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Oil Field Services News

Private Managers to Run Sudapet Company
Sudan >> 2/21/2011 - Sudan has appointed private sector businessmen to help manage its state oil firm Sudapet, which owns stakes in all of Sudan's oil blocks, to improve the company's efficiency and widen its scope, the o...
Repsol Increases Accessible Service Stations Number
Spain >> 2/18/2011 - Repsol has begun the second phase of its accessibility project to convert more than 500 of the service stations in its network. Through this initiative, the company will have the largest network of ac...
Iraq to Sign Akkas field Deal
Iraq >> 2/13/2011 - Iraq, seeking to rebuild its energy industry after years of conflict and scarce investment, will soon sign a delayed deal for the Akkas natural-gas field and review production-sharing contracts signed...
Export Production Tests at Tawke Initiated
Iraq >> 2/3/2011 - DNO can confirm that export production tests at the Tawke oil field in the Kurdistan Region of Iraq commenced on 2 February. At present, the tested volumes are around 10,000 bopd. ...
Koshekhablskoye Field Redevelopment Update in Russia
Russia >> 2/3/2011 - JKX is pleased to provide a status update of the redevelopment of the Koshekhablskoye field in southern Russia. ...
Bovanenkovo Field Pre-Development in Yamal on Track
Russia >> 2/2/2011 - Gazprom's group of experts started its business trip to the Yamal-Nenets Autonomous Okrug (YaNAO). It is planned to visit the facilities being constructed as part of the Yamal megaproject. ...
CNOOC Approves Beibu Gulf Overall Development Plan
China >> 1/31/2011 - Roc Oil (China) Company, on behalf of the Beibu Gulf project joint venture, advises that following internal and external expert reviews, CNOOC Limited, as the delegated authority, has internally appro...
Organic Reserve Replacement of 138 percent
United States >> 1/25/2011 - ConocoPhillips announced preliminary 2010 organic net proved reserve additions of 920 million barrels of oil equivalent (BOE). The Exploration and Production segment’s organic reserve replacement rati...
MODEC Probe Jeopardizes Jubilee Production
Ghana >> 1/23/2011 - MODEC, Inc. announced that, further to the request of prospective equity partners in the Jubilee FPSO, MODEC commissioned an independent investigation into its service agreement with its contractor. F...
Iraq Invites Firms to Develop Nassiriya Field
Iraq >> 1/11/2011 - Iraq plans to invite international oil companies to develop the giant Nassiriya oilfield in a bidding round later this year, a senior Iraqi government official said. ...
Floods Halt Coal Seam Gas Drilling in Surat Basin
Australia >> 1/10/2011 - Coal seam gas drilling in Australia's Surat Basin, a major source of gas for an estimated $200 billion of proposed liquefied natural gas projects to be built this decade, has been halted by flooding. ...
Step Towards the Development of Producing Fields
Libya >> 1/5/2011 - In implementing NOC’s policy regarding the development of undeveloped fields, and assigning its wholly owned companies to carry Imageout the development works, and not giving these fields to foreign c...
Discussion of Gasification Opportunities
Russia >> 12/23/2010 - A working meeting took place between Alexey Miller, Chairman of the Gazprom Management Committee and Mikhail Ignatyev, President of the Chuvash Republic. ...
India, Russia Sign Cooperation Agreement in Oil & Gas
India >> 12/21/2010 - An Agreement on enhancement of cooperation in Oil & Gas sector between India and the Russian Federation was signed by Mr. Sergei Ivanovich Shmatko, Minister of Energy of the Russian Federation and Mr....
Syria Gets Bids for Oil Exploration, Production Deals
Syria >> 12/8/2010 - Ended the international tender for oil exploration and development and production in the eight new blocks, covering about 40 percent of the area of Syria announced by the Ministry of Petroleum and Min...
Iraq Gas Deal With Shell Seen by Year End
Iraq >> 11/26/2010 - A multibillion-dollar final deal between Iraq and Royal Dutch Shell to capture flared gas at southern oilfields is expected to be signed before the end of the year, a senior Iraqi oil official said. ...
ShaMaran Announces Q3 Updates in Kurdistan
Iraq >> 11/23/2010 - ShaMaran Petroleum Corp. is pleased to announce the release of its financial results for the third quarter of 2010. ...
Iraq signs deals for Mansuriyah, Siba fields
Iraq >> 11/14/2010 - Iraq's oil ministry signed deals with foreign companies to develop its Mansuriyah and Siba natural gas fields, as it tries to boost its energy production and break into global gas markets. ...
Exxon Aims to Save Billions of Dollars at UAE Field
United Arab Emirates >> 11/8/2010 - Exxon Mobil Corp and its partners plan to build four artificial islands in the Upper Zakum oil field off Abu Dhabi that could result in cost savings of several billion dollars, an Exxon executive said...
Sameh Fahmi Visiting Iraq, in Egypt's History
Egypt >> 11/3/2010 - Eng. Sameh Fahmi, Minister of Petroleum, headed a senior delegation comprising a group of First Undersecretaries of the Ministry, Chairmen of holding companies & specialized companies to visit Bagh...

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