Kosmos Energy (NYSE:KOS) reported that it has entered into an agreement with Chevron Global Energy Inc. under which Kosmos will assign half of its interest in Blocks 42 and 45, offshore Suriname, to Chevron.
Under the agreement, Kosmos will have a 50 percent working interest and remain operator of both blocks until the end of the exploration phase. Chevron will assume the remaining 50 percent working interest and will be development operator of any commercial discoveries.
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CB&I (NYSE:CBI) reported that it has been awarded a contract valued in excess of US$40 million by Nizhnekamskneftekhim OAO (NKNK) to provide front end engineering and design (FEED) services for a new ethylene plant. The work is scheduled for completion in 2013.
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llumina, Inc. (NASDAQ:ILMN) launched the RapidTrack Whole Genome Sequencing Service (RapidTrack WGS), a new offering in its FastTrack Sequencing Services operation that delivers a whole human genome in less than two weeks.
The premium service offers the fastest sample-to-data turnaround time of any whole human genome sequencing service available today.
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