-- Guyana plans to resume land exploration Prevented from pursuing offshore oil exploration by border disputes with both Suriname and Venezuela, Guyana is resuming its 76-year land search for commercial oil deposits.
-- Alaska oil pipeline being restarted The trans-Alaska pipeline was in the process of being restarted Wednesday after having been shut since an earthquake of 7.9 magnitude rocked central Alaska Sunday.
-- Norsk Hydro awards FMC Vigdis extension EPC contract Norsk Hydro AS awarded an engineering, procurement, and construction contract valued at 370 million kroner to FMC Kongsberg Subsea AS, to supply subsea systems for the field's extension program.
-- Murphy Oil reports discovery off Malaysia Murphy Oil said it found oil with its Congkak well, which was drilled on Block SK 309 in 136 ft of water off Sarawak, Malaysia. It's the second Murphy-operated oil discovery drilled in that area.
-- Canary Islands An exploration group is gearing up to acquire a 3,000 sq km 3D seismic survey in 2003 that will represent the first exploration in the Fustercasas-Hesperides basin off northwestern Africa.