The Oil and Gas Journal articles from February 2002

The Oil and Gas Journal archives from February 2002

Market movement. (News Letter).
February 4, 2002... Will oil prices jump or slump in 2002? The state of the oil market largely hinges upon the global economy. If, as many economists believe, the global economy will bounce back in second half 2002, then the production cuts by OPEC and...

US Industry Scoreboard -- 2/4.(supply, demand, prices)(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... US Industry scoreboard -- 2/4 Demand, 1,000 b/d 4 wk. 4 wk. avg. Change, YTD Latest week 1/25 average year ago (1) % average (1) Motor gasoline 8,465 8,129 ...

The US wind industry. (Industry Trends).(Brief Article)(Statistical Data Included)
February 4, 2002... THE US WIND INDUSTRY has ended its most productive year, more than doubling previous records for new installations by adding 1,694 Mw of capacity, or $1.7 billion worth of new generating equipment in 16 states. In 1999, 732 Mw was installed....

Worldwide Drilling Markets. (Industry Trends).(Brief Article)(Statistical Data Included)
February 4, 2002... WORLDWIDE DRILLING MARKETS are firming up, compared with last year, while Gulf of Mexico markets moderate; however, only the North Sea and Southeast Asia showed month-on-month gains in December compared with November. Offshore drilling...

Russia has moved closer to securing a deepwater oil export terminal on the Mediterranean Sea. (Government Developments).(Brief Article)
February 4, 2002... RUSSIA has moved closer to securing a deepwater oil export terminal on the Mediterranean Sea. Ukraine's acceptance in December of a lower transit tariff for Russian oil crossing its territory advances plans to send Russian oil through the...

Pakistan President Pervez Musharraf has approved the privatization of the country's largest oil distribution company. (Government Developments).(Pakistan State Oil)(Brief Article)
February 4, 2002... PAKISTAN PRESIDENT Pervez Musharraf has approved the privatization of the country's largest oil distribution company, Pakistan State Oil, said the Pakistan privatization commission. The company has a domestic market share of more than 70%...

US EPA and Department of Justice announced settlements with Conoco and Holly Corp. over alleged federal clean air violations. (Government Developments).(Brief Article)
February 4, 2002... US EPA and Department of Justice announced settlements with Conoco and Holly Corp. over alleged federal clean air violations. Under the action, the refiners also reached agreements with the states of Louisiana, Oklahoma, Colorado, and New...

A Peruvian Law forgiving the 18% sales tax on goods and services for unsuccessful oil exploration campaigns. (Government Developments).(on hold)(Brief Article)
February 4, 2002... A PERUVIAN LAW forgiving the 18% sales tax on goods and services for unsuccessful oil exploration campaigns is on hold until Feb. 8 pending governmental text clarification. The regulation, signed into law Jan. 7, is intended to promote...

Alaska remains a hotbed for natural gas discoveries. (Quick Takes).(Marathon Oil discovers gas field)(Brief Article)
February 4, 2002... ALASKA remains a hotbed for natural gas discoveries. Marathon Oil said it discovered a gas field in its Ninilchik prospect on Alaska's Kenai Peninsula. Grassim Oskolkoff 1 is the first exploration well drilled in the Ninilchik exploration...

Amerada Hess. (Quick Takes).(Brief Article)
February 4, 2002... Elsewhere on the exploration front, Amerada Hess found oil at its Ebano prospect in the Rio Muni basin off Equatorial Guinea. Ebano is on Blocks F and G in 2,052 ft of water. Amerada Hess said the 11,011 ft F-2 discovery well and a 9,446 ft...

Shell Nigeria Exploration & Production. (Quick Takes).(Brief Article)
February 4, 2002... * Shell Nigeria Exploration & Production and its partners made what they are calling a "significant" deepwater oil discovery on OPL 219 off Nigeria. The Bolia-1X discovery well was drilled to 13,050 ft TD in 3,600 ft of water and flowed 6,000...

Yukos and TotalFinaElf unit TotalFinaElf Tchernomorie formed a 50-50 JV--subject to Russian approval--to explore and develop the Shatsky Ridge area in the Russian portion of the Black Sea. (Quick Takes).(joint venture)(Brief Article)(Statistical Data Included)
February 4, 2002... * Yukos and TotalFinaElf unit TotalFinaElf Tchernomorie formed a 50-50 JV--subject to Russian approval--to explore and develop the Shatsky Ridge area in the Russian portion of the Black Sea. The first phase of work involves interpretation of...

Statoil and ExxonMobil. (Quick Takes).(exchange license interests on Norwegian continental shelf)(Brief Article)(Statistical Data Included)
February 4, 2002... * Statoil and ExxonMobil have exchanged interests in licenses on the Norwegian continental shelf. On Jan. 1 Statoil took over operatorship and a 20% stake in the F prospect in the Barents Sea from ExxonMobil. The area, 150 km east of the...

Conoco and TotalFinaElf. (Quick Takes).(Desgas project gets to full capacity)(Brief Article)(Statistical Data Included)
February 4, 2002... CONOCO AND TOTALFINAELF have brought the $400 million Desgas associated gas project in eastern Syria's Deir Ez Zor region to full capacity of 13 million cu m/day (MMcmd), said TotalFinaElf. Conoco operates the project, which includes...

In other production news, Petro-Canada--operator of the $2.8 billion (Can.) Terra Nova field off Newfoundland--said production from the newly opened field continues to increase. (Quick Takes).(Brief Article)(Statistical Data Included)
February 4, 2002... In other production news, Petro-Canada--operator of the $2.8 billion (Can.) Terra Nova field off Newfoundland--said production from the newly opened field continues to increase. The flow rate was 75,000 b/d from two wells, up from initial...

Russia's Tyumen Oil. (Quick Takes).(agreement with Petrol)(Brief Article)
February 4, 2002... RUSSIA'S Tyumen Oil (TNK) and Slovenian company Petrol agreed to cooperate in oil processing and marketing in Croatia, Bosnia and Herzegovina, the Federal Republic of Yugoslavia, and Macedonia. TNK will provide crude for processing and will...

The Borouge Joint Venture. (Quick Takes).(started first shipment this month)(Brief Article)(Statistical Data Included)
February 4, 2002... THE BOROUGE JOINT VENTURE of Abu Dhabi National Oil Co. and Borealis started first shipments from the $1.2 billion petrochemical complex at Ruwais this month, reported OPEC News Agency. The complex achieved full ethylene capacity of 600,000...

Shell Nederland Chemie. (Quick Takes).(acquired chemical plant)(Brief Article)(Statistical Data Included)
February 4, 2002... In other petrochemical news, Shell Nederland Chemie brought a 100,000 tonne/year propylene oxide glycol ether plant on stream at Pernis, the Netherlands. The plant makes propylene glycol monomethyl ether, dipropylene glycol monomethyl ether,...

Basell Polyolefine let a 140 million euro contract to Montedison Group unit Tecnimont for a 320,000 tonne/year high-density polyethylene plant to be built at Wesseling, Germany. (Quick Takes).(Brief Article)
February 4, 2002... * Basell Polyolefine let a 140 million euro contract to Montedison Group unit Tecnimont for a 320,000 tonne/year high-density polyethylene plant to be built at Wesseling, Germany. Tecnimont will supply engineering, materials, and equipment for...

Topping Pipeline News. (Quick Takes).(Alaska North Slope producers push for regulatory revisions concerning proposed arctic gas pipeline)(Brief Article)
February 4, 2002... TOPPING PIPELINE NEWS, Alaska North Slope producers will meet in Washington Feb. 4 with US officials and pipeline companies to review regulatory obstacles that could delay or postpone a proposed arctic gas pipeline, according to industry and...

Elsewhere on the pipeline front, a unit of Williams chose Paragon Engineering Services to coordinate its application with FERC to build the proposed Western Frontier Pipeline. (Quick Takes).(Federal Energy Regulatory Commission)(Brief Article)
February 4, 2002... Elsewhere on the pipeline front, a unit of Williams chose Paragon Engineering Services to coordinate its application with FERC to build the proposed Western Frontier Pipeline. Western Frontier Pipeline is tendering for the engineering contract...

US Law Enforcement Officials. (Quick Takes).(settlement with Murphy Oil USA for environmental violations)(Brief Article)
February 4, 2002... US LAW ENFORCEMENT OFFICIALS announced a proposed $5.5 million settlement with Murphy Oil USA for alleged clean air and water violations at the sulfur recovery unit in its 33,250 b/d Superior, Wis., refinery. The civil penalty was the...

Letters.
February 4, 2002... Public misconceptions on crude oil prices There are 42 US gallons in a barrel of oil. A price increase of $4/bbl represents only a 10 cents/gal increase. virtually nil to the average US consumer. Few Americans outside the oil industry are...

A sense of style. (Journally Speaking).(Oil and Gas Journal celebrates 100 years)(Brief Article)
February 4, 2002... This year, Oil & Gas Journal celebrates its centenary--100 years of giving readers the "truth and nothing but the truth without fear or favor of any individual, firm, or corporation." It's an accomplishment OGJ editors are proud of. And it...

Energy and privilege.(executive privilege)(Brief Article)(Editorial)
February 4, 2002... Energy policy is stuck in a developing constitutional showdown between the US Congress and the administration of President George W Bush. Congress, through the General Accounting Office (GAO), wants information about administration meetings...

Interest wanes in California pipeline projects with slide of natural gas prices. (General Interest).(Statistical Data Included)
February 4, 2002... When natural gas prices spiked to more than $60/Mcf in California last winter, pipeline companies rushed to fill a perceived capacity shortage. More than 1 bcfd of new capacity was announced. At least 230 MMcfd of capacity is scheduled to...

Global opportunities exist for independents that manage risk. (General Interest).(Brief Article)(Statistical Data Included)
February 4, 2002... There are "many opportunities in the world" for international independent operators to find large oil and natural gas reserves if they manage risks, said industry analysts and executives Jan. 29 at the opening of the 10th annual North American...

A closer option. (Watching Government).(expanding the United States oil and gas ties in Africa)(Brief Article)(Statistical Data Included)
February 4, 2002... Policy-makers told US oil companies at a Jan. 25 conference in Washington, DC, that within a generation Africa may supplant the Middle East as the US's most critically strategic energy supplier. "Our traditional sources of oil are not as...

US operators, Coast Guard discuss security issues. (General Interest).(Offshore Operators Committee)
February 4, 2002... The Offshore Operators Committee (OOC) is working with the US Coast Guard, commercial fishermen, and other industry groups to improve antiterrorist security for oil and gas operations in the Gulf of Mexico and other US waters. OOC members...

Drilling on the stock exchange. (Watching the World).(acquisitions, mergers divestitures in the gas and oils exploration industry)(Brief Article)(Statistical Data Included)
February 4, 2002... Europe is currently seeing the re-emergence of stock exchange prospectors who see it more economic to acquire producing assets rather than step up their own exploration programs. In the 1980s, Britain's small exploration companies were snapped...

Enron: Legislators, investors weigh effects on market. (General Interest).(detailed look at energy trader's collapse, ensuing investigation, impact on markets)
February 4, 2002... Sen. Jeff Bingaman (D-NM), Bush administration officials, and chief financial leaders said last week that Enron Corp.'s collapse does not mean competitive energy markets have failed. Lobbyists predict the company's troubles will be a red-hot...

PanCanadian, AEC to form EnCana in 'merger of equals'. (Company News).(PanCanadian Energy Corp., Alberta Energy Company Ltd.)(Statistical Data Included)
February 4, 2002... Canadian independent oil and gas companies PanCanadian Energy Corp. and Alberta Energy Co. Ltd. (AEC) announced plans for a "merger of equals" that would form a company worth $27 billion (Can.). The new energy firm, to be called EnCana Corp.,...

Integrated firms promote division executives. (Personal Moves and Promotions).(Brief Article)
February 4, 2002... Integrated energy firms Dynegy Inc., Houston, and KeySpan Corp., New York, have recently announced executive--level promotions. Dynegy has named Matt K. Schatzman president and CEO of the energy convergence business. Previously,...

New assessment offered for W. Florida shelf, slope. (Eastern Gulf of Mexico--3).(Statistical Data Included)
February 4, 2002... This assessment takes into account new views on the depositional history and the petroleum habitat of the West Florida shelf and slope and attempts to strike a balance between a liberal and a conservative appraisal approach. The assessment...

Technique yields exact solution for planning bit-walk paths. (Drilling & Production).(well-path calculations methods for oil and gas well drilling)(Technical)
February 4, 2002... Bit walk is the natural tendency of the drill bit to drift in a lateral direction during drilling and occurs in every operation. Operators planning and designing wellbore trajectories, therefore, must consider planning 3D paths, especially in...

Styrene industry to recover after dismal 2001. (Processing).(Statistical Data Included)
February 4, 2002... In 2001, instead of its expected up-cycle, the styrene industry experienced its first decline in demand for almost 20 years, according to a recent study from Chemical Marketing Associates, Inc. (CMAI). For 2002, CMAI is forecasting annual...

Thermodynamic properties are important in predicting pipeline operations accurately. (Transportation).(natural gas pipelines)(Illustration)(Technical)
February 4, 2002... An algorithm has been proposed to estimate pressure drops and flow conditions along singlephase gas and low liquidcontent, two-phase-flow natural gas pipelines. The Masjed-I-Soleiman (MIS) to Mahshahr gas pipeline in southwest Iran was...

Leap in worldwide pipeline construction plans lags industry downturn. (Worldwide Pipeline Construction).(detailed market overview)(Statistical Data Included)
February 4, 2002... Pipeline operators in first half 2001 anticipated increases in oil and gas production and ignored slowing demand growth through much of the last half of the year. The result as 2002 got under way was a leap in planned pipeline construction for...

AnTech Ltd. (Services/Suppliers).(appoints Clair Brown)(Brief Article)
February 4, 2002... Exeter, England, has announced the appointment of Clair Brown as development engineer with the special engineering projects department. In her new role, Brown will serve as project engineer, spearheading the development of AnTech's suite of...

Ci Technologies Inc. (Services/Suppliers).(appoints Steven Zager)(Brief Article)
February 4, 2002... Charlotte, NC, has appointed Steven Zager as vice-president of sales for the Americas. Previously, Zager spent 10 years with Yokogawa Corp. of America, most recently serving as a vice-president. Ci Technologies is involved in the...

Ensco International Inc. (Services/Suppliers).(appoints executives to new offices)(Brief Article)
February 4, 2002... Dallas, has announced the formation of a new office of the president and chief operating officer, and has appointed three company executives to that office. Named are William S. Chadwick Jr., C. Christopher Gaut, and P Jeff Saile. All three men...

Global Industries Ltd. (Services/Suppliers).(appoints William J. Dore Jr. as vice-president, investor relations)(Brief Article)
February 4, 2002... Carlyss, La., has appointed William J. Dore Jr. as vice-president, investor relations. Based in Houston, Dore Jr. will continue to oversee marketing services, corporate communications, and marketing intelligence groups in addition to his new...

API imports of crude and products. (Statistics).(Brief Article)(Statistical Data Included)
February 4, 2002... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 Districts 5 1-25 1-18 (1) 1-25 2002 2002 2002 ...

API crude and product stocks. (Statistics).(Brief Article)(Statistical Data Included)
February 4, 2002... API CRUDE AND PRODUCT STOCKS Motor gasoline Blending Jet fuels Crude oil Total Comp. (2) Naphtha ...

API refinery report--january 25, 2002. (Statistics).(input and output)(Brief Article)(Statistical Data Included)
February 4, 2002... API REFINERY REPORT--JANUARY 25, 2002 REFINERY OPERATIONS Total Input refinery Crude to crude Operable ...

OGJ crack spread. (Statistics).(spot prices)(Brief Article)(Statistical Data Included)
February 4, 2002... OGJ CRACK SPREAD SPOT PRICES 1-25-02 (*) 1-26-01 (*) Change Change $/bbl % Product value 22.40 35.26 -12.86 -38.5 Brent...

OGJ gasoline prices. (Statistics).(approximate prices for self-service unleaded gasoline)(Brief Article)
February 4, 2002... OGJ GASOLINE PRICES (Approx. prices for self-service unleaded gasoline) Price Pump Pump ex tax price (*) price 1-23-02 1-23-02 1-24-01 ...

Refined product prices. (Statistics).(spot market)(Brief Article)(Statistical Data Included)
February 4, 2002... REFINED PRODUCT PRICES Spot market product prices 1-18-02 [euro]/gal Motor gasoline (Conventional-regular) New York Harbor 50.90 Gulf Coast ...

Baker hughes rig count. (Statistics).(Brief Article)(Statistical Data Included)
February 4, 2002... BAKER HUGHES RIG COUNT 1-25-02 1-26-01 Alabama 5 6 Alaska 15 13 Arkansas 1 7 California 25 26 Land ...

Smith rig count. (Statistics).(Brief Article)(Statistical Data Included)
February 4, 2002... SMITH RIG COUNT 1-25-02 1-26-01 Proposed depth, Rig Percent Rig Percent ft count footage (*) count footage (*) 0-2,500 43 ...

OGJ production report.(for crude oil, lease condensate)(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... OGJ PRODUCTION REPORT (Crude oil and lease condensate) 1-25-02 (1) 1-26-01 (2) 1,000 b/d Alabama 25 27 Alaska 1,029 1,005 California ...

US crude prices. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... US CRUDE PRICES $/bbl (*) 1-25-02 Alaska-North Slope 27[degrees] 9.60 South Louisiana Sweet 20.00 California-Kern River 13[degrees] 13.00 Lost Hills 30[degrees] 16.35...

World crude prices.(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... WORLD CRUDE PRICES $/bbl (1) 1-18-02 United Kingdom-Brent 38[degrees] 18.14 Russia-Urals 32[degrees] 17.19 Saudi Light 34[degrees] 17.80 Bubai Fateh 32[degrees] 18.01...

US natural gas storage (1).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... US NATURAL GAS STORAGE (1) 1-18-02 1-11-01 Change Bcf Producing region 739 765 -26 Consuming region east 1,413 1,490 -77...

Pace refining margins. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... PACE REFINING MARGINS Nov. Dec. Jan. Jan. 2001 2001 2002 2001 Change S/bbl US Gulf Coast West Texas...

US natural gas balance demand/supply scoreboard.(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD Oct. Total Oct. Sept. Oct. change YTD 2001 2001 2000 ...

Worldwide NGL production.(natural gas liquids)(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... WORLDWIDE NGL PRODUCTION 10 month average Oct. Sept. Production 2001...

US heating degree days (1).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... US HEATING DEGREE DAYS (1) 2000% change Nov. Nov. from 2001 2000 ...

Oxygenates.(production data for fuel ethanol, Methyl tert-butyl ether)(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... OXYGENATES Fuel ethanol Nov. Oct. YTD YTD 2001 2001 Change 2001 2000 1,000 bbl Production 3,794 3,743...

Additive adds temporary color to clear coat. (Equipment/Software).(Fade-A-Way dye additive)(Brief Article)
February 4, 2002... New Fade-A-Way dye additive, a translucent colorant, helps take the guesswork out of applying the dear top coat by providing temporary color contrast between the top coat and base coat, aiding in uniform application of the clear coat. After...

New engine control system. (Equipment/Software).(Engenius ESM engine system manager)(Brief Article)
February 4, 2002... The new Engenius ESM engine system manager puts gas compression and distributed generation operators in total control of their engines, wherever they may be. A total engine management system, the Engenius ESM is directed by the engine...

Five week delivery available on heat exchanger. (Equipment/Software).(Brief Article)
February 4, 2002... A new fast delivery program for Compabloc all-welded plate heat exchangers is offered by this firm. The program is designed to shorten delivery times to 5 weeks. The program will include a range of seven sizes of heat exchanger with heat...

Meter measures high gas flow rates. (Equipment/Software).(CMF400 meter)(Brief Article)
February 4, 2002... Accurate measurement of high gas flow rates is promised by the new CMF400 meter with MVD Technology. Accuracy of 0.35% and repeatability of 0.20% are provided, with the capability of measuring natural gas, for example, up to 110,000 scfm...

PKN Orlen. (Quick Takes).(contracts with ABB Group to expand ethylene plant)(Brief Article)
February 4, 2002... Poland's PKN Orlen let a $165 million contract to ABB Group for the expansion of an ethylene plant in Plock, about 100 km from Warsaw. ABB will revamp the 21-year-old plant, increasing PKN's annual ethylene capacity to 660,000 tonnes from...

Market movement. (News Letter).(natural gas levels affected by warm winter)(Brief Article)(Statistical Data Included)
February 11, 2002... Return to 'normal' temperatures? The most recent arctic blast across much of the US and Canada has led many to wonder: could natural gas prices be rescued from their sagging levels during an otherwise forgettable heating season? ...

Industry scoreboard.(supply and demand for petroleum products)(Brief Article)(Illustration)(Statistical Data Included)
February 11, 2002... Industry Scoreboard US INDUSTRY SCOREBOARD -- 2/11 4 wk. 4wk. avg. Change YTD Latest week 2/1 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline ...

US Natural Gas. (Industry Trends).(production volumes)(Brief Article)(Statistical Data Included)
February 11, 2002... US NATURAL GAS production volumes for fourth quarter 2001 were down 1.14% vs. fourth quarter 2000, based on a survey conducted by Lehman Bros. of 22 companies--which collectively produce 45% of US gas. These same companies reported a 3.04%...

US Integrated Oil Companies. (Industry Trends).(adjust fourth quarter 2001 net income)(Brief Article)
February 11, 2002... US INTEGRATED OIL COMPANIES' adjusted fourth quarter 2001 net income, meanwhile, is estimated to have fallen of by 56%, to $4.1 billion, according to UBS Warburg analyst Matthew Warburton. "This marks the worst quarterly earnings for the US...

The Global Crude Oil Barrel. (Industry Trends).(global crude oil quality)(Brief Article)
February 11, 2002... THE GLOBAL CRUDE OIL BARREL is not getting more sour says Sarah Emerson, managing director of Energy Security Analysis Inc. Despite the seesaw effect of OPEC production decisions on global crude oil quality, there is little that can move the...

US Oil Companies. (Government Developments).(President Bush waives Sec. 907 of the Freedom Support Act)(Brief Article)
February 11, 2002... US OIL COMPANIES are praising a recent White House decision to conditionally waive a decade-old sanction that blocks official US aid to oil-rich Azerbaijan. President George W. Bush waived Sec. 907 of the Freedom Support Act. Congress put...

The US MMS. (Government Developments).(Minerals Management Service, regulations for floating production systems)(Brief Article)
February 11, 2002... THE US MMS proposed a rulemaking to incorporate by reference into its regulations nine standards regarding floating production systems. MMS explained that adopting the eight API and one American Welding Society standards would enhance its...

Production. (Quick Takes).(resumes in Kuwait following shutdowns)(Brief Article)
February 11, 2002... PRODUCTION has resumed in Kuwait after recent shutdowns curtailed production there. About 600,000 b/d--a third of Kuwait's output--was shut in after an explosion damaged a gathering station, a power plant, and a 300 MMcfd gas booster...

Statoil. (Quick Takes).(five-day shutdown affects North Sea oil production)(Brief Article)
February 11, 2002... Meanwhile, Norway will have lost about 1 million bbl in North Sea oil production from Statoil's 5-day shutdown of Statfjord field and its satellites--Statfjord East, Statfjord North, and Sygna. Corrosion damage to pipe in the flare system on...

Pakistan's privatization commission. (Quick Takes).(auction for working interests in nine producing oil and gas fields)(Brief Article)
February 11, 2002... In other production news, Pakistan's privatization commission will proceed Apr. 15 with a long-delayed auction for working interests in nine producing oil and gas fields. The commission offered interests in the concessions-in Adhi, Badin-I,...

ExxonMobil. (Quick Takes).(Brief Article)
February 11, 2002... PIPELINE PROJECTS IN AFRICA are heating up. ExxonMobil and partners are planning a 650-mile, 24-in. oil pipeline from fields in Chad to an export terminal in Cameroon. The pipeline will facilitate exports from a controversial $3.5...

Chevron Nigeria. (Quick Takes).(Brief Article)
February 11, 2002... Meanwhile, the West African Gas Pipeline also appears to be going forward. The Economic Community of West African States said work would begin in 2003, OPEC News Agency reported. Chevron Nigeria is heading the project, which also...

Maritimes & Northeast Pipeline. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... In other pipeline happenings, Maritimes & Northeast Pipeline has applied to FERC for a $250 million Phase IV expansion to nearly double capacity of its natural gas pipeline from Offshore Nova Scotia to the northeastern US. The proposed...

Gulf of Mexico. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... GULF OF MEXICO development continues apace. ABS currently is providing classification services and facilitating fast-track fabrication and installation schedules for Murphy Oil's Medusa truss spar and for the Dominion-Williams Devils Tower...

Agip Gas. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... Elsewhere in the world, Agip Gas, on behalf of ENI and Libyan state oil company National Oil Corp., has awarded a 1.2 billion euro ($1.03 billion) engineering, procurement, and construction contract for oil and gas production treating...

Yukon Territory. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... YUKON TERRITORY officials have awarded oil and gas exploration rights in the Peel Plateau of northwestern Canada to Hunt Oil Co. of Canada. Hunt plans to spend $1.16 million to explore 155 sections having an area of about 40,200 hectares...

McMoRan Exploration Co. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... Elsewhere on the exploration front, McMoRan Exploration Co. said a well on its Louisiana State Lease 340 flowed 10-20 MMcfd from a 42-ft interval. In addition to the tested interval, the Mound Point well found a laminated sand section at...

Carigali Overseas. (Quick Takes).(Brief Article)
February 11, 2002... Petronas affiliate Carigali Overseas has signed another production-sharing agreement with Equatorial Guinea for Corisco Bay Block N in the Rio Muni basin, said block partner Ocean Energy. Block N covers 678,000 acres in up to 660 ft of water....

Valero Energy Corp. (Quick Takes).(Brief Article)(Statistical Data Included)
February 11, 2002... HEAVY CRUDE tops refining news of interest. Valero Energy Corp. has selected Foster Wheeler USA to provide engineering, procurement, and construction services for the 45,000 b/d delayed coker at its 220,000 b/d Texas City, Tex., refinery....

Another LNG Megaproject. (Quick Takes).(Brief Article)
February 11, 2002... ANOTHER LNG MEGAPROJECT marks progress. Egypt signed an $8 billion, 20-year agreement to supply Gaz de France with 3.6 million tonnes/year of LNG, paving the way for an LNG export plant at Idku, east of Alexandria. BG Group and...