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Former Petrobras Exec Sentenced For Samsung Drillship Bribe
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison for corruption and money laundering.
8:00 PM EST | August 16, 2015
Seadrill Orders New UDW Drillship for $600M
With yard costs at very attractive levels and Seadrill's proven track record with respect to successful new build construction, Seadrill announces the order of a sixth drillship from Samsung with delivery in 2Q 2014.
8:00 PM EST | April 29, 2012
TSC to Proceed with Construction at Shell's FLNG Facility
TSC will provide engineering, procurement, construction and installation for the FLNG facility Shell will deploy at its Prelude gas field off the northwest coast of Australia.
8:00 PM EST | May 29, 2011
KNOC to Make $3.95B Bid for Canadian Oil Firm
Korea National Oil Corp. will buy Canada-based Harvest Energy Trust for $3.95 billion, in the largest acquisition of a foreign oil firm by a South Korean company.
8:00 PM EST | October 21, 2009
Shell Awards Floating LNG Contracts to Technip, Samsung
Shell signed a master agreement with the Technip-Samsung consortium in Paris today for the design, construction and installation of multiple floating LNG facilities over a period of up to fifteen years.
8:00 PM EST | July 27, 2009
KNOC Loses Race for Addax, But Has Edge on China Peers
KNOC's reluctance to match Sinopec's bid for Addax may reflect a major advantage over its Chinese rival: the possibility of looking for acquisitions in the U.S.
8:00 PM EST | June 24, 2009
Korean Firms Test Water Offshore China
Majuko Group's purchase of a stake in an oil block near Hong Kong could pave the way for more deals offshore China by Korean firms.
8:00 PM EST | June 03, 2009
Total, KNOC Ink Deal for Onshore Yemen Farm-In
Total has signed an agreement with KNOC to farm-in to onshore exploration Block 70 in Yemen with an interest of 30.875%.
8:00 PM EST | October 16, 2008
KNOC-Led Group Acquires Stake in Zhambyl Block
A South Korean consortium led by the state-owned Korea National Oil Corp. has signed a final contract to acquire a 27% stake in Kazakhstan's offshore Zhambyl oil block for $85 million.
8:00 PM EST | May 14, 2008
Converteam Celebrates Multi-Million Dollar Order with Vyborg, Samsung
Converteam will provide power, propulsion, distribution, vessel automation and thruster assisted mooring systems to the first two CS-50 ice class rigs for the Shtokman gas field.
8:00 PM EST | May 06, 2008
KNOC and Samsung Enter GOM, Courtesy of Taylor Energy
This acquisition represents the first large, operated acquisition of producing oil and gas properties by KNOC and Samsung in North America.
7:00 PM EST | January 31, 2008
Petronas to Explore for Hydrocarbons in Timor Sea
Petronas, together with partners Korea Gas, Samsung and LG International, has been awarded a Production Sharing Contract (PSC) by the Timor Sea Designated Authority (TSDA) for an offshore exploration block in the Joint Petroleum Development Area (JPD
7:00 PM EST | October 29, 2006
Santos Takes On Partners in Jaguar/Cougar Project Offshore Texas
Santos says that the international companies, Korea National Oil Corporation (KNOC) and Samsung Corporation, both of Korea, will farm-in to a shallow water exploration project named Jaguar/Cougar located in Texas State Waters, Gulf of Mexico.
8:00 PM EST | September 21, 2006