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Production Potential Raised at Carioca Discovery
Brazil >> 3/5/2012 - BG Group announced the start of a new well test in the Iracema area of the BM-S-11 concession in the pre-salt Santos Basin. The floating production, storage and offloading vessel (FPSO) Cidade de S?o ...
Daleel Eyes 50,000 Bpd Production Target from Block 5
Oman >> 3/3/2012 - Daleel Petroleum aims to ramp up oil production from its Block 5 concession in northwest Oman to 50,000 barrels per day (bpd) within the next few years, from the current output level of 35,000 bpd. Th...
2012 Competent Persons Report in Egypt
Egypt >> 2/28/2012 - Circle Oil Plc (AIM: COP), the international oil and gas exploration, development and production company, is pleased to announce that the 2012 Competent Persons Report (CPR) has recently been complete...
2012 Competent Persons Report in Morocco
Morocco >> 2/28/2012 - Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce that the 2012 Competent Persons Report (CPR) has recently been completed by Baypha...
Calvalley has Resumed Operations at Block 9
Yemen >> 2/28/2012 - Calvalley Petroleum Inc. is pleased to report that it has resumed operations at Block 9, Republic of Yemen. Trucking of crude oil for export from the Company’s central processing facility (“CPF”) in B...
South Stream Schedule Stipulating Capacity of 63 bcm/y
Russia >> 2/28/2012 - Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting dedicated to the South Stream project. ...
BP in Talks to Boost Output at Kirkuk Field
BP in Talks to Boost Output at Kirkuk Field Iraq >> 2/24/2012 - BP Plc is in talks with Iraq to boost output from the Kirkuk oilfield in the north of the country, the Middle East Economic Survey reported, without saying where it got the information. ...
Chevron Confirms First Production from Usan Field
Nigeria >> 2/24/2012 - Chevron Corporation through its Nigerian subsidiary Chevron Nigeria Limited confirmed first production from the deepwater offshore Usan project in Nigeria. ...
Kuwait Energy Increases Output from Egyptian Oil Well
Egypt >> 2/22/2012 - Kuwait Energy plc announced rising output from an oil well in Egypt after discovering more-than-expected reservoir. In a press release, the company said the production from the field, named South East...
Crude Oil Production Increases in Oman
Oman >> 2/21/2012 - The Sultanate’s average daily oil production in 2011 stood at 884,900 bpd compared to 864,600 bpd in 2010 with an increase of 2.4 per cent. The average production of natural gas in 2011 was 95.1 milli...
SP Phases 9-10 Gas Output Hit 50 mcm/d
Iran >> 2/20/2012 - Gas production from South Pars gas field phases 9 and 10 has reached 50 million cubic meters per day. ...
Iran’s 90 Percent Self-Sufficiency in Oil
Iran >> 2/20/2012 - Ahmad Ghalehbani, managing director of the National Iranian Oil Company (NIOC) announced that currently Iran is up to 90 percent self-sufficient in satisfying demands of oil and gas development supply...
Nigeria's Usan Crude Seen on Stream in April
Nigeria >> 2/17/2012 - Nigeria's offshore Usan oilfield is expected to come on stream in April, potentially pushing the African producer's crude oil exports above 2 million barrels per day (bpd) again, traders said. "We hea...
Mart Provides Operational Updates on Umusadege Field
Nigeria >> 2/15/2012 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an operational update on the Umu...
Calvalley Petroleum Provides Operations Update
Yemen >> 2/14/2012 - Calvalley Petroleum Inc. provides the following operations update for shareholders. ...
Blocks 3&4 Production Increases Averaging 10,047 Bopd
Oman >> 2/13/2012 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in January 2012 to 311,457 barrels of oil, corresponding to 10,047 barrels...
ICOEE Achieves First Oil Ready for Start-Up Milestone
Iraq >> 2/12/2012 - Foster Wheeler AG announced that the Iraq Crude Oil Export Expansion Project (ICOEE) has achieved its “first oil ready for start-up” milestone. This is a significant step towards Iraq’s planned increa...
S-Oil Inks Deal with Aramco to Secure Oil Supplies
Saudi Arabia >> 2/9/2012 - S-Oil said it signed a 20-year contract to buy crude from Saudi Arabia as South Korea seeks to secure supplies and reduce dependence on Iran under pressure from the United States to halt doing busines...
UAE to Pump More Crude to Asia to Cut Reliance on Iran
United Arab Emirates >> 2/8/2012 - The United Arab Emirates' main exporter of crude oil will fulfill all supply contracts to Asia for March, for the first time in almost a year, to help the region's top buyers cut their dependence on o...
Libya Sees Pre-War Oil Production in Summer
Libya Sees Pre-War Oil Production in Summer Libya >> 2/7/2012 - Libya anticipates a return to pre-war oil output of 1.6 million barrels per day (bpd) in June or July this year, Deputy Oil Minister Omar Shakmak said. Oil companies were currently producing at betwee...

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