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Oil Field Services News

Acquiring of SAIC's Oil & Gas Information Technology
United States >> 4/1/2011 - Wipro Technologies, the global IT business of Wipro Limited, a leading Information Technology, Consulting and Outsourcing company, announced that it has signed an agreement to acquire the Global Oil a...
$90 Billion Will Be Pumped to South Pars Gas Field
Iran >> 3/30/2011 - Iran’s minister of petroleum Dr. Seyyed Masoud Mirkazemi says 90 billion dollars will be invested in the South Pars gas field’s upstream and downstream projects of which 60 billion dollars will be all...
Libya Threatens to Sue Firms Over Rebel Oil Deals
Libya >> 3/30/2011 - Libya's government warned that it would sue any international company that concluded energy deals with rebels who control some of the country's oil infrastructure, the state news agency reported. ...
Oilfield Attacked in Egypt
Egypt >> 3/29/2011 - On Monday evening, a group of armed thugs attacked and set on fire oil wells in Beni Suef, Egypt. Attackers have killed one guard, stolen his weapons and fled towards mountains in the Western Sahara. ...
Libyan Rebels Retake City Near Key Oil Port
Libya >> 3/26/2011 - Libyan rebels moved into the central city of Ajdabiya, near the strategic oil port of Ras Lanuf, after U.S. and allied warplanes stepped up their bombardment of Muammar Qaddafi’s tanks, artillery and ...
Rutter Secures Order for Oil Spill Response Radar
Norway >> 3/24/2011 - Rutter Inc.is announcing an order for its Oil Spill Response Radar (OSSR) with a total value of just under $USD 1,000,000. This most recent purchase, expected to be delivered in spring 2011, builds up...
Iraq to Hold 4th Gas Bidding Round in November 2011
Iraq to Hold 4th Gas Bidding Round in November 2011 Iraq >> 3/22/2011 - Iraq will hold its fourth bidding round in November for international energy firms interested in gas exploration contracts, Oil Minister Abdul-Kareem Luaibi said. ...
San Leon Energy to Offer to Develop Fields in Karbala
Iraq >> 3/22/2011 - San Leon Energy and its Joint Venture Partner in Iraq Al Meinaa Oil Services Company, as per its announcement in January 2010, have signed a Joint Participation Agreement with the Governorate Council ...
PetroChina in Talks to Store Oil in Fujairah
United Arab Emirates >> 3/21/2011 - The sources told Reuters that the company PetroChina, the oil giant is in talks with the Government of Fujairah to build facilities to store oil in the port of the emirate. ...
Madagascar Oil Declared Force Majeure
Madagascar >> 3/21/2011 - Madagascar Oil announces that it has declared force majeure under the four production sharing contracts for Blocks 3104, 3105, 3106 and 3107 that it operates in Madagascar, in order to safeguard its r...
Omani Oil Production Unaffected by Strike
Oman >> 3/17/2011 - Oman’s oil production wasn’t affected by a strike staged yesterday by workers of Petroleum Development Oman, Gulf News reported, without saying where it obtained the information. ...
Libya to Honour Existing Oil Contracts
Libya >> 3/16/2011 - Libya's government will honour existing contracts with Western oil companies after a violent revolt cut output in the OPEC nation, the head of Libya's National Oil Corporation said. ...
Eni CEO Says Libya Ties Not Compromised by Turmoil
Libya >> 3/16/2011 - Eni's business ties with Libya have not been damaged by the current turmoil, Paolo Scaroni, chief executive of Italy's biggest oil company said on Wednesday. ...
Thai Oil Refiners' Shares Up After Japan Quake
Japan >> 3/14/2011 - Shares in Thailand's oil refiners rose sharply on Monday on expectations the refinery sector would benefit from tight supply and rising margins after the quake in Japan. ...
Libya's NOC Asks Oil Workers to Return
Libya >> 3/14/2011 - Libya's National Oil Corporation (NOC) has called on employees to return to work at oil installations and is hopeful oil production can soon increase, the head of NOC said on Monday. ...
Gaddafi Offers Libyan Oil to India, Russia, China
Libya >> 3/14/2011 - Libya's leader Muamer Gaddafi invited Chinese, Russian and Indian firms to produce its oil state news agency Jana reported Monday, in a bid to replace Western companies that fled unrest. ...
With Gaddafi Forces Closing in, Libya Town Fearful
Libya >> 3/13/2011 - Rebels fighting the forces of Muammar Gaddafi in the east of Libya said on Sunday the front line had been pushed back to the rebel-held oil town of Brega, and residents in the area said they were fear...
Libyan Rebels Fall Back from Brega After Bombardment
Libya >> 3/13/2011 - Rebels fell back from the Libyan oil town of Brega on Sunday after heavy bombardment by forces loyal to Muammar Gaddafi, witnesses told Reuters.
Libyan Troops Push Back Rebels from Oil Town
Libya >> 3/12/2011 - A sustained bombardment by Muammar Gaddafi's planes and tanks beat back rebels from the Libyan oil port of Ras Lanuf, and insurgents warned the uprising could be crushed completely without a no-fly zo...
South Korea Wins Rights to UAE Oil Field Development
United Arab Emirates >> 3/12/2011 - South Korea, Asia’s fourth-largest buyer of crude, signed its first oil-field contract with the United Arab Emirates, helping to assure future supplies for a nation dependent on imports for most of it...

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