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  • Industry experts say Opec's spare oil supply capacity is nearer to 2mn b/d than the 4mn b/d claimed, and that the cartel will not be able to fully replace Iraq's present 2.5mn b/d output in the event of war.

    • Availability: Online
    • Record type: News Item

  • Petrodata Research has announced new findings that suggest that high oil prices may have come too late to avert both a failure in non-Opec oil supply growth and a new rig market shortage in 2001.

    • Availability: Online
    • Record type: News Item

    • Availability: In the library
    • Record type: Book

  • PanCanadian Petroleum, has struck a US$211m deal with BP Amoco to acquire its interests in the Scott and Telford oil fields in the UK central North Sea which will bring it production of about 14,000 b/d of light oil and 9m cf/d of gas from Scott. PanCanadian is swapping interests with BP Amoco in ot...

    • Availability: Online
    • Record type: News Item

  • Shell plans to spend more than £50m developing the Gannet field and drilling new wells at its Kingfisher and Curlew fields. Gannet field will probably begin production of oil in the third quarter of the new year, at a rate of 15,000 barrels per day.

    • Availability: Online
    • Record type: News Item

  • Britain is now importing more gas than it produces from declining North Sea gasfields. Gas is being piped over from Norway and Belgium, while ships carrying liquefied gas arrive from Africa and the Middle East. There is currently a gas glut in Europe due to the availability of liquefied natural gas ...

  • UK safety officials have begun a crackdown on elderly North Sea oil and gas rigs which highlights the seriousness with which regulators are treating the industry since the Deepwater Horizon spill. In the UK, the Health and Safety Executive (HSE) will start a new round of inspections, warning the ind...

    • Availability: In the library
    • Record type: Book

  • Expro International has clinched a contract worth in excess of Stg45m pounds to provide well services to Shell UK in the North Sea. The five year contract begins immediately and covers a total of nine platforms.

    • Availability: Online
    • Record type: News Item

  • The world is still drawing down its oil reserves faster than ever and, even assuming no growth in demand, it is likely that by the end of this decade Opec will have to be in a position to increase its output by over 1mn b/y every year to offset declines in non-Opec output. This is one of the conclus...

    • Availability: Online
    • Record type: News Item

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