Brazil prosecutor Delton Dallagnol, part of a task force overseeing Brazil's largest-ever corruption investigation, said the 6.2 billion reais ($1.6 billion) in corruption-related losses the company wrote off in April was "just the tip of the iceberg."
The bill sponsored by Rep. Joe Barton, R-Texas, passed the House of Representatives 261 to 159, failing to reach the 290 votes necessary to overturn a presidential veto, Reuters reported.
In 2003, David Glendinning became president of Teekay Gas Services division. Prior to joining Teekay, he worked at sea on oil tankers for 18 years. Glendinning is a Master Mariner.
The assets include the non-operated interest in the producing Singa gas field and the operated interests in the South Sokang and Cendrawasih VII blocks, as well as the joint study agreement concerning the Cendrawasih VIII Block, the release said.
Petrofac has ended its contract with ZPMC due to concerns with ZPMC’s performance regarding construction of the proprietary design Petrofac JSD 6000 deepwater multipurpose offshore vessel, Petrofac said.
The deal underlines investors still see value in North Sea related businesses, despite a slump in oil prices and high operating costs.
The project would see Petronas build an export terminal near the British Columbia port city of Prince Rupert, a natural gas pipeline and ongoing gas development.
Lundin Petroleum has been busy with the bit off Norway and it has just spudded the Neiden prospect exploration well 7220/6-2 in PL609 in the Barents Sea with the Island Innovator.
Shell has begun demobilising its massive deployment of equipment, supplies and personnel in the Alaskan offshore Arctic after disappointing results from its Burger J well.
Preparation continues for Shell’s Appomattox (SEN, 32/8) deepwater hub development in the Gulf of Mexico.
OneSubsea has bagged a FEED contract for Woodside Petroleum’s Greater Enfield Area development offshore northwest Australia.
Technip’s U.S. affiliate has entered into an agreement with Samsung Heavy Industries to develop a joint design of a low motion semisubmersible production platform.