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Mubadala Petroleum to develop oilfield in Thailand
Thailand >> 7/23/2012 - Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48 in the Gulf of Thailand. Through its Pearl Oil affiliates, Mubadala Petroleum holds ...
Gazprom to wind up Shtokman Operator
Russia >> 6/19/2012 - Russian group Gazprom is winding up the entity it created to operate the Shtokman gas field, and may set up a new company as it prepares to sign a deal that will see Royal Dutch Shell join the project...
Iraq Southern Oil Exports 2.13 Mbpd, Output 2.35 Mbpd
Iraq >> 5/30/2012 - Crude exports from Iraq's southern oilfields are at 2.13 million barrels per day, with production from the area at 2.35 million bpd in May so far, Dhiya Jafaar, head of the state-run South Oil Company...
Shell's Majnoon Deal Highlights Iraq Oil Target Verdict
Iraq >> 5/18/2012 - Shell is pressing ahead with talks over final development of Iraq's Majnoon oilfield, a senior executive told Reuters, and a lower, more realistic oil production target is a core part of discussions. ...
RBC Organizes Meeting for Oil & Gas Industry
United Arab Emirates >> 5/5/2012 - The Russian Business Council in Dubai and Northern Emirates (RBC) has organized the Round Table Special Transport for Oil & Gas Industry. This event has gathered over 40 professionals within the field...
Senergy Opens Dubai Knowledge Center
United Arab Emirates >> 4/23/2012 - Global Energy Services Company Senergy expands its global footprint to 18 offices with new facility in Dubai Media City. Senergy, the global energy services company, has expanded its worldwide presenc...
Iraq Wants BP to Revive Northern Kirkuk Oilfield
Iraq Wants BP to Revive Northern Kirkuk Oilfield Iraq >> 4/17/2012 - BP is looking closely at a project to revive Iraq's northern Kirkuk oilfield, industry sources said, as Baghdad aims to strengthen its position in a dispute with semi-autonomous Kurdistan over ownersh...
Iraqi Kurdistan Says Exxon Committed to Oil Deal
Iraqi Kurdistan Says Exxon Committed to Oil Deal Iraq >> 4/6/2012 - The chief executive of U.S. oil major Exxon Mobil reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website sa...
In Iraq, Oil Majors Play North Versus South
In Iraq, Oil Majors Play North Versus South Iraq >> 4/5/2012 - In the weeks before Iraqi Kurdistan revealed that Exxon Mobil had signed up to explore for oil there, executives at rival Shell faced a dilemma over whether or not to join the U.S. oil major in its fo...
S. Sudan Says Sudan Bombs Oil Fields in Border Region
Sudan >> 3/27/2012 - South Sudan said the Sudanese air force had bombed the main oil fields in Unity state near the border with Sudan, as violence between the two escalated. "This morning as you called I heard the Antonov...
Libya Prepares More Oil Autonomy for its East
Libya Prepares More Oil Autonomy for its East Libya >> 3/22/2012 - Plans to grant more autonomy to Libya's oil rich east were laid out this week at the nation's first oil and gas summit held in Rome after months of unease among international oil companies over the un...
Drydocks World to Build World’s Largest Turret
United Arab Emirates >> 3/11/2012 - Drydocks World, international player in ship repair and rig upgrade, conversion and new building, announced that it will build the world’s largest turret weighing 11,500 tonnes for SBM Offshore, a pio...
Butane Crisis Drives Up Egypt's Inflation in February
Butane Crisis Drives Up Egypt's Inflation in February Egypt >> 3/10/2012 - Egypt's annual headline inflation rose a monthly 0.7 per cent in February 2012 to reach 122.1 points, fuelling a year-on-year climb of 10 per cent, Egypt's state statistics agency (CAPMAS) showed. Fig...
Iraq Studying Kirkuk Offers from BP, Schlumberger
Iraq Studying Kirkuk Offers from BP, Schlumberger Iraq >> 3/5/2012 - Iraq's oil minister said he was studying offers from international oil companies, including BP and Schlumberger NV, to develop Kirkuk oilfield in northern Iraq. ...
Sudan Denies Confiscating South Sudan's Oil
Sudan >> 2/28/2012 - Sudan denounced suggestions that it was confiscating oil from South Sudan and indicated that the newly independent South was responsible for stonewalling an oil deal between the two nations. South Sud...
Smuggling Subsidized Egyptian Diesel in Mediterranean Sea
Smuggling Subsidized Egyptian Diesel in Mediterranean Sea Egypt >> 2/23/2012 - The Egyptian government subsidizes fuel products to support the Egyptian economy. Fishermen in Damietta smuggles diesel by using small boats and sell it at a much higher price to foreign ships crossin...
Iraqi Deputy Prime Minister Visits CNPC’s Basra Camp
Iraq >> 2/21/2012 - On February 12, Iraqi Deputy Prime Minister Hussain Al-Shahristani, Oil Minister Abd al-Karim Luaybi, and head of petroleum contracts and licensing directorate at Iraq's Oil Ministry Abdul- Mahdi al-A...
South Sudan Cuts Non-Salary Spending by 50 Percent
Sudan >> 2/19/2012 - South Sudan said it would cut non-salary spending by around 50 percent as part of austerity measures to compensate for the loss of oil revenues due to a row with Khartoum. In January, South Sudan shut...
Petrodar Rejects South Sudan Accusations in Oil Row
Sudan >> 2/19/2012 - Chinese-Malaysian oil firm Petrodar, the main oil operator in South Sudan, denied it had helped Sudan seize any southern oil, after Juba accused Chinese firms of cooperating with Khartoum in a row bet...
Melrose 2011 Production in Egypt
Egypt >> 2/17/2012 - Melrose Resources plc, the oil and gas exploration, development and production company, reports annual production figures for 2011 and a summary of the Company's oil and gas reserves as at 31 December...

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