtml http://www.oilgas24.com/bm/By_Province/Americas_offshore/pogos-q4-loss-no-hindrance-to-drill-bit.shtml http://www.oilgas24.com/bm/Oil/New_Developments/plains-all-american-provides-update-on-high-island.shtml Dublin-based independent, Island Oil & Gas, has struck a farm-in agreement and license-developmen alliance with Supernova Energy, a business of Bluewater Group in the Netherlands, another “promote” type alliance in the North Sea periphery. Tue, 17 Jul 2007 08:08:20 UT http://www.oilgas24.com/bm/Financial/island-bluewater-to-develop-offshore-ireland.shtml http://www.oilgas24.com/bm/1407 Oil Oil/Exploration Gas Gas/Exploration By Province By Province/North Sea Rim Financial Financial/Oil Company News News http://www.oilgas24.com/bm/Oil/island-oil-gas-updated-resource-estimates-from-fug.shtml The high end 12 streamer capacity 3D vessel Geowave Champion successfully completed her sea trials this weekend. The formal vessel redelivery from the Yard to the Vessel Owner is scheduled for Thursday July 19. The vessel will mobilise for Statoil next week. This is two weeks later than previously guided. Tue, 17 Jul 2007 02:20:25 UT http://www.oilgas24.com/bm/Financial/Supplier_News/wavefield-inseis-status-on-delivery-of-new-vessels.shtml http://www.oilgas24.com/bm/1406 Financial/Supplier News News Basic Energy Services, Inc. reported selected operating data for the month of June 2007. During the month, Basic added nine newbuild rigs and retired one rig, increasing its well servicing rig count to 379 as of June 30, 2007. Rig hours for the month of June 2007 were 68,500 producing a rig utilization rate of 79.1%, an increase from 73.3% in the prior month and a decrease from 92.5% in the same month in 2006. Mon, 16 Jul 2007 09:07:22 UT http://www.oilgas24.com/bm/Financial/Supplier_News/basic-energy-reports-selected-operating-data-for-j.shtml http://www.oilgas24.com/bm/1401 Financial/Supplier News News U.K.-listed independent Irvin Energy has bought a 50 percent stake in 52,000 acres of oil and gas leases in Oklahoma from local producer Metro Energy Group for $11.1 million, in a deal that includes shale developments. Mon, 16 Jul 2007 09:01:05 UT http://www.oilgas24.com/bm/Financial/irvine-grows-kansas-field-stakes.shtml http://www.oilgas24.com/bm/1399 Oil Oil/Exploration Gas Gas/Exploration By Province By Province/Americas onshore Financial Financial/Oil Company News News http://www.oilgas24.com/bm/Financial/chesapeake-increase-stake-in-barnett-shale.shtml http://www.oilgas24.com/bm/Financial/triangle-secures-shale-gas-prospect-in-nova-scotia.shtml Somon Oil, a 90% owned subsidiary of Manas' 100% owned subsidiary DWM Petroleum AG, has been awarded an exploration license by the Tajikistan government. Fri, 13 Jul 2007 02:19:05 UT http://www.oilgas24.com/bm/Financial/Supplier_News/tajikistan-exploration-license-to-manas.shtml http://www.oilgas24.com/bm/1390 Financial/Supplier News News