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.
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. 
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. 
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. 
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”. 
Southern Pacific Resource Corp. has received the results of the updated resource report from Degolyer MacNaughton Canada Ltd. (“D&M”) in regard to their South Leismer area. The Leismer South area consists of 25 contiguous sections of 80% owned lands in Townships 75–76-10W4. The Corporation’s bitumen resource base increase reflects the completion of the seismic and successful drilling at South Leismer, which was completed in the spring of 2007. 
Lloyd's Register EMEA, in conjunction with Caledonian Geotech Ltd and the Maritime Institute in Gdansk, has recently conducted what is believed to be the first offshore North Sea pipeline in-service survey using a multi-beam echo sounder (MBES). |
||||||||
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. 
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. 
Clough Limited has entered into an agreement for an eight year charter of a new subsea operational support vessel. The as yet unnamed vessel will be ready for service in June 2008. Once operational the vessel will be deployed on various projects and contracts, primarily in the Australasian and SE Asian regions. 
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. 
Independent Russia producer Imperial Energy has rejected reports in the Russian English-language press in which Russia’s Ministery of Natural Resources reportedly disputes the oil company’s reserves claims. 
Unicorp, Inc. has begun operations to restore production on two of the shut-in wells it recently acquired in its Welsh Field acquisition located in Jefferson Davis Parish, Louisiana. 
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. |
||||||||
|
