Supermajors could pull out of Indian auction Jul 10, 2007
India’s 50-block August licensing round could be cancelled if participating supermajors pull out in reported “protest” over government intervention in production-sharing contracts, it was learned Tuesday.

Nigeria troops kill attacker, as kidnappings peak Jul 10, 2007
Nigerian special troops have stymied a purported kidnapping attempt at a Daewoo yard and reports indicate one would-be kidnapper was killed and several injured.

TNK-BP prospects, spend up on Russia shares Jul 10, 2007
TNK-BP’s gas business in Russia will spend $4 billion investing and acquiring in Russian and abroad this year, judging from a company statement.

ONGC update on Samudrika-10 Mishap Jul 10, 2007
One ONGC-owned Offshore Supply Vessel Samudrika-10 was on standby mode due to bad weather waiting for transfer of cargo to ONGC’s drilling rig Sagar Gaurav, operating in Bassein & Satellite field of ONGC. It started taking water and sank around 12.30 hrs on 9th July, 2007.

Statoil selling Trym interest Jul 10, 2007
Statoil has today, 9 July, signed a deal for the sale of its 30% interest in production licence 147 Trym in the North Sea to Bayerngas Norge.

Libya seeks Big Oil only in hunt for big cats Jul 9, 2007
Libya’s National Oil Corporation has launched a licensing round aimed at its “prospective gas areas throughout the prolific geologic basins”, including four offshore blocks of some 10,300 square kilometres.

Acergy, Havila to build $180M diver vessel Jul 9, 2007
Offshore services outfit Acergy has ordered a $180 million diving support vessel from Havila Shipping, as the London-based supplier looks to win pipeline tie-in, welding and inspection work in Canada and Europe.

Antrim finds Causeway oil “in every compartment” Jul 9, 2007
Calgary-based North Sea explorer Antrim Energy has declared its latest Central Causeway well flowed a combined 6,300 barrels of light crude oil per day from two rock strata.

Statoil looks to earn barrels at Ermintrude Jul 9, 2007
Statoil will look at producing the newly defined Ermintrude discovery in the North Sea via a tie-in to the Sleipner, Volve or Gudrun fields, after the detection of new extensions of gas and oil.

EMGS to ply offshore Canada for $10M Jul 9, 2007
Electromagnetic Geoservices has been awarded a contract by an unnamed energy company to determine the hydrocarbon content of potential reservoirs offshore eastern Canada using seabed-logging technology.

Sakhalin Energy preps zero-emissions, Russia’s first offshore gas Jul 9, 2007
Sakhalin Energy has started drilling Russia’s first two offshore gas-production wells from the Lunskoye-A platform in the Russian Far East after the Shtokman exploration wells in the Barents Sea.

Solana to test “magnitude” of Colombian oil strike Jul 9, 2007
London-listed Calgary oil company Solana said it has a gusher in the in southern Colombia, where a Chaza Block wildcat well in the Putumayo Basin has struck oil.

PSA grants Talisman consent for use of Blane Jul 9, 2007
Talisman Energy Norge AS (Talisman) has been granted consent for use of Blane.

Caspian base takes form, as EBRD weighs in Jul 6, 2007
The European Bank for Reconstruction and Devleopment will raise by $8 million to $32 million the money it will put into a company developing a marine base by the Caspian Sea in the Bay of Bautimo, Kazakhstan.

Statoil awards $515M in coatings contracts Jul 6, 2007
Statoil has has handed out five-year contracts for pipeline coating services worth NOK3 billion ($515 million) with Bredero, Socotherm and Eupec, the oil company heralded Friday.