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Posts on ‘September 2nd, 2006’

Petroleum News: Blackbeard casts doubt on ultra-deep (world’s most closely watched exploration well)

EXTRACT: Shell is believed to be the first major oil company to drill below 25,000 feet on the Gulf’s continental shelf, an arbitrary line that separates deep from the ultra-deep. The Shark well, drilled to a depth of around 26,000 feet, turned out to be a dry hole. THE ARTICLE Wildcat hits higher than expected […]

The Wall Street Journal: BP Prepares to Move Beyond Browne

Before Passing the Reins, Chief Needs to Tighten Grip To Restore Stock’s Premium September 2, 2006; Page B14 Lord Browne of Madingley is near the end of his time at the helm of BP PLC. During the past 11 years, he has certainly turned the former British government-owned oil company into a giant. Along the […]

The Wall Street Journal: Oil News Roundup: September 1, 2006 4:59 p.m.

THE WALL STREET JOURNAL ONLINE September 1, 2006 4:59 p.m. Crude oil prices tumbled to nearly $69 a barrel on the New York Mercantile Exchange after widely watched hurricane forecaster Colorado State University again cut its Atlantic storm forecast for the year. Here is Friday’s roundup of oil and energy news. * * * RAID […]

Daily Telegraph: Database: Energy: Saturday 2 September 2006

• BG has found a gas-condensate field in the central region of the North Sea. Shares rose the highest in five weeks. • Fugro, surveyor of deepwater oil fields, agreed to buy Rovtech, a UK provider of offshore services using remotely operated vehicles, for €51m (£34m). • US regulators have proposed closing a gap that […]

Business News Americas: Shell hires ENSR to help in licensing process – Brazil

Published: Sep 01, 2006 (BNamericas.com) – Anglo-Dutch oil company Shell (NYSE: RDS-B) has awarded a US$4mn, three-year contract to US environmental services company ENSR to license its offshore operations in Brazil, ENSR said in a statement. ENSR will help shell obtain the necessary licenses and permits for its operations in Brazil, the statement said. Shell […]

Financial Post (Canada): Western to join with Chevron on Ells project: ‘A key stepping stone’

Published: Sep 02, 2006 CALGARY – Western Oil Sands Inc. said it will partner with Chevron Corp. in the Ells River oilsands project. The company, already a partner with the San Ramon, Calif.-based multinational in the Athabasca Oil Sands Project led by Shell Canada Ltd., said it has exercised its option to participate to at […]

Oilonline: EV Offshore inspects five wells for Shell on Corrib Gas Field

By: OilOnline Friday, September 01, 2006 EV Offshore has successfully completed a series of downhole inspections for Shell E & P Ireland Ltd on the Corrib Gas Field offshore Ireland. Located approximately 72 kilometres west of the County Mayo coastline in water depths of 350 metres (1,150 feet), the 237 million year-old reservoir lies 3,300 […]