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Drilling & production - 13 April 2012

 

Offshore tax breaks detailed by Putin

At a recent meeting, Vladimir Putin, unveiled a new set of rules for offshore development in Russian territory as well as long awaited tax breaks that look set to make formally economically unviable projects possible.

 
 
 

Gulf of Mexico Oil Sheen dissipates

The SuperMajor Shell has reported that an oil sheen discovered near two of its platforms in the Gulf of Mexico had dissipated and was “very confident” that its operations had nothing to do with the incident.

 

Aker wins Egyptian well-head contract

Aker Solutions has won a contract from Bapetco to supply surface wellhead equipment for its operations in Egypt’s Western desert.