offshore oil

Canada’s Nexen oil company shareholders approve Chinese takeover for $15.1 billion


September 22nd, 2012 - 9:21 pm ICT by BNO News
CALGARY, CANADA (BNO NEWS) -- Canadian oil and gas company, Nexen Inc., on Thursday announced that its shareholders have approved the proposed takeover by China National Offshore Oil Company (CNOOC).The Plan of ... Read more...

Posted in Business |

Brazil reduces Chevron fine for oil spill


September 18th, 2012 - 12:03 pm ICT by IANS
Rio de Janeiro, Sep 18 (IANS/EFE) Chevron will be fined $17 million for an offshore oil spill rather than the nearly $25 million announced in July, the head of Brazil's ... Read more...

Posted in Environment |

Mexico makes large offshore oil find


August 30th, 2012 - 12:10 pm ICT by IANS
Mexico City, Aug 30 (IANS/EFE) Mexican state-owned oil giant Petroleos Mexicanos, or Pemex, has made a large deep-water light crude discovery in the Gulf of Mexico off the coast of ... Read more...

Posted in Business |

Brazil importing Spanish defence technology


August 24th, 2012 - 12:09 pm ICT by IANS
Sao Paulo, Aug 24 (IANS/EFE) Brazil has begun to import Spanish defence training technology, a media report said Thursday.Simulators from Tecnobit, S.L., will be installed in Brazil at two training ... Read more...

Posted in Business |

China to react if India seeks oil in South China Sea


August 1st, 2012 - 4:33 pm ICT by IANS
Beijing, Aug 1 (IANS) India and Vietnam should be given a "strong response" if they insist on exploring oil and gas in waters claimed by China, a Chinese newspaper has ... Read more...

Posted in World |

Myanmar gas exploration contract inked


June 11th, 2012 - 1:10 pm ICT by IANS
Yangon, June 11 (IANS) A contract has been inked on exploring gas at an onshore block in Myanmar, official media reported.Under the production sharing contract, signed among state-run Myanmar Oil ... Read more...

Posted in Business |

China begins drilling in South China Sea


May 9th, 2012 - 3:51 pm ICT by IANS
Beijing, May 9 (IANS) China's first deep-water drilling rig started operation in the South China Sea Wednesday, marking "a substantial step" by the country's oil industry, a newspaper reported.The sixth-generation ... Read more...

Posted in World |

Beijing-Manila row over island


May 8th, 2012 - 12:50 pm ICT by IANS
Beijing, May 8 (IANS) China has slammed Manila's attempt to rename Huangyan Island as Beijing is set to launch its first deep water oil rig in the South China Sea.Manila ... Read more...

Posted in Uncategorized |

Russia to spend $44 bn on Arctic projects


April 6th, 2012 - 10:12 am ICT by IANS
Moscow, April 6 (IANS/RIA Novosti) Russia intends to spend 1.3 trillion rubles (around $44 billion) on economic and social projects in the Arctic till 2020, a minister said.Viktor Basargin, minister ... Read more...

Posted in Business |

US to lease out Gulf of Mexico chunk for oil drilling


January 27th, 2012 - 2:14 pm ICT by IANS
Washington, Jan 27 (IANS) The US government Thursday announced plans to sell leases for 38 million acres in central Gulf of Mexico for oil exploration to increase domestic energy ... Read more...

Posted in Business |

US to explore oil in Gulf of Mexico


January 27th, 2012 - 6:30 am ICT by IANS
Washington, Jan 27 (IANS) The US government Thursday announced plans to lease sites in the Gulf of Mexico for oil exploration.It is expected to generate one billion barrels of oil ... Read more...

Posted in Business |

China assesses oil spill damage


October 15th, 2011 - 2:47 pm ICT by IANS
Beijing, Oct 15 (IANS) China has launched a probe after an oil spill was detected in Bohai Sea off its northern coast.It was discovered Friday near an oil field in ... Read more...

Posted in World |

Brazilian firm finds offshore oil, gas fields


July 6th, 2011 - 11:47 am ICT by IANS
Rio de Janeiro, July 6 (IANS/EFE) Oil giant Petrobras said it found two new offshore oil and gas fields in a deepwater area in the Espirito Santo basin, some 115 ... Read more...

Posted in Business |

Transocean gives bonuses for ’safety’ after Gulf of Mexico oil spill


April 4th, 2011 - 5:58 pm ICT by ANI
London, Apr.4 (ANI): The American offshore oil and gas drilling contractor, Transocean, which is also responsible for running the Deepwater Horizon rig, has paid its top executives bonuses for its "best ... Read more...

Posted in World |

Laundry staff on offshore construction projects in Oz to earn $420K yearly


March 25th, 2011 - 3:05 pm ICT by ANI
Melbourne, Mar 25 (ANI): A survey has revealed that laundry hands and cooks employed on offshore construction projects in Australia will potentially earn more than 420,000 dollars a year.Employers claim the extraordinary ... Read more...

Posted in World |

China joins world’s elite offshore energy club


January 5th, 2011 - 5:42 pm ICT by ANI
Beijing, Jan 5 (ANI): China has become a part of the world's elite club of offshore oil producers following China National Offshore Oil Corporation's (CNOOC) announcement that its oil and natural gas ... Read more...

Posted in World |

Obama Administration Sues BP And The Other Entities For The Catastrophic Oil Spill In April


December 16th, 2010 - 9:41 pm ICT by Pen Men At Work
December 16, 2010 (Pen Men at Work): Divisions of BP Plc (British Petroleum) and four other businesses have been sued by the Obama government over accusations that the companies infringed American ecological ... Read more...

Posted in Business |

I’m not a witch and I’d like my life back: Top 2 quotes of 2010


December 13th, 2010 - 7:34 pm ICT by Pen Men At Work
December 13, 2010 (Pen Men at Work): Yale Book of Quotations has picked Christine O’Donnell’s line 'I’m not a witch' as the topmost quote of the year 2010. She had spoken this ... Read more...

Posted in World News |

New microbe species found in Titanic ‘rusticles’


December 7th, 2010 - 2:05 pm ICT by ANI
London, Dec 07 (ANI): A new species of microbe has been found in the wreck of RMS Titanic.The Halomonas titanicae bacterium was found in "rusticles", the porous and delicate icicle-like structures that ... Read more...

Posted in Health Science |

Tata unveils first cabin for Sikrosky-92 helicopter (Lead)


November 7th, 2010 - 7:02 pm ICT by IANS
Hyderabad, Nov 7 (IANS) Tata Advanced Systems Ltd. (TASL) Sunday unveiled the first Sikrosky-92 helicopter cabin manufactured at its facility at the aerospace and precision engineering Special Economic Zone (SEZ) on ... Read more...

Posted in Business |

Milestones in the life and presidency of Obama


November 4th, 2010 - 4:18 pm ICT by IANS
Washington, Nov 4 (IANS) Milestones in the life and presidency of US President Barack Obama who will be in India Nov 6-9:Aug 4, 1961: Barack Obama is born to Barack Obama ... Read more...

Posted in Politics |

Murli Deora expects India and US collaborate in shale gas exploration


October 18th, 2010 - 10:36 pm ICT by ANI
Mumbai, Oct.18 (ANI): Union Minister of Petroleum and Natural Gas Murli Deora said here today that the country is planning to enter a Memorandum of Understanding (MoU) with the United States ... Read more...

Posted in National |

L&T bags Rs.376 crore order from ONGC


July 14th, 2010 - 5:59 pm ICT by IANS
New Delhi, July 14 (IANS) Engineering and construction major Larsen and Turbo (L&T) Wednesday said it has won an offshore rig refurbishment contract worth Rs.376 crore from state-run Oil and Natural Gas ... Read more...

Posted in Business |

Tense wait as BP says no news on top-kill operation


May 27th, 2010 - 6:40 pm ICT by IANS
Washington, May 27 (DPA) Oil giant BP, watching tensely with the rest of the world, said Thursday that so far it had no news to report about the risky attempt to ... Read more...

Posted in Business |

Brazil announces offshore oil discovery


May 14th, 2010 - 6:05 pm ICT by IANS
Rio de Janeiro, May 14 (IANS/EFE) Brazil has announced the discovery of about 4.5 billion barrels of oil in an offshore region, which could transform the country into a major oil exporter. The ... Read more...

Posted in Business |

Bill Maher Slams President Barrack Obama “Real Time”


May 2nd, 2010 - 7:21 pm ICT by GD
By Ranjan Bhaduri New York , May 2, (THAINDIAN NEWS) Owing to the revoke of the cessation for the off shore drilling of oil, United States President Barrack Obama was slammed by the ... Read more...

Posted in Entertainment |

India, Bangladesh to discuss maritime dispute


January 8th, 2010 - 10:38 pm ICT by IANS
New Delhi, Jan 8 (IANS) Resolution of the maritime boundary dispute will be an important item on their summit agenda when Prime Minister Manmohan Singh holds talks with his Bangladesh counterpart ... Read more...

Posted in Uncategorized |

Nuclear weapons bring respectability, says Brazil’s vice president


September 26th, 2009 - 6:26 am ICT by IANS
Sao Paulo, Sep 26 (EFE) Brazil's Vice President Jose Alencar has said possession of nuclear weapons would enable his country to deter potential aggressors and give the South American nation greater "respectability" ... Read more...

Posted in World |

South Korean firm to invest $1.7 bn in Myanmar


September 2nd, 2009 - 11:04 pm ICT by IANS
Yangon, Sep 2 (Xinhua) South Korea's Daewoo International Company will invest $1.7 billion in gas exploration and production projects in western Myanmar, in which two Indian companies have a combined stake of ... Read more...

Posted in Business |

ONGC Videsh submits development plan for Iranian gas field


July 27th, 2009 - 10:05 pm ICT by IANS
New Delhi, July 27 (IANS) ONGC Videsh Ltd (OVL), the overseas arm of Oil and Natural Gas Corp (ONGC), has submitted a proposal to Iranian authorities for developing a gas field in ... Read more...

Posted in Business |

Helicopter crash in Dubai kills seven


September 4th, 2008 - 4:32 pm ICT by IANS
Abu Dhabi, Sep 4 (Xinhua) Seven people, including two Indians, were killed in a helicopter crash in the United Arab Emirates (UAE), the civil aviation authority said Thursday.The UAE General Civil Aviation ... Read more...

Posted in Uncategorized |

Brazil mulls a new state firm to administer oil reserves


June 29th, 2008 - 1:33 pm ICT by IANS
Rio de Janeiro, June 29 (IANS) Brazil will set up a new state-owned company to manage prospecting and drilling in its oil fields along the Atlantic coast in an effort to consolidate ... Read more...

Posted in World |

OVL gets green signal to invest in Brazil, Trinidad and Tobago


June 26th, 2008 - 7:55 pm ICT by IANS
New Delhi, June 26 (IANS) The Cabinet Committee on Economic Affairs (CCEA) Thursday approved a $437 million investment by the state-run overseas exploration body ONGC Videsh Limited in offshore oil blocks in ... Read more...

Posted in Business |

Shell halts oil production after militant attack


June 19th, 2008 - 10:07 pm ICT by IANS
DPA Abuja, June 19 (DPA) Royal Dutch Shell said Thursday it had shut down production at its main offshore oil field in Nigeria after a militant attack. "I can confirm that the Bonga ... Read more...

Posted in World |

Citing rising demand in India, China, Bush seeks oil nearer home


June 19th, 2008 - 10:58 am ICT by IANS
By Arun Kumar Washington, June 19 (IANS) Citing increasing demand for oil from India, China and other emerging economies pushing up prices, the White House has asked US Congress to permit drilling for ... Read more...

Posted in Business |

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