Tuesday, August 22, 2017

BP: ‘No fresh Macondo leaks’

August 26, 2011 by  
Filed under Oil News

There is currently “no release of oil” from BP’s ill-fated and abandoned Macondo well in the Gulf of Mexico, the UK supermajor insists. Eoin O’Cinneide  26 August 2011 09:18 GMT Neither have leaks been discovered at the relief well near the site of the well in the Gulf of Mexico which suffered a disastrous blowout […]

Gazprom ‘in Kovykta bid’

February 25, 2011 by  
Filed under Oil News

Russian gas giant Gazprom and state holding company Rosneftegaz have bid for the huge Kovykta gas field, majority-owned by Russia’s TNK-BP , a source close to the bidding process was reported as saying. News wires 24 February 2011 15:26 GMT The move would be a sharp turnaround in Gazprom’s attitude towards the field, located near […]

Sinopec to take APLNG stake in gas deal

February 25, 2011 by  
Filed under Oil News

Chinese state-run Sinopec has signed a preliminary agreement to take up to 199.4 billion cubic feet of liquefied natural gas per annum, over a 20 year period, from the Australia Pacific LNG (APLNG) project in Queensland. Upstream staff 25 February 2011 04:59 GMT Under the non-binding agreement Sinopec would also gain a 15% stake in […]

BPMigas predicts Gendalo-Gehem start date

February 25, 2011 by  
Filed under Oil News

Chevron’s Gendalo-Gehem deepwater gas project in Indonesia is expected to start initial production of 120 million standard cubic feet per day (MMcfd) in the third quarter of 2014. News wires 23 February 2011 07:32 GMT Indonesian energy watchdog BPMigas chairman R Priyono told reporters the watchdog expected the project to be onstream by 2014, Reuters […]

Macondo commission releases investigation report, Halliburton comments

January 13, 2011 by  
Filed under Oil News

Energi – HOUSTON – The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling investigation report was released to the public today. While Halliburton says it continues to examine the report, it does disagree with some of the findings it has seen. In short, the report made the following conclusions: 1. The […]

BP funds research into oil spill effects

January 13, 2011 by  
Filed under Oil News

Energi – TUSCALOOSA, Alabama – BP is funding University of Alabama research into the effects of the Macondo oil spill in the Gulf of Mexico. The $786,000 grant goes to university scientists at the Dauphin Island Sea Lab, according to newspaper reports from the area. The money goes to four teams of researchers, some of […]

Norwegian gas exports increase

January 13, 2011 by  
Filed under Oil News

Energi – BYGNES, Norway – Norwegian trunklines operator Gassco transported 97.3 bcm (3.4 tcf) of gas from Norway to terminals in Europe during 2010. This represents an increase of 700 000 cu m (24.7 MMcf) over the total for 2009. The gas was piped from fields on Norway’s continental shelf to facilities in Germany, Belgium, […]

Rig arrives for Athena development wells

January 13, 2011 by  
Filed under Oil News

Energi – CALGARY, Canada — The semisub Sedco 704 is being anchored on location over the Athena field in the UK North Sea, ahead of a 180-day development drilling campaign. According to operator Ithaca Energy, the program will comprise drilling of a water injector well, a fourth producer, and completion of the field’s three suspended […]

Second train in prospect for Hammerfest LNG

January 13, 2011 by  
Filed under Oil News

Energi – STAVANGER, Norway – Statoil and its partners in the Snøhvit license in the Norwegian Barents Sea are considering building a new LNG plant at Melkøya Island in Hammerfest (Train II). The licencees have conducted a feasibility study into expanding processing capacity at the Hammerfest LNG plant, designated Snøhvit Train II, and have decided […]

Cost of gas up about 9 cents in the last 3 weeks

January 10, 2011 by  
Filed under Oil News

Energi – CAMARILLO, Calif. — The twice-monthly Lundberg Survey has found the price of regular gasoline has risen about nine cents a gallon over three weeks to $3.08. The price of mid-grade gasoline is now $3.22 a gallon and premium is $3.33 a gallon, analyst Trilby Lundberg said Sunday. The U.S. average for diesel was $3.36, […]

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