. . . and sanctions Angola project
Chevron's Cabinda Gulf Oil Company subsidiary has made the final investment decision and is proceeding with the development of the Mafumeira Sul project offshore Angola.
final investment decision
Statoil gets go-ahead for Mariner
The UK Government gave Norwegian energy giant Statoil the go-ahead yesterday for one of the biggest projects in the North Sea.
West of Shetland to deliver for OMV
Austrian oil, gas and power firm OMV has said it is to spend "billions" in the North Sea as it looks to balance and grow its production portfolio.
Exxon sniffs 90bn barrels
Russian company Rosneft has indicated that its joint venture with ExxonMobil is considering development of some 90billion barrels oil equivalent in the Russian Arctic and Black Sea.
Danish company orders $155million windfarm ship
A further windfarm construction ship has been ordered by Danish contractor at a cost of around $155million with delivery set for 2014.
Massive Mozambique
Anadarko's 7th well drilled offshore Mozambique has successfully appraised previous discoveries Lagosta and Camarao. The Lagosta-2 appraisal well, located about 7km north of the Lagosta discovery and 8.5 km south of the Camarao well, encountered 37m (777 total net ft) of natural gas pay in multiple zones.
Valiant excited by drilling prospects
Valiant Petroleum said yesterday it was firming up an exciting exploration programme over the next 24 months.
Shtokman sets Arctic challenge
A major decision about the surface facilities for the giant Barents Sea Shtokman development will be made this year.
Shtokman company ready for action
ON FEBRUARY 21, Gazprom, Total and StatoilHydro signed a historic shareholder agreement for the creation of a company to develop phase one of the giant Shtokman gas field in the Russian sector of the Barents Sea.