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Oil Field Services News

Commercial Discovery for East Ghazalat Block
Egypt >> 6/13/2011 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") is pleased to provide a mid-quarter production and operations update for the second quarter of 2011 and notice of participation in the 201...
Saudi, Kuwait Extend Bidding for Hout Oilfield Work
Saudi Arabia >> 6/12/2011 - Bidding for on and offshore gas work at the Hout oilfield shared between two OPEC-members Kuwait and Saudi Arabia was extended by two months, industry sources said. ...
Calvalley Continues Operation Although Yemen’s Unrest
Calvalley Continues Operation Although Yemen’s Unrest Yemen >> 6/9/2011 - Calvalley Petroleum Inc. is pleased to provide an operational update regarding current production development activities on the Company’s Malik Block 9, which is approximately 350 kilometers east of S...
Declaration of Force Majeure on 7th of November Block
Tunisia >> 6/8/2011 - A state of war exists in Libya and its offshore waters, and Joint Oil (which holds Libya's interests in the 7th of November Block) is considered a sanctioned entity under the UN sanctions measures ado...
Bahrain Plans to Hike Oil Output
Bahrain >> 6/6/2011 - Bahrain is seeking to upgrade capacity of the national oil refinery from 267,000 barrels per day to approximately 400,000 bp at a projected cost of USD six billion, the Minister of Energy said. ...
Kuwait Energy Signs 20-Year Two Contracts with Iraq
Iraq >> 6/5/2011 - Kuwait Energy Company signed two 20-year Gas Development and Production Service Contracts with the Iraqi Ministry of Oil for the Siba and Mansuriya fields. Both fields were won by Kuwait Energy and it...
Iraq to Sign Mansuriyah & Siba Gas Deals on 5 June
Iraq >> 6/1/2011 - Iraq will sign the final deals to develop its Mansuriyah and Siba gas fields on June 5, Abdul Mahdy al-Ameedi, the head of the Oil Ministry's licensing and contracting office, told Reuters. ...
Libya's Oil Chief Ghanem Defects
Libya's Oil Chief Ghanem Defects Libya >> 6/1/2011 - Libya's top oil official Shokri Ghanem appeared in Rome saying he had defected because of relentless bloodshed under Muammar Gaddafi's rule. A tired looking Ghanem, whose whereabouts had been unknown ...
Rialto Energy Resumes Cote d'Ivoire Operations
Ivory Coast (Cote D'Ivoire) >> 5/31/2011 - On 21 May 2011, recently elected Ivorian President, Alassane Outtara was sworn in at an inauguration ceremony held in Yamoussoukro, Cote d’Ivoire’s administrative capital. On 3 May 2011many of the san...
Iraq to Sign Akkas Gas Deal with KOGAS in 2 Days
Iraq >> 5/30/2011 - Iraq plans to sign a deal with Korea Gas Corp (KOGAS) in two days time to develop its Akkas gas field, the country's oil minister said. ...
South Azadegan Oil Field MDP Finalized
Iran >> 5/28/2011 - The Master Development Plan presented by the foreign company in charge of development of the first phase of South Azadegan oil field has been ratified by the National Iranian Oil Company, Abdolrahman ...
Petroceltic Seeks Oil, Gas Deals in Egypt and Tunisia
Petroceltic Seeks Oil, Gas Deals in Egypt and Tunisia Algeria >> 5/26/2011 - Petroceltic is eyeing oil and gas deals in Tunisia and Egypt to take advantage of a funding gap brought about by unrest in the North African region, said its chief executive. ...
KMG & KMG EP Signed Memorandum Offshore Blocks
Kazakhstan >> 5/25/2011 - JSC NC KazMunaiGas (NC KMG) and JSC KMG EP have signed a Memorandum of Understanding (Memorandum), providing KMG EP with access to the detailed geophysical, financial and economic data of a number of ...
North Sudan Defies U.N., Vows to Stay in Abyei
Sudan >> 5/23/2011 - Sudan's northern army vowed to hold territory it seized in the disputed oil-producing region of Abyei, defying a U.N. demand it withdraw and pushing the north and south closer to conflict as the south...
PEDEC to Finalize Contract of Darkhovain`s 3rd Phase
Iran >> 5/18/2011 - Naji Sadouni managing director of the Petroleum Engineering and Development Company (PEDEC) says the contracts to develop Azar and third phase of Darkhovain oil fields will be signed in next two weeks...
Kazakhstan Can Freeze Karachaganak Gas Project
Kazakhstan >> 5/18/2011 - Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders of the project, the Kazakh oil and gas minister s...
Libya: Oil Minister Shukri Ghanem 'Defects'
Libya: Oil Minister Shukri Ghanem 'Defects' Libya >> 5/17/2011 - Libyan Oil Minister Shukri Ghanem has left the country, amid reports that he has defected.Tunisian officials say Mr Ghanem - a former prime minister - crossed into Tunisia by road before going to the ...
Iraq Parliament Panel Wants to Halt 4th Bidding Round
Iraq >> 5/16/2011 - Iraq's gas field auction set for January must be delayed until a new energy law is passed and companies signing new contracts with Iraq do so "at their peril," parliament's energy committee chief said...
Iraq's Oil Deals Going Faster than Planned
Iraq >> 5/14/2011 - Work in Iraqi oilfields being developed by foreign oil companies is going ahead "normally" and faster than contracted, the country's deputy prime minister for energy Hussain al-Shahristani said. ...
Wireline Engineering Sees Major Overseas Growth
Egypt >> 5/12/2011 - Wireline and well intervention technology specialist Wireline Engineering has secured £1.25million worth of international contracts in the last three months and completed first work in a number of new...

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