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Oil Field Services News

Rocksource Achieves Govt Approval in CY DWN 2001-1
India >> 2/16/2010 - Rocksource ASA has been notified by the Ministry for Oil and Natural Gas, in India that it has been approved as a licensee for the Cauvery Basin block, CY DWN 2001-1. The approval was dated 4th Januar...
Iraq Negotiates with CNOOC over Maysan Oilfields
Iraq >> 2/15/2010 - Iraq's Oil Ministry is negotiating with China's CNOOC for a service contract for the 2.5 billion barrel Maysan oilfield complex, Iraqi oil officials said. ...
PDO Brings Onstream New Gas Field
Oman >> 2/13/2010 - PDO announces the successful commissioning of a potentially significant new gas field at Burhaan West in the north of the Company’s concession area. An early production system built by PDO’s Gas Direc...
XTRACT Entered into a Further Agreement with Merty
Turkey >> 2/12/2010 - Xtract Energy Plc is pleased to announce that on 11 February 2010 it entered into a further agreement with its Turkish partners Merty Energy. Under the terms of the agreement, Xtract will acquire from...
Maurel & Prom’s M’Bafou Well Plugged and Abandoned
Congo >> 2/12/2010 - Maurel & Prom is announcing the failure of the M’Bafou well drilled in the Marine III exploration permit in the Congo. This well reached a level of 2,701 m and met its oil targets. Nevertheless, the c...
Indonesia Seeks to Boost Oil Output
Indonesia >> 2/10/2010 - Indonesia is seeking to speed up the licensing process for companies developing oil and gas projects, according to a decree issued by the energy minister. ...
Madagascar Oil Auction Seen in Oct 2010
Madagascar >> 2/9/2010 - Madagascar's auction of 50 offshore Indian Ocean oil blocks is only likely to happen in October this year after months of political turmoil delayed the process, a senior official said. ...
Ghana Blocks Exxon $4 bn Deal for Oil Field Stake
Ghana >> 2/9/2010 - The government of Ghana has blocked the estimated $4 billion sale of a stake in its Jubilee oil field, foiling months of talks between potential buyer Exxon Mobil Corp and the stake's owner, Kosmos En...
Alliance Adds 54.7 m Barrels of Proved Oil Reserves
Russia >> 2/8/2010 - In 2009, Alliance Oil Company Ltd added net proved and probable (2P) oil reserves of 54.7 million barrels through exploration and development as well as reserve revisions. The company's 2P reserves in...
Abu Dhabi to Raise Oil Output From Marginal Fields
United Arab Emirates >> 2/8/2010 - Abu Dhabi, the largest sheikhdom in the United Arab Emirates, aims to raise oil production from fields that haven’t been considered economically viable to maintain output at 1.8 million barrels a day ...
Indonesia to Import 600,000 Oil Barrels from Sudan
Sudan >> 2/6/2010 - Indonesian state-owned oil company PT Pertamina said it had obtained a permit from the trade minister to import 600,000 barrels of "Nile Blend" crude from Sudan. ...
Shtokman Directors Approve Way Forward on Shtokman
Russia >> 2/6/2010 - Today in Zurich Shtokman Development AG Board of Directors has been held. The project partners – Gazprom, Total and Statoil – reviewed the significant progress made by the project team towards Final I...
Gazprom Delays Giant Shtokman Field By 3 Years
Russia >> 2/5/2010 - Russia's gas export monopoly Gazprom said it had agreed with Total and Statoil to delay the giant Shtokman gas field by 3 years due to major changes in the global gas markets. ...
AOC to Develop Schedule for NW October Block
Egypt >> 2/5/2010 - Arabian Oil Company, Ltd. (AOC), a wholly owned subsidiary of AOC Holdings, Inc. has decided new development schedule for Northwest October (NWO) Block in the Gulf of Suez, Egypt for expected producti...
Shell Open To Nigeria Asset Sales, Output Hit
Nigeria >> 2/4/2010 - Royal Dutch Shell Plc said that it was open to selling more assets in Nigeria, where its oil and gas production has again been hit following recent attacks on pipelines. ...
Eni Pulls Out of Uganda Oil Deal
Uganda >> 2/4/2010 - Eni SpA has pulled out of its planned $1.5 billion purchase of Heritage Oil Plc's Ugandan assets in what is a setback for the Italian oil group's ambitions to grow in Africa to boost flagging output. ...
Sea Dragon Received Final Approval for Komombo#2
Egypt >> 2/4/2010 - Sea Dragon Energy Inc. is pleased to announce that its current working interest share of production from the N.W. Gemsa and Kom Ombo Concessions has now reached 1,475 bopd. The Company also reports th...
TNK-BP Bring Tyamkinskoye Deposit on Uvat into Ops
Russia >> 2/4/2010 - This year TNK-BP will bring into operation the Tyamkinskoye deposit which makes part of the Uvat group of deposits in the south of the Tyumen Region, German Khan, TNK-BP’s Executive Director told repo...
ENI Still in Talks Over Iran Oilfield-Official
Iran >> 2/3/2010 - Italy's ENI SpA has not withdrawn from talks over developing the third phase of Iran's Darkhovin oil field, the managing director of the National Iranian Oil Company (NIOC) was quoted. ...
Iran's Azadegan Oil Field Output at 40,000 bpd
Iran >> 2/3/2010 - Daily output at Iran's Azadegan oil field has reached 40,000 barrels per day (bpd) and will soon hit 50,000 bpd, Deputy Oil Minister Seifollah Jashnsaz was quoted. ...

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