Dear Mrs. Vivian,

I arrived safely last afternoon from Malaysia. It was indeed an useful and promising trip to China to meet all of you thro’ the courtesy of Lynn. Your care and hospitality touched me so deeply that I’m afraid whether I could ever match those sentiments in equal measure. Whilst I enjoyed every moment of my stay with your staff, I would be failing if I do not extend my SINCERE THANKS to the undernoted in particular.

1. Mrs.Vivian :-  It was so nice of you to have invited me to your residence for dinner and exchange pleasantries with you and your husband. I cherish that moment of sipping GINGER TEA in the balcony overlooking the rock and sharing our views of interest. My thanks and best wishes to you and your husband.

2. Lynn :-  For taking pains to be my host and ensuring that I was never left alone during my stay. Thank you so much for extending your kind courtesy.

3. Scarlet :- Oh! The 01Million. Thanks so much for inviting me to be part of the “Freshen up” session with your staff at 10 am & 4 pm and the time you spent in taking me on the pictorial tour of Koflow and making me feel at home with all those edible stuff neatly laid out on the table. I even brought home the packet of dried fruits you gave me. Sweet & Sour to say and that would last in my  memory for long. I wouldn’t forget the trouble you took to cook for me at your boss’s place. “Our Government is very Rich” still rings in my mind. Million Thanks to you.

4. Kevin : Thanks alone is not enough to you for your logistics support and ensuring nothing went amiss in my schedule except of course, the Shanghai hotel booking. Not to worry for I didn’t take it serious. I still have confidence in you. It’s all in the game. So my sincere thanks to you.

5. David & Frank :- Silent operators yet their robustness touched me a lot. Thanks so much for your pleasant company.

All in all, it was a wonderful association with all of you and it’s my turn to support you with more orders for a lasting relationship to make way for more trips.

SHEY SHEY!



M.M.Russeldeen

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With signing of the agreement, Rockstone will commit to fund a 50km pipeline 2D seismic program to a maximum cost of $750,000, in exchange for earning a 20% working interest in the Block.

Rockstone will also have the option to buy 35% more working interest in the Block in exchange for committing to fund the drilling of a well to a maximum cost of $1,500,000.

Oil Optimization will cover the cost of the seismic program in excess of $750,000 as per the agreement.

Oil Optimization's wholly-owned subsidiary, JSX Energy, through its local branch office in Thailand, will be the initial operator of the Block.

After the completion of the well program, the parties will enter into a joint operating agreement whereby they will agree to share the costs of any further work programs.

The King Lear 2/4-21 well has encountered volumes estimated between 70 and 200 million barrels of oil equivalent. The King Lear well was drilled in a water depth of 67m to a vertical depth of 5344m below sea level. Commenting on the discovery, Patrice de Viviès, Senior Vice President, Northern Europe, Total Exploration & Production said: “King Lear lies adjacent to the Ekofisk License and is also close to two blocks awarded to Total in the last APA Licensing round earlier this year, PL618 and PL619. This success confirms the deep gas/condensate prospectivity of the whole area, and we are working to drill a number of additional exploration wells on similar prospects in the next few years. Together with the existing Tommeliten discovery, this could lead to a new gas processing hub in the area, onstream before the end of this decade”.

The pipeline will serve as the third major source of natural gas for Shanghai after the first and second West-East Gas Pipelines. It will also transport regasified LNG from terminals at Rudong.

PetroChina commissioned its 3.5-million tonne/year Rudong terminal in 2011, beginning with a cargo in May from QatarGas and completing the process in November. PetroChina's first LNG terminal in China, Rudong is expected to be supplied mainly from Australia's Gorgon project, scheduled to start producing in 2014 .

CNPC, Shenergy, and Yangkou Port will jointly build and operate the natural gas pipeline and expect it to enter service in 2014.

In his address at the Opening Plenary, H.E. indicated that offshore spending in the Middle East is undoubtedly set to increase as the perspectives in terms of offshore development are endless for this region which is playing a vital role in global energy stability.

H.E. reiterated the event will be a great opportunity for leading players and specialists in the field of offshore exploration and production to share some of the major issues facing the industry and address current and future technological and operational challenges.

The Opening Plenary Session, Ribbon Cutting Ceremony and Exhibition Opening was attended by over 250 distinguished officials, delegates, visitors and press.

1. Cleaning of steel pipe

2. Descaling tools of steel pipe

3. Acid pickling of steel pipe