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Oil Field Services News

S.Leone Says Needs Time to Appraise Oil Find
Sierra Leone >> 5/26/2010 - Sierra Leone has not yet established whether an offshore oil find last year is commercially viable and expects to know more in a year, its energy minister said. ...
Sakhalin-1 Production to Get Boost-Japex
Russia >> 5/25/2010 - Production from Russia's Far East Sakhalin-1 oil project will get a boost of 30,000 barrels per day (bpd) after the second of three fields included in the project reaches peak next year, a stakeholder...
ADOC Agreed Main Terms for New Concession Area
United Arab Emirates >> 5/25/2010 - Abu Dhabi Oil Co., Ltd. (Japan), ADOC, who is a subsidiary of Cosmo Oil Co., Ltd., Cosmo, and an operating company in Abu Dhabi, has agreed main terms and conditions as a basis for continuing discussi...
ENI to Reach 250,000bpd Output at Iraq's Zubair
Iraq >> 5/25/2010 - ENI hopes to reach output of at least 250,000 barrels per day from Iraq's Zubair oilfield, an ENI executive said. "We hope to reach at least 200,000 to 250,000 barrels per day," Gino Giannone, an ENI ...
CNPC Expands in Xinjiang to Boost Region’s Economy
China >> 5/21/2010 - China National Petroleum Corp. plans to expand its refining operations by 50 percent in oil-rich Xinjiang to help accelerate economic development in the region struck by the deadliest ethnic violence ...
PetroNeft Announced Final Results and updates ops
Russia >> 5/20/2010 - PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its preliminary results for the year ended 31 December 2009. ...
Cairn to Ramp Up Production As Pipeline Completed
India >> 5/20/2010 - UK oil explorer Cairn Energy said it planned to ramp up production at its oil fields in India after laying a pipeline which will enable it to sell more oil to refiners. ...
Tullow Announced Nzizi-3 Appraisal Well Results
Uganda >> 5/19/2010 - Tullow Oil plc announces that the Nzizi-3 well in Uganda Block 2 has successfully appraised the Nzizi gas field. The Nzizi-3 appraisal well was drilled 1.2 kilometres up-dip and to the east of the Nz...
Exxon, BG, BP, Eni Court india Oil Field
India >> 5/19/2010 - Exxon Mobil Corp., BG Group PLC, BP PLC and Eni SpA are seeking to buy a stake in an oil-and-gas block leased by Oil & Natural Gas Corp., India's flagship oil producer. ...
Lundin Petroleum Signs a New PSC in Malaysia
Malaysia >> 5/19/2010 - Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary, Lundin Malaysia BV, has signed a new PSC with PETRONAS covering blocks SB307 and SB308, offshore Sabah. ...
PA: 1st Oil from 3rd Production Well on Azurite
Congo >> 5/18/2010 - The third production well on the Azurite oil field in the Mer Profond Sud block in the Republic of Congo has been put on stream. ...
India ONGC Offers Stake in Block to Foreign Firms
India >> 5/18/2010 - State-run Oil and Natural Gas Corp has asked foreign firms including Exxon Mobil and BP to submit proposals to buy a stake in an east coast block shunned by Brazil's Petrobras. ...
Niko Increases Acreage Holdings by 29% in Indonesia
Indonesia >> 5/18/2010 - Niko Resources Ltd. is pleased to announce the signing of four new Production Sharing Contracts with the Government of Indonesia for the following blocks. ...
Iraq Approves Kurdish Oil Exports Deal
Iraq >> 5/18/2010 - Iraq's cabinet approved a deal that would allow oil exports to resume from the country's semi-autonomous Kurdish region, taking the two sides closer to resolving bitter disputes over oil, land and pow...
Nido Updates SC 54A Tindalo Operations
Philippines >> 5/14/2010 - Nido Petroleum Limited, as Operator of Service Contract 54A (SC 54A), is pleased to provide a status update on development work at Tindalo which is on schedule to deliver first oil in May 2010. ...
Indonesia Awards 14 Oil and Gas Blocks
Indonesia >> 5/13/2010 - Indonesia has awarded 14 oil and gas blocks to firms including Spanish giant Repsol and a consortium of Talisman Energy Inc and Thailand's PTT Exploration and Production PTTE.BK, an official said. ...
Cnooc to Sign Iraq Missan Oil Field Deal
Iraq >> 5/13/2010 - A consortium led by Cnooc Ltd. (CEO), the Hong-Kong-listed unit of China National Offshore Oil Corp., will sign a final deal with Iraq to develop the 2.5 billion-barrel Missan oil field complex in sou...
Petro Matad Provides Operational Update in Block XX
Mongolia >> 5/11/2010 - The board of directors of Petro Matad wishes to provide an update on the Company’s operational Progress. The 2009/2010 three-hole drilling programme on the Davsan Tolgoi prospect on the Company’s Bloc...
Oil Exports from Iraqi Kurdistan May Start Soon
Iraq >> 5/11/2010 - A deal between Iraq's central government in Baghdad and its semiautonomous northern Kurdish region to restart oil exports could come within days, Iraq's deputy oil minister said. ...
Independent Resources Update Ksar Hadada Operations
Tunisia >> 5/10/2010 - Independent Resources plc is pleased to announce the following operational update for its Ksar Hadada oil and gas exploration permit covering 5,600 square km onshore Tunisia, where IRG holds an 18.97%...

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