03/25/2008
-- Armed clashes halt operations at Pluspetrol Peruvian block Armed clashes between protestors and security forces at the facilities of Argentina's Pluspetrol Norte in Peru's northeastern Loreto region have resulted in the suspension of operations Mar. 20 at Block 1AB.
03/21/2008
-- 'You talk about the price of oil – yeah, it's high' President George W. Bush, following his Mar. 14 address to the Economic Club of New York, as part of a response to a question about oil and other rising prices.
03/19/2008
-- TPAO producing gas from Ayazli field Operator Turkish Petroleum has begun producing natural gas from Ayazli gas field in the Black Sea off Turkey, reported partner Stratic Energy.
03/14/2008
-- US rig count slumps by 10 units US drilling dipped by 10 rotary rigs to 1,792 drilling this week, up from 1,740 during the same period a year ago.
03/14/2008
-- What Congress should have heard Oil and gas producers face formidable technical challenges as they venture into deeper water. The money that's involved can be considerable.
03/13/2008
-- StatoilHydro extends drilling contracts StatoilHydro signed separate drilling contract extensions with KCA Deutag Drilling Norge, Seawell Norge, and Odfjell Drilling.
03/12/2008
-- Pakistan firm signs rig deal Petroleum Exploration (Pvt.) Ltd., operator, signed a long-term contract with Weatherford Drilling International for a new National Oilwell Varco 1,500-hp IDEAL drilling rig.
03/10/2008
-- US rig count increases by 39 units US drilling climbed to an 11-week high with an increase of 39 rotary rigs to 1,802 working this week, up from 1,757 during the same period in 2007, Baker Hughes Inc. reported.
03/07/2008
-- ConocoPhillips lets contract for Ekofisk decommissioning ConocoPhillips let a contract to Heerema Marine Contractors to decommission its nine Ekofisk platforms in the Norwegian and UK sectors of the North Sea by 2013.
03/06/2008
-- Indian firms in talks to secure Canadian oil sands stake In an attempt to secure oil supplies for its refineries and strengthen India's energy security, state-owned IOC said it is looking to acquire equity stakes in oil sands blocks in Canada.
03/04/2008
-- Sakhalin-2 partners seeking swifter financing Sakhalin-2 gas and oil project parterns have reported they are no longer seeking loans from the US Ex-Im Bank or the UK's Export Credits Guarantee Department due to possible delays on loan decisions.
03/04/2008
-- Pemex to boost output in declining Cantarell field Average output at Mexico's Cantarell oil field will decline by as much as 20% this year as the field matures, a Petroleos Mexicanos executive reported.
03/03/2008
-- Yemen to raise oil production by 2010 Yemen plans to increase its oil production to 500,000 b/d by 2010 from the current 317,000 b/d, according to the country's oil minister, Khaled Bahah.
03/03/2008
-- Transneft to start ESPO export terminal this month Russia's state-owned pipeline concern OAO Transneft will begin construction for the export terminal of the East Siberia Pacific Ocean oil pipeline this month, according to company officials.
02/29/2008
-- US drilling slips 8 units US drilling activity slipped to 1,763 rotary rigs the week ended Feb. 29, 8 less than the previous week but up from 1,752 during the same period last year, said Baker Hughes.
02/29/2008
-- Partners move to develop Usan field off Nigeria Partners in Usan oil field off Nigeria are moving to develop the 2002 discovery, which lies in 750-850 m of water on Oil Mining License 138, about 100 km off the eastern Niger Delta coast.
02/28/2008
-- Total subsidiary orders superlarge FPSO Elf Petroleum Nigeria has awarded Hyundai Heavy Industries a turnkey project to build a superlarge FPSO vessel valued at $1.6 billion.
02/28/2008
-- Africa Oil to use new rig for Puntland wells Africa Oil will use a new rig under contract from Energi Tata Persada for its drilling program in the Puntland area of Somalia (OGJ, Sept. 3, 2007, p. 34).
