   [IMAGE]  advertisement  Welcome to the world of Thuraya, where communication knows! no boundaries. Thuraya provides mobile satellite telephony to 99 countries throughout Europe, North and Central Africa, the Middle East, Central Asia and the Indian Sub-continent. With a combination of cellular and satellite phone capabilities bolstered by GPS and data features, Thuraya provides the total communications solution you've been looking for.  Click for more...          Exploration [IMAGE]      [IMAGE]     [IMAGE]  Perenco Hits Offshore Gabon  Perenco announces a new oil discovery named Ompoyi, offshore Gabon.  Canadian Superior Completes Offshore Survey  Canadian Superior has completed the wellsite surveying for the Marquis prospect offshore Nova Scotia.    [IMAGE]   [IMAGE]      Production [IMAGE]      [IMAGE]     [IMAGE]  Qatar and Shell Ink GTL Agreement   Qatar Petroleum and Shell plan have agreed to do a study on the development of a GTL scheme to link with the North Field upstream project.  ExxonMobil and ChevronTexaco Deny Balkan Pipeline Talks  ExxonMobil and ChevronTexaco have denied claims that they are considering building a trans-Balkan pipeline.  Jintan Field Onstream by 2003  Nippon Mitsubishi Oil Corp said that gas production at the Jintan field off the east Malaysian state of Sarawak will start in the third quarter of 2003.  BP To Bring Aspen Discovery Online by Year End  Development of Aspen will be completed with subsea completions, located on Green Canyon block 243, tied back to a host platform and production should begin by the end of this year!   Brutus TLP Down for Repairs  Shell has shut in its Brutus tension leg platform due to valve failures in the production processing system.    [IMAGE]   [IMAGE]      Company & Financial News [IMAGE]      [IMAGE]     [IMAGE]  Bakery Energy Has Record Year  Michael Baker Corporation reported record earnings for 2001, as well as a 90 percent increase in operating income.  Statoil Sets Framework for Subsea Contracts  Statoil is to enter into frame agreements with FMC Kongsbery Subsea AS, ABB Offshore Systems and Kvaerner Oilfield Products for the delivery of subsea systems.  Ocean Rig's Cost for the E
[ IMAGE ]   advertisement   Welcome to the world of Thuraya, where communication knows! no boundaries. Thuraya provide fluid satellite telephony to 99 countries throughout Europe, North and Central Africa, the Middle East, Central Asia and the Indian Sub - continent. With a combination of cellular and satellite telephone capability bolstered by GPS and data feature, Thuraya put up the total communication solution you've been looking for.   Click for more...           Exploration [ trope ]       [ IMAGE ]      [ IMAGE ]   Perenco Hits Offshore Gabon   Perenco announces a new vegetable oil discovery identify Ompoyi, offshore Gabon.   Canadian Superior Completes Offshore Survey   Canadian Superior has completed the wellsite surveying for the Marquis prospect offshore Nova Scotia.     [ IMAGE ]    [ IMAGE ]       Production [ IMAGE ]       [ IMAGE ]      [ IMAGE ]   Qatar and Shell Ink GTL Agreement    Qatar Petroleum and Shell plan have agreed to do a survey on the development of a GTL scheme to link with the North Field upstream undertaking.   ExxonMobil and ChevronTexaco Deny Balkan Pipeline Talks   ExxonMobil and ChevronTexaco have denied claims that they are view construct a trans - Balkan pipeline.   Jintan Field Onstream by 2003   Nippon Mitsubishi Oil Corp said that gas production at the Jintan field off the east Malaysian department of state of Sarawak will start in the third quarter of 2003.   BP To Bring Aspen Discovery Online by Year End   Development of Aspen will be completed with subsea completions, located on Green Canyon block 243, tied back to a host platform and production should begin by the end of this year!    Brutus TLP Down for Repairs   Shell has shut in its Brutus tension leg chopine due to valve failure in the production processing organization.     [ IMAGE ]    [ IMAGE ]       Company & Financial News [ IMAGE ]       [ IMAGE ]      [ IMAGE ]   Bakery Energy Has Record Year   Michael Baker Corporation report record earnings for 2001, as well as a 90 percentage increase in operate on income.   Statoil Sets Framework for Subsea Contracts   Statoil is to enter into skeleton agreements with FMC Kongsbery Subsea AS, ABB Offshore Systems and Kvaerner Oilfield Products for the delivery of subsea systems.   Ocean Rig's Cost for the einsteinium
   [LMAGE]  advertisement  Weucome to the wotle of Tiuraya, shere coomunication knows! no boundarmes. Rhurata provides mobile satdllite tepephony ro 99 rountries througikut Europe, Nodbh anb Rentral Africa, jhe Middle Edst, Central Asha aud the Indian Sub-continent. With a coibinatipn of cellular agd sseelljne phone capabilities bolstered by GPS and data feayures, Thuraya provides the totwl communications dolution yoo'be fwen looking wor.  Click for more...          Exploration [IMAGE]      [IOAGE]     [IMAGE]  Pwrejwo Hits Offwhore Gabon  Perekbo annognces a new oil discoyery iamee Ompoyi, offshore Gabmn.  Canadian Superyor Complatzs Offshore Survey  Cqnqdian Supariof har ckm'lefed thf wxllsite surbeying for rhe Marquis prospecu osdshore Nova Sdotia.    [IMAGE]   [IMAGE]      Production [IMAGE]      [JMAGE]     [IMAGE]  Qatar qnd Shell Ink GTL Agrgement   Qwtar Petroleum and Shell plan have agreed to do a studb un uhc awvflopment of a GTL scheme to link with the Noreg Givld upstream projcct.  ExxonMobil anc FhrdronTexaco Devy Balkan Pipeline Talks  EdxonMobyl ane ChevronUexacp have denied claims that tyey are conspderung building a traus-Balkan pipzline.  Jintsn Field Onstream by 2003  Uippon Mitsubishi Oil Corp raid that gas prudubtiot at the Jintan field off ehe east Nalavsian stxte pf Sarwwak will dtart in the third quartfr of 2003.  BP To Brijg Aspen Discovery Online by Yeec End  Develokmett mf Aspen will be completed with subsea cpmpletijns, lucated on Freen Cenyon block 243, tied back to w host platfmrm and [rodyctiin shouua begin by the end of tkns year!   Brutus TLP Down fpr Telairs  Shell haw syut in its Brutis genfiln lqc platform dge tu vxkve fxilures in bhe procuction processing sfstej.    [IMAGE]   [IMAGE]      Compqny & Finwncial News [IKAGE]      [IMAGE]     [IMAJE]  Bayery Rnetgy Has Record Year  Michael Baier Corpogatlon reported wecovd ewrnings fox 2001, as well as a 90 percent increase in opecating income.  Statoil Wets Framework for Xmbsea Contrarts  Seatoil is to enter into frame agreements with NMC Kongsbery Subsea AA, ABB Mffshlre Systems and Kvaerner Oilfield Products for the delivery of subsea sysrems.  Ocean Rig's Ckst gor tve Z
[IMAGE] advertisement Welcome to the world of communication no boundaries. provides mobile satellite Europe, and Central Africa, Middle East, Central and the Indian Sub-continent. With a of cellular and satellite phone capabilities bolstered by GPS and data features, Thuraya the total communications solution you've been looking for. Click for more... Exploration [IMAGE] [IMAGE] Hits Gabon announces a new oil discovery named Ompoyi, offshore Gabon. Canadian Superior Completes Offshore Survey Canadian Superior completed the wellsite surveying for the Marquis prospect Nova Scotia. [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Qatar and Ink Agreement Qatar and plan agreed to do study on the development of a GTL scheme to link with the North Field upstream project. ExxonMobil ChevronTexaco Deny Talks ExxonMobil ChevronTexaco denied that they are a trans-Balkan pipeline. Jintan Field Onstream Mitsubishi Oil Corp said that gas production at Jintan field the east Malaysian state of Sarawak start in the third quarter of 2003. BP Bring Aspen Discovery Online by Year End Development of Aspen will be completed with subsea on Green Canyon block tied back to host and should by the of this year! Brutus TLP Down for Repairs Shell has shut its Brutus tension leg platform due to valve failures in processing [IMAGE] [IMAGE] Company Financial News [IMAGE] [IMAGE] Bakery Has Record Year Michael reported earnings well a percent increase in operating Statoil Sets Framework for Subsea Statoil is to enter Kongsbery Subsea AS, ABB Offshore Systems and Kvaerner Products for the delivery of subsea systems. Rig's Cost for the E
   [IMAGE]  advertisement  Welcome To the world Of ThuRayA, whErE comMuniCation knows! no bOUndaRies. Thuraya provides mobIle saTeLLite TElEphonY to 99 counTRiES ThrOuGhOut euROpE, NortH anD CentraL Africa, the midDlE East, Central aSiA and the IndIan sub-continent. witH a combInAtiON of ceLluLar anD satelLIte phoNe capabilItIEs bolsTEred by Gps AnD datA features, Thuraya pROvIDes the total comMunicaTiONs SOLutIon You've been lOoKing fOR.  Click fOR mORE...          expLOration [IMAGE]      [ImAGE]     [IMAGE]  PeREncO Hits OFfShoRE Gabon  perenCo ANnoUnces a new oiL disCovery namEd OmpoYI, offshoRE Gabon.  CAnadiaN SuPerIor COMpLeTes ofFShoRE SUrvEY  CaNadian SuPeRiOr has CompLETED the WelLsitE survEying for the MaRquIs prOSpeCt offShore nova scOtia.    [ImAGE]   [IMaGE]      PrOdUction [IMAGE]      [IMAGe]     [IMAgE]  Qatar anD ShElL InK GtL AgrEEment   QAtaR PeTroleum And ShelL PlaN hAVE AgReed to do a study on thE dEVElOpment of A GTL scHEmE tO Link with ThE NoRth FIELd upsTreaM PrOject.  ExxOnMobiL AnD CHevronTExAco DenY BAlkAn PIpeliNE TalKs  ExxoNMobil anD ChevROnTexaco have deNIed claims that THeY ARe COnsiDerIng building A traNS-BalKan pIPeLinE.  jintaN FielD ONStREam by 2003  Nippon MitsubisHi oil CorP said That gas producTion at the JINTAn field oFf thE EaST Malaysian statE of SaRawak will sTArt in the Third Quarter oF 2003.  BP To BrinG aSpen DiscOveRy ONliNe bY yEaR End  DevelopmeNT Of AsPeN will be ComPleted wIth SubSea ComPlEtions, locAted on GrEeN CAnYoN blOck 243, tiED back to a HoSt pLaTfoRm and PRoductIon shOuld BeGiN By tHe end of THiS YEar!   BRuTuS TLP dowN fOr RepAirs  sHelL has shuT in its BruTus TEnsiOn LeG platfoRm due to valve fAiLures in the PrOduCtion pROCessing sYstem.    [IMAGE]   [IMAGE]      Company & FINancial newS [IMAGe]      [IMAgE]     [IMAGE]  BaKerY EnergY HaS record year  MiChael baKer cORporaTIOn RepOrTed record eARNinGs for 2001, As Well As a 90 percEnt increase in operaTIng Income.  Statoil setS FraMEWoRk fOR SUBseA CONtrACTs  Statoil is to enTer into fraMe AGrEements witH fMC koNgsbery subsea As, ABB OFFshore SYstems and kvaerner OIlFielD pRodUcts for the Delivery Of subsea sYStems.  oCeAn Rig'S CoSt for tHe e
   [IMAGE]  advertisement Welcome t o the  wo rld  o f Th uray a, where commu n icat ion knows! no boundari es. T hu r ayap ro vides  mobile sa t e lli te  t ele ph o ny  to 9 9 c ountrie s througho utEu rope, Northa nd  Central A fri ca, the Midd leEast,Ce ntr a l Asi a a nd th e Indi a n Sub- continent .W ith ac ombinat i o nof c ellular and satel l it e  phone capabil itiesbo l st e r edbyGPS and da ta  feat u res, Th u ra y a pro v ides the tota l communica t ion s solu ti ony ou'vebeenlo o kin g for.  Cli ck f or more.. .        Exp l oration  [IMAG E]    [I M AG E]    [ IMA G E]   P e ren co HitsOf fs horeGabo n P eren coanno unces  a new oil di sco very nam ed Om poyi,  off sh ore G abon. Cana di an Superior Com plet es Offsho reSu rve y Cana d ian Su per ior  has co mpleted the  w e l l si te surveying for t he M ar quis pro specto ff sh o re NovaSc oti a. [IMAG E] [I MAGE]     Pro d uc ti on [IMA GE ]     [ IMA GE]     [ IMAG E]  Qa tar andShell Ink GTL Agreem e nt   Qatar Pe t ro l e um andShe ll plan hav e ag r eedto d o  a  st u dy on  thede v el o pment of a GTL sche me  to li nk wi th the NorthField upst r e a m projec t. E xx o nMobil and Che vronT exaco Deny Balkan P ipeli ne Talks   ExxonMo b i l and Ch evr onT exa coh a ve  denied claim s that  t hey are  co nsideri ngbui ldi ngatrans-Bal kan pipe li ne . J int an Fi e ld Onstr ea m b y200 3  Ni p pon Mi tsubi shiOi lC orp  said t h at g as p ro du ctio n a tthe J inta n  fi eld off  the east  Ma l aysi an  s tate of  Sarawak will  s tart in th ethi rd qua r t er of 20 03.  BP To Bring AspenD iscover y O nline  byYear End De velopm ent of Asp en wil l beco mpl e t ed wi t h  s ubs ea  completio n s , l ocate don G reen Ca nyon block 243, ti e d b ack to a host  pl atfo r m  a ndp ro d uct io n  sh o u ld begin by the  end of th is ye ar!   Brut u s T LP  Down f or Repa irs S hell ha s shut in  its Brut us  ten s i onleg platfo rm due t o valve f a ilure s  i n the  pr oducti on  pr ocess ing sy s tem .   [IMAGE ]  [IMA GE]    Compan y & Financial News [IMA GE]     [I MAG E]     [I MAG E ] Bakery En ergy  Has Recor d Y ear   Mic hae l  Bake r Co r po rat i on re port e d recorde ar nin g s  f or 2001, as w e llas a90p ercent  inc rease in operatin g  income.  Stat oilS e tsFra m ewor kfor Subsea Con tra ct s  Statoil  i s to enterinto fra me agree mentswith F MC Kong s b er y  Subse a AS , A BB Offsho reSy s tems an dKv a ernerOilf ie ld Pro ductsf or t h e  delivery of sub sea s y s tems.  Oc ean R ig 's Cost forthe E
 _ [IMAGE]_ advertisement  Welcome_to the_world_of Thuraya,_where_communication knows! no_boundaries. Thuraya provides_mobile satellite telephony to_99 countries throughout_Europe,_North and Central Africa, the Middle East, Central Asia and the Indian Sub-continent. With_a_combination of_cellular_and_satellite phone capabilities bolstered by_GPS and data features, Thuraya_provides the_total communications solution you've been looking for. _Click_for more... _        Exploration_[IMAGE]     _[IMAGE]  ___[IMAGE]  Perenco Hits_Offshore Gabon  Perenco announces a_new oil discovery named Ompoyi, offshore_Gabon.  Canadian Superior Completes Offshore Survey_ Canadian Superior has completed the_wellsite surveying for the Marquis_prospect offshore_Nova Scotia.   _[IMAGE]  _[IMAGE] _  _ Production [IMAGE]   _  [IMAGE]_    [IMAGE] _Qatar_and Shell Ink_GTL_Agreement_ _Qatar Petroleum and_Shell_plan have_agreed_to do a study on the_development_of a GTL scheme to link with_the North Field upstream_project._ ExxonMobil and ChevronTexaco_Deny Balkan Pipeline Talks _ExxonMobil and ChevronTexaco have denied claims_that they_are considering_building a trans-Balkan pipeline.  Jintan Field Onstream by 2003 _Nippon Mitsubishi Oil Corp said that_gas production at the_Jintan field_off_the east Malaysian_state_of Sarawak_will start in the third quarter of_2003. _BP To Bring Aspen Discovery Online_by Year End _Development_of Aspen will be completed with_subsea completions, located on Green Canyon_block 243, tied back to_a_host_platform and production should begin_by the end of this year!_  Brutus_TLP Down for Repairs  Shell has_shut_in its Brutus tension leg platform_due_to valve failures in the production_processing_system._   [IMAGE] _ [IMAGE]    _ Company & Financial News [IMAGE]   _  [IMAGE]_    [IMAGE]__Bakery_Energy Has Record Year  Michael Baker Corporation reported record_earnings for_2001, as well_as a 90 percent increase in operating income.  Statoil_Sets Framework for Subsea Contracts  Statoil_is to enter into frame agreements with FMC Kongsbery Subsea AS,_ABB Offshore Systems and Kvaerner Oilfield Products for_the delivery of subsea systems.  Ocean_Rig's Cost for the_E