Global Oil News
Warships from three nations call Iran's bluff in the
Gulf
January 24, 2012
THE United States, Britain and France delivered a pointed message to Iran, sending six warships led by an aircraft carrier through the sensitive waters of the Strait of Hormuz.
The deployment challenged Iranian threats to close the waterway and coincided with an escalation in the West's confrontation with Iran over the country's nuclear ambitions.
European Union foreign ministers were expected to announce an embargo on Iranian oil exports overnight, amounting to the most significant package of sanctions yet agreed.
They are also likely to impose a partial freeze on assets held by the Iranian Central Bank in the EU. Tehran has threatened to block the Strait of Hormuz, where tankers carrying 17 million barrels of oil pass through every day, in retaliation.
The USS Abraham Lincoln, a nuclear-powered aircraft carrier capable of deploying 90 aircraft, entered the Gulf without incident.
All three countries retain a permanent military presence in the Gulf, but a joint passage through the Strait of Hormuz by all their respective navies is highly unusual. The flotilla will have passed within a few miles of the Iranian coastline.
Source: Telegraph
January 24, 2012
THE United States, Britain and France delivered a pointed message to Iran, sending six warships led by an aircraft carrier through the sensitive waters of the Strait of Hormuz.
The deployment challenged Iranian threats to close the waterway and coincided with an escalation in the West's confrontation with Iran over the country's nuclear ambitions.
European Union foreign ministers were expected to announce an embargo on Iranian oil exports overnight, amounting to the most significant package of sanctions yet agreed.
They are also likely to impose a partial freeze on assets held by the Iranian Central Bank in the EU. Tehran has threatened to block the Strait of Hormuz, where tankers carrying 17 million barrels of oil pass through every day, in retaliation.
The USS Abraham Lincoln, a nuclear-powered aircraft carrier capable of deploying 90 aircraft, entered the Gulf without incident.
All three countries retain a permanent military presence in the Gulf, but a joint passage through the Strait of Hormuz by all their respective navies is highly unusual. The flotilla will have passed within a few miles of the Iranian coastline.
Source: Telegraph
23 January 2012
EU Iran sanctions: Ministers adopt Iran oil imports ban
European Union foreign ministers have formally adopted an "unprecedented" oil embargo against Iran over its nuclear programme, banning all new oil contracts with the country.
They also agreed a freeze on the assets of Iran's central bank in the EU.
The EU currently buys about 20% of Iran's oil exports.
There was no official Iranian reaction, but one Iranian lawmaker played down the decision, calling it a "mere propaganda gesture".
Iran had "failed to restore international confidence in the exclusively peaceful nature of its nuclear programme", British Prime Minister David Cameron, French President Nicolas Sarkozy and German Chancellor Angela Merkel said in a joint statement.
"We will not accept Iran acquiring a nuclear weapon. Iran has so far had no regard for its international obligations and is already exporting and threatening violence around its region," the leaders added.
The measures were "another strong step in the international effort to dramatically increase the pressure on Iran," US Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton said in a statement welcoming the move.
Meanwhile, the International Atomic Energy Agency, the UN's nuclear watchdog has confirmed it is sending a team to Iran between 29 and 31 January "to resolve all outstanding substantive issues".
Last November the IAEA said in a report that it had information suggesting Iran had carried out tests "relevant to the development of a nuclear explosive device" - sparking the decision by the US and EU to issue tougher sanctions.
Tehran insists its nuclear programme is for energy purposes.
Earlier on Monday, the Pentagon said the US aircraft carrier USS Abraham Lincoln, as well as a British Royal Navy frigate and a French warship, had passed through the Strait of Hormuz at the entrance to the Gulf without incident, in the wake of Iranian threats to block the trade route.
'Substantial impact'
The EU said the sanctions prohibit the import, purchase and transport of Iranian crude oil and petroleum products as well as related finance and insurance. All existing contracts will have to be phased out by 1 July.
Investment as well as the export of key equipment and technology for Iran's petrochemical sector is also banned.
Additional restrictions have been placed on Iran's central bank and in the trade of gold, precious metals and diamonds.
BBC Europe Editor Gavin Hewitt says it is one of the toughest steps the EU has ever taken.
EU foreign policy chief Catherine Ashton said the purpose of the sanctions was "to put pressure on Iran to come back to the negotiating table".
Earlier, UK Foreign Secretary William Hague said the embargo showed "the resolve of the European Union on this issue".
"It is absolutely right to do this when Iran is continuing to breach United Nations resolutions and refusing to come to meaningful negotiations on its nuclear programme," he added.
But the Russian foreign ministry said it was a "deeply mistaken" move that would not encourage Iran to return to the negotiating table.
"It's apparent that in this case there is open pressure and diktat, aimed at "punishing" Iran," it said in a statement.
Ali Adyani, a member of the Iranian parliament's energy commission, was quoted by the semi-official Fars news agency as saying the EU decision "would only serve some American and European politicians".
"It will not have any effect on Iran's economy," he said, adding that Tehran could sell oil to "any country" despite the ban.
Rising tensions
BBC Iran correspondent James Reynolds says oil is the country's most valuable asset and sales help to keep the Iranian government in money and power.
A decision by the EU to stop buying from Iran may damage the Iranian economy - but in itself it won't destroy it, our correspondent says.
Iran sells most of its oil to countries in Asia. The EU and the United States are now working to persuade Asian countries to reduce their purchases from Iran as well.
Iran has already threatened to retaliate by blocking the Strait of Hormuz at the entrance to the Gulf, through which 20% of the world's oil exports pass.
The US has said it will keep the trade route open, raising the possibility of a confrontation.
Late last year Iran conducted 10 days of military exercises near the Strait of Hormuz, test-firing several missiles.
Oil prices have risen already because of the increasing tension and the expected impact of an EU ban on oil supplies to Europe.
Source: BBC
EU Iran sanctions: Ministers adopt Iran oil imports ban
European Union foreign ministers have formally adopted an "unprecedented" oil embargo against Iran over its nuclear programme, banning all new oil contracts with the country.
They also agreed a freeze on the assets of Iran's central bank in the EU.
The EU currently buys about 20% of Iran's oil exports.
There was no official Iranian reaction, but one Iranian lawmaker played down the decision, calling it a "mere propaganda gesture".
Iran had "failed to restore international confidence in the exclusively peaceful nature of its nuclear programme", British Prime Minister David Cameron, French President Nicolas Sarkozy and German Chancellor Angela Merkel said in a joint statement.
"We will not accept Iran acquiring a nuclear weapon. Iran has so far had no regard for its international obligations and is already exporting and threatening violence around its region," the leaders added.
The measures were "another strong step in the international effort to dramatically increase the pressure on Iran," US Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton said in a statement welcoming the move.
Meanwhile, the International Atomic Energy Agency, the UN's nuclear watchdog has confirmed it is sending a team to Iran between 29 and 31 January "to resolve all outstanding substantive issues".
Last November the IAEA said in a report that it had information suggesting Iran had carried out tests "relevant to the development of a nuclear explosive device" - sparking the decision by the US and EU to issue tougher sanctions.
Tehran insists its nuclear programme is for energy purposes.
Earlier on Monday, the Pentagon said the US aircraft carrier USS Abraham Lincoln, as well as a British Royal Navy frigate and a French warship, had passed through the Strait of Hormuz at the entrance to the Gulf without incident, in the wake of Iranian threats to block the trade route.
'Substantial impact'
The EU said the sanctions prohibit the import, purchase and transport of Iranian crude oil and petroleum products as well as related finance and insurance. All existing contracts will have to be phased out by 1 July.
Investment as well as the export of key equipment and technology for Iran's petrochemical sector is also banned.
Additional restrictions have been placed on Iran's central bank and in the trade of gold, precious metals and diamonds.
BBC Europe Editor Gavin Hewitt says it is one of the toughest steps the EU has ever taken.
EU foreign policy chief Catherine Ashton said the purpose of the sanctions was "to put pressure on Iran to come back to the negotiating table".
Earlier, UK Foreign Secretary William Hague said the embargo showed "the resolve of the European Union on this issue".
"It is absolutely right to do this when Iran is continuing to breach United Nations resolutions and refusing to come to meaningful negotiations on its nuclear programme," he added.
But the Russian foreign ministry said it was a "deeply mistaken" move that would not encourage Iran to return to the negotiating table.
"It's apparent that in this case there is open pressure and diktat, aimed at "punishing" Iran," it said in a statement.
Ali Adyani, a member of the Iranian parliament's energy commission, was quoted by the semi-official Fars news agency as saying the EU decision "would only serve some American and European politicians".
"It will not have any effect on Iran's economy," he said, adding that Tehran could sell oil to "any country" despite the ban.
Rising tensions
BBC Iran correspondent James Reynolds says oil is the country's most valuable asset and sales help to keep the Iranian government in money and power.
A decision by the EU to stop buying from Iran may damage the Iranian economy - but in itself it won't destroy it, our correspondent says.
Iran sells most of its oil to countries in Asia. The EU and the United States are now working to persuade Asian countries to reduce their purchases from Iran as well.
Iran has already threatened to retaliate by blocking the Strait of Hormuz at the entrance to the Gulf, through which 20% of the world's oil exports pass.
The US has said it will keep the trade route open, raising the possibility of a confrontation.
Late last year Iran conducted 10 days of military exercises near the Strait of Hormuz, test-firing several missiles.
Oil prices have risen already because of the increasing tension and the expected impact of an EU ban on oil supplies to Europe.
Source: BBC
Home
About Us
Oil Rigs
Rig Fleet
Rig Types
Customers
Jobs Offered
Drilling Ships
Made in USA
Oil Exploration
Contract Drilling
Global Marketing
Heavy Duty Oil Field
Trucks
Oil Drilling Industry
Membership Associations
Fox Drilling International
International Drilling
Charitable Projects
Job Opportunities
Global Oil News
Oil Investment
Photo Gallery
Resources
Favorites
Comments
Contact Us
Sitemap
Links
Most Recent Equipment Ads
Your Equipment Criteria: Ads Posted: Last 14 days
34 ads found Page 1 of 2
For Sale or Lease: 2000HP Land Drilling Rig All American Equipment With Drill String & Top Drive Ready For Drilling
2000HP New Land Drilling Rig, All American Equipments, BOP Stack, Triplex Mud Pumps, Mud Tanks Solid Control System, Drill Pipes, Drill Collars, HWDP, Handling Tools, Top Drive, etc We prefer to le...
Location:
USA
Date Posted:
1/18/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale or Lease: 750HP Land Drilling Rig Fully Equipped for Drilling
We have 750 HP Truck Mounted American Made Land Drilling Rig, Complete with BOP, Mud Pumps, handling tools, drill pipes, drill collars, HWDP, mud tank system, ready for drilling. We prefer renting ...
Location:
North America
Date Posted:
1/18/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale or Lease: 4 1/ 2 Inch OD 16.60ppf Drill Pipe Range 3 Grade G105 NC46 API Conn
New Drill Pipe 4 1/2" OD, Grade G105, 16.60 lbs per ft quality, NC46 API conn, Range 3, comes with plastic thread protectors, external mill varnish, MTRS with shipment. Quantity: 18,000 ft Origin...
Location:
North America
Date Posted:
1/18/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale or Lease: 2 7/8 Inch OD SMLS Tubing Grade L-80, 6.50ppf, PH6 Type Prem Conn, Range 2
2 7/8" OD, New Seamless Tubing, Grade L-80, 6.50 lbs per ft quality, comes with Type PH-6 premium connections, mfg as per API 5CT specs and standards, comes with plastic thread protectors, external mi...
Location:
North America
Date Posted:
1/18/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale or Lease: 2 7/8 Inch OD PH 6 Type Prem Conn SMLS Tubing Grade P110, 7.90ppf, Range 2
New Tubing 2 7/8" OD, Seamless, Grade P-110, 7.90lbs per ft quality, comes with Type PH-6 premium connections, mfg as per API 5CT specs and standards, comes with plastic thread protectors, external mi...
Location:
North America
Date Posted:
1/18/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale: NATIONAL 110-UE (1500 HP) DRILLING RIG
NATIONAL 110-UE (1500 HP) DRILLING RIG LOCATION: NORTH TEXAS CONDITION: NEW / REBUILT PRICE: $ 8,750,000.00 ...
Location:
NORTH TEXAS
Date Posted:
1/17/2012
Condition:
NEW / REBUILT
Price:
$ 8,750,000.00
view details
For Sale: Safety Director
3 inch Bettis actuators never used 20 units...
Location:
Indiana
Date Posted:
1/16/2012
Condition:
Excellent
Price:
1,000 each
view details
For Sale: DIESEL TANK
1 - OILFIELD SKID MOUNTED DIESEL FUEL TANK 12,000 GALLONS IN GOOD CONDITION....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$ 6,975 US
view details
For Sale: COMBO DIESEL TANK / PARTS HOUSE
1 - 8' W x 7' H x 25' L DIESEL TANK WITH 12' L PARTS HOUSE ALL MOUNED AN OILFIELD SKID. EXCELLENT CONDITION....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$8,950 US
view details
For Sale: OIME SL-7 RIGHT ANGLE GEARBOX
1 - OEM OIME SL-7 RIGHT ANGLE GEARBOX FOR DRAWWORKS....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$7,950 US
view details
For Sale: CONT. EMSCO DC-700 MUD PUMPS
3 - OEM CONT. EMSCO DC-700 DUPLEX MUD PUMPS LESS FLUID ENDS. 1 - REBUILT DC-700 FLUID END AVAILABLE FOR $5,450 US....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$7,500 EACH
view details
For Sale: CONT. EMSCO F-800 CASE on SKID
1 - ORIGINAL CONTINENTAL EMSCO F-800 CASE MOUNTED ON AN OILFIELD SKID....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$4,850 US
view details
For Sale: CONT.EMSCO F-800 CASE w/MODULES
1 - ORIGINAL CONTINENTAL EMSCO F-800 TRIPLEX MUD PUMP CASE w/ 3 FLUID END MODULES READY FOR REBUILD....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$9,750 US
view details
For Sale: DIESEL TANK (PRESSURIZED)
1 - PRESSURIZED DIESEL TANK IN VERY GOOD CONDITION; OILFIELD SKID MOUNTED; 2 TRANFER PUMPS; READY TO LOAD....
Location:
SHREVEPORT, LOUISIANA
Date Posted:
1/16/2012
Condition:
GOOD
Price:
$8,495 US
view details
For Sale: Well head valves WKM 2" 5M S.S.
Two each 5,000 w.p. WKM 2" H2s Stainless body & trim. Tested to 6,000 psi...
Location:
So. La.
Date Posted:
1/15/2012
Condition:
Used Good
Price:
$1,000 ea.
view details
For Sale: Weatherford Quintuplex (parts)
Weatherford / Butterworth style quintuplex high pressure power frame with fluid end parts @ 150 h.p. Stainless steel fluid end with 3/4" plungers. Is missing some valve modules...
Location:
So. La.
Date Posted:
1/15/2012
Condition:
Used
Price:
$2,500
view details
For Sale: Choke 1502 MSI
2'" 10M MSI Adjustable Choke with 1502 connections. Rebuilt w new bean & stem. Allso have Best 2" 10m with 1502 connections....
Location:
So. La.
Date Posted:
1/15/2012
Condition:
Rebuilt - Tested
Price:
POR
view details
For Sale: McKissick 150 ton Block/Hook
McKissick 150 ton Block/Hook that needs to be refurbished. Call or email Shannon LaBauve 713-962-7502...
Location:
Houston
Date Posted:
1/12/2012
Condition:
needs to be refurbished
Price:
call or email Shannon LaBauve
view details
For Sale: Ideco 110 ton Block/Hook
Ideco 110 ton Block/Hook that needs to be refurbished. Call or email Shannon LaBauve 713-962-7502...
Location:
Houston
Date Posted:
1/12/2012
Condition:
Needs to be refurbished
Price:
call or email Shannon LaBauve
view details
For Sale: 120 Bbl. Batch Mixer/Recirculator RCM
120 bbl. Batch Mixer with 8 bbl RCM tank and Cement Mix Head. 8V-92T Detroit Diesel powered hydraulic system 100 percent rebuilt engine gear box and hydrostatic hydraulic pumps. The two 60 bbl. ma...
Location:
Texas
Date Posted:
1/11/2012
Condition:
Excellent
Price:
$275K USD
view details
For Sale: New Townsend 11" 5000 Annular
New and Unused Townsend 11" 5000 Annular. Call Shannon LaBauve 713-962-7502...
Location:
Houston
Date Posted:
1/11/2012
Condition:
New/Unused
Price:
call or email Shannon LaBauve
view details
For Sale: Top Drive Traveling Block-Nataion G-500
National G 500 Ton Traveling block that is a good candidate for refurb. for a top drive application. The Top Drive Interface can be purchased from your Top Drive vendor. Call Shannon 713-962-702...
Location:
Houston
Date Posted:
1/11/2012
Condition:
Need to be refurbished
Price:
call or email Shannon LaBauve
view details
For Sale: Hurricane Booster Compressors
Hurrican Booster Compressors Model 6T903-82B (2000psi discharge/2400cfm) We have the following Hurricane Booster Compressors for sale. Originally mounted in 3 axle trailers. Very Good Cond...
Location:
Boise, Idaho USA
Date Posted:
1/11/2012
Condition:
Very Good
Price:
125,000.00 each (2 units
view details
For Sale: Sullair 1150XHP Compressors
Sullair 1150XHP Compressors We have the following Compressors and Booster For Sale. Originally mounted in 3 axle trailers. Very Good Condition. Excellent care and maintenance. 2004 Sulla...
Location:
Boise, Idaho USA
Date Posted:
1/11/2012
Condition:
Very Good
Price:
150,000.00 ea (4 units)
view details
For Sale: 2008 Rod Rig for sale
2008 Kobes Welding Rod Rig on a 2007 International 5900i, tandem axle, aluminum wheels, 46,000 rears, 20,000 front, 480 hp cat, 18 spd, day cab, pre-emission. 58ft mast, 65,000 lbs pulling, 2 x 5K pu...
Location:
Calgary, Alberta
Date Posted:
1/10/2012
Condition:
new/used
Price:
$575,000
view details
34 ads found Page 2 of 2
For Sale: International 4400 SBA 4X2 Bobtail Service Truck
Brand: International Model: 4400 SBA 4X2 Year Built : 07/2006 Mileage: 197 GVW: 33,000 LBS Gear Ratio: 4.78 Engine: International DT570 310HP, Dual E...
Location:
Houston, TX
Date Posted:
1/10/2012
Condition:
Almost New ( 197 Miles )
Price:
$80,000.00 OBO
view details
For Sale: Life Boat 25 man (unused)
Oceanmaster 25 man life boat. Inflatable with canopy. Mfd. in July 2011. Still in cannister....
Location:
So. La.
Date Posted:
1/8/2012
Condition:
Unused mfd. 07-2011
Price:
POR
view details
For Sale: Subsea Launcher/Receiver Skid (10,000 psi)
Dual train high (10,000 psi) press subsea launcher manifold. Cameron 4-5/8 10m gate and KF ball valves H2S applicable.Partial Egupt. Material Reports included. Piping 316 s.s. Meas.: 14' wide 12' h...
Location:
So. La.
Date Posted:
1/8/2012
Condition:
Unused
Price:
POR
view details
For Sale: Fluid Transfer Pump
Fluid Transfer Pump 2772 FTDH (1200 PSI) at 1000 GPM or 34,285 BPD (Barrels per Day) or 83 Bar @ 3785 liters per minute or 5,450,400 liters per day Unit Number DMX6-001 6 Stage, Byron Jackson Pu...
Location:
Rifle Colorado, USA
Date Posted:
1/7/2012
Condition:
Reconditioned/Operational
Price:
$195,900.00 USD
view details
For Sale: Industrial Radiators
New Industrial Radiators for all makes of engines. Sizes from 2 cylinder 4 cycle engines all the way up to 3000hp frac units....
Location:
Houston, TX
Date Posted:
1/6/2012
Condition:
New
Price:
view details
For Sale: 29 1/2" 500# API CERTIFIED ANNULAR BOP
1 – T3 ENERGY SERVICES 29 1/2” 500# ANNULAR BOP WITH CERTS AND COMPLETE DATA PACKAGE (API STAMP) AVAILABLE NOW. Houston, Texas $298,500.00 FOB LOADED TRUCK...
Location:
Houston, TX
Date Posted:
1/6/2012
Condition:
TOTALLY REFURBISHED
Price:
$298,500.00
view details
For Sale or Lease: 3 1/2 Inch 9.30ppf SeamlessTubing EUE API Conn Grade L-80 Range 2
New 3 1/2 Inch OD, Seamless Tubing, 9.30lbs per ft quality, EUE 8round thread API Conn, Range2 comes with plastic thread protectors, external mill varnish, MTRS with shipment. Quantity: 85,000 ft ...
Location:
North America
Date Posted:
1/5/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale or Lease: 5 1/2 Inch OD 20ppf New SMLS Casing Grade Hi Collapse P110 Range 3
New 5 1/2 Inch OD, 20lbs per ft quality, Seamless Casing, Grade Hi Collapse P-110, Range 3 we can supply this casing in PLAIN ENDS, LT&C or BT&C depending on buyers choice. Delivery; Ready Stock -...
Location:
North America
Date Posted:
1/5/2012
Condition:
NEW
Price:
By Email Request Only
view details
For Sale: Star Tork 22
The Star Tork is a continuously rotating machine for quick make up and break out of connections. The unit is self contained free standing with hydraulic power unit / controls with three motors. Fe...
Location:
Houston, Texas
Date Posted:
1/5/2012
Condition:
New
Price:
Available Upon Request
view details