Carrizo narrows losses Independent oil and gas company Carrizo Oil & Gas posted a fourth-quarter adjusted profit that beat market expectations, helped in part by an increase in production volumes. Read more: UpstreamOnline

'Russia needs to revamp oil tax' Russia should move to a profit-based tax regime to help oil companies realise new projects essential to future output growth in the world's biggest crude producer, a senior official at Gazprom Neft said. Read more: UpstreamOnline

Uganda to award oil deals by April Uganda will deliver its decision on UK explorer Tullow Oil's purchase of Heritage Oil's assets in the country by April, according to reports. Read more: UpstreamOnline

Statoil, GAC Sign World-Wide Agency Contract Major energy group Statoil has appointed GAC to provide hub agency services covering all ports outside of Norway effective from 2010. The contract extends GAC’sRead more: Maritime News - Offshore News

Noordhoek Offshore confirms launch of Pathfinder Noordhoek Offshore in the Netherlands has confirmed that Noordhoek Pathfinder was launched at De Hoop Shipyard in Foxhol on 7 November. The vessel is a 62m DP2 ROV/survey design and is currently under...Read more: Riviera Martime Media

BOS begins Adriatic 3D survey Bergen Oilfield Services (BOS) has announced that BOS Angler recently commenced acquisition of a frontier 3D survey in the Adriatic Sea for Cairn Energy. The survey involves approximately 400km2 of h...Read more: Riviera Martime Media

Polarcus signs Letter of Intent for Nadia Polarcus has signed a conditional Letter of Intent with TGS-NOPEC Geophysical Co (TGS) for charter of the 12-streamer 3D seismic vessel, Polarcus Nadia, for approximately three months commencing in De...Read more: Riviera Martime Media

Cobalt books rig for Gulf of Mexico North Platte well March 9,2010 --Cobalt International and Anadarko have executed a Rig Assignment Agreement for Cobalt to use Diamond’s semisubmersible drilling rig Ocean Monarch. ....Read more: RSS for Articles and Whitepapers

BOA Galatea to conduct offshore West Africa 3D EM data acquisition March 9,2010 --Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award from an oil and gas company to provide 3D EM data acquisition services offshore West Africa. ....Read more: RSS for Articles and Whitepapers

Petronas eyes Norwegian tie-up Malaysia’s Petronas is keen to team up with Norwegian oil and gas companies on deep-water exploration, newly appointed chief executive Shamsul Azhar Abbas said. Read more: UpstreamOnline

Tight gas halts Kingfisher test Australian explorer Metgasco said it had ended flow testing of the upper zone in the Ripley Road reservoir of the Kingfisher-E1 gas exploration-appraisal well in New South Wales due to low pressure. Read more: UpstreamOnline

WorleyParsons steps up off Sakhalin Sakhneftegaz Engineering, a unit of Australia’s WorleyParsons, has won further engineering and early procurement work worth up to $400 million on the topsides for the Arkutun-Dagi gravity base to be installed off Russia’s Sakhalin Island. Read more: UpstreamOnline

Fayetteville Express Pipeline to Transport Shale Gas in Late 2010 "The start of construction on FEP marks an exciting milestone for us as this project will ensure that our customers have strategic takeaway capacity out of the Fayetteville Shale," said Luke Fletcher, VP of ETP Interstate Pipeline Division.Read more: Rigzone.com: Production News

Shell progresses Prelude LNG project March 9,2010 --Shell has awarded the Technip and Samsung Heavy Industries consortium contracts for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. ....Read more: RSS for Articles and Whitepapers

Aker Solution to supply offshore Brazil sulphate removal units March 9,2010 --Petrobras has awarded Aker Solutions a $41-million contract to supply sulphate removal units and associated equipment for the P-58 and P-62 FPSOs offshore Brazil. ....Read more: RSS for Articles and Whitepapers