| DNO International Reports Strong First Quarter Results |
Yemen >> 5/14/2008 - DNO International ASA announced its interim results for the first quarter 2008. DNO reported operating revenues of NOK 422 million (NOK 263 million) and a net profit of NOK 62 million (NOK 19 million)...
|
| The Linde Group acquires a majority interest in the industrial gases company SIGAS (Saudi Arabia) |
Saudi Arabia >> 5/13/2008 - The Linde Group has acquired 51 percent of the shares in the family-owned industrial gases company SIGAS (Saudi Industrial Gas Co. ltd.). Terms of the transaction were not disclosed. Closing of the ac...
|
| First horizontal development well successfully completed in Khurbet East Field |
Syria >> 5/13/2008 - Gulfsands Petroleum announced that the Company has completed the drilling operations on the first horizontal development well within the Khurbet East Field ("KHE-5H"). The KHE-5H well, which flowed oi...
|
| Emerald Energy provides Khurbet East Field Update, Block 26, Syria |
Syria >> 5/13/2008 - Emerald Energy Plc provided the following update on activities in the Khurbet East field in Block 26, Syria. Khurbet East No.5, the first horizontal development well in the Khurbet East field, has bee...
|
| Oil Search Signs PSC in Highly Prospective Block in Kurdistan, Iraq |
Iraq >> 5/12/2008 - Oil Search Limited signed a Production Sharing Contract (PSC) for the 632 square kilometre Shakal Block with the Kurdistan Regional Government (KRG) in Iraq. The Shakal Block lies in the southeastern ...
|
| Chiyoda Awarded Onshore FEED & Execution Planning Order for the Barzan Project in the State of Qatar |
Qatar >> 5/12/2008 - Chiyoda Corporation awarded the Front-End Engineering Design (FEED) & execution planning contract for the Barzan Onshore Gas Plant which is located in the State of Qatar and under the responsibility o...
|
| The Linde Group and ADNOC to build two large-scale air separation units in Abu Dhabi |
United Arab Emirates >> 5/8/2008 - The Linde Group and The Abu Dhabi National Oil Company (ADNOC) have decided to construct two large air separation units (ASU) through their joint venture Elixier in Abu Dhabi (United Arab Emirates). T...
|
| Otto spuds Arpaci-2 well - Western Turkey |
Turkey >> 5/7/2008 - Joint venture partners Otto Energy and Incremental Petroleum announced that the Arpaci-2 appraisal well spudded in the Thrace Basin of Western Turkey. It is expected the Arpaci-2 well will reach plann...
|
| Otto makes 6th Gas Discovery in Turkey |
Turkey >> 5/1/2008 - Joint venture partners Otto Energy and Incremental Petroleum announced the confirmation of several gas bearing intervals in Ortakci-1 exploration well, the third of a 5-well drilling program currently...
|
| NEW DISC distribution partners seeked worldwide |
United Arab Emirates >> 4/30/2008 - Long-term storage with DISC Blu-safe. DISC extends its product range with a universal mini archive for everyone. The archive expert, DISC, presents its latest product, DISC Blu-safe. The DISC Blu-safe...
|
| Indago Petroleum Provides Drilling Update in Oman |
Oman >> 4/28/2008 - Indago Petroleum Limited announced a drilling update for the Al Jariya-1 well, located on the Jebel Hafit prospect in Block 31, adjacent to the border with Abu Dhabi. Work has continued on the attempt...
|
| Axens Awarded Qatar Refinery Contracts |
Qatar >> 4/28/2008 - Qatar Petroleum has awarded Axens basic engineering design contracts for the new 250,000 barrel per day (bpd) Al Shaheen refinery to be built in the Messaieed Industial City in Qatar. Axens will suppl...
|
| Otto spuds Third of 5 wells in gas drilling campaign in Turkey |
Turkey >> 4/28/2008 - Otto Energy announcd the spudding of the third shallow gas well in 2008 of the Edirne gas project in Western Turkey. It is expected that the well will reach its planned total depth of around 400m earl...
|
| Sky Petroleum Reports 30,922 Barrels During 2008 First Quarter |
United Arab Emirates >> 4/28/2008 - Sky Petroleum reported that during the first quarter ending March 31, 2008 Mubarek production from the H2 and K2- ST 4 wells was 30,922 barrels of oil. The Mubarek H2 well produced 9,144 barrels of oi...
|
| Thule gains full access to complete the rigs at the QGM yard |
United Arab Emirates >> 4/25/2008 - Thule announced that a co-operation agreement with QGM and Strategic Alliances Corporation have resulted in the immediate re-opening of the QGM yard in the Hamriyah Free Zone in Sharjah, UAE. This agr...
|
| Sabic Reports First Quarter 2008 Results |
Saudi Arabia >> 4/20/2008 - Saudi Basic Industries Corporation (SABIC), reported first quarter 2008 (1Q08) profits of 6.92 billion Saudi Riyals, compared with 6.28 billion Saudi Riyals for the same period in 2007, an increase of...
|
| MESC developed special testing facilities for safer cables |
Saudi Arabia >> 4/10/2008 - The boost demand for high-end quality cables is changing the international perception of cables manufacturers worldwide as well as in the Middle East. Such a growth is bringing both challenges and opp...
|
| Sipchem Realizes 232 Million Saudi Riyals in Net Profits for the First Quarter of 2008 |
Saudi Arabia >> 4/9/2008 - Saudi International Petrochemical Company (Sipchem) announced the preliminary financial results for the first quarter of 2008. During this period, Sipchem realized SR 232 million in net profits or 54....
|
| Tullow Oil Announces Successful Taitai-1 exploration well in Uganda |
Uganda >> 5/13/2008 - Tullow Oil plc announced that the Taitai-1 exploration well, drilled in the Butiaba region of Uganda Block 2, has encountered five metres of net gas pay and at least eight metres of net oil pay. A thi...
|
| Gulf of Guinea Energy Spuds Uquo Appraisal/Development Well |
Nigeria >> 5/12/2008 - Gulf of Guinea Energy Limited announced the spudding of the first of two back to back appraisal/development wells in the Uquo field, within the Eastern Niger Delta, onshore Nigeria. Uquo-5 well will b...
|
| Wan Machar-1 reaches TD, Sudan |
Sudan >> 5/8/2008 - Lundin Petroleum AB announced that well Wan Machar-1 has reached Total Depth at 1,466 metres. The well is located in the swamp area on the east flank of the southern Muglad Basin in Block 5B, Sudan. W...
|
| RWE Dea makes fifth Discovery in Libya |
Libya >> 5/7/2008 - RWE Dea continues its exploration success with a fifth discovery in the Sirte Basin. Following three oil discoveries in Concession NC193 and one in Concession NC195 since late 2006, a second discovery...
|
| Rocoil Provides Banda NW ST-1 Drilling Update, Offshore Mauritania |
Mauritania >> 5/7/2008 - Roc Oil (Mauritania) Company advised that the Banda NW ST-1 sidetrack well had been suspended. The results of the wireline logging, Modular Dynamic Tester (MDT) pressure testing and sampling indicate ...
|
| StatoilHydro Announces Oil discovery off the coast of Angola |
Angola >> 5/6/2008 - The block 15/06 partnership announced the first oil discovery in this deepwater block off the coast of Angola. StatoilHydro has a 5% share in the block. The discovery well, Sangos-1, which was drilled...
|
| Tullow Oil Announces Successful Mahogany-2 Appraisal Well, Offshore Ghana |
Ghana >> 5/6/2008 - Tullow Oil plc announced that the Mahogany-2 well, which is being drilled to appraise the Jubilee field offshore Ghana, has intersected a significant column of light oil. Results of drilling, wireline...
|
| Tower Resources Awarded New Licence in Tanzania |
Tanzania >> 5/6/2008 - Tower Resources announced that the Company has been successful in an application for an Exploration Licence covering Lakes Eyasi, Wembere, Natron and Manyara in the north east of Tanzania. The award o...
|
| Eni announces new significant oil discovery offshore Angola |
Angola >> 5/5/2008 - Eni and Angola's Sonangol E.P. made an important oil discovery in the deepwaters of Block 15/06, located some 350 km north of Luanda, in the Angolan offshore. Eni is Operator of Block 15/06. The explo...
|
| Kosmos Energy’s Mahogany-2 Appraisal Well Confirms Jubilee Field Discovery Offshore Ghana |
Ghana >> 5/5/2008 - Kosmos Energy announced that the company’s Mahogany-2 well drilled offshore the Republic of Ghana on the Kosmos-operated West Cape Three Points Block has encountered a substantial light oil column bas...
|
| Apache's First-Quarter Net Income Doubles to $1.02 Billion |
Egypt >> 5/1/2008 - Apache Corporation reported first-quarter net income of $1.02 billion, or $3.03 per diluted common share, the company's second consecutive quarter with earnings over $1 billion and a 108-percent incre...
|
| Addax Petroleum Announces Successful Oil and Gas Appraisal Offshore Nigeria |
Nigeria >> 5/1/2008 - Addax Petroleum Corporation announced the successful appraisal of the Ofrima North discovery in OML137, offshore Nigeria. Commenting, Jean Claude Gandur, President and Chief Executive Officer of Addax...
|
| Roc Oil Provides Mauritania Drilling Update |
Mauritania >> 4/30/2008 - Roc Oil (Mauritania) Company advised that the Banda NW ST-1 sidetrack well, had reached a Total Depth of 2,934 mBRT and wireline logs, including sampling and pressure measurement tools, were being run...
|
| Candax Provides Updates on El Bibane Development Project and Production Outlook |
Tunisia >> 4/30/2008 - Candax Energy provided an update on its Tunisian operations for the completion of the El Bibane offshore re-development project and an outlook on the Company's growing production. The El Bibane field ...
|
| Chevron Confirms Startup of Moho-Bilondo Offshore Republic of the Congo |
Congo >> 4/29/2008 - Chevron Corporation confirmed first production from the deepwater offshore Moho-Bilondo project in the Republic of the Congo. The project, in which Chevron has a 31.5 percent interest, was completed a...
|
| Mogul Signs Agreement on EWA Concession |
Egypt >> 4/29/2008 - Mogul Energy International announced that it closed an Agreement of Purchase and Sale with Egypt Oil Holdings, Sea Dragon Energy, and Dover Investments Limited, and a related Share Exchange Agreement....
|
| Aminex Spuds Second WEEM Well in Egypt |
Egypt >> 4/29/2008 - Aminex announced the spudding of the second exploration well in its drilling programme on the West Esh El Mellaha (“WEEM-2”) concession in the onshore Gulf of Suez region, Egypt. The well is located o...
|
| Heritage Oil spuds Kingfisher exploration well in Uganda |
Uganda >> 4/29/2008 - Heritage Oil Limited announced that it has commenced drilling the Kingfisher-2 appraisal and exploration well in Block 3A, Uganda. This deviated well is being drilled from the lakeshore and is targeti...
|
| SeaBird First Contract Award for SeaBed Operations |
Angola >> 4/28/2008 - SeaBird has received a letter of award from Total E&P Angola ("Total") for an ocean bottom nodes seismic acquisition survey in Angola. The concessionaire of Block 17 is Sonangol. TotalFinaElf is the o...
|
| Total Announces Moho-Bilondo Brought on Stream Offshore Congo |
Congo >> 4/28/2008 - Total E&P Congo announced that the deep offshore Moho-Bilondo field has been brought on stream in the Republic of the Congo, nearly a month ahead of schedule. Discovered in 1995, the field is located ...
|
| Start of drilling campaign on the Ezzaouia field in Tunisia |
Tunisia >> 4/28/2008 - A new drilling campaign on the oil field Ezzaouia in Tunisia is about to start. Two production wells will be drilled during the second and third quarter 2008. The oil and gas group PA Resources has a ...
|
| Hyperdynamics' New Seismic Confirms Giant Structures in West African Oil and Gas Concession |
Guinea >> 4/25/2008 - Hyperdynamics Corporation announced that as its 2-D data acquisition continues offshore Guinea, new seismic lines are already providing geophysical confirmation of the most significant play types alon...
|
| Cygam Energy Provides Update on Drilling Operations in Tunisia |
Tunisia >> 4/25/2008 - Cygam Energy announced that the TT2 exploration well on the Sud Remada permit in southern Tunisia reached total depth of 1500m in the Ordovician Kasbah Leguine formation on April 16th, 2008. The well ...
|
| OMV acquires exploration license in offshore Tunisia |
Tunisia >> 4/25/2008 - OMV Aktiengesellschaft acquired an 80% interest as operator in the "Sidi Mansour" exploration license in offshore Tunisia from Thani Tunisia Sidi Mansour B.V.. The block covers an area of 6,592 km² an...
|
| Gas and Condensate discovery for RWE Dea in Egypt |
Egypt >> 4/24/2008 - RWE Dea discovered gas and condensate in the Disouq Concession – Onshore Nile Delta. The North Sidi Ghazi-1x well encountered a gas bearing sandstone interval of 42 m column within the Upper Messinian...
|
| Melrose Resources Provides Operations Update in Egypt |
Egypt >> 4/24/2008 - Production:
Melrose's net entitlement production from the El Mansoura and South East El Mansoura concessions during the first quarter 2008 averaged 14,890 boepd, comprising 69% gas and 31% ...
|
| In search of partnership in Egypt |
Egypt >> 4/10/2008 - Rezex a trading company specializing in the field of Petroleum Products and Bi-Products is in search of a partnership within Egypt for the acquisition, operation, and production of an Egyptian Governm...
|
| Enel and Egas sign cooperation agreement in the natural gas sector |
Egypt >> 4/9/2008 - Enel SpA and the Egyptian Natural Gas Holding Company (EGAS) signed a cooperation agreement to develop joint activities in the upstream gas sector, in the natural gas industry and in the power genera...
|
| Egyptian – Jordanian Joint Talks |
Egypt >> 4/7/2008 - Eng. Sameh Fahmi, Minister of Petroleum, held talks, on 7/4/2008, with his counterpart, the Jordanian Minister of Energy and Mineral Resources, Eng. Khaldoun Quteishat, about the Arab Gas Pipeline pro...
|
| COSL signed a turnkey drilling service contract with Devon Energy |
China >> 5/14/2008 - China Oilfield Services Limited announced that representing COSL, Executive Vice President and Chief Operating Officer Li Yong has recently signed a turnkey drilling service contract with Devon Energy...
|
| TriNorth Capital Earns Interest in Oil & Gas Concessions in Eastern Russia |
Russia >> 5/9/2008 - TriNorth Capital announced that it has earned 50% ownership in a newly formed company, which through its subsidiaries owns a 100% interest in the Erbogachen and Kirensk oil and gas concessions in East...
|
| The Second Natural Gas Processing Plant in Sulige Gas Field ready for operation |
China >> 5/8/2008 - The main works of the Second Natural Gas Processing Plant in Sulige Gas Field was completed on May 4. The whole plant has entered into purging, pressure test and debugging stage, and is planned to be ...
|
| MOL signed an agreement with ONGC to acquire 35% interest in an exploration block in India |
India >> 5/8/2008 - MOL Hungarian Oil and Gas announced that it signed a Farm-out Agreement with Oil and Natural Gas Corporation Limited (ONGC) to acquire 35% interest in an onshore exploration block in North-West India....
|
| CNPC and Nippon Oil Corporation in talks on refinery joint venture |
Japan >> 5/8/2008 - China National Petroleum Corporation and Japan's Nippon Oil Corporation signed a letter of intent in Tokyo in considering to create a refinery joint venture, which is capable of processing 115,000 bar...
|
| Construction of the Aromatics Project at Urumqi Petrochemical Company begins |
China >> 5/6/2008 - On May 1, Urumqi Petrochemical Company starts the construction of a paraxylene aromatic hydrocarbon complex plant. Aromatic hydrocarbon is a main raw material for general engineering plastics. This pr...
|
| Arrow starts drilling first International well |
India >> 5/6/2008 - Arrow Energy announced that Arrow has commenced drilling its first overseas well – at the Tatapani-Ramkola block in India. Well ATR-1 is situated approximately 90 km to the south of the city of Ambika...
|
| Coastal Energy Announces Sinphuhorm Field Update |
Thailand >> 5/6/2008 - Coastal Energy Company announced the drilling results for the South Phu Horm 1 appraisal well. South Phu Horm (SPH-1) Appraisal Well. The SPH-1 well was drilled to a total depth of approximately 3229 ...
|
| Foster Wheeler to Design and Supply Two Waste Heat Recovery Units for PTT's Gas Plant in Thailand |
Thailand >> 5/6/2008 - Foster Wheeler awarded an engineering and materials supply contract by Samsung Engineering Co. for two gas turbine exhaust waste heat recovery units for PTT Public Co., Ltd.'s (PTT) ethane separation ...
|
| J. Ray McDermott Awarded Two Offshore Construction Projects |
Russia >> 5/5/2008 - McDermott International announced that subsidiaries of J. Ray McDermott, S.A. ("J. Ray") were recently awarded two contracts for offshore construction projects. Both of the contracts will be included ...
|
| Arawak acquires Tamdykol exploration block in Kazakhstan |
Kazakhstan >> 5/2/2008 - Arawak Energy Limited announced the acquisition, from a local Kazakh company, of a 100% interest in the Tamdykol exploration block, located in the prolific Pre-Caspian hydrocarbon basin of Western Kaz...
|
| Frontera Resources Announces Operations Update at the Taribani Field Unit |
Georgia >> 5/1/2008 - Frontera Resources Corporation announced an update of its operations at the Taribani Field Unit within Block 12, Georgia. During the last week of April, operations to apply artificially induced fractu...
|
| Hardy Oil and Gas Commences Drilling Exploration well GS01-S1 in India |
India >> 4/30/2008 - Hardy Oil and Gas announced the spudding of the exploration well GS01-S1 on the GS-OSN-2000/1 (GS-01) exploration licence. The exploratory well GS01-S1 was spudded at a water depth of 80 metres (m) wi...
|
| Technip Subsea 7 Asia Pacific Joint Venture Awarded Two Subsea Pipelines Contracts |
Vietnam >> 4/30/2008 - Technip and Subsea 7 announced that their joint venture company, Technip Subsea 7 Asia Pacific Pty Ltd (TS7), has been awarded two contracts for subsea installation and pipeline supply projects in New...
|
| AMEC secures $500 million five-year contract in Azerbaijan |
Azerbaidjan >> 4/29/2008 - AMEC awarded a five-year Engineering Modification Services (EMS) contract for BP in Azerbaijan. The value of the new contract is estimated to be approximately US$500 million (£250 million) over the fi...
|
| Steady Production Growth and Surging Revenues Highlights CNOOC Ltd’s Remarkable Q1 Results |
China >> 4/28/2008 - CNOOC Limited announced its remarkable results for the first quarter in 2008. Within the period, it recorded a net production of 496,753 BOE per day with a year-on-year (YOY) increase of 5.0%. The Com...
|
| JSC KazMunaiGas announces operating results for the first three months of 2008 |
Kazakhstan >> 4/28/2008 - JSC KazMunaiGas Exploration Production announced that in the first three months of 2008 the Company produced 2,892 thousand tonnes of crude oil (233.5 kbopd). This is 604 thousand tonnes more than in ...
|
| Lukoil net income rose by 27.1% in 2007 |
Russia >> 4/10/2008 - Lukoil net income reached a record of $9,511 million in 2007, which is an increase of 27.1% y-o-y. Ebitda was $15,388 million, which is 25.1% higher y-o-y. Revenue from sales rose by 21.0%, to $81,891...
|
| CNOOC Ltd.’s Net Income Hit New High and Net Production Exceeded Expectations |
China >> 3/27/2008 - CNOOC Limited announced its annual results for the 12 months ended December 31, 2007. Last year, our total revenues, net profits and net production all increased steadily. The total revenue of the Com...
|
| Volga Gas Announces First Production from Uzenskaya Well |
Russia >> 12/5/2007 - Volga Gas Plc announced that oil production has commenced from Uzenskaya £1 and first revenues have been received. The Company has structured an agreement to sell all its oil production at its surface...
|
