Exploration

Osum Oil Sands Corp. selects Veolia Water Solutions & Technologies’ produced water treatment for Taiga project at Cold Lake.

The American Petroleum Institute comment on oil and natural gas being the next job and revenue growth area

Rockhopper Exploration has outlined a development plan for its Sea Lion field offshore North Falkland.

“Despite a long-term decline in oil & gas production in the North Sea, its services and support industry has a bright future,” said John Westwood, Chairman of energy business advisors Douglas-Westwood, in Aberdeen this week.

Total has made a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 ft of cumulated net gas pays within high quality sands on the northern flank of a major 270 km2 structure. Reservoirs are expected to extend over the entire northern part of the structure.

The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.

RBG has secured a two year contract extension worth £30 million to provide Apache with fabric extension and deck crew services.

Gulf Keystone has proved the value of the giant Shaikan filed in Northern Iraq after conducting well appraisal tests at its Shaikan-2 well, drilling is also continuing apace at its Shaikan-4 well.

BP EOC’s offices in Moscow were raided by bailiffs as a result of a claim by Andrei Prokhov, a shareholder in TNK-BP. BP have initiated proceedings to cancel the enforcement of the claim as they believe it is totally unjustified.

Andrew Buckland and Giles Farrer, Wood Mackenzie, UK, detail the possibilities afforded by the development of the FLNG concept.

Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.

The second appraisal well drilled by Lundin Petroleum, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 km south of the 16/2-6 discovery well and 4.5 km south-west of the first appraisal well 16/3-4.

Rosneft and ExxonMobil have executed a co-operation agreement which includes a US$ 3.2 billion exploration programme in the Russian Arctic as well as technology sharing and includes an equity swap with ExxonMobil’s US assets.

Nancy Yamaguchi, Contributing Editor, provides an overview of Japan's energy industry in the wake of the recent earthquake.

TWMA has been awarded a contract by Maersk Oil to handle and dispose of subsea structures and equipment damaged during the Gryphon FPSO storm incident earlier this year.