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Drilling & production

Another Indian company invests in coal assets abroad

Lanco Infratech Ltd, a major Indian infrastructure company, has acquired Western Australian coal miner, Griffin Coal Mining Co. Pty Ltd and Carpenter Mine Management Pty Ltd (Griffin Coal).

 

First Oil in Ghana

Tullow Oil and its Jubilee partners are celebrating First Oil from the Jubilee field today. The first shipment is expected to be exported in January 2011.

 
 

Developing geothermal power in Rwanda

The Government of Rwanda has secured loans to help increase its national power output and develop its geothermal resources.

 
 
 
 

B&W awarded DOE uranium contract

Babcock & Wilcox Conversion Services have been awarded a five year US$ 428 million contract for uranium conversion services.

 

Chevron announces US$ 26 billion capital and exploratory budget for 2011

Chevron Corporation has announced a US$ 26 billion capital and exploratory spending programme for 2011. Approximately 85% of the 2011 spending programme is for upstream oil and gas exploration and production projects worldwide. Another 10% is associated with the company's downstream businesses.

 
 
 

Husky signs agreement with CNOOC for Liwan 3-1 field development

Husky Energy Inc. has announced that its wholly owned subsidiary, Husky Oil China Ltd., has signed a Heads of Agreement with China National Offshore Oil Corporation (CNOOC), specifying the key principles of cooperation for funding and operation of the Liwan 3-1 deep water gas field development.

 

RWE Dea Norge discovers oil offshore Norway

The series of exploration successes for RWE Dea in Norway continues. Having already made a major gas discovery in the Zidane licence area in mid-September, the semisubmersible drilling rig Bredford Dolphin just made another discovery in the Titan prospect (PL 420), with a promising oil discovery.

 
 

UK to cash in on shale gas?

Cuadrilla Resources has found shale gas after drilling 4000 ft down into the Bowland Shale formation in Lancashire, Northern England.