Subject: New Oil and Gas Projects For October ‘07
New oil and gas projects are reported monthly to Cartridge Filters: World Market http://www.mcilvainecompany.com//brochures/water.html#nO24 subscribers. Here are the project titles for the month of October ’07.
Oil and Gas Updates October 2007
INDUSTRY ANALYSIS
OVERVIEW
Rig Industry in Midst of a Golden Era
1. AMERICAS
U.S.
Alyeska Pipeline Service Trying to Correct Vibration at Pump Station
Feds, Meridian Reach Settlement over Louisiana Oil Spills
Kinder-Morgan Shuts Down Wyoming-Illinois Oil Pipeline
Spectra Energy Holds Binding Open Season for Northern Bridge Project
Apache Corp. in Pact with EV Energy to Explore For Oil, Gas In Texas
Drilling to Commence on the Trinity Sands Project
Crosstex Energy to Invest $80 Mln to Construct Barnett Shale Gas Line
Heartland Oil and Gas Corp. Negotiates For Pipeline Extension in its Cherokee Basin Coalbed Methane Field
Quipo Oil & Gas to Acquire 8 Rigs for $140 Mln
Rig Owners Leaving Gulf for Longer-Term Deals and Better Economic Environs
GlobalSantaFe Orders New Ultra-Deepwater Drillship with Construction Costs at $270 Mln
Energy Companies Improving Security as Thieves Target North Texas Rigs
Foothills Resources, Inc. Updates Drilling Plans on California and Texas Properties
Key Energy Enters Agreement to Acquire the Moncla Companies and Acquired
CB&I Buys Lummus Global for $950 Mln
Some Offshore Production Shuts Down Ahead of Storm
Sun Cal Announces Acquisition of Oil and Gas Production Assets with Potential Value in Excess $100 Mln
Hyperion Looks to Refinery Project and Selling Oil, Gas Rigs
BLM’s Utah Wilderness Quality Study Heats up Debate on Land Use, Energy Development
U.S. / UNITED ARAB EMIRATES
Chicago Bridge & Iron Receives Three Contracts Valued at More Than $140 Million
CANADA
Alberta's “Runaway Train” Oilsands Dilemma Foreshadows Clash Ahead
Petro-Canada Ups Stake in Fort Hills Project
High Dollar a Cash Drain on Canada’s Oilpatch
Abu Dhabi National to Buy Canada’s PrimeWest for C$5 Bln
NEWFOUNDLAND
Newfoundland to Take 10 Pct Stake in New Offshore Oil, Gas Projects
BRAZIL
Siemens Awarded Two Major Orders for Oil and Gas Industry in Brazil
BRAZIL / VENEZUELA
Brazil, Venezuela to Speed Up On Oil Ventures, Gas Pipeline
MEXICO
Mexico Pipeline Blasts Force Factory Closures
PERU
Lima Refinery to be Linked to Sunrise Oil Sands Project
VENEZUELA
Chavez Given Credit for Boosting Role of Gas in Energy Equation
2. ASIA
CHINA
PetroChina Hopes to Find more Oil at Jidong Nanpu
China Opens Gas Door to Foreigners
INDIA
ONGC to Explore Hydrocarbons in Bihar
Joint Venture between GAIL and BPCL to Lay Gas Distribution Pipeline
Quipo Oil & Gas to Acquire 8 Rigs for $140 Mln
China’s CNPC Eyes Oil Rigs in India
Reliance Industries finds Oil in Krishna Basin
INDONESIA
Leading Players to Join Indonesia Oil and Gas Auction in October
MYANMAR
OVL wins Three Exploration Blocks in Myanmar
NEW GUINEA
Chinese Oil Company Eyeing New Guinea’s Oil Search Ltd.
NEW ZEALAND
Taranaki’s Kupe Gas Field Costs Skyrocket 10 Percent
VIETNAM
The Making of PetroVietnam, Vietnam's Oil Giant
3. EUROPE / AFRICA / MIDDLE EAST
EUROPE
EU Tries to Turn 'Energy Weapon' against Gazprom
GERMANY
Vopak Awards Hamburg Tank Terminal Relocation Contract to Jacob Engineering
NORWAY
Expansion Likely on Norway-Denmark Gas Pipeline
GE Oil & Gas Technology to Help Extend Production Life at Statfjord
Technip Awarded Contract by Statoil for Gjøa Infield Pipelines in Norway
Petroleum Directorate Announces 35 Bln to 210 Bln cu ft, Oil, Natural Gas Finds off Norway
Norway Maintains Oil/Gas Resource Estimates on Continental Shelf
Aker Kvaerner Wins $47 mln Contract with Statoil
ROMANIA
ABB to Supply $4.9 Mln Terminal Automation System in Romania
SPAIN
Enagas to Build Galicia-to-Madrid Gas Pipeline
LITHUANIA
Transneft Has No Plans to Fund Repair of Druzhba in Lithuania
ETHIOPIA
Petronas Pays $80 Mln for Ethiopian Gasfields
LIBYA
ONGC Videsh in Fray for Libyan Gas Fields
NIGERIA
World Bank says Nigeria, World’s Biggest Gas Flarer
RUSSIA
Russia to Launch National Oil and Gas Exploration Company
Russia will not Cut Oil and Gas Production, Putin Says
UKRAINE
Czech Company KKCG to Invest $330 Mln in Ukraine, Get Share in Gas Mining
TURKMENISTAN / AZERBAIJAN
Gas Discussions in Turkmenistan, Azerbaijan after Conference
UZBEKISTAN
Daewoo Int’l Expands Resources Biz in Uzbekistan
BAHRAIN
Noga Gears up to Receive Final Oil Exploration Bids
Bahrain Eyes Foreign Oil, Gas Investments
IRAN
Blast Halts Iranian Gas Flow to Turkey
Iran’s Aggressive Natural Gas Expansion Plans
IRAQ
Baghdad Ready to Provide Incentives to Russian Oil, Gas Companies
Iraq and Russia in Oil-for-Debt Talks
ISRAEL
Zion Oil & Gas Signs Seismic Acquisition Agreement for Asher-Menashe License Area
OMAN
BP to Award Four Contracts on $750 Mln Oman Program
OMAN / U.S.
Graham Wins $3.7 Mln Surface Condenser Orders for Oman, Texas Facilities
QATAR
Indian Oil Firms Eye Qatar LPG Pie
For more information on all McIlvaine services, click on: www.mcilvainecompany.com or call: 847-784-0012.
Bob McIlvaine