Fuel For Thought - 25 May 2011

Weekly Newsletter - 25 May 2011 FUEL FOR THOUGHT Williams to build Tubular Bells FPS Tulsa, Oklahoma-based Williams Partners has received a letter of award from Hess Corporation to provide production handling services at the deepwater Gulf of Mexico Tubular Bells development. Guará pilot plans move ahead Modec, Mitsui & Co and Mitsubishi Corp will all invest in building an FPSO for Guará BV, and the FPSO will be used for the Guará pilot in the pre-salt Santos Basin block. Energy News, Careers, Analysis & Technology - 24 / 7 / 365 Oil find at Finucane South Santos and partners increase their Carnarvon Basin inventory with an oil find at the Finucane South discovery. BHI to supply Big Foot pumps Baker Hughes will supply electrical submersible pumping systems, production packers and mud line packers for Chevron's Big Foot project in the deepwater Gulf of Mexico. Prelude to a development Shell officially sanctioned the Prelude floating LNG development offshore Australia, setting the stage for the first FLNG development and the world's largest floating offshore facility. BP, MOEX settle Macondo claims Mitsui subsidiary MOEX has agreed to pay BP $1.065 billion to settle all claims related to the Macondo disaster. Woodside scores with Xeres-1 The Xeres-1 well near the Pluto-1 discovery in the Carnarvon Basin offshore Western Australia has intersected gas. AGC lands Gorgon contract Chevron Australia has awarded AusGroup subsidiary AGC Industries a fabrication contract to manufacture pipe spools for the Gorgon project. Cairn outlines Greenland plans Cairn anticipates drilling up to four exploration wells and acquiring up to 4500km2 of 3D seismic in the 2011 season offshore Greenland. Another B Class rig on order Dynamic Offshore Drilling subsidiary Vision Drilling has awarded Keppel FELS a contract to build a KFELS B Class jackup for US$180 million. GG details Valemon contract Grenland Group has contracted with Korea's Samsung Heavy Industries to provide detailed engineering and fabrication for the topsides on Statoil's Valemon platform. Haidach storage facility expansion complete The EUR300 million Phase 2 of the largest underground gas storage facility in Austria was commissioned on 19 May 2011. 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: Sales Representative Selling of print and digital advertisement space to the energy and renewable sectors. Land Rig Inspectors On-site visual inspection of all eight Coastal rigs currently operating... 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 With final commissioning on the Norwegian test well due to start in mid July, Expro is slated to present AX-S system test on a subsea well at Deepwater Intervention Forum in August. AX-S marks a step change in the well flow management of subsea wells. It is about remote wireline intervention in deepwater wells. It provides a safer, deeper and more cost effective alternative to using a rig or conventional wire through-water intervention system. 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 is pleased to announce that Halliburton is the Silver Sponsor for the event. The commitment will include an electronic Audience Response System for delegates to utilize and capture real-time survey data during the sessions. Read more Emerging FPSO Forum - "On the Horizon" 20-22 September 2011 - Galveston, Texas www.emergingfpso.com The Emerging FPSO Forum welcomes the addition of ATP Oil & Gas to the program. The company will present on the Cheviot Field Development using the Octabuoy, a drilling and production semisubmersible unit which will accommodate storage for the North Sea and then will be relocated w/out storage to the GOM after a number of years. 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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