Category Archives: Completion
Baker Hughes: CS-AP Gravel Pack System (video)
Uploaded by BakerHughesInc on Oct 21, 2010
The CS-AP™ is a cake saver — acid placement gravel pack system.
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Offshore News- Fred. Olsen Orders USD 700 mln Rig from Hyundai Heavy (South Korea) May 27, 2012A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for the building of a harsh environment ultra deepwater semi submersible drilling rig with scheduled delivery in March 2015. Total project cost is estimated to USD 700 million (including spare parts, owner furnished equipment [...]Offshore Energy Today
- BHP Billiton Gets More Time to Find Suitable Rig (Philippines) May 25, 2012The Philippines Department of Energy (DOE) has approved BHP Billiton a 12 months extension to the current Exploration Sub-Phase 4 of SC55, located offshore Palawan. The company in April filed a request for an 18 months extension to their contractual deadline to complete drilling of the commitment well from 5th August 2012 to 5th February [...]Offshore Energy Today
- Siemens to Spend USD 1 Billion on Business Expansion in Brazil May 25, 2012Siemens plans to expand its presence in the important growth market Brazil – setting the course for sustainable long-term growth in the country. The company intends to invest up to 1$ billion over the next five years with the aim of strengthening and expanding its business in Brazil. Investment will span the entire Siemens portfolio [...]Offshore Energy Today
- No Shutdown Order for ConocoPhillips’ Tor Field, PSA Norway Says May 25, 2012In a letter dated 13 April 2012, the Petroleum Safety Authority Norway (PSA) issued ConocoPhillips a notification of order to shut down all systems that require a functioning depressurisation system on Tor 2/4 E until a depressurisation system that complies with regulatory requirements is in place. Following this, ConocoPhillips has provided new information […]Offshore Energy Today
- BSEE Director Hosts Offshore Energy Safety Forum May 25, 2012On wednesday, May 22, BSEE Director Jim Watson hosted an offshore energy safety forum that brought together federal decision-makers, industry, academia, and other stakeholders to discuss additional steps that BSEE and the industry can take to continue to improve the reliability and safety of blowout preventers (BOPs). During the forum, five separate panels d […]Offshore Energy Today
- USA: Salazar Wants Live Demonstration of MWCC’s Capabilities May 25, 2012As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Secretary of the Interior Ken Salazar yesterday charged the Marine Well Containment Company (MWCC) with [...]Offshore Energy Today
- Craig’s Latest Emergency Response Vessel Launched in Spain May 25, 2012Craig Group celebrates completion of £35million investment programme with launch of Grampian Defiance. The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels […]Offshore Energy Today
- Norway: 2011 Results Will Spur Ulstein’s Further Development, CEO Says May 25, 2012Norway’s Ulstein Group yesterday unveiled its results for the full year 2011. The group had an operating income of NOK 2.1 billion and an operating profit of NOK 254 million. ‘We have competent employees and an organisation that provide for execution and delivery precision. The good collaboration we have with our customers and suppliers, enables [...] […]Offshore Energy Today
- SapuraKencana Gets USD 410 mln Contract Extension from Petronas (Malaysia) May 25, 2012A newly established Malaysian oilfield services provider SapuraKencana has announced that Petronas has exercised its option to extend the contract, originally signed in December 2009, for the transportation and installation of offshore oil and gas facilities, for one year (2013). Back in 2009, TL Offshore Sdn Bhd (“TLO”), a wholly owned subsidiar […]Offshore Energy Today
- Bergen Group Offshore to Deliver Manifolds for Alvheim Field (Norway) May 25, 2012 Offshore Energy Today
- Fred. Olsen Orders USD 700 mln Rig from Hyundai Heavy (South Korea) May 27, 2012
- Subsea News
- UK: Caley Supplies A-Frame Systems for HHI’s New Research Vessel May 25, 2012Offshore handling systems specialist, Caley Ocean Systems has been awarded a contract to supply oceanographic winches and A-frame systems to Hyundai Heavy Industries (HHI) for a new oceanographic... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- UK: Marine Science Park Creates Business Growth Opportunities May 25, 2012Construction of the European Marine Science Park (EMSP) has begun at Dunstaffnage near Oban, which will offer commercial space for businesses at one of the world’s leading sites for marine research... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- USA: BSEE Director Hosts BOP Forum May 25, 2012BSEE Director Jim Watson hosted an offshore energy safety forum that brought together federal decision-makers, industry, academia, and other stakeholders to discuss additional steps that BSEE and the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]Subsea World News
- Spain: Craig Group Launches Final ERRV Grampian Defiance May 25, 2012The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- US Regulators Require Live Drill of MWCC’s Capping Stack May 25, 2012As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]Subsea World News
- UK: Scotrenewables Completes 4 Day Deployment of SR250 May 25, 2012Continuing on from the successful grid connection last month, Scotrenewables Tidal Power Ltd. has forged ahead with their testing plan and have just completed a 4 day deployment of the SR250. Using... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- Norway: Ulstein Reports Solid Income for 2011 May 25, 2012Ulstein Group delivers solid results for 2011. The group had an operating income of NOK 2.1 billion and an operating profit of NOK 254 million. “We have competent employees and an organisation... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- USA: EDS Appoints New Area Operations Manager – Wyoming May 25, 2012Environmental Drilling Solutions, LLC, (EDS), a leader in solids control, cuttings processing and zero discharge services, has named Jason Knowles Area Operations Manager – Wyoming, announced EDS... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]Subsea World News
- Norway: Bergen Group to Deliver Subsea Manifolds for Alvheim Field May 25, 2012Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded an EPC (Engineering, Procurement and Construction) contract by Subsea 7. The EPC-contract includes delivery... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]Subsea World News
- USA: Nuisance Seaweed May Cure Human Diseases, Reveals Scripps Study May 25, 2012A seaweed considered a threat to the healthy growth of coral reefs in Hawaii may possess the ability to produce substances that could one day treat human diseases, a new study led by scientists at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]SubSea World News
- UK: Caley Supplies A-Frame Systems for HHI’s New Research Vessel May 25, 2012
- LNG News
- SCF: LNG Tanker Grand Aniva Completes Bunkering Operation (Russia) May 25, 2012 LNG World News
- Australia: Resources Investment at Record High, BREE Says May 25, 2012 LNG World News
- Indonesia: Pertamina, KUFPEC Sign MOU on O&G Cooperation May 25, 2012 LNG World News
- Trinidad LNG Cargo Heads for Argentina May 25, 2012 LNG World News
- Shell in Talks to Join Shtokman Project, Russia May 25, 2012 LNG World News
- Gas Natural of Spain Extends Time Charter for LNG Tanker Norman Lady May 25, 2012 LNG World News
- Cape Updates on Algeria LNG Project May 25, 2012 LNG World News
- AGA: Customers See Benefits of Gas Abundance (USA) May 25, 2012 LNG World News
- Senator Murkowski Promotes Alaskan LNG Supplies to Japan, Korea May 25, 2012 LNG World News
- FLEX LNG Posts Q1 Results (UK) May 25, 2012 LNG World News
Continents of the World— Featured Product —
- Zero Hedge
- The Incredible Irony Of Morgan Stanley's Facebook Post-Mortem May 27, 2012 Tyler Durden
- Europe Is Fighting the Wrong Battles Again May 27, 2012 Tyler Durden
- Are The Europeans About To Start The Second Half Of Our Great Depression? May 26, 2012 Tyler Durden
- Comparing Track Records: Mitt Romney's Private Equity vs Barack Obama's Public Equity May 26, 2012 Tyler Durden
- "The Euro Is Dead; Long Live The Euro" May 26, 2012By Clive Hale from View from the Bridge "The Euro Is Dead; Long Live The Euro" Despite all the stories of apocalypse now there is a fighting chance that Greece will stay in the eurozone for the time being. This is the real tragedy of course, but unfortunately for all involved there just isn’t the political appetite for “Grexit”. The Germans have do […]Tyler Durden
- Guest Post: Chinese Chaos Is The Immediate Threat To The Dollar May 26, 2012 Tyler Durden
- As An Encore to Bailing Out the Big Banks, Government to Backstop Derivativees Clearinghouses … In the U.S. and Abroad May 26, 2012 George Washington
- The Daily Bell
- As Commandos Raid Tampa, US State Dept Demands Power to Declare War? May 26, 2012It happened again at the recent Tampa-based conference, "Building the Global SOF Partnership" ... The US military staged a mock drill in violation of 130+ years of the Posse ...
- What if Tsipras is Not Bluffing? May 26, 2012What if Tsipras is Not Bluffing? Who Holds the Upper hand? What is Troika's Biggest Fear? Can Greece Possibly Stay in the Eurozone After Default? I have read countless articles ...
- VIDEO: Phony War on Terror Set for Expansion? Right on Schedule, Egypt Considers Islamic Rule ... May 26, 2012In this short video (below) entitled, "Egypt: Election results present a Horrifying Scenario," our predictions about Middle Eastern politics seem to be coming true. Yes, we've ...
- Can Regulators Do the Job of Markets? May 25, 2012The Wall Street Journal has an interesting post today on the struggle of regulators to obtain tools that will allow them to analyze the risks that the market faces. Is there ...
- 100 Million Americans Out of Work - This is a Recovery? May 25, 2012There are 300 million people in America including 230 million-plus adults, according to US Census figures. This article, above, informs us that only 130 million Americans have ...
- VIDEO: AP, Reuters Take Staged Photo of Same Chinese Woman Over Decades May 25, 2012This is a pretty good video from the John Birch Society on photo manipulation of the news. The first part of the video is eye-opening, showing one Chinese woman at May Day demos ...
- Supreme Court Is OK with US$ 675,000 Copyright Fine for 30 Songs May 25, 2012So now Joel Tenenbaum owes US$ 675,000 for downloading 30 songs. One can argue that those who believe they are wronged by Tenenbaum ought to pursue him and others. But let them ...
- Japanese Debt Downgraded by Fitch; No Urgency for Japan (Until Sudden Panic Hits) May 25, 2012With Japan's public debt about to hit 240% of GDP, Fitch Downgrades Japan's Sovereign Rating. The ratings agency Fitch on Tuesday lowered its assessment of Japan's sovereign ...
- Adversity and Excellence May 25, 2012Nobody wants adversity. It is, after all, adverse ' antagonistic to what you want. But adversity is also often what makes us who we are, in the best sense. My first year playing ...
- Super Rompuy to the Rescue? May 24, 2012The EU is like a vast, slow motion car wreck. It's hard to keep your eyes off it. While the outcome is by no means certain, we continually note the yelps for one solution ... to ...
- As Commandos Raid Tampa, US State Dept Demands Power to Declare War? May 26, 2012
- Business Insider
- FINALLY: Some Really Positive Signs That Americans Are Getting Back To Work May 27, 2012 Timothy R. Homan
- JOHN MAULDIN: Meanwhile, The Rest Of The Global Economy Is Going South May 26, 2012 John Mauldin
- How Greece Can Quietly Exit the Euro May 26, 2012 Simon Lack
- An On The Ground Look At The Most Exciting New Market In Asia May 26, 2012 Simon Black
- The Social Media Carnage Has Only Just Begun May 26, 2012 Mercenary Trader
- Here's The End Game That The Fed Is Fighting To Avoid May 26, 2012 Angry Bear Blog
- New Pairs Trade Poll May 26, 2012 Jack H. Barnes
- Speculative Positioning and Technical FX Outlook May 26, 2012 Marc Chandler
- Part 4: A Feverish Whirl of Evil Intentions May 26, 2012 Charles Hugh Smith
- ETF Insider: Is Spain The New Greece? May 26, 2012 ETF Database
- Sovereign Man
- Boots on the ground in Burma May 25, 2012May 25, 2012 Yangon, Burma [Editor's note: Sovereign Man Chief Investment Strategist Tim Staermose is filling in for Simon today from Yangon, Burma.] If you’re sick and tired of all the doom and gloom that pervades the US and Europe, and should your personal circumstances allow, I unreservedly recommend that you hop on a planeTim Staermose
- Why we’re nowhere near the mania phase in precious metals May 24, 2012May 24, 2012 Lake Tahoe, USA Yesterday was my lucky day. While hiking in the middle of nowhere around Lake Tahoe, I literally stumbled onto a 1-ounce US silver eagle coin, 1996 issue. It was just lying there on the ground without a soul in sight. The coin was pretty muddy, but I managedSimon Black
- How to avoid a Soviet-style grocery store May 23, 2012May 23, 2012 Lake Tahoe, USA Let’s face it– our modern consumer society makes things easy… we don’t have to think about, or even know how to ‘do’ ANYTHING, from lawn care to vehicle maintenance to carpentry. While it may be convenient, this level of specialization does breed a certain amount of dependency… and nowher […]Simon Black
- US citizens now one step closer to becoming permanent tax slaves May 22, 2012May 22, 2012 Los Angeles, USA This week, the universally stupid brainchild of US Senators Chuck Schumer and Bob Casey known as the Ex-PATRIOT Act inched a bit closer towards becoming law. ‘Ex-PATRIOT’ is an absurd acronym that stands for “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy”. I call itSimon Black
- How can you have any pudding if you don’t eat your meat? May 21, 2012May 21, 2012 Los Angeles, USA I had the privilege of seeing Roger Waters perform ‘The Wall’ to a live crowd of over 40,000 fans at the LA Coliseum on Saturday night– the second time I’ve seen the show on this tour. It was an amazing production– I wholeheartedly recommend the experienceSimon Black
- Five reasons to think twice before buying Facebook stock May 18, 2012May 18, 2012 Undisclosed location, USA When you think about it, it’s easy to understand why financial markets and media have been so fixated on the Facebook IPO. The creation of so many billionaires and millionaires overnight is certainly cause for good cheer, and given the debacle in Europe coupled with America’sSimon Black
- Regardless of what the propaganda says, this is not how a free society treats people May 17, 2012May 17, 2012 Undisclosed Location, United States I’ve been in the US for a little more than 24-hours. And having flipped through the TV channels trying to figure out what useless drivel big media is passing off as ‘news’, I realized that I’m going to vomit if I hear the word “fair”Simon Black
- The deadline is today May 15, 2012May 15, 2012 Santiago, Chile Over the weekend, I had the privilege of breaking bread with our workers at the farm in celebration of the phenomenal harvest season we’ve had. And a celebration it was– everything from the blueberry harvest in December all the way up to the wine grape harvest that just ended,Simon Black
- A great example of the coming financial repression May 14, 2012May 14, 2012 London, England [Editor's note: Tim Price, frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management in the UK, is filling in for Simon today.] Imagine you are one of two people playing Monopoly. While you follow the rules religiously, the other player, who also happens to be the banker, doesTim Price
- And the ‘dumbest person of the week award’ goes to… May 11, 2012May 11, 2012 Undisclosed location Former US Republican presidential candidate Michelle Bachmann receives the Sovereign Man dumbest person of the week award for obtaining… then almost immediately renouncing… Swiss citizenship. I’ll explain: Bachmann’s husband is a Swiss national; they’ve been married since 1978, and as a result, […]Simon Black
- Boots on the ground in Burma May 25, 2012
- Broker Man Danies
- The Smallcap Oil & Gas round up. May 25, 2012Antrim Energy; Confirmed that all resolutions put to shareholders at Antrim’s Annual General and Special Meeting of Shareholders held on May 24, 2012 were duly passed. The Special resolution to approve a plan of arrangement pursuant to Section 193 of the Business Corporations Act (Alberta) among Antrim, Crown Point Ventures Ltd, and the shareholders of […]Brokermandaniel
- Friday Newspaper round up. May 25, 2012David Cameron will face demands from Tory MPs to redraw Britain’s relationship with Europe in the event of a Greek exit from the Eurozone, senior government sources believe. No 10 and the Foreign and Commonwealth Office say that treaties governing the European Union will have to be rewritten after the departure of one of the 17 members of the single currency […]Brokermandaniel
- Thursday Newspaper round up May 24, 2012No “rational person” would want to see Greece leave the Eurozone, Nick Clegg will say today, warning that Britain will be worse off if the currency starts to break up. Markets tumbled again on Wednesday in reaction to fears that Greece’s exit was being prepared. David Cameron was in Brussels pleading with EU leaders to deal decisively with the Greek debt cri […]Brokermandaniel
- Wednesday Newspaper round up. May 23, 2012The Bank of England should cut interest rates, print more money and ease the regulatory pressure on banks as part of a radical set of measures to return Britain to recovery, the International Monetary Fund has urged. Warning that weak growth was putting the country at risk of permanently high unemployment, the Bretton Woods institution called for swift and c […]Brokermandaniel
- Fictional facts can cloud outlook on small oil companies! May 22, 2012‘Twenty-eight years old, with spiky gelled hair, orange tan and a donkey jacket’. As reported by The Wall Street Journal’s James Herron, this is Spencer Freeman, taken to court last Thursday over rumours he circulated about the oil company Gulf Keystone. Mr Freeman earned the wrath of the oil company for pretending in his Twitter account to […]Brokermandaniel
- Matra Petroleum. Peter Hind May 22, 2012Matra Petroleum the London listed oil and gas company with operations in Russia, announced yesterday that it’s chief executive, Peter Hind has resigned from the Board. Mr Hind’s resignation is effective immediately and comes just a week after Matra’s exploration director Neil Hodgson quit the company. It’s not one I personally agree with. Hind ha […]Brokermandaniel
- Tuesday Newspaper round up. May 22, 2012The Independent. The leading London hedge fund player Blaine Tomlinson was considerably better off yesterday after the firm he founded 21 years ago was bought by Man Group for up to $82.8m (£52.3m). FRM (Financial Risk Management) is a fund of hedge funds business which runs assets worth $8bn. It was started by South African Mr Tomlinson, pictured, in 1991 a […]Brokermandaniel
- Matra Petroleum. Neil Hodgson Jackson Black May 21, 2012 Brokermandaniel
- Monday Newspaper round up May 21, 2012When it comes to contingency planning for a Eurozone break-up, it is typically a German company that has been ahead of the game. Industrial conglomerate Siemens acquired a banking licence in December 2010. That allowed it to access directly European Central Bank funds, so cutting its exposure to swings in jumpy currency markets. It also took to parking cash […]Brokermandaniel
- The Sunday Newspaper round up. May 20, 2012The Sunday Mail. David Cameron and Barack Obama yesterday staged a 35-minute ‘treadmill summit’ side by side at a G8 gathering dominated by the Euro crisis. Their crunch talks came as a group of influential Conservative MPs with close links to the Prime Minister and Chancellor George Osborne unveiled dramatic emergency proposals to be taken in the event of ‘ […]Brokermandaniel
- The Smallcap Oil & Gas round up. May 25, 2012
- RIGZONE News
- Gulf Keystone Spuds Sheikh Adi-2 Well May 25, 2012Gulf Keystone on Friday announced that the Sheikh Adi-2 exploration well spudded on the Sheikh Adi block in the Kurdistan Region of Iraq.
- Tullow Finds More Oil, Gas in Ngamia-1 Well May 25, 2012Tullow Oil on Friday reported that the Ngamia-1 well has encountered oil and gas shows over a gross interval of 459 feet (140 meters) from a depth of 5,905 feet (1,800 meters) to 6,364 feet (1,940 meters).
- EDITORIAL: Russian Arctic Continues To Warm To Exploration May 25, 2012Our view that Rosneft would continue to sign deals resembling those already inked with ExxonMobil and Eni is shaping up nicely.
- CNOOC Strikes Oil at Luda Well May 24, 2012CNOOC Limited has successfully made a new discovery Luda (LD)21-2 in Bohai.
- Faroe Petroleum Spuds First Norwegian Well May 24, 2012The well on the Clapton prospect is the first well operated by Faroe in Norway.
- Eni Makes 'Significant' Discovery in Egypt May 24, 2012Italian oil firm Eni said it made a significant oil discovery in Egyptian Western Desert.
- Providence Confirms Barryroe Productivity Potential May 24, 2012Analysis of test results by Providence Resources on its Barryroe discovery suggest the firm is dealing with a high productivity oil system.
- Anadarko's Spartacus Well in GOM Unsuccessful May 23, 2012An exploration well drilled at Anadarko's Spartacus prospect in the Gulf of Mexico has failed to produced oil and gas.
- Roxi Encounters Oil at Kazakh Well May 23, 2012The preliminary interpretation indicates that Well NK7 encountered oil bearing zones.
- ADX Farms Out Stake in Romania May 23, 2012A farm-in agreement has been executed between ADX and Rohoelaufsuchungsgesellschaft in relation to ADX's Parta license (Parta Permit) in Romania.
- Gulf Keystone Spuds Sheikh Adi-2 Well May 25, 2012
