'The most disappointing part of the empty energy pledges made by both candidates is that cutting oil imports does very little to address oil prices.'The US election is now over. However, from what the candidates said during the long campaign…
Kitimat LNG illustrationChevron buys EOG, Encana stake in Kitimat LNGEOG Resources and Encana have sold their shares in Kitimat LNG and the Pacific Trail Pipeline to Chevron, the supermajor announced on 24 December 2012.The financial terms of the deal were not disclosed…
Chevron and its 50:50 joint partner Shell have scored two gas finds in the Exmouth Plateau of the Carnavon Basin off Western Australia. Pinhoe-1, drilled to 13,396ft TD, encountered 197ft of net gas pay in the Barrow and Mungaroo Sands. The Arnhem-1…
Santos discovered 61m of net gas pay in the Jurassic Montara, Plover and Malita reservoirs in its Crown-1 exploration well in the Browse Basin off Western Australia. The well is located about 500km north of Broome, 60km west of Ichthys field, and 20km east of Poseidon.
Helix Energy Solutions Group has encountered 100ft of high-quality net oil pay in the Wang exploration well, 93 miles off the Louisiana coast in Green Canyon block 237. Drilled to a total depth of 18,300ft, Wang will tie-back to the Helix Producer 1 FPU. First production is expected by 2Q 2013.
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
Photo: Terje S Knudsen-StatoilSnorre supply deal nets FMC Technologies $33MStatoil has awarded FMC Technologies a $33 million contract to supply further subsea equipment for Snorre field, FMC announced on 26 December 2012.FMC will provide 10 production risers and tieback connectors…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
Prime Minister Stephen HarperCanada grants approval for Nexen, Progress grabsThe Canadian government announced on Friday that it would approve two controversial investments in local firms by foreign state-owned companies.Minister of Industry…
Ensco 8503Cobalt says deepwater oil find is significant Cobalt's deepwater Gulf of Mexico prospect North Platte has encountered significant oil pay, the company announced on 5 December 2012.Cobalt characterized the discovery as containing…
The FROG in actionReflex Marine demos FROG transport in HoustonReflex Marine, a global leader in safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Center (ASC) in Houston…
Kenya mapTullow's Twiga South-1 exploration well in Block 13T, onshore Kenya, has encountered oil, the company confirmed 26 November 2012.Twiga South-1 has encountered 30m of net oil pay with further potential to be assessed on test and…
Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…
Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
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