Norway’s Statoil ASA, which has extensive drilling operations in the Gulf of Mexico, has joined the Marine Well Containment Co. (MWCC), which was formed after the Macondo well blowout to improve capabilities to contain future underwater well control incidents. “Our membership underpins Statoil’s continued and strong commitment to the Gulf of Mexico,” said Statoil’s Bill Maloney, executive vice president, North America development and production. “The equipment and capabilities developed by MWCC are important to build confidence and ensure safe deepwater operations as we resume drilling in the area. Statoil plans to actively contribute…” The MWCC’s interim well containment system now is capable of operating in water depths of up to 8,000 feet and processing up to 60,000 b/d of fluid. Work is under way to expand the system for delivery in 2012 to operate in water depths of up to 10,000 feet and process up to 100,000 b/d of fluid. MWCC members include U.S. offshore units of ExxonMobil Corp., Chevron Corp., ConocoPhillips, Royal Dutch Shell plc, BP plc, Apache Corp., Anadarko Petroleum Corp. and Australia’s BHP Billiton.
Extensive
Articles from Extensive
Federal Regulators Draw Flak on Cost-Benefit Issue
Federal regulators came under attack on Capitol Hill last Thursday for allegedly not carrying out extensive cost-benefit analyses of the rules that they are proposing to implement under the Dodd-Frank Wall Street Reform Act.
Obama’s Oil, Gas Tax Credits Repeal to Have ‘Grave Economic Consequences’
The Obama administration’s proposal to repeal two major oil and natural gas tax credits — the Section 199 and dual capacity deductions — would produce extensive economic losses over the upcoming decade, said an economist with Louisiana State University.
House Panel to Vote on Hydrofracing Amendment Thursday
An amendment by Rep. John Fleming (R-LA) seeking to strike a provision allowing federal regulation of hydraulic fracturing (hydrofracing) activities on federal lands fueled an extensive debate during mark-up of a broader bill by the House Natural Resources Committee.
Producers Protest Sea Robin’s Proposed Hurricane Surcharge
ExxonMobil Gas & Power Marketing and Hess Corp. have filed a protest at FERC against an attempt by Sea Robin Pipeline Co. LLC to collect a surcharge for extensive damages it incurred during Hurricane Ike last September and to install a mechanism to regularly institute surcharges for costs to repair damage from disasters beyond amounts covered by insurance.
Producers Protest Sea Robin’s Proposed Hurricane Surcharge
ExxonMobil Gas & Power Marketing and Hess Corp. have filed a protest at FERC against an attempt by Sea Robin Pipeline Co. LLC to collect a surcharge for extensive damages it incurred during Hurricane Ike last September and to install a mechanism to regularly institute surcharges for costs to repair damage from disasters beyond amounts covered by insurance.
Pipelines Perfecting Stakeholder Outreach
Pipeline companies are putting much more emphasis on stakeholder outreach in their plans for pipeline construction, including extensive communication with all stakeholders as part of early planning right on through construction. And they are incorporating changes where possible to address issues raised by state and local governments, advocacy groups and property owners.
Pipelines Perfecting Stakeholder Outreach
Pipeline companies are putting much more emphasis on stakeholder outreach in their plans for pipeline construction, including extensive communication with all stakeholders as part of early planning right on through construction. And they are incorporating changes where possible to address issues raised by state and local governments, advocacy groups and property owners.
El Paso Sets Record Pipeline Budget, Steps Up Projections for E&P
El Paso Corp. Thursday set a record capital budget for its extensive pipeline business and said it plans to launch an open season for its proposed east-to-west Ruby pipeline in February.
El Paso Sets Record Pipeline Budget, Steps Up Projections for E&P
El Paso Corp. Thursday set a record capital budget for its extensive pipeline business and said it plans to launch an open season for its proposed east-to-west Ruby pipeline in February.
