Sound Energy Update on Tendrara
Sound Energy, the European/Mediterranean focused upstream gas company has commenced with the ground works on site at the Company's Tendrara licence area and that all contracts have now been awarded for the first well.
Brazil: Former Petrobras Executive Favored Saipem
Prosecutors in Brazil said on Wednesday former Petrobras executive Renato Duque had unfairly favored Italy's Saipem SpA on a contract for an undersea gas pipeline for the Lula and Cernambi offshore subsalt fields.
Canadian Oil Sands Woes Reach Maritimes
Cory Troke joined the exodus west two years ago, leaving scenic but job-scarce Cape Breton, Nova Scotia, after being laid off as a machinist. Troke, 37, headed to the Alberta oil sands…
Petrobras Setbacks Threaten 2014 Production Goals
Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.
