First Oil from TEN Fields off Ghana
Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday, hoping the additional revenue will boost its flagging economy. The Tweneboa, Enyenra and Ntomme (TEN) field expects to average around 23…
Low Crude Prices dim Revenue Hopes from new Ghana oilfield
New oil production ship cost $1.6 billion. Some analysts say output from Jubilee field disappointing, but Tullow confident new ship avoids problems on Jubilee vessel. In the depths of Ghana's fiscal crisis…
Ampelmann Names New Supervisory Board Members
Ampelmann, a provider of motion compensation access solutions, announced the appointment of three new members to its supervisory board. Ampelmann said the three senior industry executives, Frank Verhoeven, John Evans and Mark B.
Tullow Launches Deepwater FPSO Despite Glut
Tullow not for sale but could be take-over target - COO. Amid one of the deepest oil price crashes in history, Britain's Tullow Oil is sending one of the world's biggest floating deep-water oil production…
Subsea 7 S.A. awarded $160 mln contract in Gulf of Mexico
Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a three-year US$160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico.
