Tuesday, March 27, 2012

North sea gas leak

  • The gas leak from French oil company Total's Elgin oil field in the U.K. North Sea could turn into a lengthy problem for the company, not unlike the challenge BP faced shutting down its leaking well in the Gulf of Mexico two years ago.
  • (Wall Street Journal)
  • Total SA (FP) slumped the most in more than three years as Europe's third-largest oil company battles to contain a gas leak in the U.K. North Sea. Total slid as much as 7.1 percent, the steepest intraday decline since December 2008.
  • (Bloomberg)
  • LONDON (Reuters) - A growing gas cloud from a leak at a platform operated by Total off Scotland has forced Shell to remove some workers from two nearby rigs for safety reasons.
  • (Reuters)
  • LONDON (AP) -- Energy giant Total S.A. and British officials raced Monday to find and contain a gas leak at a North Sea platform off the coast of Scotland.
  • (Yahoo Finance)
  • NEW YORK (MarketWatch) — U.S.-listed shares of Total SA fell 7% Tuesday as investors reacted to weekend gas leak reported in the North Sea, while the broad energy sector failed to keep pace with overall gains in equities.
  • (Marketwatch)
  • LONDON, March 26 (Reuters) - Total UK shut down oil and gas production from its North Sea Elgin platform on Sunday following a gas leak that continued on Monday, the company said.
  • (The Guardian)
  • which has been at the centre of a serious gas leak. The oil giant said the move was a precautionary measure because of drifting gas. The Elgin platform is in the North Sea about 150 miles (240km) off Aberdeen.
  • (BBC News)
  • decided to bring forward maintenance on its Shearwater gas platform in the North Sea from Tuesday after partially evacuating the rig following Totals gas leak, the Anglo-Dutch company said.
  • (Reuters UK)
  • LONDON -(Dow Jones)- Total SA (TOT, FP.PR) has been forced to halt production from a platform in the Elgin gas and condensate field in the U.K. North Sea after a gas leak was discovered onboard Sunday, the French oil major said.
  • (Smart Money)

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