Monthly Archives: May 2012

Rialto confirms Gazelle sidetrack

May 31, 2012
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Australia’s Rialto Energy has confirmed it will sidetrack its Gazelle-P3 well off the Ivory Coast, in an operation expected to take between 12 and 15 days.

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Carcara continuity confirmed

May 31, 2012
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New data from the Petrobras-operated 4-SPS-86B well in the Carcara prospect in the Santos basin offshore Brazil has confirmed the continuity of the discovery, the company has announced.

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Viking charges into Philippines

May 31, 2012
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London-based private company Viking Energy has made a surprise entrance in the Philippines where it has agreed to finance and develop three small offshore oilfields, one of which was shut down last year due to high water cut.

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Sale of TNK-BP Stake Could Be ‘Defining Transaction’ for Dudley

May 31, 2012
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The potential sale by BP of its half of TNK-BP could leave the ‘Big Five’ oil major vulnerable to takeover.

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Curtain Closing on Canadian Crude

May 31, 2012
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Shell announced plans to expand its oil sands operations in Alberta province by as much as 90,000 bpd and said similar efforts were under way to make the country's western coast a major export hub for liquefied natural gas. The company's chief executive said Canadian regulators need to act quickly or lose out to similar…

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Reports of Nabucco Pipeline’s Death are Exaggerated

May 31, 2012
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The refining director at BP caused a stir last week in Berlin when he was interpreted as saying the full version of the Nabucco natural gas pipeline was no longer an option for the consortium working in the Shah Deniz natural gas field in Azerbaijan. Wire services had reported that his statements meant Nabucco was…

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