Tue Feb 26 10:02:00 CST 2008
-- Neptune Marine to buy, reactivate semi Neptune Marine Oil & Gas Ltd., Nicosia, has agreed to buy the Atlantic Venture semisubmersible drilling rig, former Sedco 708, and plans to reactivate it.
Mon Feb 25 10:02:00 CST 2008
-- US drilling dips; Canada increases US drilling activity dipped lower during the week ending Feb. 22 with 1,771 rotary rigs working, said Baker Hughes Inc.
Fri Feb 22 09:02:00 CST 2008
-- McMoRan reenters Blackbeard gas prospect in gulf McMoRan Oil & Gas has entered into a multiwell drilling contract with Rowan Cos. that includes its reentering the Blackbeard gas prospect in the ultradeepwater Gulf of Mexico.
Tue Feb 19 12:02:00 CST 2008
-- BPZ Energy working to restart oil production off Peru BPZ Energy expects to restart production of its 21XD and 14D wells in Corvina field off Peru within 3 weeks. The wells were shut in following an accident involving a BPZ-chartered tanker.
Fri Feb 15 14:02:00 CST 2008
-- US rig count rebounds by 18 US drilling activity rebounded, increasing 18 units with 1,773 rotary rigs working this week vs.1,746 during the same period in 2007, Baker Hughes Inc. reported.
Fri Feb 15 12:02:00 CST 2008
-- StatoilHydro leases deepwater drillship StatoilHydro AS will use the GSF Explorer ultradeepwater drillship to drill three exploration wells on Indonesia's Karama Block off West Sulawesi in late 2009.
Fri Feb 15 12:02:00 CST 2008
-- UK subsea sector increases 30% in value The UK subsea oil and gas sector has grown by almost 30% in value to £4.3 billion in 2007, according to industry association Subsea UK.
Thu Feb 14 12:02:00 CST 2008
-- EnCana lets EPC contract for Deep Panuke field EnCana Corp. has let a $195 million engineering, procurement, construction, and installation contract to Acergy SA for offshore installation work on Canada's Deep Panuke field.
Wed Feb 13 12:02:00 CST 2008
-- StatoilHydro lets Troll C modification contract StatoilHydro AS awarded Aker Kvaerner an engineering, procurement, construction, and installation contract for modifying the Troll C semisubmersible accommodation and processing platform.
Fri Feb 08 15:02:00 CST 2008
-- US rig count down by 8 US drilling activity declined by 8 rotary rigs to 1,755 working this week, up from 1,731 in the same period a year ago, said Baker Hughes Inc.
Thu Feb 07 11:02:00 CST 2008
-- Mexico oil production decline to increase in 2010 Mexico will face difficulties in producing crude oil over the coming 2 years, according to a media report, which claims that Cantarell and Ku-Maloob-Zaap (KMZ) fields will decline simultaneously in 2010.
Wed Feb 06 12:02:00 CST 2008
-- Operators, contractors agree safety is priority Although oil companies call their safety programs by different names, operators agree that safety must come first, and that drilling contractors and operators can help one another improve safety.
Tue Feb 05 18:02:00 CST 2008
-- Total, PDVSA sign heavy oil agreements Total SA signed two joint study agreements with Petroleos de Venezuela SA (PDVSA) to appraise extraheavy oil reserves and assess a production project for Block Junin10 in Venezuela's Orinoco Belt.
Fri Feb 01 11:02:00 CST 2008
-- Suncor plans $20.6 billion oil sands expansion Suncor Energy is planning to invest $20.6 billion (Can.) to expand the oil production capacity at its oil sands operation north of Fort McMurray, Alta., by 200,000 b/d, to 550,000 b/d in 2012.