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Welcome to our bumper March edition of Bright spots. This edition includes:
Topical
Technnical
We are pleased to present our
latest upstream wall maps, which were released in
February 2007. These A1 wall maps are available for you
to download and print from our
website at no cost.
Alternatively, to request an A1
printed copy please fill in our
contact
us
form.
Our maps illustrate the extent
of PetroView's coverage in specific regions and the
depth of information available within each.
(The screenshot is an example of this new map)
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The current mainstream corporation tax rate of 30%
for large companies will remain unchanged in respect of
North Sea oil and gas activities from 1 April 2008.
Instead, new rules will be introduced to set the main
rate of corporation tax on oil and gas ring fence
profits for large companies at 30% from 1 April 2008
(28% for all other large companies).
To read Deloitte’s comments on the budget, please
visit our
budget website.
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Representatives of the gas industry from across
Europe expressed collective lack of support for further
consolidation within the industry. Only 6% of the
delegates surveyed by Deloitte at Europe’s largest gas
conference, FLAME, believed Europe’s competitive
strength in global energy markets would be improved
through further consolidation.
To find out more, please visit our website to read
the
full press release.
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Media coverage of recent events in Russia has tended
to focus attention on the hazards of investing in the
oil and gas industry in the country. Yet despite this,
we continue to see a high level of interest in new
projects from the international oil and gas industry.
The aim of this article is to explore this paradox and
to explain why the enthusiasm for Russian oil and gas
continues.
To read the
full article, please visit our website.
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This standard PetroView Module allows users to access
the TGS-NOPEC catalogue of well logs and other
borehole-related data via an online data access tool,
LOG-LINE Plus!®. Geographic coverage originally focused
on the Gulf of Mexico. This coverage has been
significantly expanded, enabling TGS subscribers to link
directly to the matched log suite and other borehole
products for numerous oil and gas sectors, including the
UK Continental Shelf, Russia, Canada, Nigeria, and other
key African locations.
For additional information about this link contact:
Graham Sadler,
Products Director - Petroleum Services, Deloitte
Jim Raggatt,
International Account Manager - TGS
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The 2007 edition of the Indonesia Upstream Petroleum
Report (UPR) is now available to purchase. The Indonesia
UPR is a six volume publication, produced annually and
is considered to be a definitive report on upstream
activities in Indonesia. It includes comprehensive data
and analysis on companies, licences, wells, fields and
reserves and discounted cash flow analysis by PSC and
consolidated by company.
The 2007 edition of the UPR also includes a
complementary copy of our new
Fiscal & Regulatory Guide for Indonesia.
For more information on the UPR, please visit
our website or contact
Simon Crellin.
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Indonesia 2007 blocks awards
Nine of the twenty "Regular Tender Blocks" from
Indonesia's 2006 bidding round were awarded on March
2nd, 2007. The remaining blocks are expected to be
re-offered in the next bidding round. The latest
information on these nine block awards can be accessed
in the March release of the PetroView Asia Pacific
dataset.
New offshore China blocks on offer
In March 2007, China National Offshore Oil Corp offered
22 new offshore blocks for bidding. These "open" blocks
can be viewed in the March release of the PetroView Asia
Pacific dataset and further information is also
available on
CNOOC's website. CNOOC made 13 blocks available in
2006, of which two were successfully awarded.
Asia Pacific and South Asia Field and Licence Notes
modules - January 2007 release
The January 2007 release of the PetroView Field and
Licence Notes modules for the Asia Pacific and South
Asia datasets are now available. These optional modules
contain detailed textual information on fields and
licences, supplementing the existing data within the
standard PetroView browser tables. The data has been
built up by our industry experts over many years,
providing PetroView users with greater insight and
understanding of a region.
For more information on
PetroView, please visit our website.
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