Pemex in market for jack-up splash
MEXICO’S Pemex is looking to contract up to 10 additional jack-up rigs in an ongoing effort to direct more of its upstream budget resources offshore.
Water study of Athabasca ‘finds toxins’
There are more pollutants in the Athabasca River than government agencies are willing to admit, according to a new study determining the impact that oil sands development is having on the watershed.
GDF Suez to seek bids on Bonaparte
French energy company GDF Suez is preparing to invite leading engineering companies to bid for a crucial early engineering study on its proposed Bonaparte liquefied natural gas project in northern Australia, which is earmarked for a floating LNG vessel.
Darkhovin buy-back push
Iran is moving ahead with a local buy-back tender for the third phase of the Darkhovin oilfield development after Eni’s withdrawal from contention, and is understood to be aiming for the maximum output target of 300,000 barrels per day.
Stena Don protest labelled as illegal
The government of Greenland has condemned as illegal action by Greenpeace protestors who boarded a drilling rig, halting a $420 million oil exploration campaign by Scottish company Cairn Energy.
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BP lifts damaged blowout preventer
Anthony Guegel 03 September 2010 20:32 GMTBP has lifted the damaged blowout preventer stack off the Macondo well in Mississippi Canyon Block 252 in the deep-water Gulf of Mexico and plans to have the entire stack pulled up from 5000 feet deep to the surface by Sunday afternoon.
Drillsearch gets reserves boost
Australian explorer Drillsearch Energy announced an increase to its proved plus probable (2P) reserves in its Cooper basin western flank oil fairway and gas & liquids projects.
Yemen puts blocks up for grabs
Yemen aims to offer the rights to develop 15 offshore hydrocarbon blocks next month as the smallest producer on the Arabian Peninsula seeks to boost its production.
Oil falls toward $74 on US glut
Oil fell for a second straight session today as the end of the driving season in the US and record petroleum stockpiles in the country exacerbated doubts that supplies would drain even with tepid economic growth.
BP revives bid to sell Alaskan assets
BP has revived the sale of its Alaskan assets after failing to offload them to US oil and gas company Apache in July.
Encana checking Deep Panuke
Encana said it was sending a check-up crew via helicopter to its Deep Panuke drilling prospect offshore Nova Scotia to make checks after Hurricane Earl came through the region on Saturday.
Dana Gas cheers Egyptian discovery
UAE-based Dana Gas said it had made another gas discovery in Egypt, the company's fourth gas find in the country.
BOEM to probe Mariner fire
The US Bureau of Ocean Energy Management (BOEM) today launched an investigation into yesterday's fire on a Mariner Energy-operated platform in the US Gulf of Mexico.
TransCanada pipe down for work
TransCanada has shut down its new Keystone oil pipeline to the US Midwest from Alberta for unscheduled maintenance, adding to an already-squeezed system for exporting Canadian crude.
Oil eases on growth worries
Oil prices eased today as weak US services sector data revived concerns about slowing economic growth, while a weakened Hurricane Earl posed less of a threat to refineries near its path.
EOG gets BMO Capital help
EOG Resources retained BMO Capital Markets to sell all of its Gulf of Mexico assets as the company shifts spending to oil projects and away from natural gas.
Medvedev eyes Khudainatov to run Rosneft
Rosneft executive Eduard Khudainatov has been picked by Russian President Dmitry Medvedev to run the country's top oil producer.
BP spill costs hit $8bn
BP said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion and that it was a fortnight away from sealing the well for good.
Greenpeace activists to be deported
Denmark today issued deportation orders for the four Greenpeace activists who stopped drilling at the Cairn Energy-operated Sigguk Block, in Baffin Bay off Greenland, earlier this week.
Salazar has doubts on Arctic drilling
US Interior Secretary Ken Salazar said today he cannot predict whether Anglo-Dutch Shell, which has invested $3.5 billion in an offshore Arctic oil-development programme, will be allowed to drill the five wells it plans next year in Alaska's Chukchi and Beaufort Seas.
Encana clears Deep Panuke decks
Canadian producer Encana evacuated 82 crew from the jack-up Rowan Gorilla III, which is drilling the Deep Panuke prospect off Nova Scotia, ahead of Hurricane Earl, a company spokeswoman said today.
Pemex in market for jack-up splash
Mexico’s Pemex is looking to contract up to 10 additional jack-up rigs in an ongoing effort to direct more of its upstream budget resources offshore.
US rigs down by three
The number of oil and gas rigs drilling in the US fell by three this week bringing the total to 1653.
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