Oil &Gas UPDATE
July 2012
TABLE OF CONTENTS
INDUSTRY ANALYSIS
OVERVIEW
Oil Trade Creates Boom in Storage Market
U.S.
Texas, Sierra Club Take Aim at EPA Push to Change Texas Air Pollution Regulation System
EPA Sets Tougher SO2 Standard
Federal Regulators Pull Two New Drilling Permits in Gulf of Mexico
ENGlobal to Perform FEED for $90 Mln East Cheyenne Gas Storage Project
Perryville Gas Storage Closes $125 Mln Financing
Alyeska, Trans-Alaska Pipeline Is Target of Eight Federal Enforcement
Oceaneering International Says Drilling Restrictions will Slash 2010
DEP Orders EOG Resources to Cease Gas Drilling in Pennsylvania
Federal Regulators Set Out New Drilling Rules
An Analysis - Winners and Losers in the Gulf
Senate Resolution Would Overturn EPA's 'Endangerment' Finding
Laurus Energy, CIRI Plan Alaska Gasification Project
EPA Pulls ECF Rule
Actor, Kevin Costner's Anti-oil Machines to be Deployed by BP
Future of Transocean Less Clear than BP
Records Show BP Rig Missed Inspections
Air Products Wins $253 Mln in DOE Funding for CCS Project at Texas Refinery
BP Hopes Second Containment System will Help Stem the Flow
Interior Dept Inspectors Fall behind as Agency is Unable to Adjust to Energy Technology
U.S. Oil Spill could Boost Rig Manufacturers
Judge Rejects Obama Move on Drilling Moratorium after BP Spill
BP’s Liberty Oil Well in Alaska to Face New Safety Rules
Methane in Gulf "astonishingly high" According to U.S. Scientist
PAA Natural Gas Storage Holds Open Season for Pine Prairie Facility
TCEQ Investigates Gas Pipeline at Old Fort Worth Landfill Site
CANADA
Spectra to Build Gas Plant in NE British Columbia
Keyera Facilities to Invest $65 Mln to Expand Processing Presence in Alberta
Willbros to Build Alberta Interconnecting Pipelines
BRAZIL
Odfjell Invest Secures Pre-agreement with Petrobras for Long Term Deep Water Contract
Brazil Latest Nation to Rethink Their Offshore Drilling Program after BP Disaster
COLOMBIA
Gran Tierra Energy Announces Successful Acreage Awards in Colombia
VENEZUELA
Venezuela Seizes Oil Rigs Owned by U.S. Company Helmerich & Payne
ASIA
CHINA
Honeywell to Provide Control, Safety Systems for 8,704 km West-to-East II Pipeline
Rolls-Royce Wins PetroChina Contract to Bring Gas to Beijing
CHINA / KAZAKHSTAN
CNPC and JV Partner to Build 1,400 km, 2nd Phase of China-Kazakh Pipeline
CHINA / UZBEKHISTAN
Uzbekneftegaz and Chinese CompanySign JV Agreement to Manufacture Oil Field Equipment
INDIA
India Identifies Coal, Lignite Blocks for Gasification Project
RIL to Invest $3 Bln to Expand Jamnagar Unit
JAPAN
Saudi Aramco, Japan Sign Okinawa Storage Deal
MYANMAR (BURMA)
CNPC Begins Work on Pipeline from China to Myanmar
THAILAND / CHILE
Alstom Signs $157 Mln Long-Term Service Agreements with GDF SUEZ
EUROPE / AFRICA / MIDDLE EAST
FRANCE
French Govt Selects France Nord CCS Project for Possible Demo Facility
NORWAY
Technip Awarded a Subsea Contract for the Marulk Project in Norway
Gassnova, Statoil Set to Begin Prequalifying CO2 Capture Suppliers for Mongstad
PGNiG Norway Expands Operations on Norwegian Shelf
Statoil Awards FMC Technologies $70 Mln Pan Pandora Contract
UNITED KINGDOM
Subsea UK Warns Oil Spill will Impact Industry
OHM Bags $1 Mln CSEM Bridge Energy Contract in North Sea
Marine Subsea Awarded North Sea Contracts
KENYA
EAC Contracts for $561,700 Tanzania-Kenya Gas Pipeline Study
NIGERIA
Nigeria’s Spill Scourge of 546 Mln Gallons is Five Decades Old
SOUTH AFRICA
South Africa Issues Exploration Rights for Coalbed Methane Gas
TANZANIA
Ophir Energy Announces Award of Tanzanian Deepsea Drilling Rig Contract to Odfjell
SAUDI ARABIA
Saudis Complete $100 Bln Oil Expansion Plan
YEMEN
Yemen Oil Pipeline Blown Up After Official Dies in Airstrike