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    <title>Bjoerge, Flowserve to propel rigs</title>
    <description>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.</description>
    <pubDate>Fri, 20 Jul 2007 10:10:01 UT</pubDate>
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    <title>Thai round attracts Salamander, Chevron</title>
    <description>Thailand’s latest oil and gas round has attracted 41 applications for 21 mostly landward blocks — an eclipse of last year’s interest — with local supermajor Chevron seeking out three offshore blocks, Reuters reported Friday.</description>
    <pubDate>Fri, 20 Jul 2007 09:47:00 UT</pubDate>
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    <title>Honeywell buying oil-gas automator Enraf</title>
    <description>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.</description>
    <pubDate>Fri, 20 Jul 2007 08:54:07 UT</pubDate>
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    <title>3i invests in Singapore’s Franklin</title>
    <description>Private equity and venture capital firm 3i will invest an undisclosed amount in Singapore-based deepwater mooring expert Franklin Offshore, it was learned Friday.</description>
    <pubDate>Fri, 20 Jul 2007 08:19:39 UT</pubDate>
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    <title>Venture wins $410M in 3i, ArcLight investment</title>
    <description>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.</description>
    <pubDate>Thu, 19 Jul 2007 10:00:00 UT</pubDate>
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    <title>Genesis hires AGR, semi-submersible</title>
    <description>Genesis Petroleum has hired AGR Petroleum Services to undertake a complete well services project and make available the Byford Dolphin semi-submersible rig to drill the company’s first U.K. well early in 2008.</description>
    <pubDate>Thu, 19 Jul 2007 09:31:43 UT</pubDate>
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    <title>NNPC, Total eye 100,000 bpd Ofon 2</title>
    <description>Nigerian National Petroleum Corp. and Elf (Total) have started Phase 2 of the Ofon field development, 50 kilometres off the southwest coast of the West African country.</description>
    <pubDate>Thu, 19 Jul 2007 09:10:18 UT</pubDate>
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    <title>Total cuts Dalia flows in half</title>
    <description>Total of Paris has had to halve production at its 220,000-barrel-per-day Dalia field offshore Angola, after a turbo generator failed, it was understood Thursday.</description>
    <pubDate>Thu, 19 Jul 2007 08:54:56 UT</pubDate>
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    <title>Noble earnings soar 60%, dayrate hits $525,000</title>
    <description>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.</description>
    <pubDate>Thu, 19 Jul 2007 08:42:55 UT</pubDate>
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    <title>Pearl to increase stake in Mooney Oil Field</title>
    <description>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. (&quot;Ravenwood&quot;), a private oil and gas company.</description>
    <pubDate>Thu, 19 Jul 2007 02:02:27 UT</pubDate>
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    <title>Halliburton awarded $200 million contract</title>
    <description>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.</description>
    <pubDate>Thu, 19 Jul 2007 01:54:59 UT</pubDate>
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    <title>Serica secures $100M for Bream, Kambuna, Columbus</title>
    <description>Toronto-based E&amp;amp;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.</description>
    <pubDate>Wed, 18 Jul 2007 10:13:40 UT</pubDate>
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    <title>Dragon uses $100M, pumps 50% more Caspian oil</title>
    <description>Ireland-based Caspian explorer Dragon Oil has increased its first-half 2007 production by 52 percent to 28,300 barrels of oil per day, with an eighth new well planned for month’s end.</description>
    <pubDate>Wed, 18 Jul 2007 09:52:12 UT</pubDate>
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    <title>Excel, Afren to to share cost of Eremor</title>
    <description>Africa-focused explorer Afren has farmed into Excel Exploration &amp;amp; Production Ltd.’s Eremor field development in Nigeria, where officials have given their go-ahead for development.</description>
    <pubDate>Wed, 18 Jul 2007 09:29:14 UT</pubDate>
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    <title>Premier ends Pakistan pact, as projects beckon</title>
    <description>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.</description>
    <pubDate>Wed, 18 Jul 2007 08:13:39 UT</pubDate>
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