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Oil Field Services News

Petroneft Updates Licences 61 and 67, Tomsk Oblast
Russia >> 4/15/2010 - PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. ...
Iraq Favours Shell, Total, KOGAS for Gas Fields
Iraq >> 4/15/2010 - Iraq will invite 15 companies by the end of 2010 to bid to develop three gas fields and Royal Dutch Shell, Total and South Korea's KOGAS are favoured, an Iraqi official said. ...
TATNEFT Begins Oil Production in Syria
Syria >> 4/14/2010 - TATNEFT started crude oil production abroad. Doing this, the Company made a new significant step in expanding the resource base of the Company and enhancing its credibility not only the Republic of Ta...
Iraq Agrees to Alter Signature Bonuses on Oilfields
Iraq >> 4/14/2010 - Iraq's Oil Ministry has agreed to slash signature bonuses on two oilfield development deals secured by oil companies but is turning them into unrecoverable payments rather than soft loans, an official...
Gabon Oil-Industry Workers Begin Strike Over Labor
Gabon >> 4/14/2010 - Oil workers in Gabon, Africa’s sixth-biggest crude producer, began a strike over labor industry regulations, leading motorists in the capital city to queue for gasoline at filling stations. ...
Sino Gas & Energy Updates Ordos Basin
China >> 4/13/2010 - Sino Gas & Energy Holdings is pleased to provide an update on upcoming work programs on its Ordos Basin projects, located in central China. The Ordos Basin is the second largest onshore oil and gas pr...
Eni and Gazprom Sign Agreement on Elephant Project
Libya >> 4/12/2010 - Eni and Gazprom have agreed on the terms of Gazprom's entry into the Elephant project in Libya. The detailed agreement will be finalised in the coming days and will be submitted to Libyan authorities ...
Occidental to Boost Oman Crude Production in 2012
Oman >> 4/11/2010 - Occidental Petroleum Corp will boost its crude production in Oman by 50 percent to 150,000 barrels per day (bpd) in 2012, senior company executive Bill Albrecht said. ...
Roxi Provides Operational Update on Kazakhstan
Kazakhstan >> 4/7/2010 - Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the following operational update: ...
Indonesia's Pertamina Eyes Expired Oil Blocks
Indonesia >> 4/1/2010 - Indonesia may revise its oil and gas law to give state oil firm Pertamina first right to take over any blocks whose contracts are expiring, members of parliament said, a move likely to upset foreign p...
Roxi Provides Operational Update in Kazakhstan
Kazakhstan >> 3/31/2010 - Roxi is pleased to announce that Canamens Energy BV has informed Roxi that it has exercised its option under stage 2 of the BNG disposal agreement, approved by Roxi shareholders in November 2009, to p...
Total Says Congo's Moho Nord Field Has 300 m bls
Congo >> 3/31/2010 - Total's offshore Moho Nord field in Congo Republic contains about 300 million barrels of oil and a decision on development could be taken by the middle of next year, the French energy giant's head of ...
HDY Provides More Details on Agreement With Guinea
Guinea >> 3/31/2010 - Hyperdynamics Corporation provided further details of the amendment to its Production Sharing Contract (PSC) with the Republic of Guinea. The amendment was signed late last week in the capital, Conakr...
Volga Gas Provides Operational Update in Russia
Russia >> 3/30/2010 - Volga Gas Plc, the oil and gas exploration and production group operating in the Volga Region of European Russia, is pleased to provide the following general operational update. ...
DNO Provides Operations Update in Yemen
Yemen >> 3/29/2010 - DNO is reporting a summary of ongoing drilling and well operations in Yemen. As previously reported the Bayoot-7 basement development well in Block 53 was put on stream 12 February and is now producin...
Maurel & Prom to Increase Production on Omoueyi
Gabon >> 3/29/2010 - On 16th March 2010, Maurel & Prom announced the start of production at the OMGW-1 well. This discovery well in the Gwedidi field had tested 3,000 b/d, in the “Grès de base”, late December 2009 and a 6...
Iraq's Majnoon Oilfield to Hit 175,000 boed in 2012
Iraq >> 3/29/2010 - Iraq's Majnoon oilfield is expected to produce 175,000 barrels of oil equivalent per day when commercial production begins in 2012, a senior Royal Dutch Shell executive said. ...
TNK-BP Wins the Auction to Develop a Gas Field
Russia >> 3/26/2010 - TNK-BP announced that Orenburgneft, one of its main production companies, won the auction for the subsoil use rights of the Chagansky gas field in the Orenburg region. The price of the auction amounte...
Lukoil Stops Iran Work Due to U.S. Pressure
Iran >> 3/24/2010 - U.S. sanctions against Iran forced OAO Lukoil Holdings to abandon a project in the Islamic Republic, the Russian oil company said Wednesday, as diplomatic pressure starts hurting investments from coun...
Cooper Energy Awarded Indonesian Oil Fields
Indonesia >> 3/24/2010 - Cooper Energy is pleased to announce that, through a work program bidding process, Cooper Energy has been awarded a contract by PERTAMINA (the Indonesian National Oil Company) to operate and develop t...

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