Thailand’s latest oil and gas round has attracted 41 applications for 21 mostly landward blocks — an eclipse of last year’s interest — with local supermajor Chevron seeking out three offshore blocks, Reuters reported Friday. 
Process automation company Honeywell has notched 17 percent higher net income for second-quarter 2007 year-on-year, a $611 million result that coincides with a buy-up in its process solutions unit. 
Genesis Petroleum has hired AGR Petroleum Services to undertake a complete well services project and make available the Byford Dolphin semi-submersible rig to drill the company’s first U.K. well early in 2008. 
Total of Paris has had to halve production at its 220,000-barrel-per-day Dalia field offshore Angola, after a turbo generator failed, it was understood Thursday. 
Venture Production expects 2007 to end with the company producing 60,000 barrels of oil equivalent per day after a year in which downtime sent volumes lower by three percent for a damaged tanker, foul weather and gas “blow down”. 
Irish explorer Pan Andean Resources has won two oil and gas blocks “in a competive round” which cover Peruvian highlands and lowlands, including an area near the “world class” Camisea gas-condensate field in the Ucayali basin. 
Det Norske Oljeselskap has spudded a wildcat on the Norwegian continental shelf aimed west of the Grane field to depths of 2,200 metres. 
Dublin-based independent, Island Oil & Gas, has struck a farm-in agreement and license-developmen alliance with Supernova Energy, a business of Bluewater Group in the Netherlands, another “promote” type alliance in the North Sea periphery. 
Year-and-half-old Subsea 7 offshoot i-Tech has snagged four new contracts worth a combined $30 million from Petrobras, Canadian Superior, Sonangol and Petro-Canada the company heralded Monday. 
Sub-sea engineering firm JP Kenny has bought a design software license package from Dassault Systems to improve its design and installation operations for large Western Australia gas-field projects. |
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U.K.-listed independent Irvin Energy has bought a 50 percent stake in 52,000 acres of oil and gas leases in Oklahoma from local producer Metro Energy Group for $11.1 million, in a deal that includes shale developments. 
Gulf Sands Petroleum and Emerald Energy have honoured their Syrian hosts and extended their stay on the prospective Block 26, where a production-sharing contract with the Arab country is in effect. 
Independent U.K. Central Asia explorer Burren Energy is producing nearly 4,000 more barrels of oil per day than in 2006, as water injection boosts reservoirs from Turmenistan to the Congo and forcing the “purchase” of an oil rig. 
Aussie gas utility AGL has farmed Epic Energy in for the construction of a $140-million gas pipeline two Australian regions, it was understood Friday. 
Total has all but secured reserves from Gazprom’s giant Shtokman gas field in the eastern Barents Sea, after a signing ceremony in Moscow Friday clinched a 25-year development deal, with options. 
Technip will install an electro-hydraulic control umbilical for the Bass Lite in the Gulf of Mexico, a Mariner Energy contract of unspecified value. 
U.K.-based Kazakh player Max Petroleum reported Friday that a “competant persons” audit of the reserves in its Kuzbak prospect suggest “risked” resources of 250 million barrels of oil equivalent. 
Swiss-based West African explorer Adax Petroleum has discovered oil and gas offshore Nigeria for a third time, with block OML137 showing “potential for signficant gas exports”. 
Gazprom has chose French oil company Total to jointly own the Shtokman project company which will own some $16 billion in infrastructure at the 3.6-trillion-cubic metre gas field in the eastern Barents Sea. 
Mexican army and police have been reinforced after two pipeline blasts in a week proved to be the work of rebels partly protesting the narrow election win of the conservative federal government. |
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