Daily Archives: November 10, 2011
Sabrina Fang | 202.682.8114 | firstname.lastname@example.org
WASHINGTON, November 10, 2011 – The American Petroleum Institute blasted the White House for delaying the approval of the Keystone XL pipeline, putting an indefinite hold on the creation of 20,000 new jobs next year:
“This decision is deeply disappointing and troubling. Whether it will help the president retain his job is unclear, but it will cost thousands of shovel-ready opportunities for American workers,” said API President and CEO Jack Gerard. “There is no real issue about the environment that requires further investigation, as the president’s own State Department has recently concluded after extensive project reviews that go back more than three years. This is about politics and keeping a radical constituency opposed to any and all oil and gas development in the president’s camp in November 2012.
“Besides creating thousands of jobs almost immediately for Americans, this project would also have helped strengthen our energy partnership with Canada and helped reduce America’s reliance on oil from less stable sources,” he said.
A recent poll found that nearly 80 percent of Americans favor more oil from Canada, already our number one supplier of foreign oil, according to API.
The Keystone XL pipeline has the support of organized labor, business, mayors and veterans groups from across the country as well as many members of Congress from both sides of the aisle.
API represents more than 480 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America’s energy, supports 9.2 million U.S. jobs and 7.7 percent of the U.S. economy, delivers more than $86 million a day in revenue to our government, and, since 2000, has invested more than $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
Willbros Group, Inc. announced today that a unit of its Upstream segment, The Oman Construction Company, L.L.C. (TOCO), has been selected to provide general maintenance services for the Oman LNG Qalhat site complex in Sur, Oman.
The five year contract includes an option for three additional years and includes mechanical, electrical, instrumentation, civil, scaffolding, insulation and painting services.
Randy Harl, President and CEO of Willbros commented, “We are pleased to continue this assignment, which TOCO has performed for over 10 years, and are privileged to again be selected. This is a testimony to the quality of our team in Oman and the strong relationship, built on solid performance, we have developed with our client. We look forward to working with Oman LNG for many more years.”
- USA: Total Close to Sign Sabine Pass LNG Deal (mb50.wordpress.com)
- Lithuania: Cheniere Eyes LNG Exports by 2015 (mb50.wordpress.com)
- InterOil, Pacific LNG sign supply deal with Noble Clean Fuels (mb50.wordpress.com)
- GDF Suez Sees Strong China LNG Demand (mb50.wordpress.com)
Tap Oil Limited (“Tap”) provides the following information on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island. The well will be drilled in water depth of 16m by the jack-up rig Ensco 104.
The well will test a stratigraphic oil play in the lower Cretaceous Barrow Group. The primary target is expected to be intersected at approximately 1,200m. Hannah-1 is expected, on a trouble free basis, to take 10 days to reach a final total depth of 1,368m.
The Hannah-1 well commenced at 05:30 today AWST, 10 November 2011.
The Hannah-1 well will be drilled in 311mm (12¼”) hole to 625m where casing will be set before resuming drilling to final total depth.
TP/8 Joint Venture Participants
Apache Northwest Pty Ltd 68.5000%
Kufpec Australia Pty Ltd 19.2771%
Tap (Harriet) Pty Ltd 12.2229%
- Lundin Petroleum Spuds Exploration Well Offshore Congo (mb50.wordpress.com)
- Australia: Tap Oil Gets Several Enquiries for Zola Stake (mb50.wordpress.com)
- Australia: Tap Oil Selling Zola Stake (mb50.wordpress.com)
- North Falkland Basin: Rockhopper Spuds 8th Well on Sea Lion, (Offshore Falklands) (mb50.wordpress.com)
The Ministry for the Environment, Energy and Climate Change announced a special preparatory research project to be awarded to the Greek state-owned Institute for Geology and Mineral Exploration (IGME), in order to explore potential shale gas reserves in the territory. More specifically, the Deputy Minister Ioannis Maniatis revealed in a press conference that after a series of preliminary examinations by a scientific committee on the issue, the decision was taken based on similar initiatives by other European countries.
Moreover, the Greek Ministry released a report examining best practices in other countries and concluding that the present day technology can be of use regarding the potential Greek reserves. Special note was highlighted in the examples of Poland, France and Bulgaria. Moreover it was made known that in the near future Greece may join the Shale Gas Resource initiative.
Furthermore Maniatis noted to the press “The research regarding shale gas is an integral part of the national strategy for energy that focuses on the use of gas either of a conventional or unconventional nature”. Moreover he added that ” The prospects for shale gas worldwide are impressive, since in the year 2000 just 1% of the global production of natural gas came from that source, whilst nowadays that figure has multiplied, and for that reason and for the purpose of Greek energy security the Ministry will proceed if adequate reserves exist in Greece, keeping in mind the present optimistic data”.
IGME, responsible for state-directed geological research in the country and the outlook for the shale gas, will survey for a three-month period beginning in early 2012, before any initial findings are announced. Further, it is possible that the research will be funded by EU structural capital and will also involve the cooperation its Bulgarian counterparts who are already researching in their own country.
- Potential Shale plays in World (nextbigfuture.com)
- Natural gas shale play development now going global (mb50.wordpress.com)