Mar 20, 2011

Encana to Buy 30 Percent Interest in Kitimat LNG project

Encana Corporation has agreed to acquire a 30 percent interest in the planned Kitimat liquefied natural gas (LNG) export terminal, located on the west coast of central British Columbia, and the associated natural gas pipeline.
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Source: LNG World News
Posted on 3/20/2011 / 0 comments / Read More

Total in a World First with Subsea Gas/Liquid Separation in 800 Meters of Water for the Pazflor Project in Angola

Begun in December 2007, development of the Pazflor oil field 150 kilometers offshore Angola is one of the biggest projects currently operated by Total. A number of technological challenges — including subsea gas/liquid separation, a world first — are being met to bring the field on stream successfully.
[Read more]
Source: Your Oil and Gas News
Posted on 3/20/2011 / 0 comments / Read More

Libyan crisis set to push oil prices up

WORLD oil prices are expected to spike this morning after Libya broke a ceasefire and went back to war.
Oil prices plummeted on Friday - in the case of Brent oil, by as much as $US3 a barrel - after Libyan leader Muammar Gaddafi declared a ceasefire in response to a United Nations Security Council-imposed no-fly zone.
[Read more]
Source: HeraldSun
Posted on 3/20/2011 / 0 comments / Read More

BP, Total win new coal bed methane blocks in Kalimantan

BP was awarded three blocks in Central Kalimantan, while French energy major Total won one block in East Kalimantan, the ministry’s director general for oil and gas, Evita Herawati Legowo, told reporters.
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Source: ArabNews.com

Posted on 3/20/2011 / 0 comments / Read More

Statoil notes production start from Vega development

Statoil noted that production from the three subsea templates on the Vega gas-condensate development, off Norway, started on Dec. 2, 2010. The production flows to processing facilities on the GDF Suez E&P Norway AS-operated Gjoa semisubmersible production platform.
[Read more]
Source: Oil & Gas Journal
Posted on 3/20/2011 / 0 comments / Read More

Seven Havila formally named

Subsea 7, Havila Shipping and Havyard Design & Engineering held an official naming ceremony for the newbuild diving support vessel, Seven Havila, in Stavanger on Thursday 17 March 2011.
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Source: Offshore Shipping Online
Posted on 3/20/2011 / 0 comments / Read More

API: Board of Directors Approves Industry Center for Offshore Safety

The board of directors of the American Petroleum Institute formally endorsed the industry's steps to create a Center for Offshore Safety, during its spring meeting.
"After extensive review and development, the oil and natural gas industry has approved the creation of the Center for Offshore Safety, which will promote the highest level of safety for offshore operations, through an effective program that addresses management practices, communication and teamwork, and which relies on independent, third-party auditing and verification," said Jack Gerard, API president and CEO. "The board directed API to further develop the operational framework and timeline for the center—working with other industry stakeholders—to enhance industry safety and environmental performance."
Today's actions follow API's August 2010 testimony and its October 2010 letter to the Presidential Oil Spill Commission, regarding the industry's review of five other safety programs, including: the U.K.'s Step Change in Safety, the chemical industry's Responsible Care® program, the Institute for Nuclear Power Operations, the OSHA Voluntary Protection Program, and the Safety Case Regime for international operators.
The Center for Offshore Safety will draw on the lessons learned from successful, existing safety programs, applying the best elements of these programs to accommodate the unique challenges of offshore oil and natural gas operations, and will rely on independent auditing and review by third-party certifiers, according to API.
"While many of the Center's structure and operating details have yet to be resolved," said Gerard, "the program will be run by the separately-funded standards and certification arm of the American Petroleum Institute, which receive regular audits and accreditation by the American National Standards Institute and the ANSI-ASQ National Accreditation Board."
The Center will be based in Houston and will be open to all companies that operate in deepwater exploration and production. The focus of the center will be based on API's Recommended Practice 75, covering safety and environmental management systems, which was recently incorporated into federal regulations by BOEMRE.
API represents more than 470 oil and natural gas companies, leaders of a technology- driven industry that supplies most of America's energy, supports more than 9.2 million U.S. jobs and 7.5 percent of the U.S. economy, and, since 2000, has invested nearly $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
Source: Press release
Posted on 3/20/2011 / 0 comments / Read More

ConocoPhillips lets Eldfisk II platform topsides contract

ConocoPhillips let a 5.5 billion kroner engineering, procurement, and construction contract to Aker Solutions for delivery of the topsides and bridges for the Eldfisk 2/7S integrated production platform in the North Sea.
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Source: Penn Energy
Posted on 3/20/2011 / 0 comments / Read More

ATP Oil & Gas Corporation gets deepwater drilling permit

ATP Oil & Gas Corporation reported that it has received a permit to resume drilling the Mississippi Canyon ("MC") Block 941 #4 well in the deepwater Gulf of Mexico.
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Source: MarineLog
Posted on 3/20/2011 / 0 comments / Read More

Ramform Vanguard starts Albania 3D survey

PGS has begun acquiring seismic over the Durresi block offshore Albania for operator San Leon and partner Beach Energy.
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Source: Offshore Magazine
Posted on 3/20/2011 / 0 comments / Read More

Bowleven kicks off drilling at new Cameroon well

West African-focused oil and gas explorer Bowleven (BLVN) has kicked off drilling activities at the Sapele-2 well in the Douala Basin, offshore Cameroon.
The AIM-traded company said the well's primary objective is to appraise the Omicron discoveries encountered in the earlier Sapele-1 exploration well.
[Read more]
Source: Interactive Investor
Posted on 3/20/2011 / 0 comments / Read More

STEP Offshore delivers drilling fluid circulation and well control system to Rolls-Royce Marine

Aker Solutions' wholly-owned subsidiary STEP Offshore has delivered a drilling fluid and well control system to Rolls-Royce Marine, which will be used on the Yme field in the North Sea.
[Read more]
Source: SubseaWorld
Posted on 3/20/2011 / 0 comments / Read More
 
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