Rescuers on Friday were attempting to reach a life raft containing a 10-member crew that was forced to abandon ship in the fury of Tropical Storm (TS) Nate in the southern Gulf of Mexico. Geokinetics Inc. said three of its workers and seven contractors had been aboard the Trinity II to support an ocean bottom cable project in the Bay of Campeche. The company said the storm disabled the ship Thursday and the crew was last seen boarding a life raft. Houston-based Geokinetics, which performs seismic testing for the oil and gas industry, said rescuers were attempting to reach the crew but were hampered by the inclement weather. “The safety and welfare of our employees is paramount and we are coordinating with maritime authorities to expedite the rescue effort as we continue to gather the facts,” said Geokinetics CEO Richard Miles. Mexico’s state-owned petroleum company, Petroleos Mexicanos (Pemex), said it had dispatched two ships to search for the workers off the coast of Tabasco state.
Articles from Containing
Engineers and executives were watching closely Friday afternoon to see whether a cap that was containing the flow of oil from BP plc’s disastrous Macondo well in the Gulf of Mexico would continue to work. While early indications were positive that the the temporary fix was a success, later pressure readings suggested the well could be leaking elsewhere.
FERC Friday reported that it lost a binder containing the personal information of 2,810 employees, including commissioners, who had left government service between October 1983 and August 2007.
The policy portion of the broad energy bill containing key natural gas and electricity initiatives may have made its farewell appearance on the Senate floor for the year last week, as senators voted not to invoke cloture on an amendment that sought to piggyback energy policy provisions to unrelated legislation banning Internet access taxes. This was the latest and perhaps biggest setback in what has been a string of setbacks for the energy bill in the Senate this year.
A railcar containing ammonia and two other chemicals exploded Friday morning at a BASF chemical plant in Freeport, TX, Four employees who received only minor injuries, reportedly were the only casualties. The explosion, which rocked homes and businesses as far away as 50 miles, shut down nearby highways, and area schools and residents were ordered to remain inside because of possible gas clouds.
EEX Corp. agreed to sell nearly all of its properties in EastTexas and North Louisiana, containing 250 Bcfe of proved naturalgas reserves, to Cross Timbers Oil Co. for $265 million. Theeffective date of the sale is Jan. 1, 1998 with closing expected inthe second quarter.