Projects

Buccaneer Energy will acquire two main production leases in the former Cosmopolitan Unit (Cosmo) from Pioneer Natural Resources Alaska. Buccaneer plans to develop the ice-free, oil and gas field that is located in 50ft water depth in the southern part of the Cook Inlet of Alaska, near the shore at Anchor Point on the Kenai Peninsula.

   GeoPark Holdings, Latin America-focused oil and gas group, acquired two production and exploration companies, Winchester Oil & Gas and La Luna Oil, for USD30 million in cash, adjusted for working capital.

    After installing new facilities at its Defender US33 2-29H well in the Hawk Springs project in Goshen County, Wyoming, Samson Oil & Gas has successfully produced oil.

    ShawCor Ltd.’s pipecoating division, Bredero Shaw has received a more than USD400 million contract with Mitsui & Co.

Secova Metals Corp. signed a Letter of Intent to acquire 100% of the outstanding shares of Taman Petroleum Corporation, a private Alberta, Canada based company that owns 8% of the South Temryuk Oil & Gas Exploration-Exploitation Licence in the mature Azov-Kuban petroleum region of Russia.

Brazil’s Petrobas has allowed its Venezuelan state oil company counterpart PDVSA to extend the deadline to make its contribution to the long delayed Abreu e Lima refinery project in northeast Brazil.

      TransCanada Corp.'s controversial Keystone XL oil pipeline schedule has been delayed further, with the expected start up date now being pushed back to 2015 instead of its previously anticipated 2014 commencement.

The world's largest supplier of methanol to the major international market, Methanex Corporation, has awarded Jacobs Engineering Group Inc.

  CB&I has been awarded a contract by Imperial Oil Resources Ventures Ltd., for work on the Kearl Expansion Project in Alberta.

  Williams Partners has awarded Wood Group’s Alliance Engineering with the detailed engineering and design of the topside facilities and deck for their Gulfstar FPS spar production platform.