NNPC, Total eye 100,000 bpd Ofon 2 Jul 19, 2007
Nigerian 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. 
Ireland-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. 
Africa-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 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 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. 
Supermajor 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 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). 
Irish 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 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. 
Danish 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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A 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. 
Calgary-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 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. 
The 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.
Oilfield 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. 
Oil 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. 
Norwegian 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. 
Oil 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. 
Algeria 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 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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