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Enron Mail |
=09=09=09[IMAGE]=09=09=09 =09Tuesday February 5, 2002=09iOTC =09=09=09=09 =09=09=09[IMAGE]=09=09=09 =09=09=09[IMAGE]=09=09=09 [IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09=09=09 [IMAGE]=09=09home | news | search | maps | data | jobs | = market | store =09[IMAGE]=09=09=09 =09=09=09[IMAGE]=09=09=09 [IMAGE]=09=09 [IMAGE] [IMAGE] In This Issue [IMAGE] [IMAGE]= [IMAGE] Current Oil and Gas Industry News T! op Stories for the Pas= t 7 Days Featured Events and Conferences What's in Store - Books & More = Featured Employment Opportunities Surplus Oilfield Equipment For Sale Worl= dwide Offshore Rig Utilization Oil & Gas Prices [IMAGE] [IMAGE] = Industry Headlines [IMAGE] [IMAGE] Kuwaiti Oil Minister Offers t= o Step Down Kuwaiti members of parliament have called for the resignation = of the entire government following last week's explosion at an oil plant wh= ere four workers were killed and sixteen were injured. Kvaerner and Aker F= orm Shipbuilding Company Kvaerner and Aker RGI will establish a jointly ow= ned shipbuilding management company.! Together, the two groups own 12 shipy= ards in Europe, and one in the USA and Brazil. [IMAGE] [IMAGE] advert= isement Welcome to the world of Thuraya, where communication knows no boun= daries. Thuraya provides mobile satellite telephony to 99 countries through= out Europe, North and Central Africa, the Middle East, Central Asia and the= Indian Sub-continent. With a combination of cellular and satellite phone c= apabilities bolstered by GPS and data features, Thuraya provides the total = communications solution you've been looking for. Click for more... = Exploration [IMAGE] [IMAGE] [IMAGE] ONGC Not In Management T= alks with BG ONGC said on Monday it was not in talks with BG Group or any= other firm to help it operate three oil and gas fields in which Enron is s= elling its 30 percent stake. Woodside Increases Reserves with Enfield Well= Successful testing of the Enfield 4 appraisal well has raised expectatio= ns of a major new development in Woodside Energy's WA-271-P permit off the = west coast of Western Australia. West Navion Experiences More Delays Oper= ations on the drill ship, West Navion, offshore Canada continues to be susp= ended, due to repair work on the main sheaves in the RamRig derrick. [IM= AGE] [IMAGE] Production [IMAGE] [IMAGE] [IMAGE] Pr! = oduction From Okono Field Starts in Record Time Eni started production in = record time at the Okono field offshore Nigeria. Maritimes Files for Expan= sion of Nova Scotia Pipeline System The $250 million expansion project, de= signated Phase IV, will allow Maritimes to nearly double its capacity to tr= ansport natural gas from offshore Nova Scotia to markets in the northeaster= n United States. [IMAGE] [IMAGE] Company & Financial News [IMAGE= ] [IMAGE] [IMAGE] Novus Increases Stake in Padre Island Project = Novus Petroleum Ltd has increased its equity level in the Padre Island Proj= ect, Texas, from a 30% to a 40% working interest. Cabot Oil & Gas Announce= s Management Change C! abot Oil & Gas Corporation announced that Thomas S.= Liberatore has been appointed to the position of Regional Manager, East. = Torch Rig Services Acquires Grayson Services Torch Rig Services Company ha= s acquired Grayson Services, a provider of heavy equipment for well service= , plugging and abandonment operations. [IMAGE] [IMAGE] advertisement = Mark your calender! On Wednesday, February 6th, access to Rigzone's pre= mium Gulf of Mexico Drilling Permit and Plans database will be open to all = rigzone members and website visitors. Additionally, HR managers and Indust= ry recruiters will have unlimited free access to the Rigzone Career Center.= Take a test drive, we think you will like what you find. Last 7= Days Top Stories [IMAGE] [IMAGE] [IMAGE] BP Could Cut Jobs in th= e North Sea BP is considering cutting some of its 3,600 Aberdeen-based wor= kforce in a bid to control rising costs. Anadarko Plans to Spend $2 Billio= n in 2002 Anadarko Petroleum Corporation said that its board of directors = has approved an initial capital spending budget of $2 billion for 2002 this= is down from the $3.3 billion approved for 2001. AEC and PanCanadian Conf= irms Merger Plans Alberta Energy Company and PanCanadian join forces in a = "merger of equals" that will create one of North America's largest independ= ent energy companies. Technip Coflexip Lands Brunei Development Project T= echnip-Coflexip has recently been awarded a contract by Brunei Shell Petrol= eum Co. for its Egret Phase 1 Ga! s Development Project, offshore Brunei. = OPEC Expects To Increase Market Domination OPEC's oil production and its d= omination of the oil market are expected to increase gradually over the nex= t two decades, with the group's output rising to more than 50% of global oi= l demand by 2020, a recent OPEC study says. Amerada Hess Hits Offshore Equ= atorial Guinea Amerada Hess Corporation reported that it has made another = significant oil discovery offshore Equatorial Guinea in the Rio Muni Basin.= Woodside Hits with Enfield-4 Appraisal Well Woodside Petroleum Ltd said= its Enfield-4 appraisal well offshore Western Australia had found oil. Pe= tro-Canada Acquires Veba Assets Petro-Canada announ! ced that it has agree= d to acquire the international oil and gas operations of Veba Oil & Gas Gmb= h from Veba and BP p.l.c. for a price of Cdn $3.2 billion in cash. Honeyw= ell Lands Belanak Contract Honeywell Industry Solutions has been selected = as the automation supplier for the Belanak oil field development project in= Indonesia. Venezuelan Field Falls Short of Expectations The consortium = operating Venezuela's LL-652 field large fourth-quarter write-downs as the = block continues to fall short of expectations. McMoRan Successful at Mound= Point #2 Well This well confirms McMoRan's exploration concept for the Mo= und Point area which is one of the largest geologic structures in the shall= ow waters offshore Louisiana. Gulf Marine Wins Matterhorn TLP Topsides Pro= ject Technip-Coflexip Group announced that Atlantia Offshore Limited has a= warded Gulf Marine Fabricators a fabrication contract for the Matterhorn dr= y-tree TLP topsides facility and foundation piles. [IMAGE] [IMAGE] = Upcoming Oil & Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Feb= . 6 Torch Mid-Winter Energy Conference New York Feb. 7 Marine Cons= truction 2002 Houston Feb. 10 2002 SPE International Petroleum Conferenc= e & Exhibition in Mexico Villahermosa Feb. 26 2002 IADC/SPE Drilling C= onference and Exhibition Dallas Feb. 26 Offshore Oil and Gas Safety Se= minars Aberdeen Feb. 27 Human Resources in Oil! & Gas Aberdeen Mar. 10= AAPG Annual Meeting Houston Mar. 17 Oil Field Chemistry Symposium -= 13th International Geilo Mar. 20 LNG North America Houston Apr. 9 = 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition Houston list your= conference view upcoming events [IMAGE] [IMAGE] =09[IMAGE]=09 [IM= AGE] [IMAGE] Click here to go to Baker Hughes AADE Global Completion Ser= vice HoverDril Ocean International [IMAGE] [IMAGE] promote your com= pany [IMAGE] [IMAGE] [IMAGE] Mobile Drilling Units of the World CD-R= OM [IMAGE] [IMAGE] D & D Standard Oil Abbreviator, 4th Edition [IMAGE] [= IMAGE] Rotary Rig Safety Inspection Checklist [IMAGE] [IMAGE] [IMAGE] = more products [IMAGE][IMAGE][IMAGE]featured equipment: Derrick Shale Sh= aker [IMAGE] ! National 110 M [IMAGE] [IMAGE] [IMAGE] more equipm= ent [IMAGE] [IMAGE] featured jobs: - Completion Specialist - Proje= ct Mgr. - Drilling Engineer - Pipeline Engineer more hot jobs << featu= red candidates: - Coil Tubing Drilling - Production Supervisor Offshore O= il & Gas - Cost Control Specialist search for candidates << [IMAGE] = [IMAGE] [IMAGE] [IMAGE] Drillships: To 5000': 50.0% (7/14) +5000':= 96.0% (24/25) Semisubs: 2nd Gen: 69.9! (51/73) 3rd Gen: 86.0% (43= /50) 4th Gen: 97.4% (37/38) 5th Gen: 100.0% (7/7) Jackups: To 200': = 53.7% (36/67) 200' MC: 58.3% (14/24) 200' MS: 14.3% (3/21) 300' IC: = 88.5% (85/96) +300' IC: 92.6% (50/54) Severe Env.: 90.5% (19/21) [IMA= GE] [IMAGE] view complete utilization report [IMAGE] [IMAGE] Ligh= t Cru! de Oil: $19.89/BBL (-2.40%) Brent Crude Oil: $19.80/BBL (-0.90%)= Natural Gas: $2.10/MMBtu (-1.41%) Unleaded Gasoline: $0.58/gal (-3.33%= ) prices from: 2/4/2002 change since: 2/1/2002 [IMAGE] [IMAGE] =09[I= MAGE]=09 [IMAGE][IMAGE] Promotional Opportunities Become a Sponsor, feature your job opening or, a= dvertise your upcoming industry conference. Click here for more informat= ion, send your press release to info@rigzone.com or call us at 281-345-40= 40. Member Services If you no longer wish to receive this newsletter, you= may unsubscribe by clicking here or by logging in to Rigzone and updating= your profile. You can also change the format you receive (HTML or Text) = and your email address by logging in and updating your account. Click her= e to log in . =09 [IMAGE]
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