Killajoules

Oil discovery in the Mercury-1 exploration well offshore Sierra Leone
Anadarko Petroleum Corporation (NYSE: APC) today announced the Mercury-1 exploration well offshore Sierra Leone encountered approximately 135 net feet of oil pay in two Cretaceous-age fan systems. Mercury is the company's second deepwater test in the Sierra Leone-Liberian Basin and was drilled to a total depth of approximately 15,950 feet in about 5,250 feet of water.

Baker Hughes Awarded Eight-Year ESP Contract in Ecuador
Baker Hughes (NYSE: BHI) announced today it was awarded a $137-million, eight-year contract extension from Repsol for the exclusive supply and maintenance of electrical submersible pumping (ESP) systems in Ecuador’s Block 16 and Tivacuna production areas. The award covers 200 wells in which Repsol requires ESP systems to maximize production.

Repsol signs a multiyear LNG supply agreement with Qatargas
Repsol and Qatargas today signed a multiyear LNG agreement under which Qatargas will supply LNG to Repsol Energy Canada Ltd. at the Canaport™ LNG facility in Saint John, New Brunswick. The agreement was signed at Qatargas’s headquarters in Doha (Qatar).

Repsol and Sinopec form an alliance in Brazil
Repsol and China’s Sinopec have entered into an agreement to jointly develop the projects of Repsol Brasil, the upstream subsidiary of Repsol in Brazil, creating one of Latin America’s largest energy companies, valued at $17.773 billion.