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Source: www.gulfoilandgas.com 6/4/2012, Location: Europe
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Seadrill is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012. The potential contract revenue for the five-year period is approximately US$1.16 billion. A final agreement is expected within July 2012.
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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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| Assessment of the Global Economy - May 13 |
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Austria >> 5/12/2013 - When the global growth forecast for 2013 was published in July last year at 3.2%, the estimate seemed rather
conservative. However, almost a year lat...
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| Crude Oil Price Movements - May 13 |
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Austria >> 5/12/2013 - OPEC Reference Basket
The OPEC Reference Basket (ORB) dipped by more than 5% for the second month in a
row in April. However, it continue...
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| Commodity Markets - May 13 |
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Austria >> 5/12/2013 - Trends in selected commodity markets
The declining trend in commodities in April has continued, as was confirmed by the
latest World Bank...
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