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General Interest 2001 P9

  • 06/04/2001 -- Finance/Companies news briefs, June 4
    Bitech Petroleum ... Vanguard Oil ... Air & Sea Insurance ... Talisman Energy ... Petromet Resources ... Lundin Oil ... Williams ... Barrett Resources ... Canadian Abraxas Petroleum ... Petroplus International ... Frisol Group ... and more
  • 06/29/2001 -- Development plan submitted for Sigyn field off Norway
    The plan for development and operation of Esso E&P Norway AS's Sigyn field in the Norwegian North Sea has been submitted to the Norwegian authorities, field partner Statoil AS said Friday. The development concept for the gas and condensate field involves installing a subsea template tied back to Statoil's Sleipner East field.
  • 06/25/2001 -- Apache participates in five Gulf of Mexico discoveries
    Apache Corp., Houston, said it has participated in five recent discoveries and 13 development wells on the US Continental Shelf in the Gulf of Mexico. Apache also said it ranks fourth among shelf producers with current net production of 345 MMcfd of natural gas and 34,000 b/d of oil.
  • 06/20/2001 -- Dominion to develop Devils Tower field in Gulf of Mexico
    Pioneer Natural Resources Co., Dallas, and partner, Dominion Exploration & Production Inc. have approved development of the Devils Tower field in the deepwater Gulf of Mexico. Oil production is due to begin in 2003 and increase to 8,000 to 10,000 b/d net to Pioneer. Reserves are 50 to 75 million boe.
  • 06/18/2001 -- Development to proceed for Sable field off South Africa
    Partners in Sable field off South Africa have sanctioned its development, said Pioneer Natural Resources Co., Irving, Tex. If all goes as planned, the Soekor E&P Pty. Ltd.-operated field should begin production in the first quarter of 2003.
  • 06/14/2001 -- Murphy says sidetrack indicates larger reserves for Front Runner
    Murphy Oil Corp., El Dorado, Ark., said Thursday it found more reserves with its Front Runner South sidetrack on Green Canyon Block 339 in the Gulf of Mexico. The Front Runner prospect is on Blocks 338 and 339 in 3,500 ft of water.
  • 06/12/2001 -- CNOOC Ltd., foreign companies strike oil off China
    CNOOC Ltd. and its foreign partners have hit oil in several wells drilled so far this year. By the end of May, CNOOC had participated in 13 exploration wells, including nine drilled by foreign companies.
  • 06/07/2001 -- Maersk to build semisubmersible for Caspian Sea program
    Maersk Contractors Ltd. said Wednesday construction will begin this summer on a deepwater semisubmersible rig contracted to Exxon Azerbaijan Operating Co. LLC and Chevron Overseas Petroleum Azerbaijan Ltd. for a 3-year drilling program in the Caspian Sea starting in 2003.
  • 06/05/2001 -- Forest Oil has offshore gas supplies for South Africa market
    With completion of the fourth and final well in its current drilling program in Ibhubesi field off South Africa, Forest Oil Corp., Denver, said Tuesday there are sufficient reserves and deliverability for development of a natural gas market in that country.
  • 06/28/2001 -- Shell, El Paso Mexican LNG terminal to serve power demand
    Shell Gas & Power and El Paso Global LNG, a subsidiary of El Paso Corp., will jointly develop a liquefied natural gas regasification terminal on Mexico's east coast. The $300 million terminal will target fast growing gas demand in northeastern Mexico, largely driven by electric power demand growth.
  • 06/15/2001 -- Electric Power news briefs, June 15
    Orion Power Holdings Inc. ... Cogentrix Energy Inc. ... Kvaerner ASA ... Teco Energy Inc. ... Panda Energy International Inc. ... Mirant Corp. .. National Grid PLC .. Niagara Mohawk Holdings Inc. ... ABB AS ... Tenaska Power Services Co. ... NorthWestern Corp. ... AES Corp. ... PG&E Corp. ... FPL Group Inc. ... Duke Energy Corp. ... Entergy Corp. ... Maxim Power Corp. ... TransCanada Pipelines ... New Brunswick Power Corp. ... Bangor Hydro-Electric Co.
  • 06/12/2001 -- Electric Power news briefs, June 12
    International Power PLC ... TXU Europe ... El Paso Electric Co. ... Edison International ... Lockheed Martin Corp. ... AES NewEnergy ... Tanir Bavi Power Co. ... PSEG Holdings Inc. ... GMR Vasavi Group ... Toyo Engineering Corp. ... GE Power Systems ... Reliant Resources ... U.S. Energy Systems Inc. ... Trigen Energy Canada Co. ... Exelon Generation Co. ... Machalpower LTDA ... Noble Affiliates
  • 06/11/2001 -- Flood forces Houston energy firms to backup generators
    Enron Corp., El Paso Corp., and Coral Energy, an affiliate of Royal Dutch/Shell, had to switch to backup generators to keep trading operations and computers functioning during Houston's torrential weekend rains. A tropical storm that dumped up to 30 in. of rain in 24 hr in parts of Houston knocked out power to some downtown office towers that house many of the nation's largest energy companies.
  • 06/01/2001 -- Tractebel orders second LNG tanker for US service
    Tractebel North America Inc. is betting the US liquefied natural gas (LNG) market will continue to increase as natural gas prices settle into a new higher range. Tractebel, the energy arm of French company Suez Group (formerly Suez Lyonnaise des Eaux), announced Friday a long-term charter agreement for a new LNG tanker scheduled for delivery in 2003, its second vessel ordered in the past year.
  • 06/04/2001 -- Sincor offers interim crude until upgrader is completed
    José Hidalgo, president of Sincor CA, says his company will complete an upgrader to process heavy Venezuelan oil into a light, sweet crude for the US market by the end of the year.
  • 06/15/2001 -- Baku to the future?
    The high-profile promise held by the Caspian Sea to become the next great offshore oil and gas province, to judge by the abundance of project news coming out of the recent Caspian Oil & Gas conference in Baku, is ever closer to coming to fruition-if still hinging on several sizeable "ifs."
  • 05/23/2001 -- Transportation news briefs, May 23
    NW Natural Gas ... Westcoast Energy ... Gateway Energy ... Lukoil ... PetroChina
  • 05/17/2001 -- BP, Exxon, Shell vying for China gas pipeline contract
    BP PLC, Royal Dutch/Shell Group, and ExxonMobil Corp. each told OGJ Online Thursday that they are competing for the nod from PetroChina Co. Ltd. to build a 4,200 km gas pipeline across China. The pipeline would run from Xinjiang to Shanghai. BP and ExxonMobil are leading separate consortia on the project.
  • 05/14/2001 -- Transportation news briefs, May 14
    Tennessee Gas Pipeline ... Shell International Gas ... Mitsubishi Heavy Industries ... Daewoo Shipbuilding & Marine Engineering ... BOTAS Petroleum Pipeline
  • 05/07/2001 -- Tennessee to expand Massachusetts gas line
    Tennessee Gas Pipeline Co., Houston, plans to expand its New England pipeline capacity by 200,000 dekatherms/day to more than 600,000 dekatherms/day. The company plans to replace 12 miles of 16-in. natural gas line from Dracut, Mass., to Burlington, Mass., with a 24-in. line, using existing rights-of-way. The project will cost $35 million.

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