Hydrocarbons occupy a vital role in our life and continue to play an important role for many more years to come. We need to follow all technological innovations to continue our productivity standards to achieve our production targets. Let us extend our vision to achieve this mission.

Sunday, April 3, 2011

OIL GAS APRIL UPDATES

Saudi Arabia aims to boost drilling fleet
The National
Rising crude prices and falling OPEC spare capacity have spurred Saudi Arabia to call on oilfield services firms to bolster the kingdom's drilling fleet. Saudi Aramco, the state-owned oil monopoly, met leading services companies in the region last week ...

Drilling rig fire could take days to extinguish
KFDM-TV News
HARDIN COUNTY - From Texas Parks and Wildlife - Authorities estimate it may take 10 days or more to extinguish a natural gas drilling rig fire that started yesterday in the southeastern corner of Village Creek State Park in Hardin County near Lumberton ...

Noble Energy suspends drilling on well near Israel
msnbc.com
AP HOUSTON — Noble Energy Inc. said on Friday that it suspended oil drilling at its Leviathan No. 1 location near Israel, where it had been doing testing. Noble said it found wear on the wellbore casing and needs to bring in additional material and ...

Hundreds welcome flotilla opposed to drilling
New Zealand Herald
Hundreds of people have welcomed a flotilla of yachts into Whangaparaoa Bay in the Bay of Plenty today, which are protesting deep sea oil drilling in the Raukumara Basin off the East Cape. The five yachts were ceremonially welcomed by local iwi, ...

BOEMRE issues eighth permit
The Daily Advertiser
11:00 pm The federal agency tasked with overseeing offshore drilling in the Gulf of Mexico announced Friday that it has approved its eighth permit since mid February. Drilling had been at a standstill in the wake of the Deepwater Horizon's deadly ...
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Exxon Mobil Likely To Start Oil Exploration Off Central Vietnam This Month -Report
NASDAQ
HANOI -(Dow Jones)- Exxon Mobil (XOM) will likely start exploration drilling off central Vietnam coast late this month, state media said Saturday. The company will begin drilling at Block 119 off Danang city, reported the online news provider VnEconomy ...

Chancellor stands firm on North Sea tax grab
Press and Journal
While the UK Government appears prepared to look at tax concessions on a project-by-project basis, the £2billion-a-year increase in tax on the oil and gas industry will stay in place. Ministers are understood to have been shocked by the backlash from ...

£156m boost for driller after refinancing
Aberdeen-based KCA Deutag said yesterday it had about £156million extra to spend on growing the business internationally after a refinancing deal.
A spokeswoman said that the money would help the international drilling and engineering contractor to break into new markets, including Brazil, and increase its presence in areas such as south-east Asia.


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