Business Wire

  1. MIS Awarded $335M Contract To Build Two New Offshore Jack-Up Drilling Rigs 7/24/2008
    UAE-based Maritime Industrial Services Co. Ltd. Inc. (OSE:MIS) continues the success in its new-build programme with the signing of rig-building contracts worth US$335m for the detail design and construction of two offshore jack-up drilling rigs for Mosvold Middle East Jackup (MEJU)
  2. BHP Billiton's Neptune Project Reaches Full Oil Capacity 7/24/2008
    BHP Billiton announced today that its Neptune Tension Leg Platform (TLP) in the deepwater Gulf of Mexico, which began production on July 6, has five of six wells on line and has already ramped up the oil production to full design capacity of 50,000 barrels of oil per day
  3. Técnicas Reunidas Group Selects Intergraph As Preferred Enterprise Engineering Software Provider 7/23/2008
    Técnicas Reunidas Group, Spain’s largest engineering, procurement and construction (EPC) company dedicated to the oil and gas, refining, petrochemical, energy and infrastructure industries, has chosen the Intergraph® SmartPlant® Enterprise solutions suite and signed a long-term software agreement for its engineering design and data management projects
  4. Shaw Awarded Process Technology Package For World's Largest Residue Fluid Catalytic Cracking Unit 7/21/2008
    The Shaw Group Inc. (NYSE: SGR) announced today that its Energy & Chemicals Group has been selected to provide engineering services and licensing for its proprietary Residue Fluid Catalytic Cracking (RFCC) technology to Abu Dhabi Oil Refining Company
  5. GRT, Inc. Announces It Has Entered Into An Agreement For The Further Development Of Technology For Natural Gas Conversion To Liquid Fuels 7/21/2008
    GRT, Inc., a Delaware corporation, announced today that it has entered into agreements with Marathon GTF Technology, Ltd., a wholly-owned subsidiary of Marathon Oil Corporation, to cooperate on the advancement of technology for the conversion of natural gas into transportation fuels
  6. EXCO Resources, Inc. Announces Acquisition Of Natural Gas Properties In East Texas 7/15/2008
    EXCO Resources, Inc. (NYSE:XCO) today announced it has closed an acquisition of producing oil and natural gas properties, acreage and other assets in Gregg, Rusk, and Upshur Counties, Texas for approximately $252 million from private sellers, subject to customary post-closing purchase price adjustments
  7. FMC Technologies Receives $38 Million Order From StatoilHydro For Troll B Gas Injection Project 7/2/2008
    FMC Technologies, Inc. announced today that it received an award from StatoilHydro to supply subsea equipment for its Troll B gas injection project in the Norwegian North Sea
  8. Heartland Completes And Successfully Pressure Tests 4 Mile Pipeline - Installation Of Flow Lines To Commence For Connection Of 12 Wells Expected To Double Coalbed Methane Production 7/2/2008
    Heartland Oil and Gas Corp. has successfully conducted pressure testing on its new 4 mile pipeline in Kansas, signaling the completion of that pipeline
  9. SMT Demonstrates Significant Performance Gains On 64-Bit 7/2/2008
    SMT, the leader for Windows-based geophysical and geological interpretation software, today announced performance improvements up to 300% utilizing 64-bit workstations