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General Interest 2003 P7

  • Fri Sep 19 15:09:00 CDT 2003 -- New spur will tie in Front Runner field to Poseidon pipeline system
    Poseidon Oil Pipeline Co. LLC has contracted with Front Runner field producers to transport crude oil via a proposed new pipeline from a planned floating production spar on Green Canyon Block 339 in the central Gulf of Mexico to Poseidon's existing system on Ship Shoal Block 332.
  • Mon Sep 22 11:09:00 CDT 2003 -- ConocoPhillips, TransCanada evaluate Maine site for LNG plant
    ConocoPhillips and TransCanada Corp. Sept. 18 reported the formation of "Fairwinds," a joint venture that will evaluate a site in Harpswell, Me., about 15 miles northeast of Portland, for the development of an LNG regasification facility.
  • Fri Sep 19 14:09:00 CDT 2003 -- US Chemical Safety Board faults producer, contractors in fatal oil waste accident
    The US Chemical Safety Board (CSB) Wednesday unanimously approved two investigation reports that found a fatal fire at an oil field waste disposal facility near Houston could have been avoided if the involved companies followed safer procedures.
  • Thu Sep 25 10:09:00 CDT 2003 -- MARKET WATCH
    OPEC's production cut triggers jump in oil prices

    Futures prices for oil and petroleum products surged Wednesday in a buying frenzy on New York and London markets, following a surprise decision by the Organization of Petroleum Exporting Countries to cut production by 900,000 b/d as of Nov. 1.
  • Wed Sep 24 14:09:00 CDT 2003 -- Forest Oil names new senior vice-president, Alaska
    Forest Oil Corp., Denver, named Leonard C. Gurule as senior vice-president, Alaska, responsible for directing all the companies' activities in Alaska, including exploration, production, drilling, and engineering.
  • Fri Sep 26 14:09:00 CDT 2003 -- ConocoPhillips announces downstream organization changes
    ConocoPhillips US refining will be placed under the leadership of a Central-West Coast president and an East-Gulf Coast president. The operational general manager roles in US refining will be eliminated, resulting in the removal of that layer of management, the company announced.
  • Fri Sep 12 15:09:00 CDT 2003 -- Valero's Bill Klesse to become NPRA chairman, March 2004
    The Washington, DC-based National Petrochemical & Refiners Association announced that its chairman-elect is Bill Klesse, executive vice-president and chief operating officer of the San Antonio-based Valero Energy Corp.
  • Thu Sep 11 10:09:00 CDT 2003 -- Pioneer rearranges international responsibilities
    Pioneer Natural Resources Co., Dallas, said Chris Cheatwood, executive vice-president of worldwide exploration, will assume oversight of Canadian operations as the company rearranges its international duties.
  • Tue Sep 02 09:09:00 CDT 2003 -- Yukos appoints new chief operating officer and chief information officer
    OAO Yukos has appointed Steven Michael Theede as chief operating officer and Thomas Wayne Nicewarner as chief information officer.
  • Tue Sep 23 09:09:00 CDT 2003 -- Esso SAF considers cutting jobs
    International oil major Esso SAF is contemplating cutting 164 jobs in France as part of an initiative being examined by ExxonMobil Corp. to centralize some European services.
  • Wed Sep 17 11:09:00 CDT 2003 -- Premier Oil completes its restructuring
    The UK-based Premier Oil PLC completed its corporate restructuring, effective Sept. 12.
  • Fri Sep 12 08:09:00 CDT 2003 -- Marathon cutting jobs, costs in reorganization
    Marathon Oil Corp., Houston, said it would cut 265 jobs in a realignment plan expected to yield pre-tax savings of more than $65 million annually.
  • Mon Sep 29 17:09:00 CDT 2003 -- Tracts near Sandpiper find draw top bids in federal Beaufort sale
    A sizeable 1980s oil and gas discovery in the Beaufort Sea was the main draw in the latest sale of acreage in federal waters off Alaska.
  • Fri Sep 12 16:09:00 CDT 2003 -- Medusa deepwater spar installed
    The Medusa truss spar platform, built for Murphy Oil Corp., operator of deepwater Medusa field in the Gulf of Mexico, has been completed and installed, reported contractor J. Ray McDermott SA Wednesday. Medusa field is capable of producing 40,000 b/d of oil and 110 MMcfd of natural gas.
  • Wed Sep 24 12:09:00 CDT 2003 -- DRILLING MARKET FOCUS
    Analysts predict increased drilling in 2004

    Analysts and oil service companies predict an increase in drilling activity for 2004.
  • Mon Oct 20 12:10:00 CDT 2003 -- Gas summit highlights need for safe gas supplies in EU liberalized market.
    The "real" opening of the European Union's gas market will take place when the second gas directive comes into force in 8 months on July 1, 2004, targeting 530,000 industrial users. But the transitory period is fraught with uncertainties about the benefits to be expected from a liberalized market. Numerous doubts were voiced at the Eighth International Gas Summit in Paris Oct. 13-14, which covered issued related to the gas market opening process.
  • Tue Oct 07 14:10:00 CDT 2003 -- Gas transport agreement paves way for Ormen Lange-UK pipeline
    British and Norwegian authorities have reached agreement on the main facets of a treaty that will pave the way for laying the two-part, 1,200 km "Britpipe" subsea pipeline from deepwater Ormen Lange field in the Norwegian Sea to the UK.
  • Thu Oct 02 13:10:00 CDT 2003 -- Small refiners pay fines, pledge to upgrade under US clean air settlements
    The US Department of Justice and the Environmental Protection Agency Wednesday announced clean air settlements with four small refiners. In each case the companies agreed to pay a fine and upgrade equipment.
  • Thu Oct 30 15:10:00 CST 2003 -- ConocoPhillips makes move to offload Trinidad and Tobago assets
    ConocoPhillips has decided to pull out of Trinidad and Tobago and immediately sell its shares in Phoenix Park Gas Processors Ltd. (PPGPL) along with a number of other North American interests.
  • Thu Oct 30 11:10:00 CST 2003 -- US delays new Iraq oil infrastructure contracts; KBR work continues
    The US Army Corps of Engineers Wednesday said it expects as long as a 2-month delay in awarding two new Iraq oil infrastructure contracts because it plans to expand the value of the original tender.

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