Noreco Gets Green Light to Drill in North Sea
Noreco has received approval from Norway’s Petroleum Safety Authority to use the West Alpha semisub to drill an exploration well in PL545.
Archive for the ‘RigZone’
Commodity Corner: Crude Falls on European Concerns
October oil futures fell Tuesday as speculation rose that Europe’s debt crisis may worsen.
2010 Anticosti Drilling Program Completed
Petrolia reported that the 2010 oil exploration program on Anticosti Island has been completed and that preparations are being made to remove the drilling and related equipment from the island commencing this week.
Nido Begins Remediation Program at Tindalo Well
Nido advised that the Tindalo-1 well intervention and remediation program has commenced.
O&G UK Regulatory Rigor in Evidence to ECC Committee Inquiry
Malcolm Webb, Oil & Gas UK’s chief executive, gave oral evidence at the Energy and Climate Change Committee’s session as part of its inquiry into UK oil and gas deepwater drilling.
SEYPEC, Fugro, Geomahakarsa Ink Deal for Acquisition of Geophysical Data
Seychelles, Fugro and Geomahakarsa have this morning signed a Cooperation Agreement for the acquisition, processing, interpretation and license of geoscientific data.
Today’s Trends: Correlation Bond Between Oil, Dollar Grows Stronger
After coming unwound between February and May of this year, a strong inverse correlation between oil and the U.S. dollar is again present.
US Govt: New Gulf Drilling Regulations May Be Ready before Oct. 30
The U.S. DOI could decide before the end of October to modify the duration of a moratorium imposed on drilling in the GOM following the massive oil spill there.
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