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NNPC, Total eye 100,000 bpd Ofon 2 Jul 19, 2007Nigerian National Petroleum Corp. and Elf (Total) have started Phase 2 of the Ofon field development, 50 kilometres off the southwest coast of the West African country.
Dragon uses $100M, pumps 50% more Caspian oil Jul 18, 2007Ireland-based Caspian explorer Dragon Oil has increased its first-half 2007 production by 52 percent to 28,300 barrels of oil per day, with an eighth new well planned for month’s end.
Excel, Afren to to share cost of Eremor Jul 18, 2007Africa-focused explorer Afren has farmed into Excel Exploration & Production Ltd.’s Eremor field development in Nigeria, where officials have given their go-ahead for development.
Statoil, Sakhalin link-up could earn tax break Jul 17, 2007Statoil would neither confirm nor deny on Tuesday the Norwegian state champion had been invited by Gazprom Neft, the gas monopoly's oil business, to help develop a field offshore Sakhalin island.
Statoil looks to earn barrels at Ermintrude Jul 9, 2007Statoil 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.
BP submits $5B Skarv plan for Norwegian nod Jun 29, 2007Supermajor BP has sent Norwegian officialdom its plan to develop the 30-billion-kroner ($5-billion) Skarv gas field using a “large production vessel”, subsea wells and an 80-kilometre, gas-export pipeline.
Contact gets approval for Stoney Creek field Jun 29, 2007Contact Exploration Inc. has received final regulatory approvals required from the New Brunswick Department of Environment to begin production from its second horizontal Stoney Creek well (I-88-2328) and its first reworked vertical well (N-78-2328).
Petrel seeing upside in new Iraqi oil law Jun 28, 2007Irish oil company Petrel said Iraq “will pass” the new Iraqi Hydrocarbon Law this year and it expects the new rules to bring better terms when its $197 million Subba and Luhais development starts up in 2010.
E.ON Ruhrgas participates in new European gas pipeline Jun 22, 2007E.ON Ruhrgas AG is participating in the joint venture to plan a new European gas pipeline in Scandinavia. This Skanled pipeline is to transport Norwegian gas to Norway, Sweden and Denmark.
DONG’s Siri to live long on new Ninni oil Jun 21, 2007Danish oil company DONG and partners announced on Thursday the finding of more tightly packed oil and gas at the Ninni East field than was reckoned to be in place.
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J. Ray, Fluor to prop up Poinsettia platform Jun 20, 2007A consortium of oilfield infrastructure builders J. Ray McDermott and Fluor has been awarded a contract to engineer, build, install and procure for BG’s offshore Poinsettia project in Trinidad & Tobago.
Oilexco on road to development at Huntington Jun 20, 2007Calgary-based North Sea developer Oilexco has tested the Huntington light-oil discovery and attained flows of 5,577 barrels per day of oil and 3.4 million standard cubic feet per day of gas, or more than thought.
ABB electrifies NCS, clinches $72M cable Jun 8, 2007ABB in Norway has won a NOK430-million ($72-million) contract to electrify Statoil’s Gjoa platform by sub-sea cable from gas-fired power plant at Mongstad, it was announced late Friday.
Norway: 2007 to set $18.6B spending record Jun 7, 2007The forecast for Norwegian oilfield spending in 2007 has been revised higher to a record NOK111.3 billion kroner ($18.58 billion) after a survey of spending by a national researcher.
J. Ray McDermott to manufacture Manifa May 29, 2007Oilfield construction outfit McDermott International has confirmed its subsidiary, J. Ray McDermott has secured a four-year Saudi Aramco order to engineer, procure for, construct and install the Manifa field facilities in the Arabian Gulf.
BP spend reaches Le Trait, Lowestoft May 21, 2007Oil company BP has awarded Paris-based contractor Technip the €90 million job of engineering and delivering flexible pipes to the Skarv floating production ship in the North Sea.
Brazil approves Peregrino plan in record time May 16, 2007Norwegian oil company Hydro (soon to be StatoilHydro) reported Wednesday that its plan for the development of the Peregrino field offshore Brazil has been approved by the Agencia Nacional do Petroleo in Rio de Janeiro.
Chevron, Nautical lift U.K. offshore activity May 11, 2007Oil companies have asked the U.K. Department of Trade and Industry for permission to approve over 118 field developments and modifications so far this year, judging by recent regulator numbers. By WILLIAM STOICHEVSKI
First Calgary’s Algeria “pools” press finances May 11, 2007Algeria explorer First Calgary has posted a $2.4 million loss after spending some $50 million in the first three months of 2007, as it turns the Algerian desert into a sea of appraisal wells, just as the TAGI “pools” look commercial.
Wärtsilä opens Vietnam office in Hanoi May 9, 2007Wärtsilä Corporation is expanding its representation in Vietnam by opening a branch office today in Hanoi. Vietnam is a rapidly-growing market for Wärtsilä’s products and services to the shipping, shipbuilding and power industries.
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