Gas production at Denmark's DONG Energy leapt 81% in 2009, helping cushion a
drop in earnings caused by lower oil, gas and power prices, the state-owned
company said today.
SembCorp Marine’s subsidiary Jurong Shipyard has won a S$130 million (US$93
million) contract for pre-conversion work on a floater designated to work in
Petrobras’ Roncador field off Brazil.
Indonesia's state oil company Pertamina may miss its crude oil production
target of 190,000 barrels per day in 2010 if a new environmental law is
enforced, a company official said today.
UK supermajor BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets
from Devon Energy for $7 billion, as the US producer refocuses on onshore US
fields.