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Oil Field Services News

West Dikirnis Phase II Development Completed
Egypt >> 8/17/2010 - During the first half of 2010, Melrose continued its active exploration and development work programme on its Egyptian acreage comprising the Mansoura, South East Mansoura and Qantara concessions onsh...
Chariot’s Approval to Move to First Renewal Phase
Namibia >> 8/16/2010 - Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Enigma Oil & Gas Exploration (Pty) Limited, has received formal ...
Turkmenistan Welcomes U.S. Oil Firms
Turkmenistan >> 8/13/2010 - Turkmenistan offered U.S. energy majors their first concessions in the Central Asian state and said it was pursuing a $4.1 billion loan from China to develop one of the world's five largest natural ga...
Aker & KGNT Establish JV to Target Oil & Gas
Kazakhstan >> 8/12/2010 - Aker Solutions and the Kazakh company KGNT Holding has established a 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offshore oil and gas industry in the Kazakhstan sector...
ERHC Energy Reports Q3 2010 Results
Sao Tome and Principe >> 8/10/2010 - ERHC Energy, a publicly traded American company with oil and gas assets in the Gulf of Guinea off the coast of West Africa, has announced its results for Q3 ended June 30 2010 and updated operations i...
Nido Provides Operations Update for Tindalo Field
Philippines >> 8/9/2010 - Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), is pleased to provide an operations update on Extended Well Testing (EWT) activities at Tindalo. Well testing is continuing...
UAE Aims to Increase Oil Output Capacity by 2018
United Arab Emirates >> 8/5/2010 - The United Arab Emirates aims to increase its oil production capacity to 3.5 million barrels per day (bpd) by 2018 from 2.7 million bpd now, said a government report released on Thursday. ...
Bang Nouan-1 Has Been Plugged and Abandoned
Laos >> 8/4/2010 - Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Bang Nouan-1 exploration well in the Savannakhet PSC, Lao PDR has been plugged a...
Roxi Petroleum Receives Preemption Waiver for Galaz
Kazakhstan >> 8/3/2010 - Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that it has received the Article 71 pre-emption waiver from the Kazakh authorities in connectio...
Beach Expands Presence in Egypt Oil Exploration
Egypt >> 8/3/2010 - Beach Energy Limited has executed Sale and Purchase agreements which will, subject to Egyptian regulatory authority approval and endorsement, give it exposure to new oil exploration opportunities in t...
Libya Increases Proven Oil Reserves
Libya >> 8/2/2010 - Libya's proven crude oil reserves rose to 46 billion barrels in the first half of this year after adding 612 million barrels from new fields, local daily Oea said on Friday, quoting the country's top ...
Nigeria Oil Reforms to Be Passed in 4-5 Weeks
Nigeria >> 7/30/2010 - Nigeria's parliament will pass wide-ranging legislation to reform its energy industry within weeks, redefining the OPEC member's relationship with its foreign oil partners, the oil minister said on Th...
Egypt and Eni Sign an Agreement for Initiatives
Egypt >> 7/27/2010 - Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, and Eni CEO, Paolo Scaroni, signed a Strategic Framework Agreement for the development of joint initiatives in the fields of exploration, product...
Hayward to Step Down and be Succeeded by Dudley
United States >> 7/27/2010 - BP announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executi...
Buguruslanneft Gets Rights for Ivanovskoe Field
Russia >> 7/26/2010 - Buguruslanneft LLC has won in an open auction for the right to use subsurface mineral resources of the Ivanovskoe oil and gas field in the Krasnogvardeysky and Ponomarevsky districts of the Orenburg r...
SP Phases 15 and 16 Physical Progress 47 Percent
Iran >> 7/24/2010 - Director of South Pars gas field phases 15 and 16 says the phases have progressed physically by 47 percent noting that 375 million Euros from the sale of euro bonds to develop the South Pars gas field...
Sterling Updates Ampasindava & Ambilobe in Madagascar
Madagascar >> 7/23/2010 - Sterling’s Ambilobe and Ampasindava blocks are located in the deepwater basin offshore north-west Madagascar. The exploration programme for both blocks continues to be hampered due to the political si...
Salamander Plugged and Abandoned 31-THX-1X, Vietnam
Vietnam >> 7/21/2010 - Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has plugged and abandoned the Tom Hum Xanh-1X (“31-THX-1X”) exploration well in B...
Azadegan Oil Field MDP Approves
Iran >> 7/20/2010 - Director of the Azadegan oil field development plan, Naseraddin Eftekhar says National Iranian South Oil Co has accepted the Master Development Plan (MDP) of the Chinese Company, CNPCI, to develop the...
NIOC is Prepared to Develop Shared Oil & Gas Fields
Iran >> 7/20/2010 - Deputy Iranian Minister of Petroleum for planning and supervision on hydrocarbon resources says the ministry is fully prepared to start development of shared oil and gas fields this year, noting part ...

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