Posted by Staff Writer
Headlines, Licensing & Concessions, USA & Canada
Tuesday, May 15th, 2012
Statoil announced late on Monday that it has reached an agreement to use Seadrill’s West Aquarius (DW semisub) deepwater drilling rig for Statoil’s 2012-2013 exploration activities offshore Newfoundland, Canada. “We have ambitious exploration targets offshore Newfoundland, and securing rig capacity is essential for reaching those targets,” said Geir Richardsen, head of exploration for Statoil in Canada. [...]
Posted by Staff Writer
Government & Regulations, Headlines, USA & Canada
Wednesday, May 9th, 2012
The Obama administration on Tuesday approved a plan by Anadarko Petroleum Corp. to sink more than 3,500 natural gas wells in eastern Utah, after the company agreed to environmental safeguards that aim to protect the local air and water. Interior Secretary Ken Salazar touted the move as a hallmark of responsible energy development, with local stakeholders, tribal [...]
Posted by Staff Writer
Headlines, USA & Canada
Monday, May 7th, 2012
Chevron Corporation announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (DGD). “Pacific [...]
Posted by Staff Writer
Headlines, Politics & Social Unrest, USA & Canada
Monday, February 20th, 2012
U.S. Secretary of State Hillary Clinton and Mexican Foreign Minister Patricia Espinosa signed an agreement today for development of oil and gas reservoirs that straddle the two nations’ boundaries in the Gulf of Mexico. The agreement is the first of its kind signed by the U.S., establishing a legal framework and creating incentives for U.S. energy [...]
Posted by nogtec
Government & Regulations, Headlines, USA & Canada
Friday, February 17th, 2012
U.S. officials have approved an oil-spill plan for Royal Dutch Shell Plc as the company looks to begin drilling in the Arctic, saying Friday that Shell has demonstrated its ability to respond to potential spills in icy waters despite protests from environmental groups. The approval, granted by the U.S. Interior Department, helps pave the way [...]
Posted by Staff Writer
Headlines, Legal, USA & Canada
Friday, February 10th, 2012
BP Plc won a court order to keep references to some previous accidents out of this month’s trial to assess blame for the 2010 Gulf of Mexico oil spill, the oil company’s second victory in as many days to bar potentially damaging evidence. Thursday’s ruling by U.S. District Judge Carl Barbier in New Orleans followed a [...]
Posted by Staff Writer
Legal, USA & Canada
Tuesday, February 7th, 2012
BP boss Bob Dudley has said he is “willing to settle” the outstanding compensation claims arising from the Gulf of Mexico oil spill in 2010 before they go to court. A civil compensation trial against BP, involving hundreds of individual lawsuits, will begin in New Orleans on February 27. In an interview with Sky News, [...]
Posted by Staff Writer
Headlines, Mergers, Acquisitions & JVs, USA & Canada
Thursday, February 2nd, 2012
PetroChina Co. has signed binding agreements to buy a stake in a Royal Dutch Shell PLC shale gas asset in Canada, marking the latest move by Chinese state-owned companies to expand their Canadian footprint and increase their ability to tap unconventional fossil fuels. Beijing-based PetroChina said it has completed the acquisition of a 20% stake [...]
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