Posts Tagged ‘Partnership’

Iraq Says Exxon, Shell Accept Contract Changes

January 19th, 2010

By HASSAN HAFIDH
A consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC accepted contract amendments made by the Iraqi government to develop an oil field in southern Iraq, a senior Ministry of Oil official said.
“They have accepted the changes, and we are finalizing the deal with them on Jan. 25,” Abdul Mahdy al-Ameedi, [...]

Ur-Energy Updates its Hauber Project With Bayswater Uranium

January 13th, 2010

Ur-Energy Inc. announces Bayswater Uranium Corporation (TSX VENTURE: BYU)(”Bayswater”) has completed a National Instrument 43-101 (”NI 43-101″) technical report for Ur-Energy’s wholly-owned subsidiary Hauber Project LLC (the “Hauber Project”). Ur-Energy and Bayswater completed a venture agreement in December 2009 by which Bayswater, as an earn-in member of the venture, may earn a 75% interest [...]

Wheatstone Project Welcomes New Partners on LNG Trains 1 and 2

October 22nd, 2009

SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX - News), through its subsidiaries Chevron Australia Pty Ltd and Chevron (TAPL) Pty Ltd, announced that it signed an agreement with Apache Julimar Pty Ltd, a subsidiary of the Apache Corporation (NYSE: APA - News), and KUFPEC Australia (Julimar) Pty Ltd, a subsidiary of the Kuwait Foreign Petroleum [...]

Iraq approves oil deal with BP-led consortium

October 18th, 2009

BAGHDAD – The Iraqi government has approved a deal with a consortium led by British giant BP PLC to develop a prized oil field in the south in a major step forward for the country’s oil industry.
BP, which was booted from the country in 1972 when Saddam Hussein nationalized the oil industry, and its partner [...]

Blugrass Energy Inc. Announces “Farm In” Agreement With Doral Energy Corp.

October 17th, 2009

CALGARY, AB–(Marketwire - 10/16/09) - Blugrass Energy Inc. (OTC.BB:BLUG - News) is pleased to announce that Doral Energy Corp. (”Doral”) has entered into negotiations with Blugrass Energy, the owner(s) of the Cave Pool Unit located in Eddy County New Mexico, as a result of the October 12, 2009 closing by and between Blugrass Energy Inc. [...]

Halliburton Wins Talisman Deal

October 15th, 2009

Yesterday, oilfield service provider Halliburton Company (NYSE: HAL - News) announced the receipt of a two-year, $229 million contract from the Norwegian subsidiary of Talisman Energy Inc (NYSE: TLM - News). The deal calls for Halliburton to provide drilling fluids and related services to all Talisman-operated fields on the Norwegian Continental Shelf.
Halliburton further said [...]

Boots & Coots and add energy Enter into Cooperative Agreement

October 7th, 2009

HOUSTON–(BUSINESS WIRE)–Boots & Coots (NYSE:WEL - News) and add energy have entered into a cooperation agreement to be able to market and offer an integrated risk management solution covering blowout prevention, mitigation, response and related services.
“This agreement gives Boots & Coots instant exposure to producers working in the prolific Norwegian Continental Shelf as well as [...]

Compton Petroleum announces terms of $150 million bought deal equity offering

September 11th, 2009

CALGARY, Sept. 11 /PRNewswire-FirstCall/ - Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) is pleased to announce the terms of its previously announced public offering (the “Offering”) of units of Compton (”Units”). Compton has entered into an agreement with a syndicate of underwriters, led by Canaccord Capital Corporation and including BMO Capital Markets Inc., [...]

Trico Marine Group Awarded $50 Million in Contracts

September 10th, 2009

THE WOODLANDS, Texas, Sept. 9, 2009 (GLOBE NEWSWIRE) — Trico Marine Services, Inc. (Nasdaq:TRMA - News) (the “Company” or “Trico”) today announced new contract awards representing $50 million in value, approximately $35 million of which are new subsea contract awards for projects in Norway, Mexico, and the United States.
In the Company’s Towing and Supply division, [...]

Green Star Energy (GSAE) To Be First Developer of Wind Energy in Serbia

August 10th, 2009

Green Star Alternative Energy (GSAE) focuses on developing renewable electricity in Europe, the United States, and China. It produces energy from wind, water, and sunlight.
GSAE is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of [...]