BHI: Permian leads 15-unit jump in US rig count

The US drilling rig count’s surge continued during the week ended Apr. 7 with another 15-unit increase, according to Baker Hughes Inc. data. Twelve of those units started up in the Permian basin. Source: News


Karoon lets contract for Echidna field development off Brazil

Karoon Petroleo & Gas, a Brazilian subsidiary of Karoon Gas Australia Ltd., Melbourne, has let a multiyear contract to Wood Group for the engineering services for full field development of Echidna oil field in the Santos basin offshore Brazil. Source: News


Todd Energy buys Shell’s interest in Kapuni gas field

Royal Dutch Shell PLC has agreed to sell its 50% interest in Kapuni natural gas field, onshore in Taranaki basin on New Zealand’s north island, to its joint venture partner Todd Energy. Financial details were kept confidential. Source: News


Chinese firm lets contract for Tianjin petchem complex

State-run Tianjin Bohua Chemical Development Co. Ltd. (TBCD), Heping District, Tianjin, has let a series of contracts to CB&I, Houston, to provide technology licensing for units to be built as part of a grassroots petrochemicals plant to be cited at the Bohai Chemical Industry Park in northern China’s Tianjin Port Economic Zone. Source: News