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Oil Field Services News

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...
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...
Tullow Oil Says Keen to Expand in East Africa
Kenya >> 3/23/2010 - Encouraged by an oil find in western Uganda, London-based petroleum explorer Tullow Oil is keen to expand exploration in other parts of east Africa, a senior company official said. ...
Emirates Mubadala Desires to Invest in Yemen
Yemen >> 3/22/2010 - Mubadala Development Company of United Arab Emirates voiced on Monday desire to invest in fields of in oil, gas and minerals in Yemen. ...
Circle Oil Provides Operational Update in Morocco
Morocco >> 3/22/2010 - Circle Oil Plc, the international oil and gas exploration, development and Production Company, is pleased to announce the following operational update in respect of its activities in Morocco. ...
Primeline, Cnooc Sign Agreements for Lishui 36-1
China >> 3/19/2010 - Primeline Energy Holdings Inc. announced that Primeline, China National Offshore Oil Corporation ("CNOOC") and Primeline Petroleum Corporation ("PPC") have signed various agreements ("Development Agre...
PETTEP Withdraws from Participation in Bengara I
Indonesia >> 3/19/2010 - PTT Exploration and Production Public Company Limited (PTTEP) wishes to announce that PTTEP Bengara Company Limited (a subsidiary of PTTEP), has withdrawn the entire 40% participation interest from Bl...
India Cabinet Committee Approved NELP-VIII Award
India >> 3/19/2010 - The Cabinet Committee on Economic Affairs approved the following: (i) To endorse the assumptions made by Directorate General of Hydrocarbons (DGH) during the process of evaluation of bids for NELP-VII...
Pertamina Seeks Deadline on Joining Total Gas Block
Indonesia >> 3/18/2010 - Indonesia's state oil and gas firm Pertamina said it wanted to reach an agreement by next month to participate in the country's Mahakam gas block, operated by France's Total. ...
Total Signs Agreement to Acquire 50% in Kazakhstan
Kazakhstan >> 3/17/2010 - Total announces the signature of an agreement to acquire a 50% interest in Kazakhstan’s Concession held by OilTechnoGroup (OTG), the Kazakh subsidiary of Poland’s Petrolinvest. The roughly 5,500-squar...
Tethys Petroleum Updates Uzbekistan Oil Production
Uzbekistan >> 3/17/2010 - Tethys Petroleum Limited updated on its oil production activities at the North Urtabulak field in Uzbekistan. Tethys announced that it has now tested and put on production the newly drilled NUR116 wel...
Tethys Provides Oil Production Update in Tajikistan
Tajikistan >> 3/17/2010 - Tethys Petroleum Limited updated on its oil production activities at the Beshtentak field in Tajikistan. Tethys Petroleum announced that an oil sales contract has been signed to purchase crude oil fro...
Libya Plans New Energy Law
Libya >> 3/15/2010 - Libya is drafting its first new framework hydrocarbon law in more than 50 years, its top energy official said in an interview, but he did not say if it would change conditions for foreign oil companie...
Ghana, I.Coast to Draw Border of Oil-Rich Sea Zone
Ghana >> 3/13/2010 - Ghana will set up a commission by the end of the month to begin talks with Ivory Coast over their maritime border, negotiations that could be complicated by Ghana's big offshore oil finds. ...
Russia May Invite India ONGC to Energy Projects
Russia >> 3/11/2010 - Russia is considering inviting India's state-run Oil and Natural Gas Corp to develop oil and gas fields in Russia, the government said, ahead of Prime Minister Vladimir Putin's visit to India. ...
Russia's Sechin Says Kovykta Licence Will Be Fair
Russia >> 3/11/2010 - Russia's top energy official said that any decision to strip TNK-BP of its licence for the Kovykta gas field in Siberia should be "fair" and that costs should be compensated. ...
World Oil Demand - Mar 10
Austria >> 3/10/2010 - World oil demand in 2009
The year 2009 marked the worst year in the industry in oil demand since the oil crisis in the 1980’s. Oil consumption has been severely hit across all regions, esp...
Aminex Provides Operations Update on Ruvuma Basin
Tanzania >> 3/10/2010 - Aminex PLC advises that Tullow Oil PLC, operator of Likonde-1 has today provided the following progress update on the well: ...
AIOC Gives Chirag Oil Project Go Ahead
Azerbaijan >> 3/10/2010 - The Steering Committee for the development of the Azeri, Chirag and deepwater portion of the Gunashli (ACG) fields sanctioned investment in the new Chirag Oil Project (COP). ...
Uganda Opposition Seeks to Revoke Oil Deals
Uganda >> 3/9/2010 - Uganda's opposition will revoke existing production sharing agreements and force oil companies in the country to renegotiate their deals, a senior official said. ...

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