http://www.rigsworld.com/rss.xml Oil and Gas newsfeeds from Rigsworld Mon, 30 Apr 2012 00:10:00 PDT Mon, 30 Apr 2012 00:10:00 PDT BUENOS AIRES - The current managers of YPF accused Spain’s Repsol of deliberately delaying or ignoring contracts to supply Argentina with liquid natural gas (LNG) following the seizure of a majority stake in the company belonging to the Spanish corporation. http://www.rigsworld.com/NEWS/1503.php http://www.rigsworld.com/NEWS/1503.php Mon, 30 Apr 2012 00:10:00 PDT Technip was awarded a front end engineering design (FEED) contract by BP. This contract covers the design of a Spar* hull and mooring systems for the Mad Dog Phase 2 Project, located near Green Canyon Block 825 in the Gulf of Mexico http://www.rigsworld.com/NEWS/1502.php http://www.rigsworld.com/NEWS/1502.php Mon, 30 Apr 2012 00:10:00 PDT Woodside is producing LNG from its Pluto LNG Project near Karratha in Western Australia and will soon be loading its first cargo aboard the Woodside Donaldson LNG tanker. ‘Pluto cements Woodside’s position as a major supplier of LNG to the Asia-Pacific region and builds on our position as a global leader in upstream oil and gas http://www.rigsworld.com/NEWS/1501.php http://www.rigsworld.com/NEWS/1501.php Mon, 30 Apr 2012 00:10:00 PDT Statoil releases the 2011 Oil Sands Report Card documenting company performance within the Canadian oil sands. The report contains performance indicators which measure production and energy consumption as well as emissions and quality and use of air, water and land at the Leismer Demonstration Project and in the Kai Kos Dehseh (KKD) leases in northern Alberta. http://www.rigsworld.com/NEWS/1500.php http://www.rigsworld.com/NEWS/1500.php Mon, 30 Apr 2012 00:10:00 PDT BP's activities are growing in Norway We are facing to major developments, one at the existing Vallhall field in North Sea and a new development of the Skarv Idun fields in the Norwegian Sea. The reasons given were harsh weather conditions on the Norwegian Sea during the installation period and consequential delay in the riser pull in campaign. http://www.rigsworld.com/NEWS/1499.php http://www.rigsworld.com/NEWS/1499.php Mon, 30 Apr 2012 00:10:00 PDT http://www.rigsworld.com/NEWS/1498.php http://www.rigsworld.com/NEWS/1498.php Mon, 30 Apr 2012 00:10:00 PDT NiMin Energy Corp. and its wholly-owned subsidiary, Legacy Energy, Inc., have entered into a definitive agreement for the sale of its assets in California's San Joaquin Basin to Southern San Joaquin Production, LLC for a total cash consideration of approximately US$27 million, subject to adjustment. The sale of the California Assets is in addition to the recently announced sale of the Company's assets in Wyoming's Big Horn Basin resulting in combined gross proceeds of approximately US$125 million, subject to adjustment. http://www.rigsworld.com/NEWS/1497.php http://www.rigsworld.com/NEWS/1497.php Mon, 30 Apr 2012 00:10:00 PDT Essar Oil Limited (EOL) has renewed a major product sale and purchase agreement with Bharat Petroleum Corporation Limited. The renewed four year agreement, running upto 2016 is for supply of diesel, petrol, kerosene and ATF (aviation turbine fuel) to BPCL from its Vadinar Refinery. It also entitles EOL to purchase products from BPCL and gives the two companies the option of sharing each other’s distribution infrastructure. http://www.rigsworld.com/NEWS/1496.php http://www.rigsworld.com/NEWS/1496.php Mon, 30 Apr 2012 00:10:00 PDT Argentina's Senate on Thursday approved a government bill to nationalize the country's biggest oil company, YPF, clearing the way for likely approval by the lower house next week. President Cristina Fernandez, a popular second-term leader who controls both houses of Congress, unveiled plans last week to seize a 51 percent stake in YPF from Spain's Repsol. http://www.rigsworld.com/NEWS/1489.php http://www.rigsworld.com/NEWS/1489.php Mon, 30 Apr 2012 00:10:00 PDT A Contra Costa property tax appeals board has agreed to postpone for up to two years Chevron's 2010-11 challenges of the taxable worth assigned to its Richmond refinery. It's the latest move in Chevron's eight-year fight with county Assessor Gus Kramer over the taxable value of its large Richmond refinery complex. Chevron sought the 2014 delay to await the outcome of pending lawsuits in Superior Court, company spokesman Dean O'Hair said. http://www.rigsworld.com/NEWS/1495.php http://www.rigsworld.com/NEWS/1495.php Mon, 30 Apr 2012 00:10:00 PDT Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil and gas and renewables industry, is pleased to announce the exercise by National Drilling Company ("NDC"), Abu Dhabi, of the options for Lamprell to build a further two jackup rigs in addition to the four rigs currently under construction by Lamprell for NDC. http://www.rigsworld.com/NEWS/1494.php http://www.rigsworld.com/NEWS/1494.php Mon, 30 Apr 2012 00:10:00 PDT The Ensco 92 (210' ILC) rig has been contracted for a firm one well slot and a further option which can be exercised subject to rig availability. It is expected that the rig will be available sometime between March 2013 and January 2014. The uncertainty in timing is due to preceding operators having options on the rig which are currently undeclared. The rig is currently undertaking work on the Clipper South development for RWE. http://www.rigsworld.com/NEWS/1493.php http://www.rigsworld.com/NEWS/1493.php Mon, 30 Apr 2012 00:10:00 PDT Norwegian Energy Company ASA (Noreco ASA), operator of production license 396, has completed drilling of wildcat well 7228/1-1. The well was drilled about 180 miles (290 kilometers) northeast of Hammerfest and about 31 miles (50 kilometers) east of the 7226/2-1 discovery. The well's primary exploration target was to prove petroleum in Jurassic and Triassic reservoir rocks (the Realgrunnen subgroup). http://www.rigsworld.com/NEWS/1492.php http://www.rigsworld.com/NEWS/1492.php Mon, 30 Apr 2012 00:10:00 PDT Lukoil started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq's South Oil Company, LUKOIL Overseas and of the major contractor companies Baker Hughes and Samsung Engineering all participated in the festive ceremony dedicated to the occasion. http://www.rigsworld.com/NEWS/1491.php http://www.rigsworld.com/NEWS/1491.php Mon, 30 Apr 2012 00:10:00 PDT The Board of Salamander today announces a fully underwritten 13 for 20 Rights Issue to raise proceeds of approx. $201 million (£124 million), net of expenses, through the issue of up to 100,654,935 New Ordinary Shares. ‘During 2011 Salamander Energy refocused its portfolio on three core areas where it has large, operated interests with material upside exposure and high quality, anchor assets. http://www.rigsworld.com/NEWS/1488.php http://www.rigsworld.com/NEWS/1488.php Mon, 30 Apr 2012 00:10:00 PDT Jupiter Energy report that trial production from the J-50 and J-52 wells has now commenced. Initial combined production rate is expected to be approx.600 bopd. Contracts signed with two oil traders to purchase Jupiter’s produced oil at $US400 per tonne . Initial production of 6,000 tonnes (3,000 tonnes each) has been sold on a 100% prepaid basis. US1.2m has been received with further $US1.2m due next week. http://www.rigsworld.com/NEWS/1487.php http://www.rigsworld.com/NEWS/1487.php Mon, 30 Apr 2012 00:10:00 PDT HOUSTON- A former engineer for BP PLC was arrested Tuesday and accused of destroying evidence relating to the 2010 Deepwater Horizon explosion and oil spill, the first criminal case to arise from the incident. Federal prosecutors charged Kurt Mix of Katy, Texas, with two counts of obstruction of justice for deleting from his iPhone hundreds of text messages about the spill that he exchanged with a co-worker and a contractor, according to a criminal complaint unsealed Tuesday. http://www.rigsworld.com/NEWS/1484.php http://www.rigsworld.com/NEWS/1484.php Mon, 30 Apr 2012 00:10:00 PDT