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Source: www.gulfoilandgas.com 10/17/2011, Location: Europe
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Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th December 2011. The scheduled delivery for such a newbuild remains 1st quarter 2014.
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| US Oil Trade in April 2013 |
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Austria >> 5/20/2013 - According to preliminary data, US crude oil imports in April were almost stable compared with last month’s level, averaging 7.7 mb/d, though they lost...
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| Technip Awarded EPCI Contract in Norway |
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Norway >> 5/14/2013 - Technip was awarded by Statoil an engineering, procurement, construction and installation lump-sum contract for the Norne field development, located i...
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| The Light-Sweet/Heavy-Sour Crude Spread |
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Austria >> 5/13/2013 - In Europe, sweet/sour differentials narrowed as demand for medium-sour Urals received a boost from arbitrage with several cargoes seen leaving for bot...
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| Oil Market Highlights - May 13 |
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Austria >> 5/12/2013 - The OPEC Reference Basket dropped for the second-consecutive month in April, declining by
$5.39 or more than 5% to stand at $101.05/b. Year-to-date, ...
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