Daily Archives: July 18, 2012

Chevron acquires interest in Kurdistan concessions

July 18, 2012
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SAN RAMON, Calif. — Chevron Corporation announced that its subsidiaries have completed a transaction to acquire interests in two blocks in the Kurdistan Region of Iraq.

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India plans panel to expedite clearances for exploration blocks

July 18, 2012
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NEW DELHI–India plans to set up a panel to expedite security and environment clearances for oil and gas exploration blocks, the government said in a statement Thursday.

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Buccaneer Energy jack up rig set to mobilize to Cook Inlet

July 18, 2012
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SYDNEY – Buccaneer Energy Limited has advised that Kenai Offshore Ventures, LLC (KOV) has executed a heavy lift contract to transport the Endeavour from Singapore to the Cook Inlet, Alaska.

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ABB acquires Amarcon to expand marine software offering

July 18, 2012
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ZURICH – ABB has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the shipping industry. The acquisition will expand ABB’s advisory systems offering for customers in the maritime sectors.

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Kosmos Energy announces oil and condensate discovery offshore Ghana

July 18, 2012
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ACCRA, GHANA – Kosmos Energy announced that the Wawa-1 exploration well, drilled in the Deepwater Tano Block offshore Ghana, has intersected oil and gas-condensate in a Turonian-aged turbidite channel system.

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Oil pushes past $92, set for seventh day of gains

July 18, 2012
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SAN FRANCISCO — Crude-oil futures pushed past $92 a barrel Thursday, well on track to score a seventh day of gains as traders considered the potential for lower supplies and reacted to Middle East strife.

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