The Oil and Gas Journal articles from August 1992, page 2

The Oil and Gas Journal archives from August 1992

Taiwan and China are laying plans to cooperate in exploring for oil and coal in a step toward ending more than 40 years of hostility. (Brief Article)
August 24, 1992... Taiwan and China are laying plans to cooperate in exploring for oil and coal in a step toward ending more than 40 years of hostility. Taiwan's Chinese Petroleum Corp. will commission private entities to evaluate prospects onshore and in...

There's more progress on ending territorial disputes over hydrocarbon prone offshore areas of Southeast Asia. (Malaysia and Vietnam resolving disputed block in Gulf of Thailand) (Brief Article)
August 24, 1992... There's more progress on ending territorial disputes over hydrocarbon prone prone offshore areas of Southeast Asia (OGJ, July 13, p. 20). Petronas says Malaysia has virtually cleared up its differences with Viet Nam over a disputed block...

Kerosine stoves and cooking habits. (Column)
August 24, 1992... Resource conservation and energy efficiency can have a far different scope outside the industrialized world. In places where nuclear or hydroelectric power plants and other megabuck projects just aren't likely, solutions do not have to be...

Nafta raises issue of resource waste. (North American Free Trade Agreement) (Editorial)
August 24, 1992... During ratification proceedings for the North American Free Trade Agreement (Nafta) in the U.S., Mexico, and Canada, environmental protection will be a major issue. This represents a triumph of environmentalism--one that the oil and gas...

Majors' U.S. retrenchment causes sale property glut.
August 24, 1992... Major U.S. oil and gas companies' accelerated rationalization of U.S. upstream assets in recent years has left a glut of available producing leases in a capital starved market. The expanding divestment of such properties in the U.S. stems...

Germany's deep drilling project advances technology in coring. (Kontinentales Tiefbohrprogramm demonstrates advance in coring technology) (Brief Article)
August 24, 1992... Germany's Kontinentales Tiefbohrprogramm (KTB) deep drilling project at Windischeschenbach, Bavaria, has demonstrated a major advance in coring technology. The government funded research hole (OGJ, Nov. 11, 1991, p. 49) reached 6,672.4 m...

Two new units cut refinery costs at Puertollano. (Repsol Petroleo S.A., Puertollano, Spain) (Brief Article)
August 24, 1992... Repsol Petroleo SA has cut gasoline production costs at its 135,000 b/d Puertollano, Spain, refinery. The company attributes the first half 1992 cost reduction to use of process technologies licensed from Phillips Petroleum Co. With...

Premier set to drill wildcat in Irish Sea. (Premier Consolidated Oilfields plc) (Brief Article)
August 24, 1992... Premier Consolidated Oilfields plc is the latest company to drill in Irish Sea Grid 110 off the west coast of England. Here British Gas plc has Morecambe gas field on stream, but more recent discoveries hold significant oil as well as gas...

API reports U.S. oil imports for July top year ago mark. (American Petroleum Institute) (Brief Article)
August 24, 1992... The American Petroleum Institute reports U.S. oil imports exceeded the 8.5 million b/d mark in July, the highest level in nearly a year. Imports supplied 50% of demand for the month, although API said real import reliance is 45-46%. ...

Forecourt fight gets tougher. (British petroleum companies add convenience stores to gasoline service stations) (Brief Article) (Column)
August 24, 1992... One of the many unpleasant aspects of the 1980s was encapsulated in the yuppie slogan, "When the going gets tough, the tough go shopping." It seems oil companies are modifying this for the 1990s along the lines of "When the oil price...

Amoco Production Co. (compressed natural gas station opened in Farmington, New Mexico) (Brief Article)
August 24, 1992... Amoco Production Co. opened its first refueling station dedicated solely to compressed natural gas at Farmington, N.M. It is New Mexico's first retail CNG station. The outlet will serve fleets and individuals. Amoco's southern Rockies...

Japan's. (Tohoku Electric Power Company assigns contract to Petroliam Nasional Bhd. for liquefied natural gas) (Brief Article)
August 24, 1992... Japan's Tohoku Electric Power Co. let a $1.6 billion, 20 year contract to Malaysia's Petroliam Nasional Bhd. to supply 500,000 metric tons/year of liquefied natural 1996-2016.

Korea Gas Corp. (contract) (Brief Article)
August 24, 1992... Korea Gas Corp. let a $4.6 million contract to Osaka Gas Engineering Co. to serve as a technical adviser in a project to build a 3 million metric ton/year LNG receiving terminal in South Korea. Osaka Gas will provide technical assistance for...

A judge. (Delaware court judge fines Texaco Refining and Marketing for violation of the U.S. Clean Water Act) (Brief Article)
August 24, 1992... A judge in a Delaware federal court ordered Texaco Refining & Marketing Inc. to pay $1.68 million in civil penalties for allegedly discharging toxic chemicals from its Delaware City refinery into the Delaware River, violating the U.S. Clean...

Remediation Technologies Inc. (joint venture) (Brief Article)
August 24, 1992... Remediation Technologies Inc. and Tetra Technologies Inc. formed a joint venture to provide technology and services for use of thermal desorption to treat and recycle refinery waste sludges designated by the U.S. Environmental Protection...

The contract. (agreement expired July 31, 1992 between Hondo Oil and Gas and Signal Hill Petroleum) (Brief Article)
August 24, 1992... The contract between Hondo Oil & Gas Go., Roswell, N.M., and Signal Hill Petroleum Inc., Signal Hill, Calif., calling for Signal Hill to buy Hondo's 29,657 b/d Fletcher refinery at Carson, Calif. (OGJ, Apr. 13, p. 21), expired July 31, after...

Pilipinas Shell Petroleum Corp. (contract) (Brief Article)
August 24, 1992... Pilipinas Shell Petroleum Corp. let contract to Dresser-Rand Turbo Products Division for shipment of three centrifugal turbocompressors, one steam turbine, and one induction motor driver. The units, worth a total $10 million, will be shipped...

DeepTech International Inc. (acquires capital stock of Penrod OCS Inc.) (Brief Article)
August 24, 1992... Deeptech International Inc., Houston, paid Penrod Drilling Corp., Dallas, $3 million for the capital stock of Penrod OCS Inc., including interests in more than 30 mainly deepwater oil and gas leases in the Gulf of Mexico and a 10% interest in...

A unit. (oil and gas leases of Louisiana Land and Exploration acquired by a unit of Sonat Exploration) (Brief Article)
August 24, 1992... A unit of Sonat Exploration Co. completed purchase of the Oklahoma oil and gas leases of Louisiana Land & Exploration Co. (LL&E) for $50.2 million effective Jan. 1, 1992. Net reserves attributed to the interests at year-end 1991 were 9.7...

China. (oil and gas field in the East China Sea under development) (Brief Article)
August 24, 1992... China began development of Pinghu oil and gas field in the East China Sea (OGJ, July 20, p. 128), with the project to be complete in 3 years. Xinhua News Agency reported the field is expected to produce 28.3-42.4 MMcfd of gas for 15 years....

Amerada Hess Ltd. (acquisition) (Brief Article)
August 24, 1992... Amerada Hess Ltd. (AHL) agreed to buy Elf Exploration U.K. plc's 16.46% interest in North Sea Blocks 48/18b and 48/19b containing Anglia gas field. Elf will buy AHL's 12.5% share of Block 29/5b containing the Franklin gas discovery. The move...

Nomeco Oil & Gas Co. (oil and gas lease acquisition) (Brief Article)
August 24, 1992... Nomeco Oil & Gas Co., Jackson, Mich., acquired from Nerco Oil & Gas Co., Vancouver, Wash., interests in 13 federal oil and gas leases off Texas and Louisiana for $6.8 million. Nomeco held interests in the leases prior to the purchase but has...

Hungary's State Property Agency. (chose law firm Clifford Chance and accounting firm Price Waterhouse as advisers) (Brief Article)
August 24, 1992... Hungary's State Property Agency appointed law firm Clifford Chance and accountants Price Waterhouse & Co., London, advisers for privatization of five gas distribution companies (OGJ, Aug. 10, Newsletter).

Lake Superior Power LP. (contract) (Brief Article)
August 24, 1992... Lake Superior Power LP, Toronto, let a $29.1 million contract to GE Power Generation to supply two 40,000 kw gas turbine generators and a 25,000 kw steam turbine generator for a 95,000 kw cogeneration plant to be built at Sault Ste. Marie,...

U.S. Department of Energy. (providing funds to Destec Energy and PSI Energy for construction of clean coal gasification power plant) (Brief Article)
August 24, 1992... U.S. Department of Energy agreed to provide as much as $198 million of cost sharing funds to Destec Energy Inc., Houston, and PSI Energy Inc., Plainfield, Ind., to build a 270,000 kw coal gasification/combined cycle power plant at PSI's...

Ballard Shipping Co. (lawsuit with Rhode Island settled) (Brief Article)
August 24, 1992... Ballard Shipping Co., New York, agreed to pay $2.1 million to settle a lawsuit filed by Rhode Island over the 1989 grounding of Ballard's World Prodigy tanker, which spilled about 8,300 bbl of heating oil into Narragansett Bay. Ballard...

Mobil Producing Nigeria Unlimited. (contract) (Brief Article)
August 24, 1992... Mobil Producing Nigeria Unlimited let contract to ABB Randall Corp. to provide design, engineering, and construction services for upgrading the 21 year old Qua lboe crude oil and gas terminal in Nigeria's Akwa lbom state. The project will...

Consolidated Natural Gas Co. (gas pipeline in Virginia placed into service) (Brief Article)
August 24, 1992... Consolidated Natural Gas Co. Pittsburgh, placed into service the last leg of its gas pipeline in Virginia, linking it to CNG's interstate network. The project included adding 55 miles of pipeline from Richmond to Williamsburg, Va., and...

ARCO British Ltd. (Orwell gas field development in the North Sea approved by United Kingdom government) (Brief Article)
August 24, 1992... ARCO British Ltd. received U.K. government approval to develop Orwell gas field on Block 50/26a in the southern North Sea. Recoverable reserves are pegged at 247 bcf. Production start-up is planned for October 1993, and field life is expected...

Aromatics (Thailand) Co. (contract) (Brief Article)
August 24, 1992... Aromatics (Thailand) Co. (TAC) named Foster Wheeler Energy Ltd. and Foster Wheeler (Pacific) Ltd. project consultants to assist TAC in awarding a contract for a world scale aromatics and reformer complex under an international tender. The...

BP Chemicals Ltd. (selling Antwerp, Belgium, polyethylene plant) (Brief Article)
August 24, 1992... BP Chemicals Ltd. plans to sell its 120,000 metric ton/year polyethylene plant at Antwerp, Belgium, to Neste Chemicals International NV. BP America Inc. will sell its 40,000 ton/year performance polymers plant at Hackettstown, N.J., to Neste...

Japan-China Oil Development Corp. (oil exploration in Bohai Bay) (Brief Article)
August 24, 1992... Japan-China Oil Development Corp. will explore BZ35-2 and CFD21-2 offshore concessions in Bohai Bay, with drilling expected to begin this year. The joint venture, which includes 48 companies, has developed oil fields in Bohai Bay since the...

Praxair extending hydrogen pipeline in Southeast Texas. (Brief Article)
August 24, 1992... Praxair Inc., an independent corporation created by the spinoff of Union Carbide Corp.'s Linde division, is extending its high purity hydrogen pipeline system from Channelview, Tex., to Port Arthur, Tex. The 70 mile, 10 in. extension...

ARCO and Sun agree to settle Iranian claims.
August 24, 1992... ARCO and Sun Co. Inc. have agreed to separate settlements totaling almost $261 million that resolve their claims over oil field assets expropriated by Iran in 1978-80. The agreements are subject to approval by the Iran-U.S. claims...

Texaco-Conquest tests Tunisian strike. (Texaco Exploration El Jem Tunisia, Conquest Exploration Tunisia) (Brief Article)
August 24, 1992... A joint venture led by a Texaco Inc. unit has gauged an oil discovery on the El Jem Permit in Tunisia, about 170 km south-southeast of Tunis. The 1 El Jem flowed at a rate of 3,600 b/d of 42 [degrees] gravity oil through a 7/16 in. choke...

News for the gas industry. (gas consumption to increase) (Brief Article) (Column)
August 24, 1992... The industry got some good--and some not so good--news on U.S. gas demand trends last week. The Energy Information Administration said gas consumption could increase as much as 5.5% next year if normal weather patterns occur. It said...

Chevron, Texaco boosting Nigerian oil flow capacity. (Chevron Nigeria Ltd., Texaco Overseas Petroleum Co.) (Brief Article)
August 24, 1992... More upstream action under way or planned in Nigeria by units of Chevron Corp. and Texaco Inc. has that country poised for an increase in oil productive capacity. In 1989 Nigeria targeted 20 billion bbl of reserves and productive...

EC eyes study of operations in Tyumen province. (European Commission may study oil production operations in Russian province) (Brief Article)
August 24, 1992... Chevron Overseas Petroleum Inc.'s Okan platform complex operates off Nigeria. Enercon Engineering Inc., Houston and OPI International provided turnkey services that included design, fabrication, and installation of quarters support platforms...

Nafta due to end most barriers to trade among U.S., Mexico, Canada. (North American Free Trade Agreement)
August 24, 1992... Energy companies in the U.S. will benefit--but not as much as they had hoped--from the recently drafted North American Free Trade Agreement (Nafta) among the U.S., Mexico, and Canada. Nafta would remove most of the trade barriers between...

Canada sees NAFTA benefits in natural gas, petrochemical sales. (North American Free Trade Agreement) (Brief Article)
August 24, 1992... A North American Free Trade Agreement (Nafta) among the U.S., Canada, and Mexico will benefit the Canadian oil industry, say industry spokesmen and analysts. The agreement, which has been signed by political leaders but must be ratified...

Russian gravity data to be mapped. (Geophysical Exploration Technology to map gravity data in northern and central Asian areas of Russia) (Brief Article)
August 24, 1992... Geophysical Exploration Technology (Getech), Leeds, England, has signed initial agreements to reprocess and map gravity data for the northern and central Asian regions of the former Soviet Union. Getech, a division of the University of...

Western Gulf of Mexico lease sale draws weak response.
August 24, 1992... Puny participation in last week's federal lease sale for the western Gulf of Mexico reflected a lack of open acreage on attractive prospects and the crisis sweeping the U.S. offshore oil and gas industry. Thirty-eight companies...

SNG completes deepest underwater pipelay in Gulf of Mexico. (Southern Natural Gas)
August 24, 1992... Gas began flowing this spring in the deepest underwater, large-diameter pipeline in the U.S. Gulf of Mexico. Southern Natural Gas (SNG) Co., Birmingham, completed installation of the 60-mile, 20-in. line from Exxon Co. U.S.A.'s Alabaster...

Auditing reduces accidents by eliminating unsafe practices.
August 24, 1992... Auditing for unsafe acts can remove the basic causes of accidents through the adoption of a proactive approach to safety. The process of auditing for unsafe acts is aimed at eliminating unsafe situations and practices by a method of...

Dynamic positioning of semi cost effective for shallow water exploration. (semisubmersible)
August 24, 1992... The use of a dynamic positioning (DP) system for station keeping a semisubmersible in water depths as shallow as 101 m (330 ft) has allowed substantial cost savings for short duration exploration wells in the North Sea.. BP Exploration...

ESPs add production capacity to deep, hot, and gassy California wells. (electric submersible pumps)
August 24, 1992... Based on performance to date, electric submersible pumps (ESPs) are a technical and economical option for artificial lift in the Yowlumne field where well conditions include bottom hole temperatures of 260 [degrees] F., gas/oil ratios over...

Petro-Hunt Corp. (joint venture) (Brief Article)
August 24, 1992... Petro-Hunt Corp., Dallas, Tex., owned by the William Herbert Hunt Trust Estate, has announced it has received from the Foreign Capital Investment Committee of Saudi Arabia the Certificate of Registration authorizing the Saudi-American joint...

Technip. (personnel selection) (Brief Article)
August 24, 1992... Technip, Paris, France, has named Pierre Vaillaud chairman of the board and chief executive officer. Vaillaud replaces Pierre Marie Valentin. Since 1989, Vaillaud had been senior executive vice president of Total. Early in his career...

Queen Charlotte basin off western Canada may hold oil, gas potential.
August 24, 1992... The Queen Charlotte basin is a large Tertiary tectonic feature on the west coast of Canada. Over the last few decades it has repeatedly been the target of petroleum exploration.[1] A considerable amount of drilling was carried out in the...

Will the North American Free Trade Agreement be boon or bane for the petroleum industry? (Brief Article)
August 17, 1992... U.S., Canadian, and Mexican teams wrapped up Nafta negotiations last week. If approved by their respective governments, it would remove most trade barriers among the three nations and create the world's largest trade zone. The treaty's...

U.S. gas spot market prices remain buoyant. (Brief Article)
August 17, 1992... U.S. gas spot market prices remain buoyant. Natural Gas Clearinghouse attributes increases to overall demand strength and perceptions of a fundamental shift in supply deliverability. Sources say September spot prices so far appear to be...

Merrill Lynch predicts oil prices are likely to strengthen further in the second half. (Brief Article)
August 17, 1992... Merrill Lynch predicts oil prices are likely to strengthen further in the second half, pegging WTI at near $24/bbl by yearend as the balance between supply and demand tightens. Spot WTI averaged $21.10/bbl in second quarter this year, up more...

Baker Hughes rig count. (oil well drilling rig count increases to over 700) (Brief Article)
August 17, 1992... The Baker Hughes rig count climbed 19 units to 709 the week ending Aug. 7, marking the first time since mid-January there were more than 700 rigs running in the U.S. Oklahoma added five rigs, Texas four, and Louisiana three. This time last...

The U.K. has spelled out details of exploration acreage on offer in the second stage of its 14th offshore licensing round. (Brief Article)
August 17, 1992... The U.K. has spelled out details of exploration acreage on offer in the second stage of its 14th offshore licensing round. Some blocks are near mature areas and others are outside the main developed areas but close to areas currently...

The U.S. House energy and power subcommittee has approved a bill to prohibit refiners from charging wholesale marketers more than retail prices they charge at company owned stations. (Brief Article)
August 17, 1992... The U.S. House energy and power subcommittee has approved a bill to prohibit refiners from charging wholesale marketers more than retail prices they charge at company owned stations. The Senate has not passed similar legislation.

Amadeus basin producers. (sale of basin gas to South Australian customers in 1996 to be analyzed by the Center for South Australian Economic Studies) (Brief Article)
August 17, 1992... Amadeus basin producers, on request of Australia's Northern Territory government, commissioned the Center for South Australian Economic Studies (Censaes) to begin evaluating economic benefits of selling about 70 MMcfd of basin gas beginning...

Iran and Japan have deadlocked in negotiations to develop offshore oil fields in the Hormuz area. (Brief Article)
August 17, 1992... Iran and Japan have deadlocked in negotiations to develop offshore oil fields in the Hormuz area, Agence France Presse (AFP) reports. A letter of intent signed last year covering a $1.6 billion E&D program was to lead to final agreement by...

United Arab Emirates has earmarked $500 million to boost oil productive capacity by 600,000 b/d to about 3 million b/d by 1995. (Brief Article)
August 17, 1992... United Arab Emirates has earmarked $500 million to boost oil productive capacity by SM.000 b/d to about 3 million b/d by 1995. About 400,000 b/d is to come from onshore fields. U.A.E. also expects to spend more than $1 billion over an...

Negotiations on British Gas' proposed $300 million, 160,000 kw cogeneration plant to serve petrochemical and refining complexes on Thailand's eastern seaboard have collapsed. (Brief Article)
August 17, 1992... Negotiations on British Gas' proposed $300 million, 160,000 kw cogeneration plant to serve petrochemical and refining complexes on Thailand's eastern seaboard have collapsed. Thai Olefins Co. called off the talks, citing excessive prices BG...

Vietsovpetro has increased production to about 104,000 b/d the first 7 months of 1992. (Brief Article)
August 17, 1992... The Vietnamese-Russian joint venture Vietsovpetro has increased production to about 104,000 b/d the first 7 months of 1992, AFP reports, boosted by higher yield from Bach Ho field off Viet Nam's southern coast and the addition of a second oil...

More aid for Russia's ailing oil and gas industry is on the way. (funds and equipment provided by Nippon Steel led group, World Bank, International Monetary Fund) (Brief Article)
August 17, 1992... More aid for Russia's ailing oil and gas industry is on the way. A Nippon Steel led group of 10 Japanese firms has reached basic agreement with state run Urengoi Gazprom on terms for exporting materials and equipment worth $700 million to...

Moves by C.I.S. republics to boost dollar earnings have resulted in an unexpected 20% leap in oil exports. (Commonwealth of Independent States) (Brief Article)
August 17, 1992... Moves by C.I.S. republics to boost dollar earnings have resulted in an unexpected 20% leap in oil exports. Deliveries have risen 400,000 b/d to 2.4 million b/d, despite falling production levels, leading OPEC to complain of market disruption....

Intertanko says there may be a squeeze on oil supplies the next three quarters in the event of a cold winter. (Brief Article)
August 17, 1992... Intertanko says there may be a squeeze on oil supplies the next three quarters in the event of a cold winter. This assumes a stockdraw of 200,000 b/d for 1992 and 1.2 million b/d in first quarter 1993. It forecasts third and fourth...

A U.S. anchor for majors. (U.S. oil producing assets of U.S. oil and gas companies) (Brief Article) (Column)
August 17, 1992... Few people must be unaware of the oft noted trend of U.S. major integrated oil and gas companies devoting a greater share of capital and exploration spending outside the U.S. For the record, the integrated U.S. majors have significant oil...

Oil flow repairs key to Russian economy. (Editorial)
August 17, 1992... Decisions by the International Monetary Fund (IMF) and World Bank to support Russia's economic reform program have value beyond the dollars involved. They give President Boris Yeltsin's administration an international political lift that is...

Australia's western offshore key to self-sufficiency goals.
August 17, 1992... Australia's hopes seem bright for beginning the next century with a level of oil self-sufficiency within 10 percentage points of its current 85% level. It's a prospect most forecasters had dismissed in the mid-1980s. At that time, oil...

Enterprise, Shell scheduled to explore Romanian acreage. (Enterprise Oil Exploration; Shell Romania Exploration)
August 17, 1992... The pace of exploration is picking up in Romania's offshore and onshore sectors. Enterprise Oil Exploration Ltd., London, signed an exploration and production sharing agreement with state owned Rompetrol SA for two Black Sea blocks, Nos....

Mobil's Aussie refinery revamp okayed. (Mobil Oil Australia) (Brief Article)
August 17, 1992... Mobil Oil Australia has a green light from Victoria's state government to proceed with its proposed $1 billion (Australian) upgrade of the Altona refinery near Melbourne. The 10 year project will improve the 98,500 b/d Altona refinery's...

Chevron plans revamp of Richmond refinery. (Chevron U.S.A. Products Co., Richmond, California)
August 17, 1992... Chevron U.S.A. Products Co. plans a $750 million revamp of its Richmond, Calif., refinery in the San Francisco Bay area to help it meet changing specifications for motor fuels under clean air laws and improve plant operating efficiency and...

DOE to buy more crude for SPR. (Department of Energy, Strategic Petroleum Reserve) (Brief Article)
August 17, 1992... The U.S. Department of Energy plans to buy another 1.6 million bbl of crude for the Strategic Petroleum Reserve. It is buying 1 million bbl of North Sea sweet from Statoil North America Inc. for $20.55/bbl, not including transportation....

Royalty cut for stripper oil. (royalty rate decreased on stripper well production) (Brief Article) (Column)
August 17, 1992... The Bureau of Land Management last week issued a final rule cutting its royalty rate on stripper well production. Although stripper wells represent 15,000 of the 22,000 wells on federal land, they are responsible for only one sixth of the...

Thailand to halt exports of condensate. (Brief Article)
August 17, 1992... Thailand this month will halt exports of domestically produced condensate following an order from the Petroleum Authority of Thailand (PTT) that it be refined locally. Unocal Thailand, which accounts for most of Thailand's production of...

Hibernia project gets another government boost. (development of oil field off Newfoundland to be partially funded by Ottawa and Newfoundland governments) (Brief Article)
August 17, 1992... Canadian governments will provide a financial backstop for development of Hibernia oil field off Newfoundland while a new partner is sought. Mobil Oil Canada Ltd., Chevron Canada Resources Ltd., and Petro-Canada, all of Calgary, have...

Kern River eyes 200 MMcfd system capacity hike. (Kern River Gas Transmission Co.) (Brief Article)
August 17, 1992... Kern River Gas Transmission Co., in operation only 6 months, has its sights set on a second capacity project. It will conduct an open season starting immediately and ending Oct. 30 to determine shippers' interest in an expansion of its...

Fish agrees to settle citations issued by OSHA. (Fish Engineering & Construction; Occupational Safety and Health Administration) (Brief Article)
August 17, 1992... Fish Engineering & Construction Inc., Houston, has agreed to conduct a company-wide safety and health program and pay $100,000 to settle citations issued by the U.S. Occupational Safety and Health Administration. OSHA cited Fish for...

Tax tempts majors back to Ireland. (25% corporation tax rate lures oil companies back) (Brief Article) (Column)
August 17, 1992... It looks like the Irish government's attempt to revive offshore exploration is working. Marathon Petroleum Ireland Ltd., the only major that maintained its faith in the region, has been joined by Amoco Ireland Exploration Co. in a joint...

EPA slates fines in New Mexico. (38 New Mexico oil and gas producers fined for alleged violation of Clean Water Act) (Brief Article)
August 17, 1992... The U.S. Environmental Protection Agency proposes to levy more than $4 million in administrative penalties on 38 Southeast New Mexico oil and gas producers for alleged violation of a general Clean Water Act permit. EPA said the operators...

Saudi Iron & Steel Co. (contract) (Brief Article)
August 17, 1992... Let contract to ABB Randall Corp. to design, engineer, and provide fabrication services for two natural gas pretreatment plants that will remove ethane and propane and provide ultrapure methane to a Saudi iron Midrex direct reduction sponge...

Segasco Resources Ltd. (gas treating plant begins operation) (Brief Article)
August 17, 1992... Started up its $9 million (Australian) natural gas treating plant at Beharra Springs about 350 km north of Perth in Western Australia. Design and commissioning of the plant were accomplished in 9 months.

Red Eagle Resources Corp. (oil production sharing agreement signed with Yemen) (Brief Article)
August 17, 1992... Oklahoma City, signed a production sharing agreement with Yemen covering Block 13 (OGJ, Apr. 27, p. 14). Red Eagle plans to spend about $50 million in the initial two phases of work, which includes acquiring 1,200 line km of seismic data and...

Norcen International Ltd. (interest in gas field off Papua New Guinea transferred) (Brief Article)
August 17, 1992... Calgary, agreed to transfer its 15% working interest in PPL-82 off Papua New Guinea containing Pandora gas field to a group that includes Mobil Oil Corp. and Japanese interests in exchange for payment tied to the level of the group's...

Energy Development Corp. (oil exploration on Boyang Lake in Jiangxi Province, China) (Brief Article)
August 17, 1992... Houston, and China Petroleum Exploration Corp. began exploration on Boyang Lake in East China's Jiangxi Province (OGJ, Nov. 4, 1991, p. 36). Beijing's Xinhua News Agency said initial work in the 3 year first phase of the project is nearly...

Pakistan's. (Oil & Gas Development discovers oil near Fatehjung, Pakistan) (Brief Article)
August 17, 1992... Oil & Gas Development Corp. found oil and gas at Sadkal near Fatehjung in Pakistan's Attock district. OGDC 1 Sadkal cut two pay zones with a combined productive capacity of 3,311 b/d of 40-41 [degrees] gravity oil and 19.23 MMcfd of gas after...

Texas Eastern Transmission Corp. (leasing space in gas pipeline from Endevco Inc.) (Brief Article)
August 17, 1992... (Tetco), Houston, signed a letter of intent to lease 250 MMcfd of capacity in a 500 MMcfd gas pipeline to be built and operated in Mississippi by Endevco Inc., Dallas, and others. The proposed 30 in. line, running 82 miles from Arkla Energy...