-- 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.
-- 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.
-- 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.
-- 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.
-- 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.
-- 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.
-- 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.
-- 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.