Showing posts with label Keppel Corp. Show all posts
Showing posts with label Keppel Corp. Show all posts

Monday, November 23, 2009

UO

Iraq expansion and IEA call may stifle oil prices

Irakin voi hyvinkin kolminkertaistaa tuotantonsa 6 miljoonaan tynnyriin päivässä, globaalin tuotantoon tuo merkkaisi n.5% kasvua.

Heritage sells Ugandan assets to Eni

Mielenkiintoinen veto. Yhtiön johto lupaa kaupan johdosta 75-100 pencen kertaluonteista osinkoa, mikä tarkoittaisi jopa 20% osinkotuottoa ja kaupan jälkeenkin yhtiöön jää korkean potentiaalin blokkeja mm. Kongoon. Osakkeen reaktio myyntiin on oudon vaisu: LSE-osake laskee ja TSX-osake on kaksi prosenttia plussalla.

HOC on alusta lähtien ollut korkean riskin yhtiö toimien poliittisesti epävakailla alueilla kuten Ugandassa, Kongossa, Kurdistanissa ja Venäjällä ja yhtiön perustajan henkilöhistoria on vähintäänkin värikäs. Mutta riskinotto on viisi vuotta sitten osakkeensa ostaneelle ollut kannattavaa ja tuotto korkeaa(kurssi nousu Venturen osakkeella 800%).

Keppel scores Brazil work for Noble

Tekeekö tämä Brasiliassa tehtävä päivitys nyt näistä riittävässä määrin brasilialaisia jolloin nämä täyttävät Petrobrasin paikallisuus vaatimuksen? Noble ei ole tehnyt tästä vielä tiedotetta.

Gulf Keystone hits more pay in Iraq

Keppel to build Vietnam’s first semi-submersible drilling tender for about US$200 million

Mexico eyes risk contracts to offset Cantarell downturn

"Mexico’s state-owned Petroleos Mexicanos and the Secretaria de Energia (Sener) are preparing risk contracts that will be offered to oil companies—international and domestic—in order accelerate the search for oil and gas, according to local media."


Tertzakian: The silence of the bulls and natural gas prices

Another new oil formation for North Dakota?
"The Birdbear is a thin oil formation — only a few feet — locked within muddy limestone and dolomite more than 2 miles underground, immediately beneath the rich Bakken shale and Three Forks-Sanish formations in North Dakota, said Julie LeFever, a geologist with the state Geological Survey in Grand Forks."


Birdbear ei ole Williston-basinin operaattoreille mikään uusi tuttavuus, mutta horisontaaliporaus muuttaa tuonkin kerroksen tuotantoprofiilin. Birdbear ei taida tarvita frakkeja kuten Bakken.

Husky Announces Successful Exploration Drilling and Land Auction Results Offshore Eastern Canada
"The North Amethyst E-17 well was drilled in the fall of 2008 to delineate the Ben Nevis Avalon Formation (the producing formation at White Rose) and to explore the potential of a second, deeper horizon called the Hibernia Formation. The Hibernia Formation encountered 55 metres (net) of high quality, oil-bearing reservoir containing an estimate of discovered PIIP (Petroleum-Initially-In-Place) of 30 to 85 million barrels (best estimates of 60 million barrels) of light crude oil. Initial studies indicate that these resources could be developed from the recently installed satellite infrastructure at North Amethyst."


Veden syvyys 120 metriä eli jackuppien ulottuvilla, mutta muistaakseni tuolla poraa joku Transoceanin semi. Itä-Kanadan rannikolta ei ole vuosiin tehty juurikaan uusia löytöjä vanhojen White Rose, Terra Nova ja Hebron-kenttien lisäksi.
Huskylla on muutama blokki Grönlannin länsi-rannikolla.

KORJAILTU 24.11.2009

Friday, January 9, 2009

2 x Cancellation

Scorpion cancells it's order for a deep water semisubmersible and Lewek Shipping scrappes it's order for a multi-function support vessel.

To my surprise SDRL continues with construction of the four premium jackup's:
"Seadrill has agreed with the PPL Shipyard and Keppel FELS to make certain amendments to the construction agreements for four new jack-ups entered into in June last year.

Seadrill initially ordered two jack-ups at the PPL Shipyard and two jack-ups at Keppel FELS for delivery scheduled in 2010. In the amendments to the existing contracts the yards have agreed to postpone all remaining milestone payments for the second units to be built at both yards until delivery and revise the milestone payment schedule for the first two units. Seadrill has agreed to issue corporate guarantees for the remaining instalments on the first two units, however, no corporate guarantees have been provided for payments of the second units at the yards. As such, the construction of all four newbuilds will continue under the project supervision of the current project teams sponsored by Seadrill.

Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS, says, "These amendments to the existing contracts mirror Seadrill's strong industrial relationship with the Singaporean yards. We are confident that these arrangements serve the best interests of the involved parties."