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Exploration

Northern Petroleum confirms oil at Markwells Wood-I

Northern Petroleum Plc, has announced that the entire Great Oolite drilled reservoir sequence in Markwells Wood-I is oil bearing above the Horndean field oil water contact of 4446 ft sub-sea level.

 
 

New safety classification systems

Fridtjof Schucht and Stephen Harrison, Linde Gases, Germany, discuss the harmonised system of classification and labelling of chemicals.

 
 

New gas and condensate discovery in the UK

Total has announced that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf

 
 

Aker Solutions’ businesses transferred to Jacobs

Aker Solutions has entered into a share purchase agreement (SPA) whereby it has agreed to transfer operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs).

 

IHS Herold Review shows positive results for services sector

A special IHS Herold Review on the oilfield services sector issued this month indicates a healthier growth outlook for the industry in 2011, despite being hard hit by the Gulf of Mexico (Gulf) drilling moratorium in 2010.

 

Transforming the cleanup process after oil disasters

Oil accidents have prompted Danish industries and research to cooperate on new groundbreaking sonar technology. For the first time ever it will be possible to get a detailed picture of oil in the water column and on the seafloor.

 

First Oil in Ghana

Tullow Oil and its Jubilee partners are celebrating First Oil from the Jubilee field today. The first shipment is expected to be exported in January 2011.

 
 
 

Chevron announces US$ 26 billion capital and exploratory budget for 2011

Chevron Corporation has announced a US$ 26 billion capital and exploratory spending programme for 2011. Approximately 85% of the 2011 spending programme is for upstream oil and gas exploration and production projects worldwide. Another 10% is associated with the company's downstream businesses.

 

RWE Dea Norge discovers oil offshore Norway

The series of exploration successes for RWE Dea in Norway continues. Having already made a major gas discovery in the Zidane licence area in mid-September, the semisubmersible drilling rig Bredford Dolphin just made another discovery in the Titan prospect (PL 420), with a promising oil discovery.