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- ENI Buys Tullow North Sea Gas Field
- By Marc Roca and Paolo Biondi LONDON/ROME (Reuters UK) - Italy's Eni ENI will invest 1 billion euros (794 million pounds) in the North Sea Hewett Unit gas fields after boosting its stake there to 89 percent by buying Tullow Oil's 51.69 percent interest for $412...
- News items 2008-06-10
- The North Sea: Improving Possibilities
- This report highlights some of the genuinely positive momentum emerging in the North Sea region that will likely bode well for exploration activity levels over the next two to three years. It is believed that this period will be crucial for the North Sea to retain industry expertise/resources and postpone...
- White papers 2004-09-23
- North Sea Drilling Outlook: Future Looking Brighter?
- The North Sea offshore drilling market has suffered from weakening demand, oversupply of units, and a resultant fall in day rates over the last three years. The analysis presented in this paper suggests that fleet utilization will improve, potentially significantly (15%), in 2004. However, this improvement is a function of...
- White papers 2004-01-08
- Economic Evaluation of Specialist Bit Optimization Engineering in North Sea Exploration Drilling
- This paper uses case histories from twelve exploration wells and one sidetrack from the Norwegian Sector of the North Sea to describe the benefits realized from three operational areas from which cost savings are commonly sought. The increased use of specialist engineering services in the application and optimization of drilling...
- White papers 2003-02-10
- Characteristics of North Sea Oil Reserve Appreciation
- This paper concerns crude oil reserve appreciation in both the UK and Norwegian sectors of the North Sea. It examines the change in reserves attributed to North Sea fields over time, seeking to reveal patterns of reserve appreciation both for individual fields and for groups of fields classified by potentially...
- White papers 2000-12-01
Additional Resources
- Interest Payable on Nexen's 7.35% Subordinated Notes
- Nexen Inc. announces the regular quarterly interest payment on its 7.35% Subordinated Notes due 2043 of US$0.459375 per note, payable August 1, 2008, to note holders of record on July 15, 2008. The notes are listed for trading on the TSX: NXY.PR.U and the NYSE: NXYPRB. Nexen Inc. is an...
- Articles 2008-07-03
- Oil prices hold above 142 dollars ahead of US energy report
- LONDON AFP — Oil prices breached 142 dollars per barrel again on Wednesday, nearing recent record heights, as traders awaited the latest weekly snapshot on energy stockpiles in the United States. New York's main oil contract, light sweet crude for August delivery, jumped 1.06 dollars to 142.03 dollars...
- Articles 2008-07-02
- BP chief blames states, not speculators, for record oil prices
- The oil price touched yet another new high yesterday, serving as a dramatic backdrop for the second meeting of the industry's top figures in two weeks as they desperately look for a solution to a problem that is sending deep reverberations throughout the world economy. Speaking at...
- Articles 2008-07-01
- Blast in Russian Olympic city kills two: report
- MOSCOW AFP — Two people were killed and nine injured Wednesday when a small explosive device went off in the southern Russian resort city of Sochi, host of the 2014 Winter Olympics, the Interfax news agency reported. "From preliminary information, we can say that the blast was due...
- Articles 2008-07-01
- Oil prices rise as OPEC president questions investment flows
- NEW YORK AFP — Oil prices swung back towards record highs on Tuesday after the president of OPEC said there was uncertainty surrounding future investment in energy facilities that could boost crude output. The International Energy Agency IEA meanwhile said that growth in supply would outpace demand until...
- Articles 2008-07-01
- Oil trades near record levels in Asia
- SINGAPORE AFP — World oil traded higher in Asia near record levels on Wednesday after OPEC's president talked of uncertainty surrounding future investment in energy facilities to boost crude output. New York's main oil futures contract, light sweet crude for August delivery, was 1.27 dollars higher at 142.24...
- Articles 2008-07-01
- Oil trades near record levels
- SINGAPORE AFP — World oil traded near record high levels around 142 dollars Wednesday after the president of OPEC talked of uncertainty surrounding future investment in energy facilities that could boost crude output. New York's main oil futures contract, light sweet crude for August delivery, was 1.06 dollars...
- Articles 2008-07-01
- Oil trades higher, above 140 dollars
- SINGAPORE AFP — Oil prices rose again on Tuesday, trading above 140 dollars after a weaker US dollar and world political tensions pushed them to record highs, analysts said. New York's main oil futures contract, light sweet crude for August delivery, traded 55 cents higher at 140.55 dollars...
- Articles 2008-06-30
- Oil prices surge to record heights near $144
- LONDON AFP — Oil prices hit record high points close to 144 dollars per barrel on Monday as the dollar fell further and amid a conference and protests staged in response to soaring crude, analysts said. Brent North Sea crude reached a historic peak of 143.91 dollars a...
- Articles 2008-06-30
- Oil rises above 140 dollars in Asia
- SINGAPORE AFP — Oil prices rose above 140 dollars in Asian trade Tuesday but remained below record highs in a market underpinned by continued Middle East tension and a weak US currency, analysts said. New York's main oil futures contract, light sweet crude for August delivery, was up...
- Articles 2008-06-30
- Citilog's Real Time Automatic Incident Detection System Has Been Deployed for Traffic Management at World's Longest Sea-Crossing Hangzhou Bay Bridge
- Citilog and Chinese Partner - Beijing Navigator Technologies - to Provide the Video-based AID System to Monitor Bridge Traffic, Traffic on South and North Links Leading to Bridge HANGZHOU BAY, China -- Citilog, a world leading provider of intelligent real time video monitoring and surveillance solutions for traffic,...
- Articles 2008-06-30
- Leading figures from the oil world gather in Madrid
- MADRID AFP — Leading figures in the oil world gather in Madrid on Monday for one of the industry's biggest events that will focus on the future of the sector at a time of unprecedented crude prices. A week after failing to deflate the price of crude at...
- Articles 2008-06-29
- Oil leaders meet again after Jeddah failure
- MADRID AFP — A week after failing to deflate record oil prices at a summit in Saudi Arabia, the world's biggest crude producers and consumers will get another chance to tackle the problem at a meeting this week. More than 3,000 delegates, including leading corporate and political figures,...
- Articles 2008-06-28
- Honduran, US coast guards seize 4.6 tonnes of cocaine
- TEGUCIGALPA AFP — US and Honduran Coast Guard patrol boats Saturday seized 4.6 tonnes of cocaine stowed aboard a Honduran-flagged vessel in the Caribbean Sea north of Honduras, said the Honduran commander of the maritime raid. The cocaine shipment apparently originated from Colombia and the seizure dealt "a...
- Articles 2008-06-28
- Every time I visit the Arctic, the ice gets thinner
- COMMENT In 1971, as a young graduate student, I was immensely excited to be sailing under the sea ice of the Arctic Ocean in a Navy submarine. In those days she was a diesel submarine, HMS Oracle, accompanying the Navy's nuclear sub, HMS Dreadnought, part-way towards the...
- Articles 2008-06-27
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