News / International
J. Ray delivers Qatargas platform
Qatargas has taken a major step towards completing work for its Qatargas 3 and Qatargas 4 ventures with the 'Mechanical Acceptance' and handover of the first of three offshore gas production platforms, known as 'QW8', from contractor, J. Ray McDermott (JRM). Aker Solutions completes Gjoa platform for the North Sea
The semi-submersible platform by Aker Solutions for the Gjøa oil and gas field offshore Norway, started on its journey from the yard at Stord to the North Sea, where installation will take place. Production start-up is scheduled for the fourth quarter of 2010. OPEC: Supply not to increase
The Organization of Petroleum Exporting Countries said Wednesday it wouldn't need to boost its supply after cutting demand forecasts for its crude and boosting supply estimates for rival producers, despite the impact of a U.S. oil spill. BP shares plunge to 14-year low as doubts grow over dividend
BP’s share price tumbled by 15.8 per cent to a 14-year low in New York trading last night amid mounting concerns about the financial impact of the Gulf of Mexico oil spill. Analysts now believe that it is likely that BP will cut or even suspend its dividend after intense political pressure in the US. UK: OHM awarded North Sea WISE contract
AIM-listed Offshore Hydrocarbon Mapping (OHM), has announced that it has been awarded a CSEM contract, worth in excess of $1 million, in the North Sea, by an existing client, Bridge Energy UK (formerly Silverstone Energy). Update on Gulf of Mexico Oil Spill Response
BP provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. DNO: increase in Yaalen flow
The second test in Yaalen-3 flowed 2,650 barrels of oil per day (bopd). As the first test flowed 1.400 bopd, the aggregated flow rate from the two tests is 4,050 bopd. Enefit signs oil shale concession agreement with Jordan
CRA International, a worldwide leader in providing management, economic, and financial consulting services, announced that the Company advised the government of Jordan in the structuring and negotiation of an oil shale concession agreement that will allow Enefit, an affiliate of Eesti Energia AS, to explore and develop oil shale resources in Jordan. 
