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YPF - Preliminary results exploratory wells formations unconventional oil (shale oil) in the province of Mendoza
I address you in order to comply with the provisions of Article No. 2 Chapter XXI of the Rules of the National Securities Commission.

date.png30 Mar 2012 14:06 | comments.png 0 Comments | tags.png argentina s-america shale top upstream ypf [ More ]

Saipem awarded new E&C Offshore contracts worth $700 million
Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million.

date.png30 Mar 2012 09:18 | comments.png 0 Comments | tags.png brazil m-east s-america saipem saudi-arabia services [ More ]

FMC Technologies Announces $1.5 Billion Pre-Salt Subsea Tree Agreement with Petrobras
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a four-year agreement with Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, for the supply of pre-salt subsea equipment. The total award would result in approximately $1.5 billion in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. The initial call-off has an approximate value of $900 million in revenue to FMC and includes 78 subsea trees.

date.png30 Mar 2012 05:13 | comments.png 0 Comments | tags.png brazil fmc petrobras s-america services [ More ]

Galp Energia announces the financial close of the capital increase at Petrogal Brasil, fully subscribed to by Sinopec
Galp Energia and Sinopec successfully closed today the agreement announced in November 2011, related to the capital increase in Petrogal Brasil and other related entities, responsible for Galp Energia’s upstream activities in Brazil.

date.png29 Mar 2012 05:37 | comments.png 0 Comments | tags.png brazil deals galp s-america sinopec upstream [ More ]

Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation to Participate in Ultra-Deepwater FPSO Chartering Project
MODEC, Inc. ("MODEC," head office: Chiyoda-ku, Tokyo; president: Toshiro Miyazaki), Mitsui & Co., Ltd. ("Mitsui," head office: Chiyoda-ku, Tokyo; president: Masami Iijima), Mitsui O.S.K. Lines, Ltd. ("MOL," head office: Minato-ku, Tokyo; president: Koichi Muto) and Marubeni Corporation (Marubeni, head office: Chiyoda-ku, Tokyo; president: Teruo Asada) have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system ("the FPSO,") for use in the Cernambi Sul area of a pre-salt oil field off the coast of Brazil. Documents to this effect were signed today.

date.png22 Mar 2012 17:27 | comments.png 0 Comments | tags.png brazil marubeni mitsui petrobras s-america services [ More ]

OGX Increases Participation to 70% in Blocks BM-C-37 and BM-C-38 in the Campos Basin and Becomes Operator
OGX Petróleo e Gás Participações S.A. (“OGX”) (Bovespa: OGXP3; OTC: OGXPY.PK), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, today announced that it has acquired an additional 20% stake in blocks BM-C-37 and BM-C-38, in the shallow waters of the Campos Basin, from its partner Maersk Oil, becoming operator of these blocks. OGX now holds a 70% interest in these blocks, with Maersk Oil holding the remaining 30%.

date.png20 Mar 2012 15:13 | comments.png 0 Comments | tags.png brazil ogx s-america upstream [ More ]

New well confirms oil presence in block BM-S-8
Galp Energia, partner of the consortium for the exploration of block BM-S-8, informs about the drilling of the well 4-SPS-86B (4-BRSA-971-SPS), informally known as Carcará, which is located in ultra-deep waters of pre-salt Santos basin, 232 km off the coast of São Paulo state.

date.png20 Mar 2012 14:43 | comments.png 0 Comments | tags.png brazil galp petrobras s-america upstream [ More ]

PetroMagdalena announces normalization of operations at Cubiro in the province of Casanares
PetroMagdalena Energy Corp. (TSXV: PMD) is pleased to announce the normalization of operations in our Cubiro Block located in the province of Casanares. In previous days there was an illegal protest where public roads in the province of Casanares were being blocked and this led to a lack of public order in the area. Rig operations were interrupted and trucking operations were also halted which impacted production schedules. The unlawful blockade was lifted Wednesday evening, March 7th. With the blockade now removed, operations are returning to normal levels.

date.png13 Mar 2012 12:36 | comments.png 0 Comments | tags.png colombia petromagdalena s-america upstream [ More ]

Repsol YPF raises its hydrocarbons reserves and resources estimate in the Vaca Muerta play to 22.807 billion barrels of oil equi
Repsol YPF has hired hydrocarbons reserves and resources Ryder Scott to carry out an external audit of its reserves, contingent resources and prospective resources of non-conventional hydrocarbons (shale oil and gas) in the Argentinean Vaca Muerta formation in the Neuquén province. The technical analysis is based on the criteria set out by Argentinean stock market regulator Comisión Nacional de Valores de Argentina and the United States´ Securities and Exchange Commission. At the same time, the evaluation of the contingent and prospective resources complies with the requirements of the Comisión Nacional de Valores de Argentina and the Society of Petroleum Engineers’ Petroleum Resources Management System.

date.png10 Feb 2012 14:18 | comments.png 0 Comments | tags.png argentina repsol s-america upstream ypf [ More ]

Ballast Nedam wins contract for civil works for Refinery Expansion Project
Staatsolie Maatschappij Suriname NV, the state oil company of Suriname, has awarded Ballast Nedam the contract for the general civil- and steel piling works for the Refinery Expansion Project.The purpose of the Refinery Expansion Project is to double the processing capacity at Tout Lui Faut Refinery to 15,000 barrels a day when completed.

date.png20 Jan 2012 09:15 | comments.png 0 Comments | tags.png refinery s-america suriname [ More ]
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