Fuel For Thought - 18 May 2011

Weekly Newsletter - 18 May 2011 FUEL FOR THOUGHT Samsung lands Valemon topsides job Samsung Heavy Industries has been awarded a contract to build the topsides for Statoil's Valemon platform on the Norwegian continental shelf. L&T wins GSPC work Larsen & Toubro will construct an offshore processing platform with living quarters for the Gujarat State Petroleum Corporation. Energy News, Careers, Analysis & Technology - 24 / 7 / 365 OGX declares gas fields commercial OGX has declared its onshore Califórnia and Fazenda São José fields in the Parnaíba Basin of Brazil commercial. Report: 1Q M&A value up 69% The value of large US oil & gas mergers and acquisitions in 1Q 2011 increased nearly 70% over the same period in 2010, according to a report released 17 May 2011. Keppel gets Standard order Standard Drilling has ordered four KFELS B class jackups from Keppel FELS in an order valued at US$772 million. Majors unite for blowout prevention Nine major oil & gas companies have launched a project designed to improve the industry's ability to respond internationally to a subsea well control event. Rowan divests LeTourneau in Joy Global deal Rowan Companies has agreed to sell all its shares in manufacturing subsidiary LeTourneau Technologies to Joy Global. Petrobras hires two drillships Petrobras awarded Greece-based DryShips $1.1 billion in contracts for the Ocean Rig Corcovado and Ocean Rig Mykonos to drill offshore Brazil. Technip snags Hibernia work Technip won the contract to handle engineering, procurement, construction and installation services of a flowline and an umbilical for the Hibernia South extension project offshore Newfoundland and Labrador. Statoil fast-tracks Hyme Statoil has submitted a fast-track development plan for the Hyme field in the Norwegain Sea to the Norwegian Ministry of Petroleum and Energy. Total finds gas in Andean foothills Total found success in Bolivia with an exploration well on the Aquio block in the Andean foothills. Salvador success for OGX OGX identified a 330m hydrocarbon column with its well at Salvador, offshore Brazil in the shallow waters of the Santos Basin. Energize your career! The OilOnline Energy Career Center is committed to providing you with the best online employment experience within the world of energy. Latest Job Postings: Recruiting Sourcing Specialist ...will perform candidate sourcing and screening to secure viable talent for current and future... Business Development Associate Sales management of a regional territory... Corrosion Engineer ...Develops/prepares corrosion control manuals for different refining process units... Offshore Engineer EVENTS Deepwater Intervention Forum – "The Next Steps, the New Reality" 16-18 August 2011 - Galveston, Texas www.deepwaterintervention.com The Deepwater Intervention 2011 Forum agenda is nearly complete. The technical advisory board has diligently prepared a focused program to discuss Subsea Technologies in line with the theme this year of Next Steps, The New Reality... Shell, Chevron, Marathon, Helix, Hess, Expro and many other industry leaders will present and participate in the intervention discussions. SubWIN, the Subsea Well Intervention Network will once again hold their annual meeting in conjunction with the DIF. Member companies include Exxon, Shell, Chevron, Statoil, Aker, Welltec and Wild Well Control. Read more Drilling & Completing Trouble Zones - "Challenging Problems, Collaborative Solutions" 25-27 October 2011- Galveston, Texas www.drillingtroublezones.com The Drilling & Completing Trouble Zones 2011 Forum has major companies to include Exxon, Shell, Chevron, Halliburton, etc. currently preparing technical presentations to update the audience on New Technologies, Drilling Hazards, HP/HT, Horizontal Drilling issues, and many other Trouble Zones for onshore and subsea. Read more Emerging FPSO Forum – "On the Horizon" 20-22 September 2011 - Galveston, Texas www.emergingfpso.com The Emerging FPSO 2011 Forum is pleased to confirm the participation and presentations that will be offered for discussions from the United States Coast Guard ( USCG) and the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE). With the addition of major companies such as BW Offshore, SBM, Petrobras, ABS, Helix, Modec, Douglas Westwood and many others, the event will be a significant opportunity to discuss the economics and technical aspects of FPSO. Read more Online Registration is now Open. Online Registration is now Open. Online Registration is now Open. DIRECTORIES 2011 Gulf Coast Oil Directory The 2011 Gulf Coast Oil Directory, commonly known as the "bible" to the oilpatch, is your companion to the petroleum industry in the Gulf Coast region. Through various research techniques, this directory is the most complete, up-to-date, and most accurate directory available of companies in this region . . . 2010/11 Houston/Texas Oil Directory The 2010/11 Houston/Texas Oil Directory is your definitive guide to the petroleum industry for the states of Texas and Oklahoma. An up-to-date contact resource of all companies involved in the "Texlahoma" oilpatch. Listings include over 8,000 companies, over 25,000 personnel with titles, and almost 15,000 email addresses.

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