Energy & Oil
Energy & OilArgentina confirms drilling in Malvinas basin for next December
The Argentine press confirmed that following the contracting of a semi-submersible rig from the Swedish company Stensa, a consortium of Argentine based oil companies will begin exploratory drilling in the Malvinas basin next December.
Argos confirms Falklands’ waters exploratory oil drilling for second half of 2011
In the first six months of 2010 Falkland Islands based Argos Resources has made significant progress in developing its PL001 Licence in the North Falkland Basin, to anticipate it will begin an exploratory hydrocarbons drilling campaign in the second half of 2011.
Falklands’ Desire ‘exited’ about prospects plans to drill four more wells
Falkland Islands Desire Petroleum (AIM-DES) is upbeat about the prospects for finding major reserves of oil offshore the Islands despite mixed results so far and revealed plans to further drill four wells in the North Falkland basin.
Chilean rig at east access of Magellan Strait catches fire: all crew saved, no spill
A Chilean-operated oil rig off Argentine Patagonia in the South Atlantic caught fire early on Wednesday, forcing all its eight workers to evacuate by rafts and oil production to shut down, reported the Argentine navy.
Flow tests begin to probe commerciality of Falklands’ oil discovery
The North Falkland oil and gas exploration company Rockhopper Exploration plc (AIM: RKH) announced Monday that the Ocean Guardian drilling rig is on location at the Sea Lion prospect where oil was discovered in a drilling last April/May. Operations now are concentrated on the flow test of the Sea Lion main and lower fans.
Falkland Islands: Oil activities still remain encouraging
THE offshore oil drilling rig Ocean Guardian continues its work at Rockhopper Exploration’s Sea Lion well, where hydrocarbons were encountered earlier this year. The well at that time was suspended for re-entry and testing.
Gulf of Mexico oil/gas production platform catches fire: “no spill” says operator
A well connected to an oil and gas production platform caught on fire in the Gulf of Mexico Thursday, engulfing the vessel in flames about 100 miles off the central coast of Louisiana and forcing 13 people overboard, Gov. Bobby Jindal said.
Lula da Silva signs contract for controversial dam in the Amazon basin
Brazilian President Lula da Silva signed Thursday the contracts for the Norte Energia consortium to start construction of a controversial hydroelectric dam in the Amazon basin.
Falklands: Rockhopper ready to begin well flow-test of oil discovery
Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company is ready to begin a flow test on the Sea Lion discovery which should give an early indication of the production potential of the reservoir sands.
Chilean trapped miners families file lawsuit against the state and mining company
Families of 24 of the 33 Chilean trapped miners in the San José mine have filed a lawsuit against the state and the mining company, seeking compensation and justice.
