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Internet Inquirer
	Turbulent times ahead for US Gulf's next wave (Thursday, May 08, 2008) Delays and skyrocketing costs in several ultradeepwater Gulf of Mexico projects have been offset to a degree by healthy prices for crude oil, a panel of industry leaders said at OTC yesterday ...
	Dockwise subsidiary takes delivery of mv TALISMAN (Thursday, May 08, 2008) Following the delivery of mv "Transporter" in May 2007 and mv "Target" in December 2007, the third vessel out of a series of six mv "Talisman", now joins the fleet of Dockwise Transport ...
	Petrobras features tech for Roncador field at Offshore Technology Conference (Thursday, May 08, 2008) During OTC, Petrobras will feature technologies it developed for the Roncador field, in the Campos Basin ...
	New tool with speedy predictions of how heavy weather will affect risers, mooring and umbilicals (Thursday, May 08, 2008) In order for offshore operations to cope with more extreme weather conditions, DNV has developed the new Riser Production Line software suite ...
	The Platts pre-report survey estimates suggests 1.5 million barrel build in U.S. oil stocks (Wednesday, May 07, 2008) Analysts expect US commercial crude oil inventories to show a 1.5 million barrel build when the Energy Information Administration (EIA) and American Petroleum Institute (API) release weekly data on Wednesday ...
	Unprotected diesel engines fuel explosion risk offshore (Wednesday, May 07, 2008) Most oil and gas companies operate safely offshore, or at least that is the intention.  By managing the risk of explosion correctly, it is likely that the oil company will maintain the flow of oil without incident ...
	RPSEA announces projects for the ultra-deepwater program (Wednesday, May 07, 2008) The Research Partnership to Secure Energy for America (RPSEA) announced that eight proposals have been selected for negotiations leading to an award under the Ultra-Deepwater (UDW) Program ...
	Countdown to carbon cut date . . . (Wednesday, May 07, 2008) Ambitious strategies designed to create a 20% reduction in Europe’s carbon emissions by the year 2020 – far from an assured goal – will be more than offset by projected emissions from China and India, the chief economist for the International Energy Agency said yesterday ...
New & Expanding Business
	Global Highland announces 1.8 million contract extension (Wednesday, May 07, 2008) Global Highland has been awarded a contract extension worth £1.8 million by The Highland Council ...
E&P Hotline
	Drilling commences on the first of a multi-well program in the Fetter Field (Thursday, May 08, 2008) American Oil & Gas, Inc. has recently commenced drilling the Hageman 11-22 well, located in the NESW of section 22, T33N-R71W, Converse County Wyoming ...
Rig Market
	Baker Hughes announces April 2008 Rig Counts (Wednesday, May 07, 2008) Baker Hughes Incorporated announced that the international rig count for April 2008 was 1,074, up 20 from the 1,054 counted in March 2008 ...
Mergers & Acquisitions
	KBR announces plans to acquire BE&K, Inc (Wednesday, May 07, 2008) KBR has signed a definitive agreement that allows the company to proceed with plans to acquire 100% ownership of BE&K, Inc ...
Firms & Faces
	Petrofac opens training center in Houston (Wednesday, May 07, 2008)