New Orleans Selected as Host City for DeepGulf 2007

Monday, October 01, 2007
DeepGulf, a leading technical conference and exhibition focused on the offshore oil and gas industry, is set to be held at the Hilton New Orleans Riverside, Dec. 5-7. New Orleans was selected as the host city due to its long history as a center for offshore oil and gas exploration and production and its now re-emergence as one of the world’s leading deep-water technology centers. 2007 marks the first year the conference has been held outside of Houston, Texas.

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
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