Sat May 10 21:05:00 CDT 2008
-- KCA Deutag wins $100 million in drilling contracts European and Russian oil and gas operators have awarded drilling contractor KCA Deutag five contracts valued at a total of more than $100 million for land drilling and extensions of existing drilling contracts.
Wed May 14 09:05:00 CDT 2008
-- OTC: ABS adopts new FPSO structural requirements ABS is adopting new structural requirements for FPSO units in a soon-to-be-released major revision and update of the society's Guide for Floating Production Installations.
Wed May 14 09:05:00 CDT 2008
-- Blake to buy Pride platform rigs for $66 million Pride International Inc., Houston, signed a definitive agreement to sell its fleet of platform rigs and related equipment to Blake International LLC for $66 million.
Wed May 14 15:05:00 CDT 2008
-- Indonesia to reduce oil imports, raise production Indonesia, facing widespread public protests over planned fuel price hikes, aims to lower its costs by reducing imported oil and increasing the country's production to 1.2-1.5 million b/d by 2010.
Thu May 15 10:05:00 CDT 2008
-- Shell, Repsol-YPF drop Iranian gas development plans Royal Dutch Shell PLC and Repsol-YPF SA have suspended plans to develop Phase 13 of South Pars gas field in Iran as relations between the US and Iran deteriorate and development costs rise.
Fri May 16 00:05:00 CDT 2008
-- Wyoming Range bill is not just another federal land lockup When the Senate Energy and Natural Resources Committee sent 45 public land, forest, park and water bills to the floor on May 7, the measures included a bill to close 1.2 million federal acres in Wyoming to future oil and gas leasing.
Sat May 17 08:05:00 CDT 2008
-- Oilexco lets UK North Sea subsea work to Technip Oilexco North Sea Ltd. has signed a framework agreement with Technip SA for engineering, project management, and construction services for subsea developments at its Shelley oil field and other fields in the UK North Sea.
Tue May 20 16:05:00 CDT 2008
-- Norway cuts 2008 oil production forecast Norway has revised its oil production forecast for 2008 to 2.4 million b/ddown from the previous projection of 2.5 million b/din its revised budget for this year.
Fri May 23 12:05:00 CDT 2008
-- AWE extends FPSO charter Sydney-based Australian Worldwide Exploration Ltd. negotiated a 14.5-year extension on its charter for the FPSO Umuroa for its Tui oil field in the offshore Taranaki basin of New Zealand.
Fri May 23 15:05:00 CDT 2008
-- US drilling exceeds 22 year high US drilling activity broke a 22-year record the week ended May 23, with 1,889 rotary rigs working, the most since Jan. 3, 1986 when Baker Hughes Inc. reported 1,983 units active.
Fri May 23 16:05:00 CDT 2008
-- Mexico's oil output continues to recede State-owned Petroleos Mexicanos said the country's production and exports of crude oil fell sharply in first-quarter 2008 as output continues to recede at Cantarell, the country's main oil field.