J. Ray McDermott, S.A. (J. Ray), a subsidiary of McDermott International, Inc., has been awarded a project to upgrade crude gathering and power supply facilities in Saudi Aramco's Safaniya field.
Melrose Resources plc, the oil and gas exploration, development and production company with interests in Egypt, Bulgaria, Romania the United States of America, France and Turkey, announced its annual results for the year ended 31 December 2009.
Statoil, the Norwegian explorer said that it finalized the heavy work of the offshore lifting of two wellhead platforms on the Peregrino oilfield off Brazil.
Adco, Abu Dhabi National Oil Company, Adco announced that it signed a $560.4 million oilfield development contract with the UAE's National Petroleum Construction Company (NPCC).
China National Petroleum Corporation (CNPC) and Royal Dutch Shell plc (Shell) announced plans to jointly develop and produce natural gas in China’s Sichuan basin.
RAK Petroleum said that it found gas in the Hamrat Duru-4 appraisal well in Block 30 onshore Oman. Hamrat Duru-4 is the first appraisal well drilled to test the Shuaiba reservoir on the Hamrat Duru structure as the primary target.
Gulfsands Petroleum plc, announced that the Company has reached an agreement to acquire working interest positions in two exploration permits in Tunisia (Chorbane and Kerkouane Permits) and one exploration permit in Southern Italy (G.R15.PU) from AuDAX Resources Ltd.
Many reports indicate that four Chinese companies will be placing their bids for a 40% stake in a field off Brazil, being offered by the Norwegian giant Statoil.
EnCore Oil announced that it sealed an agreement with Egdon Resources for the sale of its UK and French onshore property and a share in the UK offshore Ceres gas field.
PetroChina, China's top energy company, stated that it's planning to boost its presence in the Middle East in a move intended to increase foreign production to meet a shortfall from domestic fields.