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Drilling & production - 16 June 2011

Mozambique begins the search for potential explorers

Mozambique, the East African country which has already proved its potential as a major contender for its oil and gas reserves, will be soliciting for bids to open up the area in the northern province for exploration.

 
 

Petrobras has awarded GE a US$ 200 million subsea contract

GE Oil & Gas has announced that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petrobras). The long-term contract is initially valued in excess of US$ 200 million.