Specialist's Corner
Mr Slim Temimi "The Environmentally Friendly Water Based Drilling Fluid That Drills Like an Oil Based Fluid & reduce your drilling time by 20%" read
Oil Field Magazine
OMV AG and OAO Gazprom signed a cooperation agreement to construct the Austrian section of the South Stream natural gas pipeline between the Austrian-Hungarian border and the Baumgarten gas distribution hub.
First oil was extracted at the Yu. Korchagin field in the Russian offshore of the Caspian Sea.
Petrobras announced that its wholly-owned subsidiary Petrobras International Braspetro BV (PIB-BV) signed an agreement with the Government of Portugal for hydrocarbon exploration in deep waters in the Alentejo Basin, in Portugal.
Abu Dhabi Gas Development Co. Ltd. awarded a $1.5 billion engineering, procurement, construction, and precommissioning contract to Samsung Engineering, Seoul, for the gas complex in the 1-bcfd Shah sour-gas development about 112 miles southwest of Abu Dhabi. Completion targets August 2013.
Japanese shipping line Kawasaki Kisen Kaisha Ltd. (K-Line), on behalf of Flex LNG Ltd., plans to launch the world's first floating LNG (FLNG) production platform in 2014 for Thailand’s state-owned PTT Exploration & Production PCL (PTTEP).
BG Group today announced that it has signed a Sale and Purchase Agreement with Electricity First Limited, a wholly owned subsidiary of Cheung Kong Infrastructure Holdings Limited, for the sale of its 50% interest in Seabank Power Limited for a total consideration of
£211.7 million (approximately $320 million).
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