Monthly Archives: November 2010

MARKET WATCH: Crude price falls, but gas climbs above $4/MMbtu

November 1,2010 –Price of the front-month crude futures contract fell 0.9% in the New York market Oct. 29, wiping out its gain from the previous session as the dollar inched up 0.2% against the euro, but natural gas continued to climb, up 4% to more …  More »

MARKET WATCH: Crude price falls, but gas climbs above $4/MMbtu

November 1,2010 –Price of the front-month crude futures contract fell 0.9% in the New York market Oct. 29, wiping out its gain from the previous session as the dollar inched up 0.2% against the euro, but natural gas continued to climb, up 4% to more …  More »

MARKET WATCH: Crude price falls, but gas climbs above $4/MMbtu

November 1,2010 –Price of the front-month crude futures contract fell 0.9% in the New York market Oct. 29, wiping out its gain from the previous session as the dollar inched up 0.2% against the euro, but natural gas continued to climb, up 4% to more …  More »

VESSELS, RIGS, & SURFACE SYSTEMS

November 1,2010 –Versabar Inc. says it has commissioned the VB-10000, a new catamaran heavy?lift vessel. Consisting of twin 240?ft (73-m)?tall gantries mounted on custom?built barges, the vessel lifts with four independent blocks that can be …  More »

VESSELS, RIGS, & SURFACE SYSTEMS

November 1,2010 –Versabar Inc. says it has commissioned the VB-10000, a new catamaran heavy?lift vessel. Consisting of twin 240?ft (73-m)?tall gantries mounted on custom?built barges, the vessel lifts with four independent blocks that can be …  More »

VESSELS, RIGS, & SURFACE SYSTEMS

November 1,2010 –Versabar Inc. says it has commissioned the VB-10000, a new catamaran heavy?lift vessel. Consisting of twin 240?ft (73-m)?tall gantries mounted on custom?built barges, the vessel lifts with four independent blocks that can be …  More »

VESSELS, RIGS, & SURFACE SYSTEMS

November 1,2010 –Versabar Inc. says it has commissioned the VB-10000, a new catamaran heavy?lift vessel. Consisting of twin 240?ft (73-m)?tall gantries mounted on custom?built barges, the vessel lifts with four independent blocks that can be …  More »

OFFSHORE EUROPE

November 1,2010 –Field decommissioning in UK waters could cost more than $30 billion over the next the decades, according to a report by Deloitte and analysts Douglas-Westwood. The estimate encompasses all types of activity including well abandonment…  More »

OFFSHORE EUROPE

November 1,2010 –Field decommissioning in UK waters could cost more than $30 billion over the next the decades, according to a report by Deloitte and analysts Douglas-Westwood. The estimate encompasses all types of activity including well abandonment…  More »

DRILLING & PRODUCTION

November 1,2010 –A group of energy industry risk management professionals met recently in Houston to discuss the program for an upcoming conference on that very topic (more about that later). As the discussion moved around the table, several points b…  More »

DRILLING & PRODUCTION

November 1,2010 –A group of energy industry risk management professionals met recently in Houston to discuss the program for an upcoming conference on that very topic (more about that later). As the discussion moved around the table, several points b…  More »

GULF OF MEXICO

November 1,2010 –At last, some good news from the Gulf of Mexico. On Oct. 12, the federal government conditionally lifted its ban on deepwater drilling in the Gulf. Secretary of the Interior Ken Salazar determined that deepwater oil and gas drilling …  More »