Thursday, August 9, 2007
Dana Gas has announced a new gas and condensate discovery from its Dabayaa-1 exploration well in the West Manzala Exploration
Concession in Egypt. Centurion Petroleum Corporation, the upstream division of Dana Gas, drilled the Dabayaa-1 well to a total depth of 3,001 meters and encountered a hydrocarbon-bearing interval that extends over a 10 square kilometer area.
Source : AME
Labels: Middle East, News
Tuesday, August 7, 2007
The Nigerian arm of Royal Dutch Shell (RDSa.L) has made an oil discovery and a test well flowed at up to 5,000 barrels per day, the Shell Petroleum Development Company (SPDC) said on Thursday.
The discovery was made onshore in the eastern Niger Delta in Shell's Oil Mining Licence 17. The exploration well, Aghata-1, was drilled to a total depth of 4,679 meters and encountered 245 meters of hydrocarbon bearing reservoirs. Source : IN O&G
Labels: Field Development, News, Oil
Monday, August 6, 2007
DOZENS of oil workers were evacuated from a North Sea platform after spending two days with no lights and no hot water.
The 61 staff were flown by helicopter to nearby rigs after the power failed on SHELL's Brent Bravo platform. The company said the workers were taken off on Sunday as a precaution and insisted there had been no threat to their safety.
Source : Scotsman
As part of an ongoing strategy of portfolio management, Société des Pétroles Shell (Shell) has received an offer for the sale of its Berre-l'Etang refinery site complex and associated infrastructure and businesses to Basell. A purchase price of $700 million has been agreed.The sale is subject to staff consultation and regulatory approval. Shell will be working closely with the appropriate trade unions and staff representatives as it has been doing since the announcement to review the ownership of the assets was made in January 2007. It is anticipated that any deal would be concluded in early 2008.
Source : Scandinavian
A/S Norske Shell ('Shell') has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Sea.
Source : Scandinavian
Saturday, August 4, 2007
BEIJING (AP) Onlookers burst into applause as 69 coal miners trapped in a flooded shaft for more than three days were pulled out Wednesday, a rare rescue in a country with the world's deadliest mines.
The 69 were stuck underground but uninjured when the state-owned Zhijian mine in Henan province's Shan County filled with water early Sunday. Thirty-three other miners managed to escape.
The trapped miners were rescued at midday Wednesday, the Xinhua News Agency reported. It said the first to emerge, identified as Lan Jianning, was met by a crowd who began clapping when they saw him...
The 69 were stuck underground but uninjured when the state-owned Zhijian mine in Henan province's Shan County filled with water early Sunday. Thirty-three other miners managed to escape.
The trapped miners were rescued at midday Wednesday, the Xinhua News Agency reported. It said the first to emerge, identified as Lan Jianning, was met by a crowd who began clapping when they saw him...
Source : AP
Labels: Accident, News, Underground
Friday, August 3, 2007
BP SAID it was committed to North Sea oil production despite what it said was the "terminal decline" of the fields, as it also said more favourable tax treatment from the government would be welcome.
It came as new BP chief executive Tony Hayward revealed that second-quarter underlying profits fell 1 per cent to $6.09 billion (£2.95bn) as refineries such as Thunderhorse in the Gulf of Mexico were out of action.
It came as new BP chief executive Tony Hayward revealed that second-quarter underlying profits fell 1 per cent to $6.09 billion (£2.95bn) as refineries such as Thunderhorse in the Gulf of Mexico were out of action.
Detail : Scotsman
Thursday, August 2, 2007
Technip, in consortium with Bechtel, has signed a contract with Saudi Aramco for the conversion of the Khursaniyah (Saudi Arabia) gas plant project into a lumpsum turnkey contract. The contract was originally awarded to this consortium in March 2005 on a time unit rate basis.
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This grassroots gas plant project is part of the Khursaniyah, Fadhli and Abu Hadriyah hydrocarbon field development program that will substantially increase Saudi Arabian oil and gas production capacity
Source : Scandoil
Labels: Conversion, Field Development, Gas, News
A few months ago, SHELL declared evacuation of it entities from RUSSIAN.
On Aug 02, 2007, two new great movements within SHELL...
- Shell sells equity in undeveloped Norwegian assets , 02/08/2007
On the other hand, Crude oil price touched USD78.77 per barrel @Aug 01, new peak in history...
Is SHELL under-performed during this booming period ?
Tuesday, June 19, 2007
The reduction of discharges of environmentally harmful chemicals to the sea from the petroleum activities on the Norwegian Shelf continues.
According to the operating companies' annual reports on emissions to air and discharges to sea, there was a significant reduction in NmVOC in 2006 and a slight reduction in CO2 and NOx emissions.
Reporting takes place in parallel to the Norwegian Pollution Control Authority, the Norwegian Petroleum Directorate and the Petroleum Safety Authority Norway via EnvironmentWeb. Details : Scandoil
According to the operating companies' annual reports on emissions to air and discharges to sea, there was a significant reduction in NmVOC in 2006 and a slight reduction in CO2 and NOx emissions.
Reporting takes place in parallel to the Norwegian Pollution Control Authority, the Norwegian Petroleum Directorate and the Petroleum Safety Authority Norway via EnvironmentWeb. Details : Scandoil
Labels: Emission, Environment, News
A proposal to drill for coal-bed methane in the Matanuska-Susitna Borough is getting a warmer reception than a plan three years ago that cost a Palmer state senator his job.
Fowler Oil and Gas has proposed placing a pilot well on an 840-acre unit. The land near Trunk Road and Bogard Road in Palmer is owned by four families who support the company’s plan.
Bob Fowler, the company’s chief executive officer, said his proposal is much different from one by Evergreen Resources in 2003.
Bob Fowler, the company’s chief executive officer, said his proposal is much different from one by Evergreen Resources in 2003.
Details : Anchorage Daily News
Labels: Coal Bed Methane, News
Industry won’t expand refineries since demand for gas will remain the same.
A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come.
With President Bush calling for a 20 percent drop in gasoline use and the Senate now debating legislation for huge increases in ethanol production, oil companies see growing uncertainty about future gasoline demand and little need to expand refineries or build new ones.
Details : MSNBC
Petroleum Development Oman will develop its Mabrouk field after the plan received shareholder approval, Khaleej Times reported. The project calls for the drilling of up to 80 new wells and the construction of a production station and gathering system. The work is expected to boost capacity from the field from 8,000 bpd to between 15,000 and 20,000 bpd of oil, and will produce 1m-2m cubic metres a day of gas.
Details : AME INFO
Labels: Exploration, Gas, News, Oil, Production
Monday, June 18, 2007
BPZ Energy, Inc. announced today that the Corvina CX11-16X well was successfully completed as a natural gas producing well, following workover and testing operations.A total of four Drill Stem Tests (DST) were conducted on various zones in the well including one in a formation previously untested in the entire basin. After completion, a final production test yielded approximately 20 million cubic feet per day (mmcf/d).
Details : ScandOil
Labels: Energy, Exploration, News, Well
Emirates Computers and CA today announced a joint IT seminar for the Oil and Gas sector at the Hilton Abu Dhabi on June 19, 2007.The event, titled 'Improve IT Service for the Oil and Gas Sector', is targeted at key business and technology decision makers of the Oil and Gas industry. This event includes presentations on how Emirates Computers and CA support this strategic industry by providing solutions that unify and simplify the technology for Oil and Gas sector companies to be successful. Senior executives from Emirates Computers and CA will also share their global experiences and success stories with delegates who attend the event.
Details : AME INFO
There are fears that, after almost four years of negotiations, the British-Russian joint company TNK-BP will be forced to cede control of the Kovytka gas field to Russia's state-controlled energy giant Gazprom.
Russia has said that TNK-BP is not producing enough gas from the field and is therefore not complying with production obligations. "How long should we tolerate it if participants of that consortium do nothing to meet the license obligations?" Putin asked on June 5. The Russian president didn't mention that TNK-BP has repeatedly said that the reason it can not meet license obligations is that Gazprom has blocked a plan to build a gas pipeline to China.
Russia has said that TNK-BP is not producing enough gas from the field and is therefore not complying with production obligations. "How long should we tolerate it if participants of that consortium do nothing to meet the license obligations?" Putin asked on June 5. The Russian president didn't mention that TNK-BP has repeatedly said that the reason it can not meet license obligations is that Gazprom has blocked a plan to build a gas pipeline to China.
Details : RadioFreeEurope
Labels: Energy, Exploration, Gas, News, Pipeline, Production
The TRACEBACK programme which started in January 2007 targets to establish a food traceability system with:
Objective connections between the product flow and the information flow along the food chains.
Information management system which fits to existing technologies present along the diverse players of food chain from the production of raw materials to the sale of products. The system needs to be open for upcoming technologies, without imposing any technology change.
Low costs. Traceability needs to count for no more than 1-2% of the product cost.
The new traceability system will integrate EU and non-EU emerging technologies from on-going projects into a single framework. The pilots will be implemented in two dominant agro-food sector, feed / dairy and tomato.
The new traceability system will integrate EU and non-EU emerging technologies from on-going projects into a single framework. The pilots will be implemented in two dominant agro-food sector, feed / dairy and tomato.
Details : SGS
Labels: News
Sunday, June 17, 2007
Aztec Oil & Gas, Inc. has elected Franklin C. Fisher, Jr. as its new Chief Executive Officer. Mr. Fisher has also been elected to the position of Chairman of the Board of Directors. He will be installed in both positions on June 15, 2007.Fisher has served in an advisory role with Aztec Oil & Gas since its inception, lending his oil & gas, financial and business management expertise in the role of outside advisor. During this period, he has also been very instrumental in Aztec's growth through his personal financing of the company and funding he has arranged through his related holdings and contacts. Mr. Fisher remains one of the Company's largest shareholders.
Details : ScandoilLabels: Appointment, News
Push for Increase in Biofuels Causes Oil Industry to Scale Back Refinery Expansion
A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come.
With President Bush calling for a 20 percent drop in gasoline use and the Senate now debating legislation for huge increases in ethanol production, oil companies see growing uncertainty about future gasoline demand and little need to expand refineries or build new ones....
Details : YAHOO FINANCE