-- Aker completes Blind Faith semisubmersible hull Aker Kvaerner has completed the Froya deep-draft semisubmersible hull for Chevron's Blind Faith platform, which will use steel catenary risers for more-efficient exploration in ultradeepwater Gulf of Mexico.
-- Russia approves gas production, delivery to Asia Russia's Industry and Energy Ministry has approved the Eastern Gas Program leading to the creation of a unified system for East Siberia's gas production and delivery to China and other areas in the Asia-Pacific.
-- Alabama strat trap oil field still growing A southern Alabama oil field with a unique trapping mechanism is still under development after having become the state's largest producing field in 2005.
-- Gaz de France plans gas storage caverns in UK GDF has signed an agreement with Ineos Enterprises for the development of a proposed salt cavern storage facility for gas at Stublach in Cheshire in Northwest England.
-- Statoil selects preferred subsea suppliers Statoil has signed letters of intent with Aker Kvaerner Subsea AS and FMC Technologies as selected companies to provide subsea equipment and services for existing and future projects.
-- US drilling activity increases US drilling activity increased to 1,816 rotary rigs working this week, up 21 units from 1,795 the previous week.